JPMorgan Chase & Co. raised its position in shares of Isle of Capri Casinos (NASDAQ:ISLE) by 6.0% during the first quarter, Holdings Channel reports. The fund owned 769,314 shares of the company’s stock after buying an additional 43,473 shares during the period. JPMorgan Chase & Co. owned about 1.86% of Isle of Capri Casinos worth $20,279,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the stock. OMERS ADMINISTRATION Corp increased its stake in Isle of Capri Casinos by 14.8% in the first quarter. OMERS ADMINISTRATION Corp now owns 316,466 shares of the company’s stock worth $8,342,000 after buying an additional 40,866 shares during the last quarter. 1st Global Advisors Inc. increased its stake in Isle of Capri Casinos by 2.1% in the first quarter. 1st Global Advisors Inc. now owns 16,637 shares of the company’s stock worth $439,000 after buying an additional 349 shares during the last quarter. Alambic Investment Management L.P. increased its stake in Isle of Capri Casinos by 5.6% in the first quarter. Alambic Investment Management L.P. now owns 29,305 shares of the company’s stock worth $772,000 after buying an additional 1,557 shares during the last quarter. Oxford Asset Management acquired a new stake in Isle of Capri Casinos during the first quarter worth about $12,012,000. Finally, Parametric Portfolio Associates LLC increased its stake in Isle of Capri Casinos by 6.2% in the first quarter. Parametric Portfolio Associates LLC now owns 81,928 shares of the company’s stock worth $2,160,000 after buying an additional 4,814 shares during the last quarter. 53.94% of the stock is currently owned by institutional investors.
Shares of Isle of Capri Casinos (NASDAQ ISLE) opened at 22.98 on Friday. The company’s 50-day moving average is $25.88 and its 200-day moving average is $24.05. Isle of Capri Casinos has a 1-year low of $14.30 and a 1-year high of $27.04.
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Separately, Zacks Investment Research raised shares of Isle of Capri Casinos from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Wednesday, May 3rd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Isle of Capri Casinos currently has an average rating of “Hold” and an average price target of $22.33.
In other Isle of Capri Casinos news, insider Donn R. Mitchell II sold 106,935 shares of the firm’s stock in a transaction on Tuesday, March 28th. The stock was sold at an average price of $25.79, for a total value of $2,757,853.65. Following the transaction, the insider now owns 159,425 shares in the company, valued at approximately $4,111,570.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lee S. Wielansky sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 22nd. The shares were sold at an average price of $25.26, for a total value of $505,200.00. Following the completion of the transaction, the director now owns 28,631 shares in the company, valued at approximately $723,219.06. The disclosure for this sale can be found here. Insiders sold a total of 231,975 shares of company stock worth $5,982,463 in the last 90 days. 38.20% of the stock is currently owned by insiders.
Isle of Capri Casinos Company Profile
Isle of Capri Casinos, Inc is a developer, owner and operator of branded gaming facilities and related dining, lodging and entertainment facilities in regional markets in the United States. The Company owns or operates over 10 gaming and entertainment facilities in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.
Want to see what other hedge funds are holding ISLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Isle of Capri Casinos (NASDAQ:ISLE).
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