Boyd Gaming Corp: Par Investment Partners Lp Disclosed Stake

February 15, 2018 - By Michael Collier

 Boyd Gaming Corp: Par Investment Partners Lp Disclosed Stake

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.03, from 1.08 in 2017Q2. It is positive, as 21 investors sold Boyd Gaming Corporation shares while 62 reduced holdings. 36 funds opened positions while 56 raised stakes. 84.97 million shares or 2.06% more from 83.26 million shares in 2017Q2 were reported.

Texas Permanent School Fund holds 0.02% of its portfolio in Boyd Gaming Corporation (NYSE:BYD) for 60,108 shares. Citigroup holds 0% of its portfolio in Boyd Gaming Corporation (NYSE:BYD) for 51,911 shares. Ny State Teachers Retirement Systems, New York-based fund reported 139,425 shares. New York-based Water Island Capital Ltd Liability Co has invested 0.03% in Boyd Gaming Corporation (NYSE:BYD). Pub Sector Pension Investment Board invested in 0.01% or 52,293 shares. Van Eck Assoc Corporation invested 0% in Boyd Gaming Corporation (NYSE:BYD). Fmr Limited Liability Com stated it has 3.81 million shares. Castleark Mngmt Limited Liability Company reported 471,460 shares. California Employees Retirement accumulated 66,690 shares. Quantbot Limited Partnership reported 11,120 shares or 0.03% of all its holdings. Parametric Port Ltd invested 0.01% of its portfolio in Boyd Gaming Corporation (NYSE:BYD). Trexquant Invest L P stated it has 0.17% of its portfolio in Boyd Gaming Corporation (NYSE:BYD). Piedmont Ltd Liability Corporation invested in 17,935 shares. Peavine Limited reported 40,000 shares or 0.57% of all its holdings. Metropolitan Life Insur holds 53,904 shares or 0.01% of its portfolio.

Since September 12, 2017, it had 0 buys, and 2 selling transactions for $1.25 million activity. BOYD WILLIAM R also sold $186,970 worth of Boyd Gaming Corporation (NYSE:BYD) on Tuesday, September 12.

The New Par Investment Partners Lp Holding in Boyd Gaming Corp

Par Investment Partners Lp reported SC 13G/A form with the SEC for Boyd Gaming Corp. Access it here: 000119312518045373. As reported by Par Investment Partners Lp, the filler owns 6.1% or 6,824,101 shares of the Consumer Discretionary–company.

Boyd Gaming Corp stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Par Investment Partners Lp’s positive view for Boyd Gaming Corp.

Boyd Gaming Corp Institutional Sentiment

Filings show 178 investors own Boyd Gaming Corp. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 8703206. 85580477 were owned by these investors. 39 funds opened new Boyd Gaming Corp stakes, 64 increased positions. There were 29 that closed positions and 56 reduced them.

5 investors had the stock in their top 10. Some are: Peavine Capital Llc, Par Capital Management Inc..

Scott A. Bedford Penn Capital Management Co Inc is an investor bullish on Boyd Gaming Corp, owning 1257993 shares as of Q3 2015 for 1.08% of its portfolio. Paul Reeder And Edward Shapiro Par Capital Management Inc owns 7684555 shares or 2.64% of its portfolio. NY H Partners Management Llc have 5.14% of its portfolio for 4214050 shares. Further, Sg Capital Management Llc reported stake worth 4.69% of its portfolio. The CT Addison Clark Management Llc owns 472119 shares. Boyd Gaming Corp is 6.88% of its portfolio.

Business Profile

Boyd Gaming Corporation is a multi-jurisdictional gaming company. The Company operated 24 wholly owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, as of December 31, 2016. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest and South. It owns and operates a travel agency and a captive insurance company that underwrites travel-related insurance, each located in Hawaii. The Company’s Las Vegas Locals segment includes properties, such as Gold Coast Hotel and Casino, The Orleans Hotel and Casino, and Sam’s Town Hotel and Gambling Hall. The Downtown Las Vegas segment includes three properties, such as California Hotel and Casino Fremont Hotel and Casino and Main Street Station Casino, Brewery and Hotel Street Station. Its Midwest and South segment’s properties include Par-A-Dice Hotel Casino, Diamond Jo Dubuque, Diamond Jo Worth, Kansas Star Casino, Amelia Belle Casino and Evangeline Downs.

SEC Form 13G.

The stock increased 1.43% or $0.52 during the last trading session, reaching $36.91. About 869,297 shares traded. Boyd Gaming Corporation (NYSE:BYD) has risen 35.92% since February 15, 2017 and is uptrending. It has outperformed by 19.22% the S&P500.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. The company has market cap of $4.15 billion. It operates through three divisions: Las Vegas Locals, Downtown Las Vegas, and Midwest and South. It has a 35.87 P/E ratio. The firm owns and operates 24 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, and Mississippi.

Boyd Gaming Corporation (NYSE:BYD) Ratings Coverage

Among 19 analysts covering Boyd Gaming Corporation (NYSE:BYD), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Boyd Gaming Corporation has $44 highest and $20 lowest target. $31.56’s average target is -14.49% below currents $36.91 stock price. Boyd Gaming Corporation had 40 analyst reports since July 28, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, July 28 by Bank of America. The stock of Boyd Gaming Corporation (NYSE:BYD) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, June 20. On Tuesday, January 17 the stock rating was upgraded by Morgan Stanley to “Overweight”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, October 24 report. The firm earned “Neutral” rating on Thursday, December 3 by Goldman Sachs. The firm has “Buy” rating by Suntrust Robinson given on Friday, February 10. The rating was initiated by Telsey Advisory Group on Wednesday, February 15 with “Outperform”. The firm has “Buy” rating given on Tuesday, February 6 by Susquehanna. SunTrust initiated the shares of BYD in report on Friday, February 10 with “Buy” rating. The company was maintained on Wednesday, May 3 by Telsey Advisory Group.

More important recent Boyd Gaming Corporation (NYSE:BYD) news were published by: Benzinga.com which released: “Argus: Las Vegas Locals Will Drive Boyd Gaming Higher” on January 17, 2018, also Prnewswire.com published article titled: “Boyd Gaming To Report Fourth-Quarter, Full-Year 2017 Results, Host Conference …”, Livetradingnews.com published: “Boyd Gaming Corporation (NYSE:BYD) Heffx Technical Review” on February 07, 2018. More interesting news about Boyd Gaming Corporation (NYSE:BYD) was released by: Seekingalpha.com and their article: “Argus positive on Boyd Gaming” with publication date: January 17, 2018.

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