Rhumbline Advisers Purchases 7,551 Shares of Full House Resorts, Inc. (NASDAQ:FLL)

Rhumbline Advisers lifted its position in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 14.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,333 shares of the company’s stock after purchasing an additional 7,551 shares during the quarter. Rhumbline Advisers’ holdings in Full House Resorts were worth $297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Wasatch Advisors LP raised its stake in Full House Resorts by 11.4% during the first quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock valued at $4,682,000 after buying an additional 86,333 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Full House Resorts by 7.4% during the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock valued at $3,241,000 after buying an additional 40,032 shares during the last quarter. GSA Capital Partners LLP raised its stake in Full House Resorts by 48.3% during the first 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 during the last quarter. Bank of New York Mellon Corp raised its stake in Full House Resorts by 13.2% during the second quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock valued at $484,000 after buying an additional 11,288 shares during the last quarter. Finally, Aristides Capital LLC raised its stake in Full House Resorts by 133.3% during the fourth quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after buying an additional 39,706 shares during the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Full House Resorts Stock Up 1.0 %

Full House Resorts stock opened at $5.00 on Friday. The stock has a market cap of $173.19 million, a PE ratio of -6.92 and a beta of 2.00. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.78 and a current ratio of 0.81. Full House Resorts, Inc. has a one year low of $3.40 and a one year high of $5.98. The stock has a fifty day moving average of $5.09 and a 200 day moving average of $5.08.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.11). Full House Resorts had a negative net margin of 10.11% and a negative return on equity of 37.79%. The company had revenue of $73.49 million for the quarter, compared to the consensus estimate of $79.10 million. During the same period in the prior year, the firm posted ($0.16) EPS. As a group, sell-side analysts predict that Full House Resorts, Inc. will post -0.74 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FLL. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. JMP Securities boosted their price target on Full House Resorts from $6.00 to $7.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.33.

Insider Buying and Selling at Full House Resorts

In other Full House Resorts news, CEO Daniel R. Lee sold 8,676 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $5.09, for a total transaction of $44,160.84. Following the completion of the transaction, the chief executive officer now owns 1,588,880 shares in the company, valued at approximately $8,087,399.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Daniel R. Lee sold 8,676 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $5.09, for a total value of $44,160.84. Following the completion of the sale, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at approximately $8,087,399.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Daniel R. Lee sold 35,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $5.02, for a total value of $175,700.00. Following the sale, the chief executive officer now directly owns 1,116,249 shares of the company’s stock, valued at $5,603,569.98. The disclosure for this sale can be found here. Insiders sold 115,913 shares of company stock worth $583,314 in the last quarter. 12.70% of the stock is owned by corporate insiders.

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.