Oregon Public Employees Retirement Fund decreased its position in Golden Entertainment, Inc. (NASDAQ:GDEN – Free Report) by 5.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,888 shares of the company’s stock after selling 366 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Golden Entertainment were worth $288,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the company. BlackRock Inc. raised its holdings in Golden Entertainment by 155.9% in the 1st quarter. BlackRock Inc. now owns 2,908,507 shares of the company’s stock worth $168,896,000 after purchasing an additional 1,771,873 shares during the period. Capital Research Global Investors increased its position in shares of Golden Entertainment by 27.1% in the first quarter. Capital Research Global Investors now owns 2,066,100 shares of the company’s stock valued at $119,978,000 after buying an additional 441,100 shares in the last quarter. State Street Corp raised its stake in shares of Golden Entertainment by 75.6% during the 1st quarter. State Street Corp now owns 638,151 shares of the company’s stock worth $37,057,000 after buying an additional 274,805 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Golden Entertainment by 487.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 284,348 shares of the company’s stock worth $11,886,000 after buying an additional 235,909 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Golden Entertainment by 20.8% during the 1st quarter. Vanguard Group Inc. now owns 1,322,194 shares of the company’s stock valued at $76,780,000 after buying an additional 227,562 shares in the last quarter. Institutional investors and hedge funds own 66.92% of the company’s stock.
Golden Entertainment Stock Down 2.0 %
Shares of GDEN opened at $32.31 on Tuesday. The stock has a 50 day moving average price of $34.76 and a 200 day moving average price of $39.36. Golden Entertainment, Inc. has a one year low of $32.29 and a one year high of $47.49. The company has a debt-to-equity ratio of 2.43, a quick ratio of 2.96 and a current ratio of 3.01. The stock has a market capitalization of $932.47 million, a price-to-earnings ratio of 20.45 and a beta of 2.29.
Golden Entertainment Announces Dividend
The firm also recently announced a dividend, which was paid on Friday, August 25th. Shareholders of record on Friday, August 11th were paid a $2.00 dividend. The ex-dividend date of this dividend was Thursday, August 10th.
Analysts Set New Price Targets
GDEN has been the subject of a number of research analyst reports. JMP Securities reduced their price objective on shares of Golden Entertainment from $56.00 to $51.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 1st. StockNews.com downgraded shares of Golden Entertainment from a “buy” rating to a “hold” rating in a research report on Monday.
Read Our Latest Analysis on GDEN
About Golden Entertainment
Golden Entertainment, Inc, together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through five segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, Nevada Taverns, and Distributed Gaming.
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