Barclays PLC raised its holdings in shares of Bally's Co. (NYSE:BALY - Free Report) by 63.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,419 shares of the company's stock after acquiring an additional 14,567 shares during the period. Barclays PLC owned approximately 0.09% of Bally's worth $645,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in BALY. Longfellow Investment Management Co. LLC acquired a new position in shares of Bally's during the third quarter valued at approximately $38,000. Point72 DIFC Ltd bought a new position in Bally's during the 3rd quarter valued at $48,000. SG Americas Securities LLC acquired a new position in shares of Bally's during the 3rd quarter valued at $153,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Bally's during the 2nd quarter valued at $217,000. Finally, Quest Partners LLC raised its stake in shares of Bally's by 78.9% in the 3rd quarter. Quest Partners LLC now owns 19,517 shares of the company's stock worth $337,000 after buying an additional 8,608 shares in the last quarter. Institutional investors and hedge funds own 70.41% of the company's stock.
Bally's Price Performance
BALY stock traded down $0.02 during trading hours on Friday, hitting $18.11. 226,666 shares of the stock traded hands, compared to its average volume of 394,124. The stock has a 50-day simple moving average of $17.83 and a 200 day simple moving average of $16.91. The company has a market cap of $736.28 million, a P/E ratio of -1.20 and a beta of 2.04. Bally's Co. has a one year low of $9.74 and a one year high of $18.15. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 15.62.
Bally's Profile
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Free Report)
Bally's Corporation operates as a casino-entertainment company. It owns and manages casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, an online gaming operator; Bally Bet, a sports betting platform; and Bally Casino, an iCasino platform.
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