Century Casinos, Inc. (NASDAQ:CNTY) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in Century Casinos, Inc. (NASDAQ:CNTY) by 66.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,943 shares of the company’s stock after selling 54,628 shares during the period. Jane Street Group LLC owned 0.09% of Century Casinos worth $72,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Royce & Associates LP lifted its position in Century Casinos by 2.2% in the third quarter. Royce & Associates LP now owns 2,896,035 shares of the company’s stock valued at $7,414,000 after purchasing an additional 61,522 shares during the period. Rice Hall James & Associates LLC grew its stake in Century Casinos by 27.1% in the 3rd quarter. Rice Hall James & Associates LLC now owns 1,530,061 shares of the company’s stock worth $3,917,000 after acquiring an additional 325,890 shares during the period. RBF Capital LLC grew its stake in Century Casinos by 23.1% in the 3rd quarter. RBF Capital LLC now owns 369,349 shares of the company’s stock worth $946,000 after acquiring an additional 69,349 shares during the period. Squarepoint Ops LLC boosted its holdings in shares of Century Casinos by 64.0% in the 2nd quarter. Squarepoint Ops LLC now owns 117,072 shares of the company’s stock valued at $324,000 after purchasing an additional 45,695 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Century Casinos in the 2nd quarter valued at $215,000. Institutional investors and hedge funds own 66.36% of the company’s stock.

Century Casinos Trading Up 1.4 %

Century Casinos stock opened at $2.95 on Thursday. The stock has a market capitalization of $90.51 million, a PE ratio of -1.21 and a beta of 2.64. Century Casinos, Inc. has a 12-month low of $1.94 and a 12-month high of $5.09. The company has a debt-to-equity ratio of 6.58, a current ratio of 1.79 and a quick ratio of 1.74. The firm has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $2.99.

Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings results on Monday, November 4th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.02). The firm had revenue of $155.70 million during the quarter, compared to analysts’ expectations of $158.10 million. Century Casinos had a negative net margin of 12.73% and a negative return on equity of 41.20%. During the same quarter last year, the company posted ($0.47) EPS. As a group, equities research analysts expect that Century Casinos, Inc. will post -2.39 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on CNTY. JMP Securities upgraded shares of Century Casinos from a “market perform” rating to an “outperform” rating and set a $5.00 target price on the stock in a report on Tuesday, November 5th. Stifel Nicolaus boosted their target price on shares of Century Casinos from $4.00 to $5.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. StockNews.com raised shares of Century Casinos from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Finally, Craig Hallum began coverage on shares of Century Casinos in a research report on Tuesday, November 26th. They issued a “buy” rating and a $8.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Century Casinos has an average rating of “Moderate Buy” and an average price target of $5.50.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.