8,520 Shares in Accel Entertainment, Inc. (NYSE:ACEL) Bought by R Squared Ltd

R Squared Ltd purchased a new position in shares of Accel Entertainment, Inc. (NYSE:ACEL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,520 shares of the company’s stock, valued at approximately $91,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Barclays PLC increased its stake in shares of Accel Entertainment by 34.6% during the third quarter. Barclays PLC now owns 224,241 shares of the company’s stock worth $2,606,000 after buying an additional 57,666 shares during the period. JPMorgan Chase & Co. increased its position in shares of 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. Arkadios Wealth Advisors acquired a new stake in shares of Accel Entertainment in the 3rd quarter valued at $1,953,000. SG Americas Securities LLC purchased a new stake in shares of Accel Entertainment during the 3rd quarter worth $341,000. Finally, Creative Planning purchased a new stake in shares of Accel Entertainment during the 3rd quarter worth $144,000. Hedge funds and other institutional investors own 55.39% of the company’s stock.

Accel Entertainment Stock Performance

NYSE:ACEL opened at $11.28 on Friday. Accel Entertainment, Inc. has a 12 month low of $9.37 and a 12 month high of $12.96. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.71 and a quick ratio of 2.63. The firm has a market capitalization of $928.42 million, a PE ratio of 22.11 and a beta of 1.46. The business’s fifty day moving average price is $11.13 and its 200 day moving average price is $11.24.

Insider Transactions at Accel Entertainment

In other Accel Entertainment news, Director David W. Ruttenberg sold 25,000 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $11.55, for a total value of $288,750.00. Following the completion of the transaction, the director now owns 373,135 shares in the company, valued at $4,309,709.25. This represents a 6.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mark T. Phelan sold 9,577 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $11.65, for a total value of $111,572.05. Following the transaction, the insider now directly owns 189,788 shares in the company, valued at approximately $2,211,030.20. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 164,577 shares of company stock valued at $1,891,172. 19.17% of the stock is currently owned by corporate 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.