Cambridge Investment Research Advisors Inc. Boosts Stake in Century Casinos, Inc. (NASDAQ:CNTY)

Cambridge Investment Research Advisors Inc. increased its position in Century Casinos, Inc. (NASDAQ:CNTY – Get Rating) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,850 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.11% of Century Casinos worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Chartwell Investment Partners LLC grew its stake in shares of Century Casinos by 2.6% during the second quarter. Chartwell Investment Partners LLC now owns 87,938 shares of the company’s stock valued at $633,000 after acquiring an additional 2,195 shares in the last quarter. Rice Hall James & Associates LLC increased its stake in shares of Century Casinos by 0.5% during the second quarter. Rice Hall James & Associates LLC now owns 1,503,473 shares of the company’s stock valued at $10,825,000 after acquiring an additional 7,168 shares during the period. Amalgamated Bank acquired a new position in Century Casinos in the first quarter worth approximately $53,000. AWM Investment Company Inc. grew its position in Century Casinos by 10.0% during the 2nd quarter. AWM Investment Company Inc. now owns 1,630,957 shares of the company’s stock worth $11,743,000 after purchasing an additional 147,969 shares in the last quarter. Finally, MetLife Investment Management LLC grew its position in Century Casinos by 55.5% during the 1st quarter. MetLife Investment Management LLC now owns 15,389 shares of the company’s stock worth $184,000 after purchasing an additional 5,490 shares in the last quarter. 69.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. JMP Securities reduced their price objective on shares of Century Casinos from $13.00 to $12.00 and set a “market outperform” rating for the company in a research note on Monday, December 12th. TheStreet cut shares of Century Casinos from a “c” rating to a “d+” rating in a research note on Tuesday, November 22nd. StockNews.com lowered shares of Century Casinos from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 8th. Finally, B. Riley reduced their price target on shares of Century Casinos from $16.00 to $13.00 in a research report on Monday, November 7th.

Century Casinos Trading Up 2.6 %

Shares of NASDAQ CNTY opened at $7.97 on Monday. The company’s 50 day simple moving average is $7.44 and its 200 day simple moving average is $7.50. Century Casinos, Inc. has a fifty-two week low of $6.10 and a fifty-two week high of $13.55. The firm has a market capitalization of $238.02 million, a P/E ratio of 15.63 and a beta of 2.53. The company has a debt-to-equity ratio of 4.10, a current ratio of 4.03 and a quick ratio of 4.01.

Century Casinos (NASDAQ:CNTY – Get Rating) last issued its earnings results on Friday, November 4th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.08). Century Casinos had a net margin of 3.68% and a return on equity of 10.39%. The firm had revenue of $112.55 million during the quarter, compared to the consensus estimate of $110.17 million. On average, analysts predict that Century Casinos, Inc. will post 0.45 EPS for the current year.

About Century Casinos

(Get Rating)

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. As of March 8, 2022, it operated two ship-based casinos.