6 days Ago By ABMN Staff
Geode Capital Management LLC raised its stake in PENN Entertainment, Inc. ( NASDAQ:PENN – Free Report ) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC.
The fund owned 2,500,342 shares of the company’s stock after purchasing an additional 152,791 shares during the quarter. Geode Capital Management LLC owned 1.64% of PENN Entertainment worth $49,572,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Contrarius Group Holdings Ltd bought a new stake in PENN Entertainment during the 4th quarter valued at $34,994,000. Norges Bank purchased a new position in shares of PENN Entertainment in the fourth quarter valued at about $27,901,000.
SG Americas Securities LLC bought a new position in shares of PENN Entertainment during the fourth quarter valued at about $27,805,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of PENN Entertainment by 4.
3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,337,162 shares of the company’s stock worth $26,503,000 after purchasing an additional 55,138 shares during the period.
Finally, Raymond James Financial Inc. bought a new stake in shares of PENN Entertainment in the fourth quarter worth about $17,804,000. Hedge funds and other institutional investors own 91.
69% of the company’s stock. PENN Entertainment Trading Down 0.3 % Shares of NASDAQ PENN opened at $14.
29 on Tuesday. The company has a market cap of $2.19 billion, a PE ratio of -4.
03, a P/E/G ratio of 1.55 and a beta of 1.96.
The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 0.
94. The firm’s 50 day moving average price is $18.31 and its 200-day moving average price is $19.
23. PENN Entertainment, Inc. has a 52-week low of $13.
25 and a 52-week high of $23.08. Analyst Upgrades and Downgrades Get Our Latest Research Report on PENN PENN Entertainment Company Profile ( Free Report ) PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences.
The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands. Recommended Stories Receive News & Ratings for PENN Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PENN Entertainment and related companies with MarketBeat.
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