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Source Financial Advisors LLC increased its stake in PENN Entertainment, Inc. by over 1,000% during the third quarter. They now own 322,633 shares, worth $7,404,000. The company also reported $1.21 EPS for the quarter, beating the consensus estimate of $0.33 by $0.88. Eight equities research analysts have rated the stock with a “hold” rating and eight have given a “buy” rating to the company’s stock. Penny Entertainment currently has a “Moderate Buy” rating and an average price target of $33.35. Insiders at the company have also been active in trading stocks, with one director purchasing 4,400 shares and an EVP selling 5,017 shares. 1.80% of the company’s stock is owned by insiders.



Read more: PENN Entertainment, Inc. (NASDAQ:PENN) Stock Position Lifted by Source Financial Advisors LLC