FNY Investment Advisers LLC grew its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) by 194.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 368,177 shares of the company's stock after purchasing an additional 243,330 shares during the quarter. Codere Online Luxembourg comprises about 1.2% of FNY Investment Advisers LLC's portfolio, making the stock its 20th biggest position. FNY Investment Advisers LLC owned approximately 0.81% of Codere Online Luxembourg worth $2,374,000 at the end of the most recent quarter.
Separately, Renaissance Technologies LLC grew its stake in Codere Online Luxembourg by 98.5% during the second quarter. Renaissance Technologies LLC now owns 79,801 shares of the company's stock worth $650,000 after purchasing an additional 39,601 shares during the period. Hedge funds and other institutional investors own 10.30% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus restated a "buy" rating and set a $10.00 price target on shares of Codere Online Luxembourg in a report on Monday, December 30th.
View Our Latest Research Report on Codere Online Luxembourg
Codere Online Luxembourg Stock Performance
CDRO remained flat at $6.11 during midday trading on Tuesday. 25,635 shares of the company's stock traded hands, compared to its average volume of 32,354. The stock's 50 day simple moving average is $7.23 and its 200 day simple moving average is $7.73. Codere Online Luxembourg, S.A. has a 12-month low of $3.21 and a 12-month high of $8.76.
Codere Online Luxembourg Profile
(
Free Report)
Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.
Read More
Before you consider Codere Online Luxembourg, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Codere Online Luxembourg wasn't on the list.
While Codere Online Luxembourg currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.