Royce & Associates LP Purchases 79,086 Shares of Century Casinos, Inc. (NASDAQ:CNTY)

Royce & Associates LP boosted its position in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,975,121 shares of the company’s stock after buying an additional 79,086 shares during the period. Royce & Associates LP owned approximately 0.10% of Century Casinos worth $9,639,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Century Casinos in the fourth quarter valued at approximately $74,000. Empowered Funds LLC increased its stake in shares of Century Casinos by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 75,727 shares of the company’s stock valued at $194,000 after purchasing an additional 3,752 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Century Casinos by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 283,618 shares of the company’s stock worth $726,000 after buying an additional 5,220 shares in the last quarter. RBF Capital LLC lifted its position in shares of Century Casinos by 23.1% during the 3rd quarter. RBF Capital LLC now owns 369,349 shares of the company’s stock worth $946,000 after buying an additional 69,349 shares during the last quarter. Finally, Rice Hall James & Associates LLC boosted its stake in Century Casinos by 5.9% in the fourth quarter. Rice Hall James & Associates LLC now owns 1,620,617 shares of the company’s stock valued at $5,251,000 after buying an additional 90,556 shares in the last quarter. 66.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CNTY has been the subject of several research analyst reports. Craig Hallum initiated coverage on Century Casinos in a research note on Tuesday, November 26th. They set a “buy” rating and a $8.00 target price for the company. Macquarie dropped their price objective on shares of Century Casinos from $6.00 to $5.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. JMP Securities reaffirmed a “market outperform” rating and set a $5.00 target price on shares of Century Casinos in a research note on Monday, January 27th. Stifel Nicolaus lowered their price target on shares of Century Casinos from $5.00 to $4.00 and set a “buy” rating for the company in a report on Friday, March 14th. Finally, StockNews.com downgraded Century Casinos from a “hold” rating to a “sell” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5.50.

Century Casinos Trading Down 6.3 %

Shares of NASDAQ CNTY opened at $1.92 on Wednesday. The firm has a 50 day moving average price of $2.87 and a two-hundred day moving average price of $3.12. The stock has a market cap of $58.91 million, a P/E ratio of -0.79 and a beta of 2.71. Century Casinos, Inc. has a 52-week low of $1.64 and a 52-week high of $5.09. The company has a debt-to-equity ratio of 6.58, a quick ratio of 1.74 and a current ratio of 1.79.

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.