Venator Capital Management LTD Has Lifted Holding in Monarch Casino & Resort (MCRI) as Market Value Declined; Hm Payson & Company Has Lifted Priceline Grp (PCLN) Holding

April 17, 2018 - By Ellis Scott

Venator Capital Management Ltd increased its stake in Monarch Casino & Resort Inc (MCRI) by 44.23% based on its latest 2017Q4 regulatory filing with the SEC. Venator Capital Management Ltd bought 19,551 shares as the company’s stock declined 9.15% with the market. The institutional investor held 63,755 shares of the consumer services company at the end of 2017Q4, valued at $2.86M, up from 44,204 at the end of the previous reported quarter. Venator Capital Management Ltd who had been investing in Monarch Casino & Resort Inc for a number of months, seems to be bullish on the $758.29 million market cap company. The stock increased 0.42% or $0.18 during the last trading session, reaching $42.66. About 12,975 shares traded. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) has risen 43.57% since April 17, 2017 and is uptrending. It has outperformed by 32.02% the S&P500.

Hm Payson & Company increased its stake in Priceline Grp Inc (PCLN) by 56.56% based on its latest 2017Q4 regulatory filing with the SEC. Hm Payson & Company bought 2,177 shares as the company’s stock 0.00% . The institutional investor held 6,026 shares of the business services company at the end of 2017Q4, valued at $10.47M, up from 3,849 at the end of the previous reported quarter. Hm Payson & Company who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $92.94B market cap company. The stock decreased 0.07% or $1.38 during the last trading session, reaching $1905.64. About 570,074 shares traded or 36.99% up from the average. Booking Holdings Inc. (NASDAQ:PCLN) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Since October 25, 2017, it had 0 insider buys, and 5 sales for $4.79 million activity. FARAHI JOHN also sold $1.16 million worth of Monarch Casino & Resort, Inc. (NASDAQ:MCRI) shares. On Friday, October 27 the insider FARAHI BEN sold $813,990.

Venator Capital Management Ltd, which manages about $116.96 million US Long portfolio, decreased its stake in Asure Software Inc (NASDAQ:ASUR) by 95,832 shares to 373,949 shares, valued at $5.28M in 2017Q4, according to the filing. It also reduced its holding in Gap Inc Del (NYSE:GPS) by 163,000 shares in the quarter, leaving it with 117,235 shares, and cut its stake in Ringcentral Inc (NYSE:RNG).

Among 4 analysts covering Monarch Casino & Resort (NASDAQ:MCRI), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Monarch Casino & Resort had 4 analyst reports since December 8, 2015 according to SRatingsIntel. On Wednesday, October 25 the stock rating was upgraded by Union Gaming to “Buy”. Gabelli initiated Monarch Casino & Resort, Inc. (NASDAQ:MCRI) on Friday, October 14 with “Hold” rating. Sidoti initiated Monarch Casino & Resort, Inc. (NASDAQ:MCRI) on Tuesday, December 8 with “Buy” rating.

Investors sentiment increased to 1.64 in 2017 Q4. Its up 0.30, from 1.34 in 2017Q3. It is positive, as 10 investors sold MCRI shares while 32 reduced holdings. 32 funds opened positions while 37 raised stakes. 10.37 million shares or 3.66% more from 10.01 million shares in 2017Q3 were reported. Strs Ohio owns 16,100 shares for 0% of their portfolio. Teachers Retirement Systems Of The State Of Kentucky invested in 3,800 shares. Citadel Advsrs Ltd Limited Liability Company reported 5,450 shares. Retail Bank Of Mellon Corp owns 135,307 shares. 7,100 are held by Spark Management Limited Company. Tower Rech Cap Ltd (Trc) stated it has 1,062 shares or 0.01% of all its holdings. Ameritas Investment Prns reported 917 shares. Ubs Asset Mgmt Americas owns 52 shares. State Of Tennessee Treasury Department owns 8,083 shares or 0% of their US portfolio. Ajo Limited Partnership owns 17,133 shares for 0% of their portfolio. Sg Americas Llc invested in 0% or 3,030 shares. Thrivent Financial For Lutherans reported 0% stake. First Advsrs Limited Partnership accumulated 10,141 shares or 0% of the stock. Stevens Cap Limited Partnership invested in 4,569 shares or 0.01% of the stock. Legal And General Group Incorporated Public Limited Com, a United Kingdom-based fund reported 20,834 shares.

Hm Payson & Company, which manages about $2.21 billion and $2.49B US Long portfolio, decreased its stake in Harris Corporation (NYSE:HRS) by 3,757 shares to 252,381 shares, valued at $35.75M in 2017Q4, according to the filing. It also reduced its holding in Twenty First Century Fox Inc (NASDAQ:FOX) by 114,605 shares in the quarter, leaving it with 343,225 shares, and cut its stake in Chevron Corp (NYSE:CVX).

Investors sentiment is 1.03 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 86 investors sold PCLN shares while 311 reduced holdings. only 96 funds opened positions while 311 raised stakes. 43.90 million shares or 12.31% less from 50.07 million shares in 2017Q3 were reported. Millennium Mgmt Limited Liability Co has 0.03% invested in Booking Holdings Inc. (NASDAQ:PCLN) for 13,918 shares. Ipg Invest Advisors Ltd Limited Liability Company has 0.31% invested in Booking Holdings Inc. (NASDAQ:PCLN) for 432 shares. Symphony Asset Mngmt Lc has invested 0.15% in Booking Holdings Inc. (NASDAQ:PCLN). Pnc Svcs Gru invested in 0.03% or 18,809 shares. Jennison Assocs Lc invested in 0.83% or 482,176 shares. Condor Capital Mngmt owns 928 shares. The Connecticut-based Cubist Systematic Strategies Limited Liability Co has invested 0.2% in Booking Holdings Inc. (NASDAQ:PCLN). Fincl Bank Of Hawaii has invested 0.27% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN). Sumitomo Life Company holds 2,189 shares or 0.48% of its portfolio. Suncoast Equity, a Florida-based fund reported 12,935 shares. Ballentine Prns Limited Liability Corp reported 0.02% in Booking Holdings Inc. (NASDAQ:PCLN). Motco stated it has 0% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN). Scotia Capital Incorporated has 251 shares for 0.01% of their portfolio. Gamco Investors Et Al owns 364 shares. Qs Invsts Ltd Liability accumulated 0.05% or 3,038 shares.

Since December 15, 2017, it had 0 insider purchases, and 6 sales for $9.77 million activity. The insider EPSTEIN JEFFREY E sold $505,000. 3,629 shares valued at $7.94M were sold by MILLONES PETER J on Thursday, March 15.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 101 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of PCLN in report on Tuesday, July 25 with “Hold” rating. Deutsche Bank maintained it with “Hold” rating and $1307 target in Friday, July 31 report. The firm earned “Overweight” rating on Friday, August 5 by Piper Jaffray. RBC Capital Markets maintained it with “Buy” rating and $2050.0 target in Thursday, November 2 report. RBC Capital Markets maintained Booking Holdings Inc. (NASDAQ:PCLN) on Wednesday, August 5 with “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, February 28 report. The firm has “Overweight” rating by Barclays Capital given on Tuesday, November 7. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, November 10. The stock of Booking Holdings Inc. (NASDAQ:PCLN) has “Market Perform” rating given on Monday, January 25 by Wells Fargo. As per Wednesday, October 4, the company rating was maintained by SunTrust.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Institutional Positions Chart

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.