Empowered Funds LLC Decreases Holdings in Century Casinos, Inc. (NASDAQ:CNTY)

Empowered Funds LLC trimmed its holdings in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 22.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,629 shares of the company’s stock after selling 17,098 shares during the period. Empowered Funds LLC owned 0.19% of Century Casinos worth $190,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Royce & Associates LP lifted its holdings in Century Casinos by 2.2% in the 3rd quarter. Royce & Associates LP now owns 2,896,035 shares of the company’s stock worth $7,414,000 after buying an additional 61,522 shares in the last quarter. Rice Hall James & Associates LLC lifted its holdings 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 buying an additional 325,890 shares in the last quarter. RBF Capital LLC lifted its holdings 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 buying an additional 69,349 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Century Casinos by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 283,618 shares of the company’s stock worth $726,000 after buying an additional 5,220 shares in the last quarter. 66.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on CNTY shares. Stifel Nicolaus boosted their price objective on shares of Century Casinos from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. JMP Securities restated a “market outperform” rating and issued a $5.00 target price on shares of Century Casinos in a research note on Monday, January 27th. Craig Hallum initiated coverage on shares of Century Casinos in a research note on Tuesday, November 26th. They issued a “buy” rating and a $8.00 target price on the stock. Finally, StockNews.com upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5.50.

Century Casinos Stock Performance

Shares of Century Casinos stock opened at $3.00 on Friday. The firm has a market cap of $92.04 million, a PE ratio of -1.23 and a beta of 2.64. The firm’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $3.08. The company has a debt-to-equity ratio of 6.58, a quick ratio of 1.74 and a current ratio of 1.79. Century Casinos, Inc. has a 1 year low of $1.94 and a 1 year high of $5.09.

About Century Casinos

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.