Full House Resorts, Inc. (NASDAQ:FLL) Shares Sold by White Pine Capital LLC

White Pine Capital LLC decreased its position in Full House Resorts, Inc. (NASDAQ:FLL) by 13.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 220,604 shares of the company’s stock after selling 33,665 shares during the quarter. White Pine Capital LLC owned 0.64% of Full House Resorts worth $1,185,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FLL. SG Americas Securities LLC acquired a new position in Full House Resorts during the 4th quarter valued at approximately $78,000. Gamco Investors INC. ET AL boosted its position in Full House Resorts by 15.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock valued at $2,322,000 after purchasing an additional 71,400 shares during the period. Gabelli Funds LLC boosted its position in Full House Resorts by 1.0% during the 3rd quarter. Gabelli Funds LLC now owns 596,000 shares of the company’s stock valued at $2,545,000 after purchasing an additional 6,000 shares during the period. Finally, Beach Point Capital Management LP boosted its position in Full House Resorts by 4.0% during the 3rd quarter. Beach Point Capital Management LP now owns 714,213 shares of the company’s stock valued at $3,050,000 after purchasing an additional 27,499 shares during the period. Institutional investors and hedge funds own 37.68% of the company’s stock.

Full House Resorts Stock Up 3.5 %

FLL stock traded up $0.18 during trading on Friday, reaching $5.38. 61,369 shares of the company’s stock were exchanged, compared to its average volume of 53,167. The company has a current ratio of 1.08, a quick ratio of 1.05 and a debt-to-equity ratio of 6.01. Full House Resorts, Inc. has a 1-year low of $3.40 and a 1-year high of $8.10. The company’s fifty day moving average price is $5.11 and its 200-day moving average price is $4.92.

Full House Resorts (NASDAQ:FLL) last announced its quarterly earnings results on Tuesday, March 5th. The company reported ($0.36) earnings per share (EPS) for the quarter. Full House Resorts had a negative return on equity of 29.22% and a negative net margin of 10.33%. The business had revenue of $60.03 million for the quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FLL shares. Macquarie lowered Full House Resorts from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $8.00 to $6.00 in a research report on Wednesday, January 17th. B. Riley initiated coverage on Full House Resorts in a research report on Friday. They set a “buy” rating and a $9.00 price objective for the company. Finally, JMP Securities reduced their price target on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Wednesday, March 6th.

Full House Resorts Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.