Villere ST Denis J & Co. LLC Increases Stock Holdings in Full House Resorts, Inc. $FLL

Villere ST Denis J & Co. LLC boosted its position in Full House Resorts, Inc. (NASDAQ:FLL) by 50.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,000 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Villere ST Denis J & Co. LLC owned about 0.17% of Full House Resorts worth $220,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Private Management Group Inc. boosted its position in Full House Resorts by 1.0% in the first quarter. Private Management Group Inc. now owns 1,677,179 shares of the company’s stock worth $7,011,000 after purchasing an additional 16,020 shares during the last quarter. One Wealth Advisors LLC raised its stake in shares of Full House Resorts by 127.0% in the first quarter. One Wealth Advisors LLC now owns 578,962 shares of the company’s stock worth $2,420,000 after buying an additional 323,931 shares during the period. American Century Companies Inc. lifted its position in shares of Full House Resorts by 33.1% during the 1st quarter. American Century Companies Inc. now owns 474,048 shares of the company’s stock valued at $1,982,000 after buying an additional 117,936 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of Full House Resorts by 74.4% during the 1st quarter. Jefferies Financial Group Inc. now owns 185,428 shares of the company’s stock valued at $775,000 after buying an additional 79,123 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of Full House Resorts during the 1st quarter valued at about $541,000. 37.68% of the stock is owned by hedge funds and other institutional investors.

Full House Resorts Trading Down 5.1%

Shares of FLL opened at $2.61 on Friday. The company has a debt-to-equity ratio of 22.08, a current ratio of 0.63 and a quick ratio of 0.60. Full House Resorts, Inc. has a 1 year low of $2.61 and a 1 year high of $5.59. The company has a 50 day simple moving average of $3.48 and a two-hundred day simple moving average of $3.61. The firm has a market cap of $94.25 million, a P/E ratio of -2.27 and a beta of 1.54.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.09). Full House Resorts had a negative net margin of 13.75% and a negative return on equity of 118.79%. The company had revenue of $73.95 million for the quarter, compared to analysts’ expectations of $80.47 million.

Insider Transactions at Full House Resorts

In related news, Director Eric J. Green acquired 10,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $3.54 per share, with a total value of $35,400.00. Following the acquisition, the director directly owned 233,959 shares in the company, valued at $828,214.86. This represents a 4.47% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FLL shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Full House Resorts in a research report on Wednesday. Macquarie reaffirmed a “neutral” rating and set a $4.00 price objective on shares of Full House Resorts in a research report on Friday, August 8th. Finally, JMP Securities lifted their price objective on Full House Resorts from $4.00 to $5.00 and gave the company a “market outperform” rating in a research report on Friday, July 18th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Full House Resorts has a consensus rating of “Hold” and an average target price of $5.50.

About Full House Resorts

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.