Barclays PLC Boosts Holdings in Bally’s Co. (NYSE:BALY)

Barclays PLC grew its position in shares of Bally’s Co. (NYSE:BALY) by 63.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,419 shares of the company’s stock after purchasing an additional 14,567 shares during the period. Barclays PLC owned approximately 0.09% of Bally’s worth $645,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC purchased a new stake in Bally’s in the third quarter valued at approximately $38,000. Point72 DIFC Ltd bought a new position in shares of Bally’s in the 3rd quarter worth $48,000. Quest Partners LLC purchased a new stake in shares of Bally’s during the 2nd quarter valued at $131,000. SG Americas Securities LLC bought a new stake in shares of Bally’s during the 3rd quarter worth $153,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in shares of Bally’s during the 2nd quarter worth $217,000. Institutional investors own 70.41% of the company’s stock.

Bally’s Stock Up 0.2 %

BALY opened at $17.89 on Thursday. The business’s fifty day simple moving average is $17.71 and its 200 day simple moving average is $16.44. Bally’s Co. has a 52 week low of $9.74 and a 52 week high of $18.00. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 15.62. The stock has a market cap of $727.53 million, a PE ratio of -1.19 and a beta of 2.06.

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.