According to Zacks, “Twin River Worldwide Holdings Inc. owns and manages casinos, primarily in Rhode Island, Mississippi and Delaware, as well as a Colorado horse race track which possesses licenses. The company’s properties include Twin River Casino Hotel, Tiverton Casino Hotel, Hard Rock Hotel & Casino, Dover Downs Hotel Casino and Arapahoe Park. Twin River Worldwide Holdings Inc. is based in RI, United States. “
Other research analysts also recently issued research reports about the stock. Union Gaming Research began coverage on shares of Twin River Worldwide in a research report on Thursday, June 20th. They issued a buy rating and a $38.00 price target on the stock. Stifel Nicolaus downgraded shares of Owens Corning from a buy rating to a hold rating and set a $52.45 price target on the stock. in a research report on Wednesday, April 24th. Finally, SunTrust Banks downgraded shares of Wageworks from a buy rating to a hold rating in a research report on Friday, June 28th.
Twin River Worldwide (NYSE:TRWH) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.06. The firm had revenue of $120.63 million during the quarter, compared to analyst estimates of $119.10 million. Equities research analysts forecast that Twin River Worldwide will post 1.85 EPS for the current fiscal year.
The business also recently announced a special dividend, which will be paid on Tuesday, July 23rd. Investors of record on Tuesday, July 9th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, July 8th.
In related news, major shareholder Chatham Asset Management, Llc sold 438,085 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $30.55, for a total transaction of $13,383,496.75. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 1,830,782 shares of company stock worth $53,883,657 in the last quarter. 35.00% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the stock. Gabelli Funds LLC bought a new stake in shares of Twin River Worldwide during the first quarter worth $336,000. Gamco Investors INC. ET AL bought a new stake in shares of Twin River Worldwide during the first quarter worth $500,000. Teton Advisors Inc. bought a new stake in shares of Twin River Worldwide during the first quarter worth $1,779,000. Kennedy Capital Management Inc. bought a new stake in shares of Twin River Worldwide during the first quarter worth $3,815,000. Finally, Apollo Management Holdings L.P. bought a new stake in shares of Twin River Worldwide during the first quarter worth $55,687,000. Institutional investors own 62.73% of the company’s stock.
About Twin River Worldwide
There is no company description available for Twin River Worldwide Holdings Inc
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