Charles Schwab Investment Management Inc. Has $399,000 Position in Full House Resorts, Inc. $FLL

Charles Schwab Investment Management Inc. lifted its holdings in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 7.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 95,366 shares of the company’s stock after purchasing an additional 7,013 shares during the period. Charles Schwab Investment Management Inc. owned 0.27% of Full House Resorts worth $399,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Private Management Group Inc. boosted its holdings in Full House Resorts by 1.0% in the first quarter. Private Management Group Inc. now owns 1,677,179 shares of the company’s stock valued at $7,011,000 after acquiring an additional 16,020 shares during the last quarter. One Wealth Advisors LLC raised its position in shares of Full House Resorts by 127.0% during the first quarter. One Wealth Advisors LLC now owns 578,962 shares of the company’s stock worth $2,420,000 after purchasing an additional 323,931 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Full House Resorts by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 286,320 shares of the company’s stock worth $1,168,000 after purchasing an additional 10,767 shares during the period. Northern Trust Corp raised its position in shares of Full House Resorts by 5.4% during the fourth quarter. Northern Trust Corp now owns 275,355 shares of the company’s stock worth $1,123,000 after purchasing an additional 14,093 shares during the period. Finally, Jefferies Financial Group Inc. raised its position in Full House Resorts by 74.4% in the 1st quarter. Jefferies Financial Group Inc. now owns 185,428 shares of the company’s stock valued at $775,000 after buying an additional 79,123 shares during the last quarter. Institutional investors own 37.68% of the company’s stock.

Full House Resorts Trading Down 0.8%

Shares of FLL stock opened at $3.55 on Thursday. The stock has a market cap of $128.19 million, a price-to-earnings ratio of -3.09 and a beta of 1.54. The stock has a 50-day moving average of $4.12 and a 200-day moving average of $3.85. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 22.08. Full House Resorts, Inc. has a 1-year low of $2.86 and a 1-year high of $5.59.

Full House Resorts (NASDAQ:FLL) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.09). Full House Resorts had a negative net margin of 13.75% and a negative return on equity of 118.79%. The company had revenue of $73.95 million during the quarter, compared to analyst estimates of $80.47 million.

Insider Buying and Selling

In other Full House Resorts news, Director Eric J. Green bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $3.54 per share, with a total value of $35,400.00. Following the completion of the purchase, the director directly owned 233,959 shares of the company’s stock, valued at approximately $828,214.86. This trade represents a 4.47% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 9.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FLL. JMP Securities lifted their target price on Full House Resorts from $4.00 to $5.00 and gave the company a “market outperform” rating in a research report on Friday, July 18th. Macquarie reiterated a “neutral” rating and set a $4.00 target price on shares of Full House Resorts in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Full House Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $5.50.

Full House Resorts Company 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.