WINTON GROUP Ltd acquired a new position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 136,275 shares of the company's stock, valued at approximately $4,554,000. WINTON GROUP Ltd owned about 0.06% of Caesars Entertainment at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Quest Partners LLC boosted its holdings in Caesars Entertainment by 528,000.0% in the third quarter. Quest Partners LLC now owns 5,281 shares of the company's stock valued at $220,000 after purchasing an additional 5,280 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Caesars Entertainment by 56.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 32,424 shares of the company's stock worth $1,353,000 after acquiring an additional 11,665 shares in the last quarter. Cerity Partners LLC lifted its position in Caesars Entertainment by 65.8% in the third quarter. Cerity Partners LLC now owns 18,237 shares of the company's stock valued at $761,000 after acquiring an additional 7,235 shares during the last quarter. Algert Global LLC acquired a new position in Caesars Entertainment in the third quarter valued at $2,590,000. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Caesars Entertainment by 0.3% during the third quarter. The Manufacturers Life Insurance Company now owns 168,516 shares of the company's stock worth $7,034,000 after purchasing an additional 582 shares during the last quarter. Institutional investors and hedge funds own 91.79% of the company's stock.
Caesars Entertainment Price Performance
Shares of Caesars Entertainment stock traded down $0.66 during trading on Monday, reaching $25.01. The company's stock had a trading volume of 2,394,977 shares, compared to its average volume of 4,593,564. The business has a 50 day moving average price of $32.79 and a 200-day moving average price of $36.60. Caesars Entertainment, Inc. has a 12-month low of $24.03 and a 12-month high of $45.93. The company has a market capitalization of $5.30 billion, a P/E ratio of -15.00 and a beta of 2.97. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.84.
Caesars Entertainment (NASDAQ:CZR - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.15) by $0.20. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.81 billion. Caesars Entertainment had a negative net margin of 3.20% and a negative return on equity of 4.44%. As a group, sell-side analysts anticipate that Caesars Entertainment, Inc. will post -0.77 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on CZR shares. JMP Securities decreased their target price on Caesars Entertainment from $57.00 to $53.00 and set a "market outperform" rating for the company in a research report on Thursday, January 16th. Truist Financial lowered their target price on shares of Caesars Entertainment from $52.00 to $48.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Barclays reduced their price target on shares of Caesars Entertainment from $55.00 to $54.00 and set an "overweight" rating for the company in a research report on Wednesday, February 26th. TD Cowen lowered their price objective on shares of Caesars Entertainment from $50.00 to $48.00 and set a "buy" rating on the stock in a research report on Tuesday, February 4th. Finally, Stifel Nicolaus reduced their target price on shares of Caesars Entertainment from $54.00 to $51.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $50.00.
Read Our Latest Stock Report on CZR
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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