Isle of Capri Casinos (ISLE) : Addison Clark Management L.l.c. scooped up 145,000 additional shares in Isle of Capri Casinos during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 236,000 shares of Isle of Capri Casinos which is valued at $4,276,320.Isle of Capri Casinos makes up approximately 6.49% of Addison Clark Management L.l.c.’s portfolio.
Other Hedge Funds, Including , Ubs Oconnor added ISLE to its portfolio by purchasing 180,866 company shares during the most recent quarter which is valued at $3,277,292. Isle of Capri Casinos makes up approx 0.10% of Ubs Oconnor’s portfolio. Systematic Financial Management Lp sold out all of its stake in ISLE during the most recent quarter. The investment firm sold 431,420 shares of ISLE which is valued $7,847,530.Scout Investments boosted its stake in ISLE in the latest quarter, The investment management firm added 5,785 additional shares and now holds a total of 16,405 shares of Isle of Capri Casinos which is valued at $300,212. Isle of Capri Casinos makes up approx 0.01% of Scout Investments’s portfolio. Msi Financial Services Inc added ISLE to its portfolio by purchasing 8,602 company shares during the most recent quarter which is valued at $159,997. Isle of Capri Casinos makes up approx 0.01% of Msi Financial Services Inc’s portfolio.
Isle of Capri Casinos opened for trading at $17.94 and hit $18.13 on the upside on Monday, eventually ending the session at $17.98, with a gain of 0.11% or 0.02 points. The heightened volatility saw the trading volume jump to 3,06,749 shares. Company has a market cap of $742 M.
On the company’s financial health, Isle of Capri Casinos reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jun 14, 2016. Analyst had a consensus of $0.59. The company had revenue of $264.90 million for the quarter, compared to analysts expectations of $266.91 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Many Wall Street Analysts have commented on Isle of Capri Casinos. Company shares were Reiterated by Stifel on Jun 15, 2016 to “Buy”, Firm has raised the Price Target to $ 20 from a previous price target of $16 .Company shares were Reiterated by Telsey Advisory Group on Jun 14, 2016 to “Market Perform”, Firm has raised the Price Target to $ 19 from a previous price target of $18 .Telsey Advisory Group Downgraded Isle of Capri Casinos on May 31, 2016 to ” Market Perform”, Price Target of the shares are set at $18.
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. Collectively these properties feature approximately 12700 slot machines and over 300 table games (including approximately 80 poker tables) over 2300 hotel rooms and around 45 restaurants. It also operates a harness racing track at its casino in Florida. It operates under two brands: Isle and Lady Luck. Isle-branded facilities are in larger markets whereas Lady Luck-branded facilities are in smaller markets. Its casino properties include Isle Casino Hotel-Black Hawk Lady Luck Casino-Black Hawk Pompano Park Bettendorf Marquette Waterloo Lake Charles Lula Natchez Vicksburg Boonville Cape Girardeau Caruthersville Kansas City and Nemacolin.