White Pine Capital LLC Sells 33,665 Shares of Full House Resorts, Inc. (NASDAQ:FLL)

White Pine Capital LLC reduced its stake in Full House Resorts, Inc. (NASDAQ:FLL) by 13.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 220,604 shares of the company’s stock after selling 33,665 shares during the quarter. White Pine Capital LLC’s holdings in Full House Resorts were worth $1,185,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC bought a new stake in Full House Resorts during the fourth quarter worth $78,000. Gabelli Funds LLC lifted its stake in Full House Resorts by 1.0% during the third quarter. Gabelli Funds LLC now owns 596,000 shares of the company’s stock worth $2,545,000 after purchasing an additional 6,000 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in Full House Resorts by 15.1% during the third quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock worth $2,322,000 after purchasing an additional 71,400 shares during the last quarter. Finally, Beach Point Capital Management LP lifted its stake in Full House Resorts by 4.0% during the third quarter. Beach Point Capital Management LP now owns 714,213 shares of the company’s stock worth $3,050,000 after purchasing an additional 27,499 shares during the last quarter. 37.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FLL. JMP Securities cut their target price on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 6th. Macquarie cut Full House Resorts from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $8.00 to $6.00 in a research note on Wednesday, January 17th. Finally, B. Riley began coverage on Full House Resorts in a research note on Friday. They set a “buy” rating and a $9.00 target price for the company.

Full House Resorts Price Performance

Shares of FLL traded up $0.18 during trading hours on Friday, reaching $5.38. The stock had a trading volume of 61,369 shares, compared to its average volume of 53,167. Full House Resorts, Inc. has a 12 month low of $3.40 and a 12 month high of $8.10. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 6.01. The company’s 50-day moving average is $5.11 and its two-hundred day moving average is $4.92.

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

About Full House Resorts

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.