Northern Trust Corp grew its position in Caesars Entertainment Corporation (NASDAQ:CZR) by 4.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 629,548 shares of the company’s stock after acquiring an additional 25,709 shares during the quarter. Northern Trust Corp owned approximately 0.42% of Caesars Entertainment Corporation worth $7,555,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA increased its holdings in shares of Caesars Entertainment Corporation by 88.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 10,449 shares of the company’s stock valued at $125,000 after acquiring an additional 4,892 shares during the last quarter. KCG Holdings Inc. bought a new stake in shares of Caesars Entertainment Corporation in the 1st quarter valued at approximately $116,000. Airain ltd bought a new stake in shares of Caesars Entertainment Corporation in the 2nd quarter valued at approximately $161,000. American International Group Inc. grew its stake in Caesars Entertainment Corporation by 7.1% during the 1st quarter. American International Group Inc. now owns 34,743 shares of the company’s stock worth $332,000 after buying an additional 2,295 shares during the last quarter. Finally, Neuberger Berman Group LLC bought a new position in Caesars Entertainment Corporation during the 2nd quarter worth $434,000. Institutional investors and hedge funds own 77.10% of the company’s stock.

A number of brokerages recently commented on CZR. BidaskClub downgraded Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Nomura began coverage on Caesars Entertainment Corporation in a research note on Friday, October 6th. They set a “neutral” rating and a $14.00 price objective for the company. Zacks Investment Research upgraded Caesars Entertainment Corporation from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Tuesday, August 8th. ValuEngine downgraded Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Wolfe Research began coverage on Caesars Entertainment Corporation in a research note on Friday, July 21st. They set an “outperform” rating and a $16.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $14.39.

Caesars Entertainment Corporation (NASDAQ CZR) opened at $12.50 on Friday. The company has a debt-to-equity ratio of -1.69, a current ratio of 0.48 and a quick ratio of 0.48. Caesars Entertainment Corporation has a 12-month low of $6.85 and a 12-month high of $13.60.

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Caesars Entertainment Corporation Company Profile

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 resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.

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

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