Barclays PLC Grows Stock Position in Full House Resorts, Inc. (NASDAQ:FLL)

Barclays PLC raised its holdings in Full House Resorts, Inc. (NASDAQ:FLL) by 268.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 43,247 shares of the company’s stock after buying an additional 31,512 shares during the quarter. Barclays PLC owned about 0.12% of Full House Resorts worth $217,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of Full House Resorts by 1.7% in the third quarter. State Street Corp now owns 610,048 shares of the company’s stock valued at $3,062,000 after purchasing an additional 10,168 shares during the period. KG&L Capital Management LLC acquired a new position in shares of Full House Resorts in the third quarter valued at about $50,000. Private Management Group Inc. acquired a new position in shares of Full House Resorts in the third quarter valued at about $2,957,000. SG Americas Securities LLC acquired a new position in shares of Full House Resorts in the third quarter valued at about $54,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Full House Resorts in the second quarter valued at about $50,000. 37.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FLL. JMP Securities cut their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a report on Thursday, November 7th. B. Riley dropped their target price on Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, November 7th.

Full House Resorts Stock Performance

NASDAQ FLL opened at $4.95 on Tuesday. The company has a market cap of $176.22 million, a PE ratio of -4.19 and a beta of 1.92. The stock’s 50 day simple moving average is $4.60 and its 200-day simple moving average is $4.89. Full House Resorts, Inc. has a 1-year low of $3.77 and a 1-year high of $5.94. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83.

Insider Buying and Selling at Full House Resorts

In other news, CFO Lewis A. Fanger sold 37,738 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $5.05, for a total value of $190,576.90. Following the completion of the sale, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at approximately $1,286,022.90. The trade was a 12.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the sale, the director now directly owns 40,997 shares of the company’s stock, valued at approximately $181,616.71. This represents a 17.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 91,917 shares of company stock worth $455,300 over the last quarter. 12.70% of the stock is currently owned by company insiders.

Full House Resorts Company Profile

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.