Caxton Associates LP purchased a new position in shares of Caesars Entertainment Corporation (NASDAQ:CZR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 276,890 shares of the company’s stock, valued at approximately $3,323,000. Caxton Associates LP owned about 0.19% of Caesars Entertainment Corporation as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in Caesars Entertainment Corporation by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 90,530 shares of the company’s stock worth $1,088,000 after buying an additional 1,110 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Caesars Entertainment Corporation by 3.0% in the first quarter. Wells Fargo & Company MN now owns 43,804 shares of the company’s stock valued at $418,000 after purchasing an additional 1,273 shares during the last quarter. American International Group Inc. grew its position in shares of Caesars Entertainment Corporation by 7.1% in the first quarter. American International Group Inc. now owns 34,743 shares of the company’s stock valued at $332,000 after purchasing an additional 2,295 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its position in shares of Caesars Entertainment Corporation by 10.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 38,533 shares of the company’s stock valued at $368,000 after purchasing an additional 3,525 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its position in shares of Caesars Entertainment Corporation by 8.7% in the first quarter. UBS Asset Management Americas Inc. now owns 47,571 shares of the company’s stock valued at $454,000 after purchasing an additional 3,800 shares during the last quarter. 76.68% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on CZR shares. Zacks Investment Research downgraded Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub raised Caesars Entertainment Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. ValuEngine raised Caesars Entertainment Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Instinet started coverage on Caesars Entertainment Corporation in a research report on Friday. They issued a “neutral” rating and a $14.00 target price on the stock. Finally, SunTrust Banks, Inc. started coverage on Caesars Entertainment Corporation in a research report on Friday, September 15th. They issued a “buy” rating and a $14.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $14.39.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2017/10/09/caxton-associates-lp-purchases-shares-of-276890-caesars-entertainment-corporation-czr.html.

Shares of Caesars Entertainment Corporation (NASDAQ:CZR) traded down 1.367% during midday trading on Monday, hitting $12.625. The company had a trading volume of 998,409 shares. The company’s market capitalization is $1.88 billion. Caesars Entertainment Corporation has a 12-month low of $6.70 and a 12-month high of $13.60. The company’s 50-day moving average price is $12.08 and its 200 day moving average price is $11.55.

Caesars Entertainment Corporation (NASDAQ:CZR) last released its quarterly earnings data on Thursday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.47). The company had revenue of $1 billion for the quarter, compared to analyst estimates of $2.11 billion. Equities research analysts predict that Caesars Entertainment Corporation will post $0.06 earnings per share for the current fiscal year.

About Caesars Entertainment Corporation

Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company’s segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options.

Institutional Ownership by Quarter for Caesars Entertainment Corporation (NASDAQ:CZR)

Receive News & Ratings for Caesars Entertainment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment Corporation and related companies with MarketBeat.com's FREE daily email newsletter.