Anthracite Investment Company Inc. Makes New $605,000 Investment in Full House Resorts, Inc. (NASDAQ:FLL)

Anthracite Investment Company Inc. acquired a new position in Full House Resorts, Inc. (NASDAQ:FLL) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 148,360 shares of the company’s stock, valued at approximately $605,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. R Squared Ltd bought a new stake in Full House Resorts in the fourth quarter valued at approximately $26,000. Bfsg LLC lifted its stake in Full House Resorts by 156.7% in the fourth quarter. Bfsg LLC now owns 11,090 shares of the company’s stock valued at $45,000 after acquiring an additional 6,770 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Full House Resorts by 23.7% in the fourth quarter. SG Americas Securities LLC now owns 13,372 shares of the company’s stock valued at $55,000 after buying an additional 2,558 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of Full House Resorts during the 4th quarter worth about $63,000. Finally, Barclays PLC grew 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 buying an additional 31,512 shares in the last quarter. 37.68% of the stock is owned by institutional investors and hedge funds.

Full House Resorts Trading Up 0.2 %

Shares of Full House Resorts stock opened at $4.48 on Wednesday. The firm has a market cap of $160.72 million, a PE ratio of -3.80 and a beta of 1.98. 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 1 year low of $3.77 and a 1 year high of $5.94. The company has a 50 day simple moving average of $4.80 and a two-hundred day simple moving average of $4.76.

Full House Resorts (NASDAQ:FLL) last posted its earnings results on Thursday, March 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.12). The business had revenue of $72.96 million for the quarter, compared to analysts’ expectations of $73.05 million. Full House Resorts had a negative net margin of 14.64% and a negative return on equity of 66.86%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JMP Securities reaffirmed a “market outperform” rating and issued a $6.00 price target on shares of Full House Resorts in a research note on Monday, January 27th. Citigroup restated an “outperform” rating on shares of Full House Resorts in a report on Friday, March 7th. UBS Group set a $5.00 price objective on Full House Resorts in a research note on Friday, March 7th. Finally, StockNews.com raised shares of Full House Resorts from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Full House Resorts presently has a consensus rating of “Buy” and an average target price of $6.33.

Insider Transactions at Full House Resorts

In related news, CFO Lewis A. Fanger sold 104,992 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $4.62, for a total transaction of $485,063.04. Following the completion of the transaction, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at approximately $1,176,519.96. This trade represents a 29.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 113,805 shares of company stock worth $529,138 over the last quarter. 12.70% of the stock is currently owned by insiders.

Full House Resorts Company 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.