Bally’s Co. (NYSE:BALY) Shares Purchased by Barclays PLC

Barclays PLC grew its position in shares of Bally’s Co. (NYSE:BALY) by 63.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,419 shares of the company’s stock after purchasing an additional 14,567 shares during the period. Barclays PLC owned approximately 0.09% of Bally’s worth $645,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BALY. Bank of New York Mellon Corp boosted its stake in shares of Bally’s by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 101,707 shares of the company’s stock valued at $1,217,000 after purchasing an additional 1,064 shares during the period. Gabelli Funds LLC boosted its position in Bally’s by 0.8% in the 2nd quarter. Gabelli Funds LLC now owns 171,000 shares of the company’s stock valued at $2,047,000 after buying an additional 1,376 shares during the period. Longfellow Investment Management Co. LLC purchased a new position in Bally’s in the 3rd quarter valued at approximately $38,000. Point72 DIFC Ltd acquired a new position in shares of Bally’s in the third quarter worth $48,000. Finally, Empowered Funds LLC increased its position in shares of Bally’s by 5.3% during the third quarter. Empowered Funds LLC now owns 158,970 shares of the company’s stock worth $2,742,000 after acquiring an additional 8,040 shares during the period. 70.41% of the stock is currently owned by hedge funds and other institutional investors.

Bally’s Trading Up 0.3 %

NYSE:BALY opened at $18.11 on Friday. Bally’s Co. has a 12-month low of $9.74 and a 12-month high of $18.14. The firm has a market cap of $736.33 million, a PE ratio of -1.20 and a beta of 2.04. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 15.62. The stock has a fifty day moving average price of $17.82 and a 200 day moving average price of $16.90.

About Bally’s

Bally's Corporation operates as a casino-entertainment company. It owns and manages casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, an online gaming operator; Bally Bet, a sports betting platform; and Bally Casino, an iCasino platform.