Sei Investments Co. Makes New $32,000 Investment in Century Casinos, Inc. (NASDAQ:CNTY)

Sei Investments Co. acquired a new position in Century Casinos, Inc. (NASDAQ:CNTY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,604 shares of the company’s stock, valued at approximately $32,000.

A number of other large investors have also modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Century Casinos in the first quarter worth about $66,000. Price T Rowe Associates Inc. MD increased its stake in shares of Century Casinos by 38.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 67,864 shares of the company’s stock worth $215,000 after purchasing an additional 18,869 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Century Casinos during the first quarter worth about $51,000. Nokomis Capital L.L.C. increased its stake in shares of Century Casinos by 9.3% during the first quarter. Nokomis Capital L.L.C. now owns 1,953,657 shares of the company’s stock worth $6,174,000 after purchasing an additional 165,452 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Century Casinos by 0.8% during the first quarter. Vanguard Group Inc. now owns 1,690,827 shares of the company’s stock worth $5,343,000 after purchasing an additional 13,372 shares in the last quarter. Institutional investors and hedge funds own 66.36% of the company’s stock.

Century Casinos Stock Down 3.3 %

Shares of NASDAQ CNTY opened at $2.66 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.91 and a debt-to-equity ratio of 6.22. The company has a 50-day moving average of $2.41 and a 200 day moving average of $2.68. Century Casinos, Inc. has a 12-month low of $1.94 and a 12-month high of $5.49. The stock has a market cap of $81.62 million, a PE ratio of -1.99 and a beta of 2.60.

Century Casinos (NASDAQ:CNTY) last released its quarterly earnings data on Thursday, August 8th. The company reported ($1.36) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.96). Century Casinos had a negative return on equity of 40.28% and a negative net margin of 13.65%. The company had revenue of $146.44 million for the quarter, compared to analyst estimates of $154.60 million. During the same period last year, the firm posted ($0.06) EPS. As a group, sell-side analysts predict that Century Casinos, Inc. will post -2.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Macquarie cut their target price on shares of Century Casinos from $5.00 to $4.00 and set an “outperform” rating for the company in a research note on Friday, August 9th.

About Century Casinos

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.