Anthracite Investment Company Inc. Invests $605,000 in Full House Resorts, Inc. (NASDAQ:FLL)

Anthracite Investment Company Inc. purchased a new stake in Full House Resorts, Inc. (NASDAQ:FLL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 148,360 shares of the company's stock, valued at approximately $605,000. Anthracite Investment Company Inc. owned approximately 0.42% of Full House Resorts at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. R Squared Ltd acquired a new position in Full House Resorts in the 4th quarter valued at about $26,000. Bfsg LLC raised its position in shares of Full House Resorts by 156.7% in the fourth quarter. Bfsg LLC now owns 11,090 shares of the company's stock valued at $45,000 after buying an additional 6,770 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Full House Resorts by 23.7% during the fourth quarter. SG Americas Securities LLC now owns 13,372 shares of the company's stock valued at $55,000 after buying an additional 2,558 shares during the period. Intech Investment Management LLC purchased a new stake in Full House Resorts in the 4th quarter worth approximately $63,000. Finally, Barclays PLC grew its stake in Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company's stock worth $217,000 after acquiring an additional 31,512 shares during the period. Hedge funds and other institutional investors own 37.68% of the company's stock.

Full House Resorts Trading Down 1.9 %

FLL stock traded down $0.08 during midday trading on Friday, reaching $4.15. 50,624 shares of the company's stock traded hands, compared to its average volume of 124,882. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. Full House Resorts, Inc. has a fifty-two week low of $3.77 and a fifty-two week high of $5.90. The business has a 50-day moving average price of $4.76 and a two-hundred day moving average price of $4.75. The company has a market capitalization of $148.89 million, a P/E ratio of -3.52 and a beta of 1.98.

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Full House Resorts (NASDAQ:FLL - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.12). Full House Resorts had a negative net margin of 14.64% and a negative return on equity of 66.86%. The business had revenue of $72.96 million for the quarter, compared to analyst estimates of $73.05 million.

Insider Transactions at Full House Resorts

In other Full House Resorts news, CFO Lewis A. Fanger sold 7,597 shares of the firm's stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $5.00, for a total transaction of $37,985.00. Following the completion of the sale, the chief financial officer now owns 254,658 shares in the company, valued at $1,273,290. This trade represents a 2.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 113,805 shares of company stock valued at $529,138 over the last quarter. Company insiders own 12.70% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on FLL shares. Citigroup restated an "outperform" rating on shares of Full House Resorts in a report on Friday, March 7th. JMP Securities reiterated a "market outperform" rating and set a $6.00 target price on shares of Full House Resorts in a research report on Monday, January 27th. UBS Group set a $5.00 price target on Full House Resorts in a report on Friday, March 7th. Finally, StockNews.com upgraded shares of Full House Resorts from a "sell" rating to a "hold" rating in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $6.33.

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.