Century Casinos, Inc. (NASDAQ:CNTY) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its stake in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 14.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,080 shares of the company’s stock after selling 20,807 shares during the quarter. GSA Capital Partners LLP owned about 0.41% of Century Casinos worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of CNTY. Vanguard Group Inc. lifted its holdings in shares of Century Casinos by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 1,690,827 shares of the company’s stock valued at $5,343,000 after buying an additional 13,372 shares during the period. Quadrature Capital Ltd acquired a new position in Century Casinos during the first quarter worth $51,000. Price T Rowe Associates Inc. MD raised its holdings in Century Casinos by 38.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 67,864 shares of the company’s stock worth $215,000 after purchasing an additional 18,869 shares during the last quarter. Virtu Financial LLC acquired a new position in Century Casinos during the first quarter worth $66,000. Finally, Sei Investments Co. acquired a new position in Century Casinos during the second quarter worth $32,000. 66.36% of the stock is owned by institutional investors and hedge funds.

Century Casinos Stock Performance

Century Casinos stock opened at $4.39 on Friday. The firm has a market capitalization of $134.70 million, a P/E ratio of -1.78 and a beta of 2.55. The company has a current ratio of 1.79, a quick ratio of 1.74 and a debt-to-equity ratio of 6.58. The stock has a fifty day moving average price of $3.12 and a 200 day moving average price of $2.77. Century Casinos, Inc. has a 52 week low of $1.94 and a 52 week high of $5.05.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on CNTY shares. Stifel Nicolaus lifted their price objective on Century Casinos from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. StockNews.com raised Century Casinos from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Macquarie dropped their price target on Century Casinos from $5.00 to $4.00 and set an “outperform” rating for the company in a research report on Friday, August 9th. Finally, JMP Securities raised Century Casinos from a “market perform” rating to an “outperform” rating and set a $5.00 price target for the company in a research report on Tuesday, November 5th.

Century Casinos 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.