Assenagon Asset Management S.A. bought a new stake in Century Casinos, Inc. (NASDAQ:CNTY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 237,732 shares of the company’s stock, valued at approximately $1,773,000. Assenagon Asset Management S.A. owned 0.81% of Century Casinos at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased 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 valued at $262,000 after acquiring an additional 15,709 shares during the period. Monarch Partners Asset Management LLC acquired a new position in shares of Century Casinos during the 2nd quarter valued at $582,000. North Star Investment Management Corp. acquired a new position in shares of Century Casinos during the 2nd quarter valued at $956,000. Skylands Capital LLC increased its position in shares of Century Casinos by 16.2% during the 2nd quarter. Skylands Capital LLC now owns 180,500 shares of the company’s stock valued at $1,579,000 after purchasing an additional 25,100 shares during the period. Finally, Northern Trust Corp increased its position in shares of Century Casinos by 10.4% during the 1st quarter. Northern Trust Corp now owns 266,171 shares of the company’s stock valued at $1,986,000 after purchasing an additional 25,010 shares during the period. Hedge funds and other institutional investors own 79.93% of the company’s stock.
Shares of CNTY stock opened at $6.95 on Friday. Century Casinos, Inc. has a 1 year low of $5.77 and a 1 year high of $9.85. The firm has a market cap of $184.63 million, a PE ratio of 15.44, a PEG ratio of 1.48 and a beta of 0.42. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.70.
CNTY has been the topic of several research analyst reports. ValuEngine cut Century Casinos from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Stifel Nicolaus lifted their price target on Century Casinos from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Monday, July 16th. BidaskClub cut Century Casinos from a “hold” rating to a “sell” rating in a research report on Thursday, July 12th. Zacks Investment Research cut Century Casinos from a “hold” rating to a “sell” rating in a research report on Tuesday, August 14th. Finally, TheStreet cut Century Casinos from a “b” rating to a “c” rating in a research report on Friday, August 31st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. Century Casinos currently has an average rating of “Hold” and an average price target of $11.00.
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Century Casinos 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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