Rhumbline Advisers lifted its holdings in Boyd Gaming Co. (NYSE:BYD – Free Report) by 1.0% within the fourth quarter, in line with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 185,714 shares of the corporate’s inventory after buying an extra 1,797 shares in the course of the quarter. Rhumbline Advisers owned about 0.21% of Boyd Gaming price $13,472,000 as of its most up-to-date SEC submitting.
Quite a lot of different institutional buyers have additionally lately made adjustments to their positions in BYD. GAMMA Investing LLC lifted its place in Boyd Gaming by 47.4% in the course of the 4th quarter. GAMMA Investing LLC now owns 460 shares of the corporate’s inventory price $33,000 after buying an extra 148 shares in the course of the interval. UMB Financial institution n.a. lifted its place in Boyd Gaming by 80.3% in the course of the 4th quarter. UMB Financial institution n.a. now owns 393 shares of the corporate’s inventory price $29,000 after buying an extra 175 shares in the course of the interval. Cetera Belief Firm N.A lifted its place in Boyd Gaming by 6.2% in the course of the 4th quarter. Cetera Belief Firm N.A now owns 3,535 shares of the corporate’s inventory price $256,000 after buying an extra 205 shares in the course of the interval. Covestor Ltd lifted its place in Boyd Gaming by 54.9% in the course of the third quarter. Covestor Ltd now owns 587 shares of the corporate’s inventory price $38,000 after buying an extra 208 shares in the course of the interval. Lastly, KBC Group NV lifted its place in Boyd Gaming by 0.9% in the course of the third quarter. KBC Group NV now owns 25,407 shares of the corporate’s inventory price $1,643,000 after buying an extra 232 shares in the course of the interval. Institutional buyers and hedge funds personal 76.81% of the corporate’s inventory.
Boyd Gaming Buying and selling Down 3.2 %
Shares of NYSE:BYD opened at $76.86 on Friday. The inventory has a market capitalization of $6.79 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 4.46 and a beta of 1.54. Boyd Gaming Co. has a 1-year low of $49.34 and a 1-year excessive of $80.50. The corporate has a debt-to-equity ratio of 1.85, a fast ratio of 0.79 and a present ratio of 0.82. The corporate has a 50 day shifting common worth of $74.77 and a 200 day shifting common worth of $68.94.
Boyd Gaming (NYSE:BYD – Get Free Report) final issued its quarterly earnings outcomes on Thursday, February sixth. The corporate reported $1.96 EPS for the quarter, beating the consensus estimate of $1.75 by $0.21. Boyd Gaming had a web margin of 14.70% and a return on fairness of 35.97%. On common, analysis analysts anticipate that Boyd Gaming Co. will publish 6.52 EPS for the present fiscal 12 months.
Boyd Gaming introduced that its board has initiated a inventory repurchase program on Thursday, December fifth that authorizes the corporate to repurchase $500.00 million in excellent shares. This repurchase authorization authorizes the corporate to buy as much as 7.6% of its inventory via open market purchases. Inventory repurchase applications are usually an indication that the corporate’s board of administrators believes its inventory is undervalued.
Boyd Gaming Will increase Dividend
The enterprise additionally lately introduced a quarterly dividend, which might be paid on Tuesday, April fifteenth. Shareholders of file on Monday, March seventeenth might be given a $0.18 dividend. This is a rise from Boyd Gaming’s earlier quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, March seventeenth. This represents a $0.72 dividend on an annualized foundation and a yield of 0.94%. Boyd Gaming’s dividend payout ratio is presently 10.93%.
Insiders Place Their Bets
In different information, Director William R. Boyd bought 15,000 shares of the agency’s inventory in a transaction on Wednesday, February nineteenth. The shares had been bought at a median worth of $79.32, for a complete transaction of $1,189,800.00. Following the transaction, the director now owns 1,472,970 shares within the firm, valued at roughly $116,835,980.40. This commerce represents a 1.01 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which may be accessed via this hyperlink. Additionally, Chairman Marianne Boyd Johnson bought 50,000 shares of the agency’s inventory in a transaction on Tuesday, February eleventh. The shares had been bought at a median worth of $77.68, for a complete transaction of $3,884,000.00. Following the transaction, the chairman now owns 1,346,628 shares within the firm, valued at $104,606,063.04. This represents a 3.58 % lower of their place. The disclosure for this sale may be discovered right here. Insiders bought a complete of 65,660 shares of firm inventory price $5,123,749 within the final quarter. 27.94% of the inventory is at the moment owned by company insiders.
Analyst Rankings Adjustments
BYD has been the topic of quite a few latest analysis studies. Barclays lifted their worth goal on Boyd Gaming from $74.00 to $78.00 and gave the corporate an “equal weight” ranking in a analysis be aware on Friday, February seventh. Jefferies Monetary Group upgraded Boyd Gaming from a “maintain” ranking to a “purchase” ranking and lifted their worth goal for the corporate from $73.00 to $92.00 in a analysis be aware on Friday, January third. Truist Monetary lifted their worth goal on Boyd Gaming from $85.00 to $88.00 and gave the corporate a “purchase” ranking in a analysis be aware on Tuesday, February 4th. StockNews.com upgraded Boyd Gaming from a “purchase” ranking to a “strong-buy” ranking in a analysis be aware on Wednesday. Lastly, Susquehanna lifted their worth goal on Boyd Gaming from $69.00 to $77.00 and gave the corporate a “impartial” ranking in a analysis be aware on Tuesday, February 4th. Seven analysis analysts have rated the inventory with a maintain ranking, 9 have given a purchase ranking and one has given a robust purchase ranking to the corporate’s inventory. In keeping with MarketBeat.com, the inventory has a median ranking of “Average Purchase” and a median worth goal of $95.00.
Learn Our Newest Evaluation on Boyd Gaming
Boyd Gaming Profile
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Boyd Gaming Company, along with its subsidiaries, operates as a multi-jurisdictional gaming firm in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The corporate operates via Las Vegas Locals, Downtown Las Vegas, Midwest & South, and On-line segments.
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