Rice Hall James & Associates LLC Raises Holdings in Century Casinos, Inc. (NASDAQ:CNTY)

Rice Hall James & Associates LLC increased its position in Century Casinos, Inc. (NASDAQ:CNTY - Free Report) by 27.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,530,061 shares of the company's stock after buying an additional 325,890 shares during the quarter. Rice Hall James & Associates LLC owned 4.99% of Century Casinos worth $3,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. GSA Capital Partners LLP boosted its position in shares of Century Casinos by 214.6% during the 1st quarter. GSA Capital Partners LLP now owns 147,084 shares of the company's stock worth $465,000 after purchasing an additional 100,333 shares in the last quarter. Empowered Funds LLC grew its stake in Century Casinos by 8.1% in the 1st quarter. Empowered Funds LLC now owns 66,935 shares of the company's stock valued at $212,000 after purchasing an additional 5,042 shares during the period. Vanguard Group Inc. increased its holdings in Century Casinos by 0.8% during the first quarter. Vanguard Group Inc. now owns 1,690,827 shares of the company's stock worth $5,343,000 after buying an additional 13,372 shares during the last quarter. Nokomis Capital L.L.C. raised its holdings in shares of Century Casinos by 9.3% in the 1st quarter. Nokomis Capital L.L.C. now owns 1,953,657 shares of the company's stock worth $6,174,000 after purchasing an additional 165,452 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of Century Casinos during the 1st quarter valued at $51,000. Institutional investors own 66.36% of the company's stock.

Wall Street Analyst Weigh In

Separately, Macquarie decreased their price target on Century Casinos from $5.00 to $4.00 and set an "outperform" rating on the stock in a research report on Friday, August 9th.

Century Casinos Trading Down 1.5 %

CNTY stock traded down $0.05 on Friday, reaching $3.31. The company's stock had a trading volume of 51,043 shares, compared to its average volume of 137,181. The company has a debt-to-equity ratio of 6.22, a quick ratio of 1.91 and a current ratio of 1.96. Century Casinos, Inc. has a 12-month low of $1.94 and a 12-month high of $5.05. The firm has a market cap of $101.56 million, a PE ratio of -1.30 and a beta of 2.60. The business has a fifty day simple moving average of $2.60 and a two-hundred day simple moving average of $2.65.

Century Casinos (NASDAQ:CNTY - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.96). The firm had revenue of $146.44 million for the quarter, compared to analysts' expectations of $154.60 million. Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. During the same period last year, the company posted ($0.06) earnings per share. As a group, research analysts forecast that Century Casinos, Inc. will post -2.33 EPS for the current year.

About Century Casinos

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.