Citigroup Inc. grew its holdings in Bally's Co. (NYSE:BALY - Free Report) by 8.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,400 shares of the company's stock after purchasing an additional 35,901 shares during the period. Citigroup Inc. owned about 1.09% of Bally's worth $7,631,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Bally's by 2.7% in the first quarter. Vanguard Group Inc. now owns 1,715,327 shares of the company's stock valued at $23,912,000 after purchasing an additional 44,460 shares during the period. Renaissance Technologies LLC bought a new stake in Bally's during the 2nd quarter valued at $560,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Bally's during the 2nd quarter worth $843,000. Wolverine Asset Management LLC increased its stake in shares of Bally's by 39.8% during the third quarter. Wolverine Asset Management LLC now owns 132,988 shares of the company's stock valued at $2,294,000 after buying an additional 37,876 shares during the period. Finally, Alpine Associates Management Inc. purchased a new position in shares of Bally's during the third quarter valued at $26,665,000. 70.41% of the stock is currently owned by institutional investors.
Bally's Stock Down 0.2 %
BALY stock traded down $0.03 during trading on Friday, hitting $17.73. 162,873 shares of the company's stock traded hands, compared to its average volume of 468,485. The business has a fifty day simple moving average of $17.54 and a two-hundred day simple moving average of $15.58. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 15.62. The firm has a market capitalization of $721.03 million, a P/E ratio of -1.18 and a beta of 2.07. Bally's Co. has a 1 year low of $9.74 and a 1 year high of $18.00.
Bally's Company Profile
(
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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