Isle of Capri Casinos Inc. (NASDAQ:ISLE) saw unusually-strong trading volume on Monday . Approximately 270,510 shares were traded during trading, a decline of 16% from the previous session’s volume of 322,881 shares.The stock last traded at $18.73 and had previously closed at $18.74.

Several equities analysts have weighed in on ISLE shares. Zacks Investment Research upgraded Isle of Capri Casinos from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Thursday, June 16th. Stifel Nicolaus lifted their target price on Isle of Capri Casinos from $16.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, June 15th. Telsey Advisory Group cut Isle of Capri Casinos from an “outperform” rating to a “market perform” rating and set a $18.00 target price for the company. in a report on Tuesday, May 31st. TheStreet upgraded Isle of Capri Casinos from a “hold” rating to a “buy” rating in a report on Tuesday, June 14th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of Isle of Capri Casinos in a report on Wednesday, June 15th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $19.33.

The stock’s 50-day moving average price is $17.61 and its 200-day moving average price is $14.41. The firm has a market capitalization of $778.45 million and a P/E ratio of 16.84.

Isle of Capri Casinos (NASDAQ:ISLE) last released its quarterly earnings results on Tuesday, June 14th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. During the same period in the previous year, the company posted $0.58 EPS. The business earned $264.90 million during the quarter, compared to analyst estimates of $266.77 million. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. On average, equities analysts expect that Isle of Capri Casinos Inc. will post $1.47 earnings per share for the current year.

In other Isle of Capri Casinos news, insider Edmund L. Quatmann, Jr. sold 22,000 shares of the stock in a transaction that occurred on Wednesday, July 13th. The stock was sold at an average price of $18.90, for a total transaction of $415,800.00. Following the completion of the transaction, the insider now owns 156,731 shares of the company’s stock, valued at $2,962,215.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Several institutional investors have recently made changes to their positions in ISLE. Bank of Montreal Can boosted its position in shares of Isle of Capri Casinos by 187.2% in the fourth quarter. Bank of Montreal Can now owns 72,767 shares of the company’s stock worth $1,013,000 after buying an additional 47,426 shares during the last quarter. Trexquant Investment LP boosted its position in shares of Isle of Capri Casinos by 137.6% in the fourth quarter. Trexquant Investment LP now owns 116,880 shares of the company’s stock worth $1,628,000 after buying an additional 67,680 shares during the last quarter. Deere & Co. boosted its position in shares of Isle of Capri Casinos by 239.8% in the fourth quarter. Deere & Co. now owns 163,928 shares of the company’s stock worth $2,284,000 after buying an additional 115,684 shares during the last quarter. GSA Capital Partners LLP boosted its position in shares of Isle of Capri Casinos by 56.7% in the fourth quarter. GSA Capital Partners LLP now owns 175,290 shares of the company’s stock worth $2,442,000 after buying an additional 63,413 shares during the last quarter. Finally, Russell Frank Co boosted its position in shares of Isle of Capri Casinos by 14.1% in the fourth quarter. Russell Frank Co now owns 214,990 shares of the company’s stock worth $2,969,000 after buying an additional 26,494 shares during the last quarter.

Isle of Capri Casinos, Inc is a developer, owner and operator of branded gaming facilities and related dining, lodging and entertainment facilities. The Company owns or operates around 15 gaming and entertainment facilities in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.