Filing Buzzer: Lee Daniel R Just Disclosed New Full House Resorts Inc Position

Filing Buzzer: Lee Daniel R Just Disclosed New Full House Resorts Inc Position

The New Lee Daniel R Holding in Full House Resorts Inc

Lee Daniel R filed with the SEC SC 13D form for Full House Resorts Inc. The form can be accessed here: 000162828016021567. As reported in Lee Daniel R’s form, the filler as of late owns 7.6% or 1,775,308 shares of the Consumer Discretionary–company.

Full House Resorts Inc stake is a new one for the and it was filed because of activity on November 10, 2016. We feel this shows Lee Daniel R’s positive view for the stock.

Reasons Why Lee Daniel R Bought – Full House Resorts Inc Stock

Item 4.Purpose of Transaction

Mr. Lee acquired the shares for investment purposes.

Except as described in this Schedule 13D and in his role as a director and officer of the Issuer, Mr. Lee does not have any plans or proposals that relate to or would result in: (a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of Issuer or any of its subsidiaries; (d) any change in the present board of directors or management of Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material change in the present capitalization or dividend policy of Issuer; (f) any other material change in Issuer’s business or corporate structure; (g) changes in Issuer’s charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition or control of Issuer by any person; (h) causing a class of securities of Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) any action similar to any of those enumerated above.

Full House Resorts Inc Institutional Sentiment

Latest Security and Exchange filings show 19 investors own Full House Resorts Inc. The institutional ownership in Q3 2015 is low, at 42.58% of the outstanding shares. This is increased by 4354642 the total institutional shares. 9733130 were the shares owned by these institutional investors. In total 0 funds opened new Full House Resorts Inc stakes, 6 increased stakes. There were 2 that closed positions and 2 reduced them.

Teton Advisors Inc is an institutional investor bullish on Full House Resorts Inc, owning 235700 shares as of Q3 2015 for 0.03% of its portfolio. Appleton Partners Inc owns 19275 shares or 0.01% of its portfolio. IL Rmb Capital Management Llc have 0.18% of their stock portfolio for 1887619 shares. Further, American Financial Group Inc reported stake worth 0.01% of its US stock portfolio. The CA Aspiriant Llc owns 77600 shares. Full House Resorts Inc is 0.01% of the manager’s US portfolio.

Business Profile

Full House Resorts, Inc. owns, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. The Company’s casino/resort segments include the Silver Slipper Casino & Hotel in Hancock County, Mississippi; the Rising Star Casino Resort in Rising Sun, Indiana, and the Northern Nevada segment, which consists of the Grand Lodge Casino in Incline Village, Nevada and Stockman’s Casino in Fallon, Nevada. The Company’s Development/Management segment includes costs associated with casino-related development and management projects. The Company has a leased property, Grand Lodge Casino. The Rising Star Casino Resort is located on the banks of the Ohio River in Rising Sun, Indiana. The Silver Slipper Casino & Hotel is situated on the far west end of the Mississippi Gulf Coast in Bay St. Louis, Mississippi. The Grand Lodge Casino is located within Hyatt Regency in Incline Village, Nevada on the north shore of Lake Tahoe.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 2.2 in Q2 2016. Its up 1.77, from 0.43 in 2016Q1. The ratio improved, as 3 funds sold all Full House Resorts, Inc. shares owned while 4 reduced positions. 0 funds bought stakes while 3 increased positions. They now own 5.01 million shares or 10.12% less from 5.57 million shares in 2016Q1.

