Caesars Entertainment, Inc. (NASDAQ:CZR) Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC grew its holdings in Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) by 17.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 223,491 shares of the company's stock after buying an additional 33,617 shares during the period. Thompson Siegel & Walmsley LLC owned 0.11% of Caesars Entertainment worth $7,469,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CZR. Janus Henderson Group PLC grew its position 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 buying an additional 1,983,151 shares during the last quarter. Appaloosa LP boosted its holdings in shares of Caesars Entertainment by 2.3% in the fourth quarter. Appaloosa LP now owns 2,200,000 shares of the company's stock valued at $73,524,000 after acquiring an additional 50,000 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Caesars Entertainment by 383.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 2,140,517 shares of the company's stock valued at $71,536,000 after acquiring an additional 1,697,443 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Caesars Entertainment by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,876,971 shares of the company's stock worth $62,728,000 after acquiring an additional 11,671 shares during the period. Finally, Bamco Inc. NY purchased a new position in Caesars Entertainment during the third quarter worth about $61,890,000. Institutional investors and hedge funds own 91.79% of the company's stock.

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Caesars Entertainment Price Performance

CZR stock traded down $0.52 on Tuesday, reaching $27.56. The company had a trading volume of 3,901,092 shares, compared to its average volume of 4,332,013. The company's fifty day moving average is $33.71 and its 200 day moving average is $37.18. The company has a market cap of $5.84 billion, a P/E ratio of -16.50 and a beta of 2.97. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.82 and a current ratio of 0.84. Caesars Entertainment, Inc. has a 1 year low of $26.42 and a 1 year high of $45.93.

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.20. Caesars Entertainment had a negative return on equity of 4.44% and a negative net margin of 3.20%. The firm had revenue of $2.80 billion during the quarter, compared to analysts' expectations of $2.81 billion. On average, research analysts forecast that Caesars Entertainment, Inc. will post -0.77 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on CZR. JPMorgan Chase & Co. dropped their target price on Caesars Entertainment from $58.00 to $57.00 and set an "overweight" rating on the stock in a research report on Friday, January 3rd. Macquarie dropped their price objective on Caesars Entertainment from $47.00 to $46.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th. Truist Financial cut their price objective on Caesars Entertainment from $52.00 to $48.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Barclays lowered their price target on shares of Caesars Entertainment from $55.00 to $54.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. Finally, Jefferies Financial Group cut their price target on shares of Caesars Entertainment from $52.00 to $43.00 and set a "buy" rating for the company in a report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $50.43.

Caesars Entertainment Company Profile

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.