Full House Resorts, Inc. (NASDAQ:FLL) Stock Holdings Boosted by Wasatch Advisors LP

Wasatch Advisors LP raised its position in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 11.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 840,579 shares of the company’s stock after purchasing an additional 86,333 shares during the quarter. Wasatch Advisors LP owned about 2.43% of Full House Resorts worth $4,682,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aristides Capital LLC boosted its stake in shares of Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock worth $373,000 after acquiring an additional 39,706 shares in the last quarter. Bard Associates Inc. boosted its stake in shares of Full House Resorts by 6.2% during the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after acquiring an additional 2,100 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Full House Resorts during the 4th quarter worth $78,000. 37.68% of the stock is owned by institutional investors.

Full House Resorts Stock Up 6.1 %

Shares of FLL traded up $0.28 during mid-day trading on Tuesday, reaching $4.88. The company’s stock had a trading volume of 188,612 shares, compared to its average volume of 98,283. The business has a fifty day moving average of $5.01 and a 200 day moving average of $5.05. The company has a market cap of $169.04 million, a price-to-earnings ratio of -6.78 and a beta of 2.00. Full House Resorts, Inc. has a 1 year low of $3.40 and a 1 year high of $6.90. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 6.96.

Full House Resorts (NASDAQ:FLL) last released its earnings results on Wednesday, May 8th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.18). The business had revenue of $69.92 million during the quarter, compared to analysts’ expectations of $71.20 million. Full House Resorts had a negative net margin of 9.49% and a negative return on equity of 31.04%. As a group, analysts forecast that Full House Resorts, Inc. will post -0.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FLL has been the subject of several research reports. JMP Securities reduced their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 6th. B. Riley assumed coverage on Full House Resorts in a research note on Friday, April 26th. They set a “buy” rating and a $9.00 price objective for the company.

Insider Buying and Selling

In related news, CFO Lewis A. Fanger sold 9,503 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $5.22, for a total transaction of $49,605.66. Following the completion of the sale, the chief financial officer now directly owns 273,155 shares in the company, valued at $1,425,869.10. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Full House Resorts news, SVP Elaine Guidroz sold 10,375 shares of the stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $5.23, for a total transaction of $54,261.25. Following the transaction, the senior vice president now directly owns 45,757 shares of the company’s stock, valued at $239,309.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Lewis A. Fanger sold 9,503 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $5.22, for a total transaction of $49,605.66. Following the transaction, the chief financial officer now directly owns 273,155 shares in the company, valued at $1,425,869.10. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,004 shares of company stock worth $135,974. Corporate insiders own 12.70% of the company’s stock.

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.