Charles Schwab Investment Management Inc. Decreases Position in Bally’s Co. (NYSE:BALY)

Charles Schwab Investment Management Inc. trimmed its holdings in shares of Bally’s Co. (NYSE:BALY) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,715 shares of the company’s stock after selling 4,503 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.49% of Bally’s worth $3,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in BALY. SG Americas Securities LLC acquired a new position in shares of Bally’s in the 3rd quarter valued at $153,000. Quest Partners LLC acquired a new position in shares of Bally’s in the second quarter valued at about $131,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Bally’s in the second quarter valued at about $217,000. Price T Rowe Associates Inc. MD raised its stake in shares of Bally’s by 7.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,132 shares of the company’s stock worth $281,000 after purchasing an additional 1,394 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Bally’s during the second quarter worth about $560,000. 70.41% of the stock is owned by institutional investors and hedge funds.

Bally’s Trading Up 0.1 %

Shares of NYSE:BALY opened at $17.79 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 15.62. Bally’s Co. has a twelve month low of $9.74 and a twelve month high of $18.00. The company’s 50 day moving average is $17.64 and its 200 day moving average is $15.92.

Bally’s Company Profile

Bally's Corporation operates as a casino-entertainment company. It owns and manages casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, an online gaming operator; Bally Bet, a sports betting platform; and Bally Casino, an iCasino platform.