First Trust Advisors LP bought a new stake in Eldorado Resorts Inc (NASDAQ:ERI) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 98,119 shares of the company’s stock, valued at approximately $3,253,000. First Trust Advisors LP owned about 0.13% of Eldorado Resorts as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. Gamco Investors INC. ET AL acquired a new stake in Eldorado Resorts in the 4th quarter valued at approximately $206,000. Quantitative Systematic Strategies LLC acquired a new position in shares of Eldorado Resorts during the 4th quarter worth approximately $223,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Eldorado Resorts during the 3rd quarter worth approximately $231,000. SG Americas Securities LLC acquired a new position in shares of Eldorado Resorts during the 3rd quarter worth approximately $247,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Eldorado Resorts during the 4th quarter worth approximately $563,000. 84.38% of the stock is currently owned by institutional investors and hedge funds.
Eldorado Resorts Inc (NASDAQ:ERI) opened at $36.95 on Wednesday. Eldorado Resorts Inc has a 1 year low of $17.30 and a 1 year high of $38.45. The company has a current ratio of 1.15, a quick ratio of 1.07 and a debt-to-equity ratio of 2.32.
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Eldorado Resorts Company Profile
Eldorado Resorts, Inc is a gaming and hospitality company that owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company’s segments are Nevada, Louisiana, Eastern and Corporate. As of May 1, 2017, the Company owned and operated approximately 503,000 square feet of casino space with approximately 20,000 slot machines and video lottery terminals (VLTs), over 550 table and poker games, 45 restaurants and 6,500 hotel rooms.
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