4 hours Ago By ABMN Staff
Legal & General Group Plc lowered its stake in shares of Monarch Casino & Resort, Inc. ( NASDAQ:MCRI – Free Report ) by 4.6% in the 4th quarter, HoldingsChannel reports.
The institutional investor owned 37,169 shares of the company’s stock after selling 1,782 shares during the quarter. Legal & General Group Plc’s holdings in Monarch Casino & Resort were worth $2,933,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also bought and sold shares of the stock.
Golden State Wealth Management LLC bought a new stake in shares of Monarch Casino & Resort in the 4th quarter worth $53,000. KBC Group NV boosted its holdings in Monarch Casino & Resort by 67.8% during the fourth quarter.
KBC Group NV now owns 980 shares of the company’s stock worth $77,000 after purchasing an additional 396 shares during the last quarter. Independence Bank of Kentucky bought a new stake in Monarch Casino & Resort in the 4th quarter worth about $93,000. Nisa Investment Advisors LLC increased its stake in Monarch Casino & Resort by 30.
9% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,693 shares of the company’s stock valued at $134,000 after buying an additional 400 shares during the last quarter. Finally, Bank of Montreal Can bought a new position in shares of Monarch Casino & Resort during the 4th quarter worth approximately $202,000.
62.37% of the stock is owned by hedge funds and other institutional investors. Monarch Casino & Resort Stock Up 2.
4 % Shares of NASDAQ:MCRI opened at $77.82 on Thursday. The firm has a market capitalization of $1.
44 billion, a PE ratio of 15.72 and a beta of 1.57.
The company has a 50-day moving average price of $82.03 and a two-hundred day moving average price of $81.97.
Monarch Casino & Resort, Inc. has a twelve month low of $64.58 and a twelve month high of $96.
11. Monarch Casino & Resort Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Sunday, June 1st will be paid a dividend of $0.
30 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.
20 dividend on an annualized basis and a dividend yield of 1.54%. Monarch Casino & Resort’s payout ratio is 24.
24%. Wall Street Analysts Forecast Growth MCRI has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their price target on Monarch Casino & Resort from $90.
00 to $81.00 and set a “hold” rating for the company in a research report on Wednesday. Wells Fargo & Company lifted their target price on Monarch Casino & Resort from $79.
00 to $82.00 and gave the stock an “underweight” rating in a research note on Wednesday, February 12th. Jefferies Financial Group increased their price target on shares of Monarch Casino & Resort from $73.
00 to $88.00 and gave the company a “hold” rating in a research report on Friday, January 3rd. Truist Financial dropped their target price on shares of Monarch Casino & Resort from $105.
00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, StockNews.
com lowered shares of Monarch Casino & Resort from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $88.
60. Check Out Our Latest Report on Monarch Casino & Resort About Monarch Casino & Resort ( Free Report ) Monarch Casino & Resort, Inc engages in the ownership and operation of the Atlantis Casino Resort Spa, a hotel and casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk, Colorado. The company was founded in 1993 and is headquartered in Reno, NV.
Featured Stories Want to see what other hedge funds are holding MCRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monarch Casino & Resort, Inc. ( NASDAQ:MCRI – Free Report ).
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