Private Management Group Inc. Acquires 1,072,140 Shares of Full House Resorts, Inc. (NASDAQ:FLL)

Private Management Group Inc. lifted its holdings in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 182.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,661,159 shares of the company’s stock after purchasing an additional 1,072,140 shares during the quarter. Private Management Group Inc.’s holdings in Full House Resorts were worth $6,778,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLL. One Wealth Advisors LLC bought a new position in shares of Full House Resorts during the 4th quarter worth about $1,041,000. Barclays PLC increased its position in shares of Full House Resorts by 268.5% during the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock worth $217,000 after purchasing an additional 31,512 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Full House Resorts by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after purchasing an additional 19,802 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Full House Resorts by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 738,560 shares of the company’s stock worth $3,709,000 after purchasing an additional 11,747 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Full House Resorts during the 3rd quarter worth about $54,000. 37.68% of the stock is owned by institutional investors.

Insider Buying and Selling at Full House Resorts

In other Full House Resorts news, CFO Lewis A. Fanger sold 104,992 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $4.62, for a total value of $485,063.04. Following the completion of the sale, the chief financial officer now owns 254,658 shares in the company, valued at approximately $1,176,519.96. This trade represents a 29.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the completion of the sale, the director now owns 40,997 shares of the company’s stock, valued at $181,616.71. The trade was a 17.84 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 166,351 shares of company stock worth $788,259. 12.70% of the stock is currently owned by corporate insiders.

Full House Resorts Trading Down 1.1 %

FLL opened at $5.22 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04. The stock has a market capitalization of $185.83 million, a PE ratio of -4.42 and a beta of 1.94. Full House Resorts, Inc. has a 1-year low of $3.77 and a 1-year high of $5.94. The firm has a 50-day moving average price of $4.58 and a two-hundred day moving average price of $4.87.

Wall Street Analyst Weigh In

FLL has been the subject of a number of recent analyst reports. B. Riley dropped their target price on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. JMP Securities reiterated a “market outperform” rating and set a $6.00 target price on shares of Full House Resorts in a research report on Monday, January 27th.

Full House Resorts Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.