1 week Ago By Defense World Staff
Corebridge Financial Inc. reduced its stake in Golden Entertainment, Inc. (NASDAQ:GDEN – Free Report) by 9.
3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 10,543 shares of the company’s stock after selling 1,086 shares during the quarter. Corebridge Financial Inc.
’s holdings in Golden Entertainment were worth $333,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also modified their holdings of GDEN. Vanguard Group Inc.
grew its stake in Golden Entertainment by 4.0% in the 4th quarter. Vanguard Group Inc.
now owns 1,490,019 shares of the company’s stock valued at $47,085,000 after buying an additional 57,285 shares during the last quarter. DAVENPORT & Co LLC increased its stake in shares of Golden Entertainment by 26.6% in the fourth quarter.
DAVENPORT & Co LLC now owns 1,293,163 shares of the company’s stock worth $40,864,000 after purchasing an additional 271,782 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Golden Entertainment by 4.3% in the fourth quarter.
Sequoia Financial Advisors LLC now owns 673,667 shares of the company’s stock worth $21,288,000 after purchasing an additional 27,508 shares during the period. Geode Capital Management LLC lifted its position in shares of Golden Entertainment by 4.3% during the 3rd quarter.
Geode Capital Management LLC now owns 587,006 shares of the company’s stock worth $18,664,000 after purchasing an additional 24,264 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its stake in Golden Entertainment by 5.4% during the 4th quarter.
New York State Common Retirement Fund now owns 384,739 shares of the company’s stock valued at $12,158,000 after purchasing an additional 19,587 shares during the period. 70.73% of the stock is currently owned by institutional investors and hedge funds.
Golden Entertainment Stock Down 4.2 %Shares of GDEN opened at $25.50 on Friday.
Golden Entertainment, Inc. has a 12 month low of $22.66 and a 12 month high of $35.
80. The stock has a market cap of $676.03 million, a price-to-earnings ratio of 20.
56 and a beta of 1.99. The company has a 50-day moving average price of $29.
22 and a two-hundred day moving average price of $30.95. The company has a quick ratio of 1.
03, a current ratio of 1.11 and a debt-to-equity ratio of 0.75.
Golden Entertainment Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were paid a $0.25 dividend.
This represents a $1.00 annualized dividend and a yield of 3.92%.
The ex-dividend date of this dividend was Friday, March 21st. Golden Entertainment’s dividend payout ratio is 59.88%.
Wall Street Analysts Forecast GrowthA number of research analysts have recently commented on GDEN shares. StockNews.com lowered Golden Entertainment from a “buy” rating to a “hold” rating in a report on Friday, February 28th.
JMP Securities restated a “market outperform” rating and set a $36.00 price objective on shares of Golden Entertainment in a report on Thursday, January 16th. Wells Fargo & Company began coverage on shares of Golden Entertainment in a research report on Monday, December 16th.
They set an “overweight” rating and a $38.00 price objective for the company. Jefferies Financial Group boosted their price target on Golden Entertainment from $31.
00 to $32.00 and gave the company a “hold” rating in a research note on Friday, January 3rd. Finally, Macquarie reiterated an “outperform” rating and issued a $40.
00 price objective on shares of Golden Entertainment in a research report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and an average target price of $36.86.Get Our Latest Research Report on Golden EntertainmentAbout Golden Entertainment (Free Report)Golden Entertainment, Inc owns and operates a diversified entertainment platform in the United States.
The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations.Featured ArticlesFive stocks we like better than Golden EntertainmentInvesting In Preferred Stock vs.
Common StockJoby Aviation: Operational Momentum vs. Market SentimentHow to Calculate Options ProfitsBroadcom’s Big Outperformance Shows Strength Amid Tariff DeclineWhat does consumer price index measure? Carvana: Can Turnaround Strength Outdrive Market Headwinds?Want to see what other hedge funds are holding GDEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golden Entertainment, Inc.
(NASDAQ:GDEN – Free Report)..
