New Mexico Academic Retirement Board minimize its stake in Boyd Gaming Co. (NYSE:BYD) by 15.0% within the 4th quarter, based on its most up-to-date disclosure with the SEC. The institutional investor owned 16,400 shares of the corporate’s inventory after promoting 2,900 shares throughout the interval. New Mexico Academic Retirement Board’s holdings in Boyd Gaming had been value $341,000 as of its most up-to-date SEC submitting.
Various different massive traders additionally lately made adjustments to their positions in BYD. FMR LLC grew its place in Boyd Gaming by 10.9% within the third quarter. FMR LLC now owns 5,199,373 shares of the corporate’s inventory value $176,000,000 after buying a further 509,885 shares within the final quarter. Valinor Administration L.P. lifted its stake in Boyd Gaming by 24.7% within the third quarter. Valinor Administration L.P. now owns 2,555,300 shares of the corporate’s inventory value $86,497,000 after buying a further 505,600 shares over the past quarter. Capital Fund Administration S.A. lifted its stake in Boyd Gaming by 3,456.5% within the third quarter. Capital Fund Administration S.A. now owns 344,699 shares of the corporate’s inventory value $11,668,000 after buying a further 335,007 shares over the past quarter. BlackRock Inc. lifted its stake in Boyd Gaming by 3.4% within the third quarter. BlackRock Inc. now owns 9,723,773 shares of the corporate’s inventory value $329,149,000 after buying a further 315,940 shares over the past quarter. Lastly, Waterfront Capital Companions LLC lifted its stake in Boyd Gaming by 26.2% within the third quarter. Waterfront Capital Companions LLC now owns 944,829 shares of the corporate’s inventory value $31,982,000 after buying a further 196,229 shares over the past quarter. Institutional traders personal 71.98% of the corporate’s inventory.
BYD has been the topic of a number of current analysis stories. ValuEngine downgraded shares of Boyd Gaming from a “maintain” ranking to a “promote” ranking in a analysis notice on Thursday, December 20th. Barclays lowered their value goal on shares of Boyd Gaming from $40.00 to $38.00 and set an “chubby” ranking for the corporate in a analysis notice on Thursday, November 1st. Zacks Funding Analysis reissued a “maintain” ranking and issued a $28.00 value goal on shares of Boyd Gaming in a analysis notice on Monday, November 12th. TheStreet downgraded shares of Boyd Gaming from a “b” ranking to a “c+” ranking in a analysis notice on Monday, November 26th. Lastly, Stifel Nicolaus raised shares of Boyd Gaming from a “maintain” ranking to a “purchase” ranking and lowered their value goal for the inventory from $37.00 to $33.00 in a analysis notice on Friday, January 11th. Three equities analysis analysts have rated the inventory with a maintain ranking and eight have assigned a purchase ranking to the inventory. Boyd Gaming at present has a median ranking of “Purchase” and a consensus value goal of $34.89.
Shares of NYSE:BYD opened at $27.18 on Tuesday. The inventory has a market cap of $2.99 billion, a PE ratio of 26.39, a PEG ratio of 0.71 and a beta of two.13. The corporate has a fast ratio of 1.33, a present ratio of 1.37 and a debt-to-equity ratio of three.09. Boyd Gaming Co. has a 12 month low of $18.98 and a 12 month excessive of $39.35.
The corporate additionally lately disclosed a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of document on Friday, December 28th had been paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Thursday, December 27th. Boyd Gaming’s dividend payout ratio (DPR) is 23.30%.
Boyd Gaming declared that its Board of Administrators has accepted a inventory repurchase plan on Wednesday, December 12th that allows the corporate to buyback $100.00 million in shares. This buyback authorization permits the corporate to buy as much as 3.7% of its shares by open market purchases. Shares buyback plans are normally a sign that the corporate’s administration believes its inventory is undervalued.
In different information, VP William R. Boyd bought 100,000 shares of the corporate’s inventory in a transaction dated Thursday, December 13th. The shares had been bought at a median value of $24.19, for a complete transaction of $2,419,000.00. Following the completion of the transaction, the vp now instantly owns 23,505 shares of the corporate’s inventory, valued at $568,585.95. The sale was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. Company insiders personal 28.88% of the corporate’s inventory.
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Boyd Gaming Profile
Boyd Gaming Company, along with its subsidiaries, operates as a multi-jurisdictional gaming firm. It operates by three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest and South. As of October 15, 2018, the corporate operated 29 gaming leisure properties providing a complete of 1.76 million sq. ft of on line casino house, roughly 38,000 gaming machines, 900 desk video games, 11,000 resort rooms, and 320 meals and beverage shops positioned in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania.
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