2 weeks Ago By Defense World Staff
Sei Investments Co. cut its position in Golden Entertainment, Inc. (NASDAQ:GDEN – Free Report) by 3.
8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,542 shares of the company’s stock after selling 3,321 shares during the quarter. Sei Investments Co.
owned 0.31% of Golden Entertainment worth $2,672,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors also recently bought and sold shares of the company.
BNP Paribas Financial Markets increased its holdings in Golden Entertainment by 7.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,500 shares of the company’s stock worth $143,000 after purchasing an additional 317 shares during the period.
Intech Investment Management LLC purchased a new stake in shares of Golden Entertainment in the 4th quarter valued at approximately $288,000. Nisa Investment Advisors LLC increased its position in shares of Golden Entertainment by 42.5% in the 4th quarter.
Nisa Investment Advisors LLC now owns 10,190 shares of the company’s stock valued at $325,000 after purchasing an additional 3,037 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Golden Entertainment by 1.9% in the 3rd quarter.
HighTower Advisors LLC now owns 17,580 shares of the company’s stock valued at $557,000 after purchasing an additional 333 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Golden Entertainment during the 4th quarter worth $608,000. 70.
73% of the stock is owned by institutional investors and hedge funds. Golden Entertainment Price PerformanceShares of Golden Entertainment stock opened at $24.60 on Friday.
Golden Entertainment, Inc. has a 52 week low of $22.66 and a 52 week high of $36.
40. The company has a current ratio of 1.11, a quick ratio of 1.
03 and a debt-to-equity ratio of 0.75. The stock has a market cap of $652.
17 million, a PE ratio of 19.84 and a beta of 1.99.
The company’s 50-day moving average price is $30.10 and its two-hundred day moving average price is $31.22.
Golden Entertainment Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st were given a dividend of $0.25 per share.
The ex-dividend date of this dividend was Friday, March 21st. This represents a $1.00 dividend on an annualized basis and a yield of 4.
07%. Golden Entertainment’s payout ratio is presently 59.88%.
Wall Street Analysts Forecast GrowthGDEN has been the topic of a number of research analyst reports. JMP Securities reiterated a “market outperform” rating and set a $36.00 target price on shares of Golden Entertainment in a research report on Thursday, January 16th.
Macquarie reaffirmed an “outperform” rating and set a $40.00 price objective on shares of Golden Entertainment in a research note on Friday, February 28th. Wells Fargo & Company began coverage on Golden Entertainment in a research note on Monday, December 16th.
They issued an “overweight” rating and a $38.00 target price on the stock. StockNews.
com cut shares of Golden Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Jefferies Financial Group raised their target price on shares of Golden Entertainment from $31.00 to $32.
00 and gave the stock a “hold” rating in a research note on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.86.View Our Latest Research Report on Golden EntertainmentGolden Entertainment Profile (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.Read MoreFive stocks we like better than Golden EntertainmentFollowing Congress Stock TradesArcher Aviation’s Africa Deal Could Boost ACHR StockCanadian Penny Stocks: Can They Make You Rich? Are Short Sellers Wrong About These 3 Semiconductor Stocks?How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?.
