Geode Capital Management LLC Has $3.71 Million Holdings in Full House Resorts, Inc. (NASDAQ:FLL)

Geode Capital Management LLC boosted its position in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 738,560 shares of the company’s stock after acquiring an additional 11,747 shares during the period. Geode Capital Management LLC owned 2.07% of Full House Resorts worth $3,709,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Gabelli Funds LLC increased its position in Full House Resorts by 0.3% during the second quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after acquiring an additional 2,000 shares during the period. Rhumbline Advisers grew its position in Full House Resorts by 14.6% in the 2nd quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after purchasing an additional 7,551 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Full House Resorts during the 2nd quarter worth about $50,000. KG&L Capital Management LLC acquired a new position in shares of Full House Resorts during the third quarter valued at about $50,000. Finally, State Street Corp raised its position in shares of Full House Resorts by 1.7% during the third quarter. State Street Corp now owns 610,048 shares of the company’s stock valued at $3,062,000 after buying an additional 10,168 shares during the last quarter. 37.68% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Full House Resorts news, CEO Daniel R. Lee sold 13,002 shares of Full House Resorts stock in a transaction on Monday, October 14th. The shares were sold at an average price of $4.96, for a total transaction of $64,489.92. Following the completion of the transaction, the chief executive officer now directly owns 1,588,880 shares of the company’s stock, valued at $7,880,844.80. The trade was a 0.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the completion of the transaction, the director now directly owns 40,997 shares in the company, 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. Over the last 90 days, insiders sold 91,917 shares of company stock worth $455,300. 12.70% of the stock is owned by insiders.

Full House Resorts Price Performance

NASDAQ FLL opened at $4.95 on Tuesday. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. Full House Resorts, Inc. has a 52-week low of $3.77 and a 52-week high of $5.94. The business has a 50 day simple moving average of $4.60 and a 200 day simple moving average of $4.89. The stock has a market cap of $176.22 million, a price-to-earnings ratio of -4.19 and a beta of 1.92.

Wall Street Analyst Weigh In

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

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.