White Pine Capital LLC Decreases Stock Position in Full House Resorts, Inc. $FLL

White Pine Capital LLC trimmed its stake in shares of Full House Resorts, Inc. (NASDAQ:FLL) by 17.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 185,106 shares of the company’s stock after selling 40,288 shares during the period. White Pine Capital LLC’s holdings in Full House Resorts were worth $677,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its stake in shares of Full House Resorts by 6.0% in the 1st quarter. Bank of New York Mellon Corp now owns 74,322 shares of the company’s stock valued at $311,000 after buying an additional 4,187 shares during the period. One Wealth Advisors LLC increased its stake 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 buying an additional 323,931 shares during the period. Private Management Group Inc. raised 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 in the last quarter. XTX Topco Ltd lifted its stake in Full House Resorts by 133.4% in the first quarter. XTX Topco Ltd now owns 28,177 shares of the company’s stock worth $118,000 after acquiring an additional 16,106 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its stake in Full House Resorts by 74.4% in the first quarter. Jefferies Financial Group Inc. now owns 185,428 shares of the company’s stock worth $775,000 after acquiring an additional 79,123 shares during the last quarter. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Macquarie reissued a “neutral” rating and issued a $4.00 price objective on shares of Full House Resorts in a research report on Friday, August 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Full House Resorts in a research note on Wednesday, October 8th. Finally, Citizens Jmp cut their price target on Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a research note on Friday, November 7th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Full House Resorts has a consensus rating of “Hold” and an average price target of $4.50.

Full House Resorts Trading Up 2.5%

Shares of Full House Resorts stock opened at $2.42 on Friday. The company has a fifty day simple moving average of $2.83 and a 200-day simple moving average of $3.45. Full House Resorts, Inc. has a 12-month low of $2.25 and a 12-month high of $5.59. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 22.08. The stock has a market cap of $87.41 million, a price-to-earnings ratio of -2.10 and a beta of 1.61.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.01). 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 $77.95 million during the quarter, compared to analysts’ expectations of $76.40 million.

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.