Claar Advisors adds Isle of Capri Casinos (ISLE) to its portfolio

Isle of Capri Casinos (ISLE) : Claar Advisors added new position in Isle of Capri Casinos during the most recent quarter end. The investment management firm now holds 26,800 shares of Isle of Capri Casinos which is valued at $485,616 , the company said in a statement filed on Aug 15, 2016 with the SEC.Isle of Capri Casinos makes up approximately 0.24% of Claar Advisors’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc boosted its stake in ISLE in the latest quarter, The investment management firm added 104,850 additional shares and now holds a total of 392,563 shares of Isle of Capri Casinos which is valued at $7,113,242. Isle of Capri Casinos makes up approx 0.03% of Panagora Asset Management Inc’s portfolio.Tower Research Capital (trc) boosted its stake in ISLE in the latest quarter, The investment management firm added 746 additional shares and now holds a total of 2,348 shares of Isle of Capri Casinos which is valued at $42,546.Frontier Wealth Management reduced its stake in ISLE by selling 35,645 shares or 54.1% in the most recent quarter. The Hedge Fund company now holds 30,245 shares of ISLE which is valued at $548,039. Isle of Capri Casinos makes up approx 0.08% of Frontier Wealth Management’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 (ISLE) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $17.33 and reached the intraday high at $17.46. The bulls started the profit booking and pushed the shares to intraday low of $16.48. The trading session was marked by a volume range of 285,511 shares exchanging hands. The 52-week high of the shares is $21.43 and the 52-week low is $10.62. The market cap of the company stands at $717 M and there are 41,303,063 shares in public circulation.

On the company’s financial health, Isle of Capri Casinos reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 30, 2016. Analyst had a consensus of $0.30. The company had revenue of $240.86 million for the quarter, compared to analysts expectations of $246.88 million. The company’s revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 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.

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