Catawba River Capital Grows Holdings in Full House Resorts, Inc. (NASDAQ:FLL)

Catawba River Capital raised its stake in Full House Resorts, Inc. (NASDAQ:FLL) by 14.1% during the fourth quarter, Holdings Channel reports. The fund owned 1,563,124 shares of the company’s stock after buying an additional 193,067 shares during the period. Full House Resorts makes up approximately 3.8% of Catawba River Capital’s portfolio, making the stock its 16th largest position. Catawba River Capital’s holdings in Full House Resorts were worth $6,378,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLL. Private Management Group Inc. grew its stake in shares of Full House Resorts by 182.0% during the 4th quarter. Private Management Group Inc. now owns 1,661,159 shares of the company’s stock worth $6,778,000 after acquiring an additional 1,072,140 shares during the period. State Street Corp boosted its position in Full House Resorts by 1.7% during the third quarter. State Street Corp now owns 610,048 shares of the company’s stock worth $3,062,000 after purchasing an additional 10,168 shares during the period. Geode Capital Management LLC increased its holdings in 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 acquiring an additional 11,747 shares during the period. Barclays PLC boosted its holdings in Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock valued at $217,000 after purchasing an additional 31,512 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of Full House Resorts during the 3rd quarter valued at $54,000. 37.68% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Kathleen M. Caracciolo sold 8,900 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $4.43, for a total transaction of $39,427.00. Following the transaction, the director now directly owns 40,997 shares of the company’s stock, valued at approximately $181,616.71. The trade was a 17.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Lewis A. Fanger sold 37,738 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $5.05, for a total transaction of $190,576.90. Following the transaction, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,286,022.90. The trade was a 12.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 166,351 shares of company stock valued at $788,259. 12.70% of the stock is currently owned by insiders.

Full House Resorts Stock Performance

FLL opened at $5.28 on Tuesday. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. Full House Resorts, Inc. has a 52 week low of $3.77 and a 52 week high of $5.94. The business’s fifty day simple moving average is $4.60 and its 200 day simple moving average is $4.86.

Analyst Ratings Changes

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

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.