BI Asset Management Fondsmaeglerselskab A S Acquires 48,057 Shares of Boyd Gaming Corporation $BYD

BI Asset Management Fondsmaeglerselskab A S increased its position in Boyd Gaming Corporation (NYSE:BYD) by 75.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 111,596 shares of the company’s stock after acquiring an additional 48,057 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned about 0.14% of Boyd Gaming worth $9,647,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BYD. Asset Management One Co. Ltd. acquired a new position in Boyd Gaming in the third quarter valued at about $1,531,000. Fox Run Management L.L.C. purchased a new position in Boyd Gaming in the second quarter valued at approximately $563,000. Allspring Global Investments Holdings LLC increased its position in shares of Boyd Gaming by 9.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 340,281 shares of the company’s stock worth $29,615,000 after purchasing an additional 30,543 shares in the last quarter. LSV Asset Management raised its position in Boyd Gaming by 115.8% in the 2nd quarter. LSV Asset Management now owns 245,100 shares of the company’s stock valued at $19,174,000 after purchasing an additional 131,500 shares during the last quarter. Finally, Oliver Luxxe Assets LLC acquired a new stake in Boyd Gaming during the 3rd quarter worth approximately $1,878,000. 76.81% of the stock is currently owned by institutional investors.

Trending Headlines about Boyd Gaming

Here are the key news stories impacting Boyd Gaming this week:

• Positive Sentiment: Q4 results beat expectations — Boyd reported $2.21 EPS vs. $1.88 consensus and revenue of $1.06B vs. $1.02B, giving investors a clear near-term revenue and earnings beat to drive the stock higher. Press Release / MarketBeat
• Positive Sentiment: Profitability metrics are strong — the quarter showed a net margin of ~46% and ROE of ~34.6%, signalling efficient operations and high returns on equity that support investor confidence. Zacks: Boyd Gaming Surpasses Q4 Estimates
• Neutral Sentiment: Earnings call transcript available — management commentary in the Q4 call (transcripts posted) will be parsed for guidance, regional performance (Strip vs. regional properties), and margin drivers; this is informational but could influence near-term sentiment depending on tone. Seeking Alpha: Q4 Earnings Call Transcript
• Neutral Sentiment: Pre-earnings coverage and metric comparisons — previews and follow-ups (Yahoo, Zacks) provided expectations context and metric comparisons to street estimates; useful for analysts but not immediately directional beyond the beats. Yahoo Finance: Q4 Transcript
• Neutral Sentiment: Beware of ticker confusion in headlines — an unrelated news item about BYD (the EV maker) circulated in the feed; it does not pertain to Boyd Gaming (NYSE: BYD) but can create temporary headline noise. 247wallst: BYD (EV maker) expansion
• Negative Sentiment: Liquidity and leverage factors may limit upside — Boyd’s current and quick ratios (~0.51 and ~0.49) suggest tighter near-term liquidity, and a debt/equity of ~0.71 means leverage is meaningful; these items could concern risk-focused investors despite the earnings beat.

Boyd Gaming Stock Down 1.4%

BYD stock opened at $83.62 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.51 and a debt-to-equity ratio of 0.71. The firm’s 50-day simple moving average is $85.03 and its 200 day simple moving average is $83.83. The stock has a market cap of $6.53 billion, a PE ratio of 3.65, a price-to-earnings-growth ratio of 1.50 and a beta of 1.24. Boyd Gaming Corporation has a fifty-two week low of $58.94 and a fifty-two week high of $89.96.

Boyd Gaming (NYSE:BYD) last announced its earnings results on Thursday, February 5th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.33. Boyd Gaming had a net margin of 46.02% and a return on equity of 34.63%. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm posted $1.96 EPS. Boyd Gaming’s revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts predict that Boyd Gaming Corporation will post 6.52 EPS for the current year.

Boyd Gaming Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Monday, December 15th were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. Boyd Gaming’s dividend payout ratio (DPR) is currently 3.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BYD shares. Truist Financial set a $110.00 price target on Boyd Gaming in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of Boyd Gaming in a report on Monday, December 29th. Morgan Stanley upped their target price on Boyd Gaming from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Friday, January 16th. Wells Fargo & Company assumed coverage on shares of Boyd Gaming in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $85.00 price target on the stock. Finally, Mizuho set a $100.00 target price on Boyd Gaming in a research report on Monday. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.08.

Boyd Gaming Profile

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.