Zurcher Kantonalbank Zurich Cantonalbank Has $152,000 Holdings in Accel Entertainment, Inc. (NYSE:ACEL)

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Accel Entertainment, Inc. (NYSE:ACEL) by 36.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,775 shares of the company’s stock after buying an additional 3,917 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Accel Entertainment were worth $152,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ACEL. SG Americas Securities LLC bought a new stake in shares of Accel Entertainment during the 4th quarter worth about $141,000. Vanguard Group Inc. boosted its position in Accel Entertainment by 7.3% during the third quarter. Vanguard Group Inc. now owns 3,101,745 shares of the company’s stock worth $33,964,000 after purchasing an additional 210,862 shares during the period. Trexquant Investment LP grew its holdings in Accel Entertainment by 125.3% during the third quarter. Trexquant Investment LP now owns 56,724 shares of the company’s stock valued at $621,000 after purchasing an additional 31,546 shares during the last quarter. PEAK6 Investments LLC raised its position in shares of Accel Entertainment by 9.6% in the third quarter. PEAK6 Investments LLC now owns 34,979 shares of the company’s stock valued at $383,000 after purchasing an additional 3,073 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Accel Entertainment by 25.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 111,349 shares of the company’s stock worth $1,219,000 after buying an additional 22,354 shares during the last quarter. 55.39% of the stock is currently owned by institutional investors.

Insider Transactions at Accel Entertainment

In other Accel Entertainment news, insider Derek Harmer sold 10,000 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $11.21, for a total value of $112,100.00. Following the completion of the sale, the insider now directly owns 187,553 shares of the company’s stock, valued at approximately $2,102,469.13. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director David W. Ruttenberg sold 20,000 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $10.28, for a total value of $205,600.00. Following the completion of the transaction, the director now directly owns 466,545 shares in the company, valued at $4,796,082.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $112,100.00. Following the sale, 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. Over the last quarter, insiders have sold 135,999 shares of company stock worth $1,520,439. Insiders own 17.90% of the company’s stock.

Accel Entertainment Stock Performance

NYSE:ACEL opened at $11.61 on Thursday. The firm has a market capitalization of $972.92 million, a PE ratio of 21.91 and a beta of 1.42. The company has a current ratio of 2.85, a quick ratio of 2.78 and a debt-to-equity ratio of 2.59. Accel Entertainment, Inc. has a 1 year low of $8.84 and a 1 year high of $12.05. The firm’s fifty day simple moving average is $11.45 and its 200 day simple moving average is $10.65.

Accel Entertainment (NYSE:ACEL) last released 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, sell-side analysts anticipate that Accel Entertainment, Inc. will post 0.75 EPS for the current 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.