Oxford Asset Mgmt accumulated 0% or 33,718 shares. Blackrock Fund accumulated 26,972 shares or 0% of the stock. Blackrock Advsr last reported 12,945 shares in the company. Blackrock Institutional Na accumulated 0% or 25,589 shares. Teton Advsrs owns 310,000 shares or 0.06% of their US portfolio. Moreover, Blackrock Inv Mngmt Ltd Liability Corporation has 0% invested in Full House Resorts, Inc. (NASDAQ:FLL) for 3,119 shares. Franklin Res Inc accumulated 0% or 1.60 million shares. Moreover, Dimensional Fund Advsr Lp has 0% invested in Full House Resorts, Inc. (NASDAQ:FLL) for 58,687 shares. Jbf Cap owns 1,000 shares or 0% of their US portfolio. Amer Grp Inc holds 0.01% of its portfolio in Full House Resorts, Inc. (NASDAQ:FLL) for 66,948 shares. The Ontario – Canada-based Manufacturers Life Insurance The has invested 0% in Full House Resorts, Inc. (NASDAQ:FLL). Northern Tru Corp has invested 0% of its portfolio in Full House Resorts, Inc. (NASDAQ:FLL). Renaissance Techs Limited Liability holds 290,300 shares or 0% of its portfolio. Geode Cap Limited Liability has invested 0% of its portfolio in Full House Resorts, Inc. (NASDAQ:FLL). Vanguard Gru Inc has 490,647 shares for 0% of their US portfolio.

Insider Transactions: Since June 1, 2016, the stock had 5 insider buys, and 0 insider sales for $70,285 net activity. Fanger Lewis A. bought $5,916 worth of Full House Resorts, Inc. (NASDAQ:FLL) on Tuesday, August 23. The insider THOMAS CRAIG W bought $12,432. Another trade for 18,000 shares valued at $34,637 was made by adams kenneth robert on Wednesday, August 17.

The stock increased 2.02% or $0.03 on November 18, hitting $1.77. Full House Resorts, Inc. (NASDAQ:FLL) has risen 16.45% since April 19, 2016 and is uptrending. It has outperformed by 12.59% the S&P500.

Full House Resorts, Inc. owns, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. The company has a market cap of $41.65 million. The Company’s casino/resort divisions include the Silver Slipper Casino & Hotel in Hancock County, Mississippi; the Rising Star Casino Resort in Rising Sun, Indiana, and the Northern Nevada segment, which consists of the Grand Lodge Casino in Incline Village, Nevada and Stockman’s Casino in Fallon, Nevada. It currently has negative earnings. The Company’s Development/Management segment includes costs associated with casino-related development and management projects.

More notable recent Full House Resorts, Inc. (NASDAQ:FLL) news were published by: Equitiesfocus.com which released: “Full House Resorts, Inc. (NASDAQ:FLL) Quarterly EPS From Continuing Operations …” on November 21, 2016, also Seekingalpha.com with their article: “Full House Resorts: Bullish, But Careful” published on August 31, 2016, Seekingalpha.com published: “Full House Resorts: The Story Is Still Intact” on June 30, 2016. More interesting news about Full House Resorts, Inc. (NASDAQ:FLL) were released by: Globenewswire.com and their article: “Full House Resorts Announces Completion of Bronco Billy’s Acquisition and …” published on May 13, 2016 as well as Seekingalpha.com‘s news article titled: “Full House Resorts: Proposed Rights Offering Isn’t Dilutive: It Pays To Take A …” with publication date: September 08, 2016.

According to Zacks Investment Research, “Full House develops and manages gaming facilities. The Company has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a first-class casino/resort with gaming devices in the Battle Creek, Michigan area, which is currently in the pre-development stage. Full House also manages Midway Slots and Simulcast at the Delaware State Fairgrounds in Harrington, Delaware, along with the owner of the adjacent racetrack.”

FLL Company Profile

Full House Resorts, Inc., incorporated on January 5, 1987, owns, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. The Company’s casino/resort divisions include the Silver Slipper Casino & Hotel in Hancock County, Mississippi; the Rising Star Casino Resort in Rising Sun, Indiana, and the Northern Nevada segment, which consists of the Grand Lodge Casino in Incline Village, Nevada and Stockman’s Casino in Fallon, Nevada. The Company’s Development/Management segment includes costs associated with casino-related development and management projects. The Firm has a leased property, Grand Lodge Casino. The Firm manages its casinos based on geographic regions within the United States.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment