Brown Advisory Inc. boosted its stake in Century Casinos, Inc. (NASDAQ:CNTY) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 810,391 shares of the company’s stock after purchasing an additional 68,896 shares during the period. Brown Advisory Inc. owned about 2.75% of Century Casinos worth $5,989,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Algert Global LLC bought a new position in Century Casinos in the 4th quarter valued at approximately $99,000. Citadel Advisors LLC acquired a new position in Century Casinos in the 3rd quarter valued at approximately $106,000. BW Gestao de Investimentos Ltda. increased its position in Century Casinos by 25.2% in the 3rd quarter. BW Gestao de Investimentos Ltda. now owns 16,835 shares of the company’s stock valued at $126,000 after acquiring an additional 3,391 shares during the period. Rhumbline Advisers increased its position in Century Casinos by 45.2% in the 4th quarter. Rhumbline Advisers now owns 37,713 shares of the company’s stock valued at $279,000 after acquiring an additional 11,747 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Century Casinos in the 3rd quarter valued at approximately $310,000. 77.92% of the stock is owned by institutional investors and hedge funds.
In other news, CEO Peter Hoetzinger acquired 5,497 shares of the firm’s stock in a transaction dated Thursday, December 20th. The stock was bought at an average cost of $6.80 per share, for a total transaction of $37,379.60. Following the completion of the transaction, the chief executive officer now directly owns 5,497 shares in the company, valued at approximately $37,379.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 12.70% of the company’s stock.
CNTY opened at $8.80 on Friday. Century Casinos, Inc. has a twelve month low of $5.77 and a twelve month high of $9.15. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The firm has a market cap of $254.66 million, a PE ratio of 80.00, a PEG ratio of 0.95 and a beta of 0.68.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Monday, March 11th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.02). Century Casinos had a return on equity of 1.91% and a net margin of 2.01%. The firm had revenue of $45.11 million for the quarter, compared to analyst estimates of $42.85 million. As a group, research analysts anticipate that Century Casinos, Inc. will post 0.36 earnings per share for the current fiscal year.
CNTY has been the subject of several recent research reports. BidaskClub cut shares of Century Casinos from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Zacks Investment Research upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a research report on Tuesday, January 8th. Finally, ValuEngine cut shares of Century Casinos from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Century Casinos has an average rating of “Buy” and a consensus target price of $13.00.
Century Casinos Company Profile
Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.
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