2024.07.12
black hawk casino new years eveHowever, some funds have recently been adding to or initiating stakes in the Station Casinos operator in a big way.With hedgies’ sentiment swirling, there exists an ‘upper tier’ of key hedge fund managers who were boosting their holdings substantially (or already accumulated large positions),” notes Insider Monkey.As of Sept. In a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. slot casino sport 88The average price target on Red Rock is .10 and the stock closed at .38 on Friday, indicating that if the run higher continues, analysts may be forced to boost price estimates.On a scale of one to five, with one being “very bearish” and five being “very bullish,” the average numerical rating on Red Rock is 3.82. Long Pond Capital was next at .2 million.Notable TargetDuring the third quarter, new hedge fund buyers of Red Rock Resorts equity included Zimmer Partners, Steve Cohen’s Point72 Asset Management, Centenus Global Management, Weld Capital Management and Neo Ivy Capital.Those investments could be further rewarded if sell-side analysts move their price forecasts on the stock higher, which they could be prompted to do over the near-term. Bloustein School of Planning and Public Policy noted the concentration concerns are relevant and that Atlantic City faces increasing competition from otheroulette casino mod apk black bear casino couponsonline casino betting(Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. Of the 11 analysts covering the shares, six have “buy” or “outperform” marks on thdraftkings casino near mee stock, while five have the equivalent of a “neutral” grade on it.30, the hedge fund with the largest position in Red Rock in dollar terms was Diamond Hill Capital, which owned almost 8 million worth of the gaming company’s stock. golden nugget casino dreb codeIn a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. Palms operator Red Rock has seen its stock languish, but it has hedge fund supporters. harrah s cherokee casino mabage bellagio casino vegasseneca niagara casino sports lounge30, the hedge fund with the largest position in Red Rock in dollar terms was Diamond Hill Capital, which owned almost 8 million worth of the gaming company’s stock. (NASDAQ:RRR) is cobbling together some momentum. The property was acquired from billionaire financier Carl Icahn. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. Long Pond Capital was next at .2 million.Notable TargetDuring the third quarter, new hedge fund buyers of Red Rock Resorts equity included Zimmer Partners, Steve Cohen’s Point72 Asset Management, Centenus Global Management, Weld Capital Management and Neo Ivy Capital.Those investments could be further rewarded if sell-side analysts move their price forecasts on the stock higher, which they could be prompted to do over the near-term. Even with the aforementioned recent bullishness deployed on Red Rock, the stock is up just 15.12 percent year-to-date, putting it well behind the S&P 500 and regional gaming names of comparable size, such as Boyd Gaming (NYSE:BYD) and Penn National Gaming (NASDAQ:PENN).Hedgedraftkings casino near me fund ownership of Red Rock is also behind that of regional rivals such as Penn National and Eldorado Resorts (NASDAQ:ERI). little river casino commercial foxwood resorts casino 301 |