Teacher Retirement System of Texas Has $615,000 Stake in Accel Entertainment, Inc. (NYSE:ACEL)

Teacher Retirement System of Texas lifted its stake in Accel Entertainment, Inc. (NYSE:ACEL) by 103.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,550 shares of the company’s stock after purchasing an additional 29,292 shares during the quarter. Teacher Retirement System of Texas’ holdings in Accel Entertainment were worth $615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in Accel Entertainment by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 448,578 shares of the company’s stock worth $4,791,000 after purchasing an additional 6,641 shares during the last quarter. JPMorgan Chase & Co. raised its position in Accel Entertainment by 1.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 284,309 shares of the company’s stock valued at $3,304,000 after purchasing an additional 3,355 shares during the last quarter. Globeflex Capital L P lifted its position in Accel Entertainment by 5.1% during the 4th quarter. Globeflex Capital L P now owns 263,183 shares of the company’s stock worth $2,811,000 after buying an additional 12,789 shares in the last quarter. Barclays PLC raised its position in Accel Entertainment by 34.6% in the 3rd quarter. Barclays PLC now owns 224,241 shares of the company’s stock worth $2,606,000 after purchasing an additional 57,666 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Accel Entertainment by 2.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 190,250 shares of the company’s stock worth $2,032,000 after purchasing an additional 4,256 shares during the last quarter. Institutional investors and hedge funds own 55.39% of the company’s stock.

Accel Entertainment Stock Down 2.8 %

Shares of ACEL stock opened at $9.96 on Monday. The firm has a fifty day moving average of $11.01 and a 200-day moving average of $11.22. Accel Entertainment, Inc. has a 12-month low of $9.37 and a 12-month high of $12.96. The company has a market capitalization of $851.76 million, a price-to-earnings ratio of 19.52 and a beta of 1.54. The company has a quick ratio of 2.63, a current ratio of 2.71 and a debt-to-equity ratio of 2.54.

Analyst Ratings Changes

Separately, Macquarie boosted their target price on Accel Entertainment from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th.

Insider Transactions at Accel Entertainment

In other Accel Entertainment news, Director David W. Ruttenberg sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $12.35, for a total value of $308,750.00. Following the completion of the transaction, the director now directly owns 335,635 shares in the company, valued at $4,145,092.25. This trade represents a 6.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 19.17% of the stock is owned by insiders.

Accel Entertainment Profile

Accel Entertainment, Inc, together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.