Penn National Gaming Inc Stock [FallsFell] as Big Money Exit, Sentiment at 1.18

Penn National Gaming, Inc. (NASDAQ:PENN) Corporate Logo

Positions for Penn National Gaming Inc (NASDAQ:PENN)

“Big money sentiment for Penn National Gaming Inc (NASDAQ:PENN) in Q2 2018 decreased to 1.18, SEC.gov filings reveal. That’s down -0.16, from 2018Q1’s 1.34. 116 active investment managers increased or started new holdings, while 98 reduced and sold their equity positions in Penn National Gaming Inc so the sentiment turned negative. These funds own 86.01 million shares, that’s up from 84.43 million shares in 2018Q1. Funds holding Penn National Gaming Inc in top 10 changed to 2 from 0 for an increase of 2. 32 Investors Sold All; 66 Reduced Holdings; 71 increased holdings while 45 active investment managers bought holdings.

Most Penn National Gaming Inc Shareholders

Miura Global Management Llc owns 700,000 shares in Penn National Gaming Inc as of Q2 2018. Penn National Gaming Inc’s shareholder Waterfront Capital Partners Llc owns 735,500 shares as of Q2 2018. Furthermore, Rk Capital Management Llc reported 289,259 shares in Penn National Gaming Inc equivalent to 2.14% of its stock exposure. The Connecticut-based fund Tide Point Capital Management Lp have invested about 2.07% of the institutional investor’s stock portfolio in Penn National Gaming Inc. The Connecticut-based fund Ardsley Advisory Partners looks positive on Penn National Gaming Inc, possessing 300,000 shares.

Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment.The company has $2.47 billion market cap. The firm operates through Northeast, South/West, and Midwest divisions.The P/E ratio is 3.59. As of December 31, 2016, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada.

Ticker’s shares touched $20.92 during the last trading session after 3.55% change.Penn National Gaming, Inc. has 4.42 million shares volume, 99.77% up from normal. PENN is uptrending and has moved 44.78% since November 10, 2017. PENN outperformed by 29.16% the S&P 500.

Massmutual Tru Fsb Adv owns 1,282 shs or 0% of their US capital. Balyasny Asset Llc accumulated 1.19M shs. Moreover, Northcoast Asset Management Limited Liability Corp has 0.06% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 19,096 shs. Goldman Sachs Grp accumulated 885,647 shs or 0.01% of the stock. 149,729 were reported by California Employees Retirement System. Indexiq Advsr Ltd Llc reported 83,297 shs or 0.09% of all its holdings. Moreover, Hbk Invs Lp has 0.01% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 20,432 shs. Natixis holds 187,766 shs or 0.03% of its capital. Royal Bank Of Canada reported 0% in Penn National Gaming, Inc. (NASDAQ:PENN). Kings Point Mgmt holds 1,000 shs or 0.01% of its capital. Sector Pension Investment Board owns 54,522 shs. Los Angeles Cap Management And Equity Research Incorporated invested in 0.03% or 143,130 shs. Wealthtrust holds 0% of its capital in Penn National Gaming, Inc. (NASDAQ:PENN) for 10 shs. Lpl Financial Ltd Liability Corporation holds 0% or 12,831 shs in its capital. 15,002 are owned by Trexquant Ltd Partnership.

Penn National Gaming, Inc. registered $7.69 million net activity with 2 insider purchases and 7 sales since May 31, 2018. Reibstein Saul also sold $234,290 worth of Penn National Gaming, Inc. (NASDAQ:PENN) shs. 16,653 shs were sold by Sottosanti Carl, worth $567,701. On Friday, June 1 CARLINO PETER M also sold $2.85 million worth of Penn National Gaming, Inc. (NASDAQ:PENN). On Monday, June 4 $23,793 worth of Penn National Gaming, Inc. (NASDAQ:PENN) was bought by SCACCETTI JANE.

Penn National Gaming, Inc. (NASDAQ:PENN) Ratings Coverage

In total 4 analysts cover Penn National Gaming (NASDAQ:PENN). “Buy” rating has 1, “Sell” are 0, while 3 are “Hold”. (NASDAQ:PENN) has 25% bullish analysts. 5 are the (NASDAQ:PENN)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Tuesday, July 17 Bank of America maintained the shares of PENN in report with “Neutral” rating. On Thursday, May 24 Nomura maintained Penn National Gaming, Inc. (NASDAQ:PENN) with “Neutral” rating. The stock rating was maintained by Nomura with “Neutral” on Friday, November 2. On Tuesday, June 26 the stock of Penn National Gaming, Inc. (NASDAQ:PENN) earned “Equal-Weight” rating by Morgan Stanley. On Friday, November 2 the firm has “Overweight” rating by JP Morgan given.

More recent Penn National Gaming, Inc. (NASDAQ:PENN) news were released by Nasdaq.com, Nasdaq.com and Nasdaq.com. The first one has “Gaming and Leisure Properties, Inc. Announces Third Quarter 2018 Results” as a title and was released on November 01, 2018. The next is “Everi and Penn National Gaming Extend Cash Access Services Agreement” on November 05, 2018. And last was released on November 06, 2018, called “New Research Coverage Highlights Penn National Gaming, PBF Logistics LP, Floor & Decor, Applied Industrial …”.

Penn National Gaming, Inc. (NASDAQ:PENN) Institutional Investors 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.