Full House Resorts, Inc. (NASDAQ:FLL) Holdings Increased by Beach Point Capital Management LP

Beach Point Capital Management LP increased its stake in Full House Resorts, Inc. (NASDAQ:FLL) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 686,714 shares of the company’s stock after acquiring an additional 86,578 shares during the period. Full House Resorts makes up approximately 1.9% of Beach Point Capital Management LP’s investment portfolio, making the stock its 11th biggest position. Beach Point Capital Management LP owned approximately 1.99% of Full House Resorts worth $4,601,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FLL. Barclays PLC raised its holdings in shares of Full House Resorts by 418.0% in the 4th quarter. Barclays PLC now owns 8,827 shares of the company’s stock worth $66,000 after purchasing an additional 7,123 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Full House Resorts during the 3rd quarter valued at $55,000. Citigroup Inc. acquired a new position in shares of Full House Resorts in the 2nd quarter worth $66,000. UBS Group AG raised its position in shares of Full House Resorts by 2,436.5% during the fourth quarter. UBS Group AG now owns 10,273 shares of the company’s stock worth $77,000 after purchasing an additional 9,868 shares during the period. Finally, Walleye Capital LLC purchased a new stake in shares of Full House Resorts during the second quarter valued at $68,000. Institutional investors and hedge funds own 42.40% of the company’s stock.

Full House Resorts Stock Down 3.2 %

Full House Resorts stock traded down $0.16 during mid-day trading on Friday, hitting $4.86. The company’s stock had a trading volume of 229,992 shares, compared to its average volume of 130,140. Full House Resorts, Inc. has a 52-week low of $3.40 and a 52-week high of $10.13. The company has a market cap of $168.11 million, a PE ratio of -8.68 and a beta of 1.84. The company has a debt-to-equity ratio of 5.22, a current ratio of 1.76 and a quick ratio of 1.73. The firm’s 50 day moving average is $4.34 and its 200 day moving average is $5.58.

Analyst Upgrades and Downgrades

A number of analysts have commented on FLL shares. StockNews.com raised shares of Full House Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. JMP Securities decreased their price objective on shares of Full House Resorts from $9.00 to $7.00 and set a “market outperform” rating for the company in a research note on Thursday, November 9th.

Insider Activity

In related news, Director Eric J. Green bought 8,000 shares of the business’s stock in a transaction on Thursday, September 7th. The stock was bought at an average price of $4.58 per share, for a total transaction of $36,640.00. Following the transaction, the director now directly owns 146,872 shares in the company, valued at $672,673.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CFO Lewis A. Fanger purchased 10,000 shares of Full House Resorts stock in a transaction dated Wednesday, September 6th. The stock was acquired at an average cost of $4.59 per share, for a total transaction of $45,900.00. Following the acquisition, the chief financial officer now directly owns 201,533 shares in the company, valued at $925,036.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eric J. Green purchased 8,000 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was purchased at an average cost of $4.58 per share, with a total value of $36,640.00. Following the purchase, the director now owns 146,872 shares in the company, valued at approximately $672,673.76. The disclosure for this purchase can be found here. Insiders have acquired 33,500 shares of company stock worth $157,535 in the last 90 days. Company insiders own 12.00% of the company’s stock.

Full House Resorts Profile

Full House Resorts, Inc owns, develops, invests in, operates, manages, and leases casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi; Bronco Billy's Casino and Hotel in Cripple Creek, Colorado; Rising Star Casino Resort in Rising Sun, Indiana; Stockman's Casino in Fallon, Nevada; Grand Lodge Casino in Incline Village, Nevada; and American Place / The Temporary in Waukegan, Illinois.