SG Americas Securities LLC Purchases Shares of 13,749 Accel Entertainment, Inc. (NYSE:ACEL)

SG Americas Securities LLC purchased a new stake in shares of Accel Entertainment, Inc. (NYSE:ACEL) in the 4th quarter, HoldingsChannel reports. The fund purchased 13,749 shares of the company’s stock, valued at approximately $141,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Invesco Ltd. increased its holdings in Accel Entertainment by 974.6% in the 3rd quarter. Invesco Ltd. now owns 974,356 shares of the company’s stock worth $10,669,000 after buying an additional 883,688 shares during the period. Prudential Financial Inc. grew its stake in shares of Accel Entertainment by 423.3% during the 1st quarter. Prudential Financial Inc. now owns 361,691 shares of the company’s stock worth $4,405,000 after purchasing an additional 292,576 shares during the period. Nuveen Asset Management LLC grew its stake in shares of Accel Entertainment by 50.3% during the 3rd quarter. Nuveen Asset Management LLC now owns 682,930 shares of the company’s stock worth $5,334,000 after purchasing an additional 228,585 shares during the period. Dimensional Fund Advisors LP purchased a new position in shares of Accel Entertainment during the 2nd quarter valued at approximately $2,240,000. Finally, Vanguard Group Inc. lifted its position in shares of Accel Entertainment by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 3,101,745 shares of the company’s stock valued at $33,964,000 after buying an additional 210,862 shares in the last quarter. 55.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Accel Entertainment

In other Accel Entertainment news, Director Karl Mr. Peterson sold 30,000 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the director now owns 2,505,645 shares in the company, valued at approximately $27,562,095. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Karl Mr. Peterson sold 30,000 shares of Accel Entertainment stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the transaction, the director now owns 2,505,645 shares in the company, valued at approximately $27,562,095. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Derek Harmer sold 10,000 shares of Accel Entertainment stock in a transaction on Friday, March 15th. The stock was sold at an average price of $11.21, for a total value of $112,100.00. Following the transaction, the insider now owns 187,553 shares in the company, valued at approximately $2,102,469.13. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 121,707 shares of company stock worth $1,363,084. Corporate insiders own 19.17% of the company’s stock.

Accel Entertainment Trading Up 3.1 %

Shares of NYSE:ACEL opened at $11.25 on Wednesday. Accel Entertainment, Inc. has a 1 year low of $8.28 and a 1 year high of $12.05. The firm has a market capitalization of $942.36 million, a price-to-earnings ratio of 21.22 and a beta of 1.40. The company has a debt-to-equity ratio of 2.59, a current ratio of 2.85 and a quick ratio of 2.78. The business’s 50 day moving average price is $11.14 and its 200-day moving average price is $10.57.

Accel Entertainment (NYSE:ACEL) last announced its earnings results on Wednesday, February 28th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Accel Entertainment had a return on equity of 39.62% and a net margin of 3.90%. The firm had revenue of $297.07 million for the quarter, compared to analyst estimates of $286.32 million. On average, equities research analysts forecast that Accel Entertainment, Inc. will post 0.73 earnings per share for the current fiscal year.

About Accel Entertainment

Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.