Jane Street Group LLC Sells 54,628 Shares of Century Casinos, Inc. (NASDAQ:CNTY)

Jane Street Group LLC cut its position in Century Casinos, Inc. (NASDAQ:CNTY) by 66.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 27,943 shares of the company’s stock after selling 54,628 shares during the quarter. Jane Street Group LLC’s holdings in Century Casinos were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rice Hall James & Associates LLC grew its position in Century Casinos by 27.1% in the 3rd quarter. Rice Hall James & Associates LLC now owns 1,530,061 shares of the company’s stock worth $3,917,000 after purchasing an additional 325,890 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Century Casinos in the second quarter worth about $215,000. RBF Capital LLC raised its stake in shares of Century Casinos by 23.1% in the third quarter. RBF Capital LLC now owns 369,349 shares of the company’s stock worth $946,000 after acquiring an additional 69,349 shares during the last quarter. Royce & Associates LP grew its position in shares of Century Casinos by 2.2% during the 3rd quarter. Royce & Associates LP now owns 2,896,035 shares of the company’s stock worth $7,414,000 after buying an additional 61,522 shares during the period. Finally, Squarepoint Ops LLC grew its position in shares of Century Casinos by 64.0% during the 2nd quarter. Squarepoint Ops LLC now owns 117,072 shares of the company’s stock worth $324,000 after buying an additional 45,695 shares during the period. 66.36% of the stock is currently owned by institutional investors and hedge funds.

Century Casinos Stock Up 1.4 %

CNTY stock opened at $2.95 on Thursday. The firm has a 50-day moving average price of $3.73 and a 200-day moving average price of $2.99. The stock has a market capitalization of $90.51 million, a P/E ratio of -1.21 and a beta of 2.64. Century Casinos, Inc. has a 12 month low of $1.94 and a 12 month high of $5.09. The company has a current ratio of 1.79, a quick ratio of 1.74 and a debt-to-equity ratio of 6.58.

Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.02). Century Casinos had a negative net margin of 12.73% and a negative return on equity of 41.20%. The business had revenue of $155.70 million during the quarter, compared to the consensus estimate of $158.10 million. During the same quarter last year, the business earned ($0.47) EPS. As a group, equities research analysts anticipate that Century Casinos, Inc. will post -2.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Craig Hallum began coverage on shares of Century Casinos in a report on Tuesday, November 26th. They set a “buy” rating and a $8.00 price objective for the company. JMP Securities raised shares of Century Casinos from a “market perform” rating to an “outperform” rating and set a $5.00 price target on the stock in a research report on Tuesday, November 5th. StockNews.com upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Finally, Stifel Nicolaus upped their price target on shares of Century Casinos from $4.00 to $5.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Century Casinos presently has an average rating of “Moderate Buy” and an average target price of $5.50.

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.