Shares of Isle of Capri Casinos Inc. (NASDAQ:ISLE) saw unusually-strong trading volume on Monday . Approximately 270,510 shares traded hands during mid-day 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.

A number of equities analysts have weighed in on ISLE shares. Zacks Investment Research raised shares of Isle of Capri Casinos from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Thursday, June 16th. Stifel Nicolaus boosted their target price on shares of Isle of Capri Casinos from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, June 15th. Telsey Advisory Group downgraded shares of 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 research note on Tuesday, May 31st. TheStreet raised shares of Isle of Capri Casinos from a “hold” rating to a “buy” rating in a research note on Tuesday, June 14th. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Isle of Capri Casinos in a research note on Wednesday, June 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Isle of Capri Casinos currently has a consensus rating of “Buy” and a consensus target price of $19.33.

The firm has a market capitalization of $773.91 million and a price-to-earnings ratio of 16.74. The firm has a 50 day moving average price of $17.64 and a 200-day moving average price of $14.44.

Isle of Capri Casinos (NASDAQ:ISLE) last announced its quarterly earnings data on Tuesday, June 14th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. The firm had revenue of $264.90 million for the quarter, compared to analyst estimates of $266.77 million. During the same quarter in the previous year, the company earned $0.58 earnings per share. The company’s quarterly revenue was down 1.6% on a year-over-year basis. On average, analysts predict that Isle of Capri Casinos Inc. will post $1.47 EPS 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 dated Wednesday, July 13th. The shares were sold at an average price of $18.90, for a total transaction of $415,800.00. Following the sale, the insider now directly owns 156,731 shares in the company, valued at $2,962,215.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Several large investors recently bought and sold shares of ISLE. Trexquant Investment LP increased its stake in 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. increased its stake in 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. Principal Financial Group Inc. increased its stake in Isle of Capri Casinos by 171.6% in the fourth quarter. Principal Financial Group Inc. now owns 543,257 shares of the company’s stock worth $7,568,000 after buying an additional 343,257 shares during the last quarter. Bank of Montreal Can increased its stake in 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. Finally, Cornerstone Capital Management Holdings LLC. increased its stake in Isle of Capri Casinos by 73.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 273,714 shares of the company’s stock worth $3,813,000 after buying an additional 115,614 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.

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