Y Intercept Hong Kong Ltd Invests $358,000 in Full House Resorts, Inc. $FLL

Y Intercept Hong Kong Ltd purchased a new stake in Full House Resorts, Inc. (NASDAQ:FLL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 97,749 shares of the company’s stock, valued at approximately $358,000.

Other institutional investors have also added to or reduced their stakes in the company. Private Management Group Inc. lifted its stake in Full House Resorts by 1.0% in the 1st quarter. Private Management Group Inc. now owns 1,677,179 shares of the company’s stock valued at $7,011,000 after purchasing an additional 16,020 shares during the last quarter. Catawba River Capital increased its holdings in shares of Full House Resorts by 8.9% during the second quarter. Catawba River Capital now owns 1,635,973 shares of the company’s stock worth $5,988,000 after buying an additional 133,766 shares in the last quarter. One Wealth Advisors LLC lifted its stake in shares of Full House Resorts by 127.0% in the 1st quarter. One Wealth Advisors LLC now owns 578,962 shares of the company’s stock valued at $2,420,000 after acquiring an additional 323,931 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Full House Resorts by 33.1% during the 1st quarter. American Century Companies Inc. now owns 474,048 shares of the company’s stock valued at $1,982,000 after acquiring an additional 117,936 shares in the last quarter. Finally, Jefferies Financial Group Inc. grew its position in Full House Resorts by 74.4% during the 1st quarter. Jefferies Financial Group Inc. now owns 185,428 shares of the company’s stock worth $775,000 after acquiring an additional 79,123 shares during the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

Full House Resorts Price Performance

FLL stock opened at $2.63 on Friday. The company’s 50-day moving average is $3.01 and its 200-day moving average is $3.49. The stock has a market capitalization of $94.97 million, a PE ratio of -2.29 and a beta of 1.61. The company has a debt-to-equity ratio of 22.08, a current ratio of 0.63 and a quick ratio of 0.60. Full House Resorts, Inc. has a 1 year low of $2.30 and a 1 year high of $5.59.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.01). Full House Resorts had a negative net margin of 13.75% and a negative return on equity of 118.79%. The firm had revenue of $77.95 million for the quarter, compared to the consensus estimate of $76.40 million.

Analyst Ratings Changes

Several equities analysts have commented on FLL shares. Citizens Jmp dropped their target price on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a research report on Friday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Full House Resorts in a research note on Wednesday, October 8th. JMP Securities raised their price objective on shares of Full House Resorts from $4.00 to $5.00 and gave the company a “market outperform” rating in a report on Friday, July 18th. Finally, Macquarie reaffirmed a “neutral” rating and set a $4.00 target price on shares of Full House Resorts in a report on Friday, August 8th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Full House Resorts has a consensus rating of “Hold” and a consensus price target of $4.50.

Insiders Place Their Bets

In other Full House Resorts news, Director Eric J. Green acquired 10,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $3.54 per share, with a total value of $35,400.00. Following the completion of the purchase, the director owned 233,959 shares of the company’s stock, valued at approximately $828,214.86. This represents a 4.47% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 9.40% of the company’s stock.

About Full House Resorts

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.