Villere ST Denis J & Co. LLC raised its position in Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) by 6.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 804,205 shares of the company's stock after acquiring an additional 47,294 shares during the period. Caesars Entertainment comprises 2.4% of Villere ST Denis J & Co. LLC's portfolio, making the stock its 18th biggest position. Villere ST Denis J & Co. LLC owned about 0.38% of Caesars Entertainment worth $26,877,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of CZR. Janus Henderson Group PLC lifted its stake in Caesars Entertainment by 18.7% in the 3rd quarter. Janus Henderson Group PLC now owns 12,609,243 shares of the company's stock valued at $526,309,000 after acquiring an additional 1,983,151 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Caesars Entertainment by 383.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,140,517 shares of the company's stock worth $71,536,000 after purchasing an additional 1,697,443 shares in the last quarter. Bamco Inc. NY bought a new stake in shares of Caesars Entertainment during the 3rd quarter worth approximately $61,890,000. Progeny 3 Inc. bought a new stake in shares of Caesars Entertainment during the 3rd quarter worth approximately $37,649,000. Finally, Point72 Asset Management L.P. bought a new stake in shares of Caesars Entertainment during the 3rd quarter worth approximately $26,721,000. Institutional investors own 91.79% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the company. TD Cowen dropped their price objective on Caesars Entertainment from $50.00 to $48.00 and set a "buy" rating on the stock in a research note on Tuesday, February 4th. Jefferies Financial Group dropped their price target on Caesars Entertainment from $52.00 to $43.00 and set a "buy" rating on the stock in a research note on Friday, January 3rd. StockNews.com upgraded Caesars Entertainment from a "sell" rating to a "hold" rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. dropped their price target on Caesars Entertainment from $58.00 to $57.00 and set an "overweight" rating on the stock in a research note on Friday, January 3rd. Finally, Macquarie restated an "outperform" rating and issued a $50.00 price target on shares of Caesars Entertainment in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $51.21.
Get Our Latest Report on Caesars Entertainment
Caesars Entertainment Stock Performance
NASDAQ CZR traded down $1.56 on Wednesday, reaching $37.97. The stock had a trading volume of 4,276,400 shares, compared to its average volume of 4,419,434. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.84 and a quick ratio of 0.82. The firm has a fifty day moving average of $34.76 and a two-hundred day moving average of $37.82. Caesars Entertainment, Inc. has a 1-year low of $30.78 and a 1-year high of $45.93. The company has a market cap of $8.07 billion, a P/E ratio of -22.74 and a beta of 2.90.
About Caesars Entertainment
(
Free Report)
Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.
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