Hsbc Holdings PLC Sells 6,341 Shares of Century Casinos, Inc. $CNTY

Hsbc Holdings PLC decreased its holdings in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 15.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,154 shares of the company’s stock after selling 6,341 shares during the quarter. Hsbc Holdings PLC owned about 0.11% of Century Casinos worth $60,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of CNTY. Raymond James Financial Inc. bought a new stake in Century Casinos during the 4th quarter valued at $74,000. Dimensional Fund Advisors LP grew its position in shares of Century Casinos by 13.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company’s stock valued at $501,000 after purchasing an additional 17,815 shares in the last quarter. Jane Street Group LLC grew its position in shares of Century Casinos by 120.4% during the 4th quarter. Jane Street Group LLC now owns 61,578 shares of the company’s stock valued at $200,000 after purchasing an additional 33,635 shares in the last quarter. Millennium Management LLC grew its position in shares of Century Casinos by 7.3% during the 4th quarter. Millennium Management LLC now owns 284,886 shares of the company’s stock valued at $923,000 after purchasing an additional 19,406 shares in the last quarter. Finally, AWM Investment Company Inc. grew its position in shares of Century Casinos by 2.6% during the 4th quarter. AWM Investment Company Inc. now owns 1,687,043 shares of the company’s stock valued at $5,466,000 after purchasing an additional 43,006 shares in the last quarter. Institutional investors own 66.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CNTY. JMP Securities set a $3.00 price target on shares of Century Casinos in a research report on Friday, July 18th. Citigroup restated a “market outperform” rating on shares of Century Casinos in a research report on Friday, July 18th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $5.00.

Century Casinos Stock Down 0.4%

Shares of NASDAQ:CNTY opened at $2.77 on Monday. Century Casinos, Inc. has a 52-week low of $1.30 and a 52-week high of $5.09. The firm has a fifty day moving average of $2.44 and a 200 day moving average of $2.11. The firm has a market capitalization of $83.16 million, a PE ratio of -0.81 and a beta of 2.02. The company has a debt-to-equity ratio of 20.62, a quick ratio of 1.37 and a current ratio of 1.42.

Century Casinos (NASDAQ:CNTY) last announced its earnings results on Thursday, August 7th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($0.03). Century Casinos had a negative return on equity of 72.39% and a negative net margin of 18.43%.The company had revenue of $150.82 million during the quarter, compared to analysts’ expectations of $148.70 million. As a group, research analysts anticipate that Century Casinos, Inc. will post -2.66 EPS for the current fiscal year.

About Century Casinos

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.