California Public Employees Retirement System increased its position in shares of Caesars Acquisition Company (NASDAQ:CACQ) by 29.2% during the first quarter, Holdings Channel reports. The firm owned 62,400 shares of the company’s stock after buying an additional 14,100 shares during the period. California Public Employees Retirement System’s holdings in Caesars Acquisition were worth $961,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CACQ. Teachers Advisors LLC boosted its stake in shares of Caesars Acquisition by 4.5% in the first quarter. Teachers Advisors LLC now owns 84,306 shares of the company’s stock worth $1,298,000 after buying an additional 3,655 shares during the period. Stonehill Capital Management LLC bought a new stake in shares of Caesars Acquisition during the first quarter worth $4,757,000. American International Group Inc. boosted its stake in shares of Caesars Acquisition by 7.1% in the first quarter. American International Group Inc. now owns 29,337 shares of the company’s stock worth $452,000 after buying an additional 1,943 shares during the period. OMERS ADMINISTRATION Corp bought a new stake in shares of Caesars Acquisition during the first quarter worth $3,196,000. Finally, Parametric Portfolio Associates LLC boosted its stake in shares of Caesars Acquisition by 34.4% in the first quarter. Parametric Portfolio Associates LLC now owns 55,210 shares of the company’s stock worth $850,000 after buying an additional 14,145 shares during the period. Hedge funds and other institutional investors own 56.05% of the company’s stock.

Shares of Caesars Acquisition Company (CACQ) traded up 1.32% during mid-day trading on Friday, hitting $19.20. The stock had a trading volume of 144,089 shares. The firm has a market cap of $2.67 billion, a PE ratio of 4.43 and a beta of 0.59. Caesars Acquisition Company has a 52 week low of $10.00 and a 52 week high of $20.75. The stock has a 50 day moving average price of $19.50 and a 200 day moving average price of $17.07.

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Separately, BidaskClub cut Caesars Acquisition from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th.

In related news, CFO Craig Justin Abrahams sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $19.66, for a total transaction of $393,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.17% of the company’s stock.

About Caesars Acquisition

Caesars Acquisition Company (CAC) owns voting membership units of Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and subsidiaries of Caesars Entertainment Corporation (CEC or Caesars Entertainment). CAC serves as CGP LLC’s managing member and sole holder of its outstanding voting units.

Want to see what other hedge funds are holding CACQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caesars Acquisition Company (NASDAQ:CACQ).

Institutional Ownership by Quarter for Caesars Acquisition (NASDAQ:CACQ)

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