BI Asset Management Fondsmaeglerselskab A S Has $9.65 Million Stake in Boyd Gaming Corporation $BYD

BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Boyd Gaming Corporation (NYSE:BYD) by 75.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,596 shares of the company’s stock after purchasing an additional 48,057 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Boyd Gaming were worth $9,647,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Asset Management One Co. Ltd. purchased a new stake in Boyd Gaming in the 3rd quarter worth about $1,531,000. Fox Run Management L.L.C. purchased a new position in Boyd Gaming during the 2nd quarter valued at about $563,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Boyd Gaming by 9.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 340,281 shares of the company’s stock valued at $29,615,000 after purchasing an additional 30,543 shares during the period. LSV Asset Management lifted its position in shares of Boyd Gaming by 115.8% in the second quarter. LSV Asset Management now owns 245,100 shares of the company’s stock worth $19,174,000 after purchasing an additional 131,500 shares in the last quarter. Finally, Oliver Luxxe Assets LLC acquired a new stake in shares of Boyd Gaming during the third quarter worth approximately $1,878,000. Hedge funds and other institutional investors own 76.81% of the company’s stock.

More Boyd Gaming News

Here are the key news stories impacting Boyd Gaming this week:

• Positive Sentiment: Q4 results beat expectations — Boyd reported $2.21 EPS vs. $1.88 consensus and revenue of $1.06B vs. $1.02B, giving investors a clear near-term revenue and earnings beat to drive the stock higher. Press Release / MarketBeat
• Positive Sentiment: Profitability metrics are strong — the quarter showed a net margin of ~46% and ROE of ~34.6%, signalling efficient operations and high returns on equity that support investor confidence. Zacks: Boyd Gaming Surpasses Q4 Estimates
• Neutral Sentiment: Earnings call transcript available — management commentary in the Q4 call (transcripts posted) will be parsed for guidance, regional performance (Strip vs. regional properties), and margin drivers; this is informational but could influence near-term sentiment depending on tone. Seeking Alpha: Q4 Earnings Call Transcript
• Neutral Sentiment: Pre-earnings coverage and metric comparisons — previews and follow-ups (Yahoo, Zacks) provided expectations context and metric comparisons to street estimates; useful for analysts but not immediately directional beyond the beats. Yahoo Finance: Q4 Transcript
• Neutral Sentiment: Beware of ticker confusion in headlines — an unrelated news item about BYD (the EV maker) circulated in the feed; it does not pertain to Boyd Gaming (NYSE: BYD) but can create temporary headline noise. 247wallst: BYD (EV maker) expansion
• Negative Sentiment: Liquidity and leverage factors may limit upside — Boyd’s current and quick ratios (~0.51 and ~0.49) suggest tighter near-term liquidity, and a debt/equity of ~0.71 means leverage is meaningful; these items could concern risk-focused investors despite the earnings beat.

Boyd Gaming Stock Down 1.4%

Shares of NYSE BYD opened at $83.62 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.51 and a debt-to-equity ratio of 0.71. The company has a market cap of $6.53 billion, a price-to-earnings ratio of 3.65, a price-to-earnings-growth ratio of 1.50 and a beta of 1.24. The firm’s 50-day simple moving average is $85.03 and its 200 day simple moving average is $83.83. Boyd Gaming Corporation has a 12-month low of $58.94 and a 12-month high of $89.96.

Boyd Gaming (NYSE:BYD) last announced its quarterly earnings data on Thursday, February 5th. The company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.33. Boyd Gaming had a return on equity of 34.63% and a net margin of 46.02%.The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the business posted $1.96 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, research analysts expect that Boyd Gaming Corporation will post 6.52 earnings per share for the current fiscal year.

Boyd Gaming Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Monday, December 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, December 15th. Boyd Gaming’s payout ratio is 3.15%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BYD shares. Jefferies Financial Group reiterated a “buy” rating on shares of Boyd Gaming in a research report on Wednesday, December 24th. Citigroup started coverage on Boyd Gaming in a research report on Thursday, November 20th. They set a “neutral” rating and a $86.00 price objective for the company. Mizuho set a $100.00 price target on Boyd Gaming in a research note on Monday. Wells Fargo & Company began coverage on Boyd Gaming in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $85.00 price target for the company. Finally, UBS Group set a $110.00 price objective on shares of Boyd Gaming in a research note on Wednesday, December 24th. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Boyd Gaming currently has an average rating of “Hold” and an average target price of $92.08.

Boyd Gaming Company Profile

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.