Full House Resorts, Inc. (NASDAQ:FLL) Shares Acquired by Bank of America Corp DE

Bank of America Corp DE raised its position in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 38.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,495 shares of the company’s stock after acquiring an additional 10,723 shares during the quarter. Bank of America Corp DE owned approximately 0.11% of Full House Resorts worth $157,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Gamco Investors INC. ET AL grew its position in Full House Resorts by 0.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 617,625 shares of the company’s stock worth $2,520,000 after acquiring an additional 2,000 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Full House Resorts by 22.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,748 shares of the company’s stock worth $53,000 after buying an additional 2,340 shares during the period. Barclays PLC grew its stake in shares of Full House Resorts by 14.2% in the fourth quarter. Barclays PLC now owns 49,374 shares of the company’s stock valued at $201,000 after buying an additional 6,127 shares in the last quarter. Bfsg LLC grew its stake in shares of Full House Resorts by 156.7% in the fourth quarter. Bfsg LLC now owns 11,090 shares of the company’s stock valued at $45,000 after buying an additional 6,770 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Full House Resorts by 3.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 286,320 shares of the company’s stock valued at $1,168,000 after buying an additional 10,767 shares in the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Wall Street Analyst Weigh In

FLL has been the subject of a number of research reports. Wall Street Zen raised Full House Resorts from a “sell” rating to a “hold” rating in a research note on Wednesday, March 19th. Citigroup reaffirmed an “outperform” rating on shares of Full House Resorts in a research note on Friday, March 7th. UBS Group set a $5.00 target price on Full House Resorts in a report on Friday, March 7th. Finally, JMP Securities decreased their target price on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating for the company in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $5.67.

Insiders Place Their Bets

In other news, Director Eric J. Green purchased 25,000 shares of the business’s stock in a transaction on Tuesday, May 13th. The shares were bought at an average price of $3.40 per share, with a total value of $85,000.00. Following the completion of the transaction, the director now directly owns 203,523 shares in the company, valued at approximately $691,978.20. This represents a 14.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.40% of the stock is owned by company insiders.

Full House Resorts Stock Up 1.7%

Shares of NASDAQ FLL opened at $3.08 on Tuesday. The company has a market capitalization of $110.81 million, a price-to-earnings ratio of -2.61 and a beta of 1.60. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. The business has a 50-day moving average of $3.24 and a two-hundred day moving average of $4.08. Full House Resorts, Inc. has a 1 year low of $2.86 and a 1 year high of $5.90.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.02. The company had revenue of $65.36 million during the quarter, compared to the consensus estimate of $80.96 million. Full House Resorts had a negative return on equity of 66.86% and a negative net margin of 14.64%.

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.