Barclays PLC Acquires 57,666 Shares of Accel Entertainment, Inc. (NYSE:ACEL)

Barclays PLC raised its holdings in shares of Accel Entertainment, Inc. (NYSE:ACEL) by 34.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 224,241 shares of the company’s stock after purchasing an additional 57,666 shares during the period. Barclays PLC owned 0.27% of Accel Entertainment worth $2,606,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC purchased a new stake in shares of Accel Entertainment in the 3rd quarter worth approximately $146,000. Quarry LP boosted its holdings in Accel Entertainment by 53.5% in the third quarter. Quarry LP now owns 13,265 shares of the company’s stock worth $154,000 after acquiring an additional 4,623 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Accel Entertainment in the third quarter worth $64,000. Verition Fund Management LLC increased its holdings in shares of Accel Entertainment by 43.3% during the third quarter. Verition Fund Management LLC now owns 22,618 shares of the company’s stock valued at $263,000 after acquiring an additional 6,830 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Accel Entertainment during the third quarter valued at $78,000. 55.39% of the stock is currently owned by hedge funds and other institutional investors.

Accel Entertainment Stock Performance

Shares of Accel Entertainment stock opened at $10.71 on Wednesday. Accel Entertainment, Inc. has a 1 year low of $9.37 and a 1 year high of $12.96. The firm’s 50-day moving average is $11.48 and its 200 day moving average is $11.12. The stock has a market cap of $881.89 million, a price-to-earnings ratio of 21.00 and a beta of 1.47. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63.

Insiders Place Their Bets

In other Accel Entertainment news, Director David W. Ruttenberg sold 25,000 shares of Accel Entertainment stock in a transaction on Monday, December 16th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the sale, the director now owns 360,635 shares of the company’s stock, valued at approximately $4,147,302.50. This trade represents a 6.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark T. Phelan sold 9,577 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $11.65, for a total value of $111,572.05. Following the completion of the transaction, the insider now owns 189,788 shares of the company’s stock, valued at $2,211,030.20. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 164,577 shares of company stock valued at $1,915,672. Insiders own 17.90% of the company’s stock.

About Accel Entertainment

Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.