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% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 59,333 shares of the company’s stock after acquiring an additional 7,551 shares during the quarter. Rhumbline Advisers owned approximately 0.17% of Full House Resorts worth $297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bard Associates Inc. grew its stake in shares of Full House Resorts by 6.2% during the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after acquiring an additional 2,100 shares during the period. Price T Rowe Associates Inc. MD bought a new position in shares of Full House Resorts during the 1st quarter worth $57,000. Bank of New York Mellon Corp grew its stake in shares of Full House Resorts by 13.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 96,749 shares of the company’s stock worth $484,000 after acquiring an additional 11,288 shares during the period. Panagora Asset Management Inc. grew its stake in shares of Full House Resorts by 107.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock worth $184,000 after acquiring an additional 19,101 shares during the period. Finally, Aristides Capital LLC grew its stake 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 acquiring an additional 39,706 shares during the period. Institutional investors own 37.68% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. JMP Securities raised their target price 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 assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Full House Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $7.33.

Insider Buying and Selling

In related 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 transaction, the chief executive officer now directly owns 1,588,880 shares in the company, valued at approximately $8,087,399.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CEO Daniel R. Lee sold 35,000 shares of Full House Resorts 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 in the company, valued at approximately $5,603,569.98. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Daniel R. Lee sold 8,676 shares of Full House Resorts 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 owns 1,588,880 shares in the company, valued at $8,087,399.20. The disclosure for this sale can be found here. Insiders have sold a total of 115,913 shares of company stock worth $583,314 in the last ninety days. 12.70% of the stock is owned by insiders.

Full House Resorts Stock Performance

Shares of NASDAQ FLL opened at $5.00 on Friday. The stock has a market cap of $173.19 million, a price-to-earnings ratio of -6.92 and a beta of 2.00. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 7.88. Full House Resorts, Inc. has a 1-year low of $3.40 and a 1-year high of $5.98. The stock’s 50-day moving average is $5.09 and its 200 day moving average is $5.08.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $73.49 million for the quarter, compared to analysts’ expectations of $79.10 million. During the same period in the prior year, the business posted ($0.16) earnings per share. On average, sell-side analysts anticipate that Full House Resorts, Inc. will post -0.74 EPS for the current fiscal year.

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.