According to Zacks, “Twin River Worldwide Holdings Inc. owns and manages casinos, primarily in Rhode Island, Mississippi and Delaware, as well as a Colorado horse race track which possesses licenses. The company’s properties include Twin River Casino Hotel, Tiverton Casino Hotel, Hard Rock Hotel & Casino, Dover Downs Hotel Casino and Arapahoe Park. Twin River Worldwide Holdings Inc. is based in RI, United States. “
A number of other research firms have also recently issued reports on TRWH. SunTrust Banks cut shares of Wageworks from a buy rating to a hold rating in a research note on Friday, June 28th. Union Gaming Research began coverage on shares of Twin River Worldwide in a research note on Thursday, June 20th. They set a buy rating and a $38.00 target price for the company. Finally, Stifel Nicolaus cut shares of Owens Corning from a buy rating to a hold rating and set a $52.45 target price for the company. in a research note on Wednesday, April 24th.
Twin River Worldwide (NYSE:TRWH) last posted its earnings results on Tuesday, May 14th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.06. The company had revenue of $120.63 million for the quarter, compared to analyst estimates of $119.10 million. As a group, equities research analysts expect that Twin River Worldwide will post 1.85 earnings per share for the current year.
The business also recently announced a special dividend, which will be paid on Tuesday, July 23rd. Stockholders of record on Tuesday, July 9th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, July 8th.
In other news, major shareholder Chatham Asset Management, Llc sold 529,542 shares of the firm’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $27.95, for a total transaction of $14,800,698.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 1,830,782 shares of company stock valued at $53,883,657. 35.00% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Gabelli Funds LLC acquired a new stake in Twin River Worldwide in the 1st quarter worth about $336,000. Gamco Investors INC. ET AL acquired a new stake in Twin River Worldwide in the 1st quarter worth about $500,000. Teton Advisors Inc. acquired a new stake in Twin River Worldwide in the 1st quarter worth about $1,779,000. Kennedy Capital Management Inc. acquired a new stake in Twin River Worldwide in the 1st quarter worth about $3,815,000. Finally, Apollo Management Holdings L.P. acquired a new stake in Twin River Worldwide in the 1st quarter worth about $55,687,000. Institutional investors own 62.73% of the company’s stock.
About Twin River Worldwide
There is no company description available for Twin River Worldwide Holdings Inc
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