Price T Rowe Associates Inc. MD Makes New Investment in Full House Resorts, Inc. (NASDAQ:FLL)

Price T Rowe Associates Inc. MD bought a new position in shares of Full House Resorts, Inc. (NASDAQ:FLL) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,167 shares of the company’s stock, valued at approximately $57,000.

Other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in Full House Resorts in the 4th quarter worth $78,000. Bard Associates Inc. increased its stake in shares of Full House Resorts by 6.2% during the fourth quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after purchasing an additional 2,100 shares in the last quarter. Aristides Capital LLC raised its position in shares of Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock worth $373,000 after purchasing an additional 39,706 shares during the last quarter. GSA Capital Partners LLP lifted its stake in Full House Resorts by 48.3% in the 1st quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock valued at $949,000 after buying an additional 55,499 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its holdings in Full House Resorts by 7.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock worth $3,241,000 after buying an additional 40,032 shares during the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on FLL shares. B. Riley started coverage on Full House Resorts in a report on Friday, April 26th. They set a “buy” rating and a $9.00 target price for the company. JMP Securities raised their price objective on Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a report on Wednesday, July 17th.

Insiders Place Their Bets

In other news, Director Eric J. Green purchased 7,500 shares of the stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of $5.14 per share, with a total value of $38,550.00. Following the transaction, the director now owns 178,523 shares in the company, valued at approximately $917,608.22. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Eric J. Green purchased 7,500 shares of Full House Resorts stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of $5.14 per share, with a total value of $38,550.00. Following the transaction, the director now owns 178,523 shares in the company, valued at $917,608.22. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, COO John Ferrucci sold 18,499 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $5.00, for a total value of $92,495.00. Following the completion of the transaction, the chief operating officer now owns 28,328 shares of the company’s stock, valued at $141,640. The disclosure for this sale can be found here. Insiders sold 79,512 shares of company stock valued at $399,331 in the last three months. 12.70% of the stock is currently owned by insiders.

Full House Resorts Stock Up 1.6 %

FLL stock opened at $5.08 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.88 and a debt-to-equity ratio of 6.96. The firm has a 50-day moving average of $5.09 and a two-hundred day moving average of $5.08. Full House Resorts, Inc. has a 12 month low of $3.40 and a 12 month high of $5.98. The company has a market cap of $175.96 million, a price-to-earnings ratio of -7.06 and a beta of 2.00.

Full House Resorts (NASDAQ:FLL) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.11). The company had revenue of $73.49 million during the quarter, compared to analyst estimates of $79.10 million. Full House Resorts had a negative net margin of 9.49% and a negative return on equity of 31.04%. During the same period in the prior year, the business posted ($0.16) EPS. As a group, analysts forecast that Full House Resorts, Inc. will post -0.59 earnings per share for the current fiscal year.

Full House Resorts Profile

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.