Canterbury Park Holding Corp (NASDAQ:CPHC) Director Dale H. Schenian purchased 3,400 shares of Canterbury Park stock in a transaction dated Thursday, June 20th. The stock was bought at an average price of $12.96 per share, for a total transaction of $44,064.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
NASDAQ:CPHC opened at $13.29 on Thursday. The business has a fifty day moving average of $13.23. The company has a market cap of $56.88 million, a price-to-earnings ratio of 19.38 and a beta of 0.67. Canterbury Park Holding Corp has a 12-month low of $12.00 and a 12-month high of $17.00.
Canterbury Park (NASDAQ:CPHC) last posted its earnings results on Tuesday, May 14th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $11.59 million for the quarter. Canterbury Park had a return on equity of 6.45% and a net margin of 8.18%.
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $0.28 annualized dividend and a yield of 2.11%.
Hedge funds have recently bought and sold shares of the business. Punch & Associates Investment Management Inc. lifted its holdings in Canterbury Park by 11.1% during the first quarter. Punch & Associates Investment Management Inc. now owns 20,000 shares of the company’s stock worth $290,000 after acquiring an additional 2,000 shares in the last quarter. Bremer Bank National Association bought a new position in Canterbury Park during the first quarter worth about $726,000. Finally, Teton Advisors Inc. lifted its holdings in Canterbury Park by 0.5% during the first quarter. Teton Advisors Inc. now owns 164,870 shares of the company’s stock worth $2,394,000 after acquiring an additional 770 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.
Canterbury Park Company Profile
Canterbury Park Holding Corporation hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury park racetrack and card casino facility in Shakopee, Minnesota. The company operates through four segments: Horse Racing, Card Casino, Food and Beverage, and Development. The Horse Racing segment operates year-round simulcasting of horse races and wagering on live thoroughbred; and quarter horse races on a seasonal basis.
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