Barclays PLC Has $2.61 Million Stock Position in Accel Entertainment, Inc. (NYSE:ACEL)

Barclays PLC lifted its holdings in shares of Accel Entertainment, Inc. (NYSE:ACEL - Free Report) by 34.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 224,241 shares of the company's stock after buying an additional 57,666 shares during the period. Barclays PLC owned about 0.27% of Accel Entertainment worth $2,606,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ACEL. Greenvale Capital LLP increased its stake in shares of Accel Entertainment by 7.3% during the 2nd quarter. Greenvale Capital LLP now owns 5,848,302 shares of the company's stock worth $60,004,000 after purchasing an additional 398,302 shares during the last quarter. Arkadios Wealth Advisors bought a new position in Accel Entertainment during the third quarter worth about $1,953,000. LSV Asset Management acquired a new position in Accel Entertainment during the second quarter worth approximately $405,000. American Century Companies Inc. raised its stake in Accel Entertainment by 1.1% in the second quarter. American Century Companies Inc. now owns 3,331,237 shares of the company's stock valued at $34,178,000 after buying an additional 36,316 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Accel Entertainment by 20.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 185,994 shares of the company's stock valued at $2,161,000 after buying an additional 31,502 shares during the last quarter. Institutional investors own 55.39% of the company's stock.

Insiders Place Their Bets

In other Accel Entertainment news, Director David W. Ruttenberg sold 70,000 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $11.73, for a total transaction of $821,100.00. Following the transaction, the director now owns 277,455 shares in the company, valued at $3,254,547.15. This trade represents a 20.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark T. Phelan sold 9,577 shares of the business's stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $11.65, for a total transaction of $111,572.05. Following the completion of the sale, the insider now directly owns 189,788 shares of the company's stock, valued at approximately $2,211,030.20. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 164,577 shares of company stock valued at $1,915,672 over the last ninety days. 17.90% of the stock is currently owned by company insiders.

Accel Entertainment Stock Performance

Shares of NYSE ACEL traded up $0.20 during midday trading on Wednesday, hitting $10.71. 111,297 shares of the company's stock were exchanged, compared to its average volume of 248,191. The company has a quick ratio of 2.63, a current ratio of 2.71 and a debt-to-equity ratio of 2.54. The firm has a market capitalization of $881.89 million, a PE ratio of 21.00 and a beta of 1.47. Accel Entertainment, Inc. has a 12 month low of $9.37 and a 12 month high of $12.96. The company's 50 day moving average price is $11.46 and its 200 day moving average price is $11.12.

Accel Entertainment Company Profile

Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.