Private Vista scoops up USD 2.2 stake in Isle of Capri Casinos

According to a disclosure report filed with the SEC on Jul 19, the investment management firm now holds a total of 121,655 shares of Isle of Capri Casinos which is valued at $2,270,082.Isle of Capri Casinos makes up approximately 0.74% of Private Vista’s portfolio.

Other Hedge Funds, including First Quadrant L Pca, sold out all of its stake in ISLE during the most recent quarter. The investment firm sold 5,100 shares of ISLE which is valued $95,166. Cutler Group Lp boosted its stake in ISLE in the latest quarter. The investment management firm added 8,968 additional shares and now holds a total of 19,505 shares of Isle of Capri Casinos which is valued at $368,254.

Isle of Capri Casinos makes up around 0.02% of Cutler Group Lp’s portfolio. Bnp Paribas Arbitrage Sa added ISLE to its portfolio by purchasing 1,184 company shares during the most recent quarter which is valued at $21,833.

Isle of Capri Casinos closed down -0.01 points or -0.05% at $18.66 with 3,76,152 shares getting traded on Wednesday. Post opening the session at $18.65, the shares hit an intraday low of $18.331 and an intraday high of $18.875 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in red.

Analyst had a consensus of $0.59. The company had revenue of $264.90 million for the quarter, compared to analysts expectations of $266.91 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 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.