Monarch Partners Asset Management LLC grew its stake in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 37.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,388 shares of the company’s stock after buying an additional 24,848 shares during the quarter. Monarch Partners Asset Management LLC owned 0.31% of Century Casinos worth $682,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp raised its position in Century Casinos by 88.7% in the 1st quarter. Stifel Financial Corp now owns 24,876 shares of the company’s stock worth $187,000 after purchasing an additional 11,690 shares during the period. JPMorgan Chase & Co. raised its position in Century Casinos by 80.8% in the 1st quarter. JPMorgan Chase & Co. now owns 35,147 shares of the company’s stock worth $262,000 after purchasing an additional 15,709 shares during the period. Schwab Charles Investment Management Inc. raised its position in Century Casinos by 16.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 81,348 shares of the company’s stock worth $607,000 after purchasing an additional 11,500 shares during the period. North Star Investment Management Corp. purchased a new position in Century Casinos in the 2nd quarter worth $956,000. Finally, Skylands Capital LLC raised its position in Century Casinos by 16.2% in the 2nd quarter. Skylands Capital LLC now owns 180,500 shares of the company’s stock worth $1,579,000 after purchasing an additional 25,100 shares during the period. Hedge funds and other institutional investors own 79.93% of the company’s stock.
NASDAQ:CNTY opened at $6.28 on Wednesday. Century Casinos, Inc. has a one year low of $5.77 and a one year high of $9.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.70. The stock has a market cap of $189.62 million, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.42.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.04). Century Casinos had a return on equity of 5.01% and a net margin of 2.20%. The business had revenue of $39.65 million for the quarter, compared to the consensus estimate of $38.55 million. Research analysts anticipate that Century Casinos, Inc. will post 0.17 EPS for the current fiscal year.
CNTY has been the topic of a number of research reports. Stifel Nicolaus lifted their target price on shares of Century Casinos from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Monday, July 16th. TheStreet lowered shares of Century Casinos from a “b” rating to a “c” rating in a research note on Friday, August 31st. Zacks Investment Research raised shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Tuesday, July 17th. ValuEngine lowered shares of Century Casinos from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. Finally, BidaskClub lowered shares of Century Casinos from a “hold” rating to a “sell” rating in a research note on Thursday, July 12th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $11.00.
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Century Casinos Company Profile
Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.
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