Dynamic Technology Lab Private Ltd Buys Shares of 18,903 Golden Entertainment Inc (GDEN)
Dynamic Technology Lab Private Ltd bought a new stake in shares of Golden Entertainment Inc (NASDAQ:GDEN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,903 shares of the company’s stock, valued at approximately $510,000. Dynamic Technology Lab Private Ltd owned about 0.07% of Golden Entertainment as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in GDEN. Park West Asset Management LLC bought a new position in shares of Golden Entertainment during the 1st quarter valued at $31,361,000. BlackRock Inc. grew its holdings in shares of Golden Entertainment by 99.8% during the 1st quarter. BlackRock Inc. now owns 1,088,784 shares of the company’s stock valued at $25,292,000 after purchasing an additional 543,871 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of Golden Entertainment during the 1st quarter valued at $9,617,000. Wells Fargo & Company MN grew its holdings in shares of Golden Entertainment by 1,003.6% during the 1st quarter. Wells Fargo & Company MN now owns 421,472 shares of the company’s stock valued at $9,791,000 after purchasing an additional 383,281 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in shares of Golden Entertainment by 576.6% during the 1st quarter. Allianz Asset Management GmbH now owns 441,382 shares of the company’s stock valued at $10,253,000 after purchasing an additional 376,142 shares during the last quarter. 63.44% of the stock is currently owned by institutional investors.
Several equities analysts recently commented on GDEN shares. BidaskClub raised shares of Golden Entertainment from a “buy” rating to a “strong-buy” rating in a report on Tuesday, May 22nd. Telsey Advisory Group increased their target price on shares of Golden Entertainment from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Tuesday, May 29th. TheStreet raised shares of Golden Entertainment from a “c+” rating to a “b” rating in a report on Monday, June 4th. Zacks Investment Research raised shares of Golden Entertainment from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 11th. Finally, Jefferies Financial Group increased their target price on shares of Golden Entertainment from $38.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, August 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. Golden Entertainment currently has a consensus rating of “Hold” and an average price target of $37.00.
Shares of Golden Entertainment stock opened at $26.50 on Monday. The firm has a market capitalization of $728.79 million, a price-to-earnings ratio of 126.14, a PEG ratio of 2.98 and a beta of 0.50. Golden Entertainment Inc has a 12-month low of $22.55 and a 12-month high of $34.75. The company has a debt-to-equity ratio of 2.69, a quick ratio of 2.29 and a current ratio of 2.38.
Golden Entertainment (NASDAQ:GDEN) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.11). The firm had revenue of $216.54 million during the quarter, compared to the consensus estimate of $223.40 million. Golden Entertainment had a return on equity of 1.89% and a net margin of 0.36%. research analysts expect that Golden Entertainment Inc will post 0.89 earnings per share for the current fiscal year.
About Golden Entertainment
Golden Entertainment, Inc, together with its subsidiaries, focuses on distributed gaming, and resort casino operations in the United States. The Distributed Gaming segment is involved in the installation, maintenance, and operation of slots and amusement devices in non-casino locations, such as grocery stores, convenience stores, restaurants, bars, taverns, and liquor stores; and operation of branded taverns targeting local patrons primarily in the greater Las Vegas, Nevada metropolitan area.
Read More: What is a Tariff?
Want to see what other hedge funds are holding GDEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golden Entertainment Inc (NASDAQ:GDEN).
Receive News & Ratings for Golden Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golden Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.