Fri. Jun 2nd, 2023

Russell Investments Group Ltd. boosted its stake in Boyd Gaming Co. (NYSE:BYD – Get Score) by 5.6% throughout the third quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Alternate Fee (SEC). The agency owned 241,491 shares of the corporate’s inventory after shopping for a further 12,819 shares throughout the interval. Russell Investments Group Ltd. owned 0.22% of Boyd Gaming value $11,512,000 as of its most up-to-date SEC submitting.

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A number of different massive traders have additionally just lately added to or diminished their stakes within the inventory. Vanguard Group Inc. elevated its place in Boyd Gaming by 4.1% within the first quarter. Vanguard Group Inc. now owns 9,030,684 shares of the corporate’s inventory value $594,039,000 after shopping for a further 359,698 shares throughout the interval. BlackRock Inc. elevated its place in Boyd Gaming by 2.1% within the first quarter. BlackRock Inc. now owns 7,025,507 shares of the corporate’s inventory value $462,137,000 after shopping for a further 143,418 shares throughout the interval. Ariel Investments LLC elevated its place in Boyd Gaming by 63.4% within the first quarter. Ariel Investments LLC now owns 2,629,438 shares of the corporate’s inventory value $172,965,000 after shopping for a further 1,020,515 shares throughout the interval. Invesco Ltd. elevated its holdings in shares of Boyd Gaming by 45.2% throughout the first quarter. Invesco Ltd. now owns 2,382,418 shares of the corporate’s inventory valued at $156,715,000 after buying a further 741,156 shares throughout the interval. Lastly, State Avenue Corp elevated its holdings in shares of Boyd Gaming by 0.5% throughout the second quarter. State Avenue Corp now owns 2,200,680 shares of the corporate’s inventory valued at $109,811,000 after buying a further 10,796 shares throughout the interval. 68.68% of the inventory is owned by institutional traders and hedge funds.

Boyd Gaming Inventory Down 0.1 %

BYD opened at $61.17 on Monday. Boyd Gaming Co. has a fifty-two week low of $46.10 and a fifty-two week excessive of $72.72. The enterprise has a 50-day shifting common of $57.96 and a 200-day shifting common of $55.66. The corporate has a debt-to-equity ratio of 1.83, a present ratio of 0.76 and a fast ratio of 0.72. The corporate has a market capitalization of $6.38 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 1.06 and a beta of 1.83.

Boyd Gaming Dividend Announcement

The corporate additionally just lately declared a quarterly dividend, which was paid on Sunday, January fifteenth. Stockholders of document on Monday, December nineteenth have been paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized foundation and a dividend yield of 0.98%. The ex-dividend date was Friday, December sixteenth. Boyd Gaming’s dividend payout ratio (DPR) is presently 11.54%.

Insider Transactions at Boyd Gaming

In different information, insider William S. Boyd offered 106,562 shares of the agency’s inventory in a transaction dated Monday, December twelfth. The inventory was offered at a median value of $58.61, for a complete transaction of $6,245,598.82. Following the completion of the sale, the insider now immediately owns 14,733,927 shares of the corporate’s inventory, valued at roughly $863,555,461.47. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which will be accessed by the SEC web site. In associated information, insider William S. Boyd offered 190,000 shares of the agency’s inventory in a transaction that occurred on Wednesday, December 14th. The inventory was offered at a median value of $58.90, for a complete worth of $11,191,000.00. Following the transaction, the insider now immediately owns 14,543,927 shares of the corporate’s inventory, valued at roughly $856,637,300.30. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which will be accessed by this hyperlink. Additionally, insider William S. Boyd offered 106,562 shares of the agency’s inventory in a transaction that occurred on Monday, December twelfth. The shares have been offered at a median value of $58.61, for a complete worth of $6,245,598.82. Following the completion of the transaction, the insider now immediately owns 14,733,927 shares within the firm, valued at $863,555,461.47. The disclosure for this sale will be discovered right here. Insiders offered 521,286 shares of firm inventory valued at $30,498,575 within the final three months. Company insiders personal 27.94% of the corporate’s inventory.

Analyst Upgrades and Downgrades

Numerous brokerages have just lately commented on BYD. Roth Capital started protection on Boyd Gaming in a report on Wednesday, January 18th. They set a “purchase” score and a $70.00 value goal on the inventory. Wells Fargo & Firm raised their goal value on Boyd Gaming from $72.00 to $73.00 and gave the corporate an “chubby” score in a analysis notice on Wednesday, January twenty fifth. Credit score Suisse Group initiated protection on Boyd Gaming in a analysis notice on Tuesday, January seventeenth. They set an “outperform” score and a $82.00 goal value for the corporate. StockNews.com raised Boyd Gaming from a “purchase” score to a “strong-buy” score in a analysis notice on Thursday, October twenty seventh. Lastly, Susquehanna raised their goal value on Boyd Gaming from $68.00 to $72.00 in a analysis notice on Wednesday, October twenty sixth. One equities analysis analyst has rated the inventory with a promote score, two have assigned a maintain score, ten have assigned a purchase score and one has given a robust purchase score to the corporate’s inventory. Based on MarketBeat, the corporate has a consensus score of “Reasonable Purchase” and a median goal value of $71.73.

About Boyd Gaming

(Get Score)

Boyd Gaming Corp. engages within the administration and operation of gaming and leisure properties. It operates by the next segments: Las Vegas Locals, Downtown Las Vegas and Midwest & South. The Las Vegas Locals section consists of casinos that serve the resident inhabitants of the Las Vegas metropolitan space.

See Additionally

This instantaneous information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].

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