JB Capital Partners LP Acquires New Shares in Century Casinos, Inc. (NASDAQ:CNTY)

JB Capital Partners LP bought a new position in shares of Century Casinos, Inc. (NASDAQ:CNTY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,283 shares of the company’s stock, valued at approximately $124,000.

Several other institutional investors also recently bought and sold shares of CNTY. Royce & Associates LP increased its holdings in shares of Century Casinos by 2.7% during the 4th quarter. Royce & Associates LP now owns 2,975,121 shares of the company’s stock valued at $9,639,000 after acquiring an additional 79,086 shares during the last quarter. Rice Hall James & Associates LLC grew its holdings in Century Casinos by 5.9% during the fourth quarter. Rice Hall James & Associates LLC now owns 1,620,617 shares of the company’s stock valued at $5,251,000 after purchasing an additional 90,556 shares during the last quarter. RBF Capital LLC raised its position in shares of Century Casinos by 23.1% in the third quarter. RBF Capital LLC now owns 369,349 shares of the company’s stock valued at $946,000 after purchasing an additional 69,349 shares during the period. Geode Capital Management LLC grew its stake in Century Casinos by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 283,618 shares of the company’s stock valued at $726,000 after buying an additional 5,220 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Century Casinos during the 4th quarter worth $74,000. 66.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CNTY shares. Macquarie cut their price objective on Century Casinos from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Friday, March 14th. JMP Securities reissued a “market outperform” rating and issued a $5.00 price objective on shares of Century Casinos in a research report on Monday, January 27th. Stifel Nicolaus dropped their target price on shares of Century Casinos from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Finally, StockNews.com downgraded shares of Century Casinos from a “hold” rating to a “sell” rating in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5.50.

Century Casinos Stock Down 4.2 %

CNTY opened at $1.59 on Friday. The company has a market capitalization of $48.79 million, a P/E ratio of -0.65 and a beta of 2.51. The company has a debt-to-equity ratio of 6.58, a current ratio of 1.79 and a quick ratio of 1.74. The firm’s fifty day moving average price is $2.57 and its two-hundred day moving average price is $3.05. Century Casinos, Inc. has a fifty-two week low of $1.58 and a fifty-two week high of $5.09.

About Century Casinos

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.