Traders sold shares of Caesars Entertainment Corporation (NASDAQ:CZR) on strength during trading hours on Wednesday. $7.76 million flowed into the stock on the tick-up and $26.79 million flowed out of the stock on the tick-down, for a money net flow of $19.03 million out of the stock. Of all stocks tracked, Caesars Entertainment Corporation had the 0th highest net out-flow for the day. Caesars Entertainment Corporation traded up $0.10 for the day and closed at $13.15

CZR has been the subject of several research reports. Zacks Investment Research raised shares of 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 cut shares of Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. BidaskClub raised shares of Caesars Entertainment Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. SunTrust Banks, Inc. began coverage on shares of Caesars Entertainment Corporation in a research note on Friday, September 15th. They set a “buy” rating and a $14.00 price objective for the company. Finally, Instinet began coverage on shares of Caesars Entertainment Corporation in a research report on Friday, October 6th. They set a “neutral” rating and a $14.00 price target for the company. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $14.39.

The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of -1.69.

Institutional investors have recently modified their holdings of the company. Davidson Kempner Capital Management LP acquired a new stake in shares of Caesars Entertainment Corporation in the 2nd quarter valued at about $5,378,000. Hosking Partners LLP acquired a new stake in shares of Caesars Entertainment Corporation in the 2nd quarter valued at about $4,409,000. Monarch Partners Asset Management LLC acquired a new stake in shares of Caesars Entertainment Corporation in the 2nd quarter valued at about $7,628,000. Eagle Asset Management Inc. acquired a new stake in shares of Caesars Entertainment Corporation in the 2nd quarter valued at about $18,119,000. Finally, DSAM Partners London Ltd raised its stake in shares of Caesars Entertainment Corporation by 56.8% in the 3rd quarter. DSAM Partners London Ltd now owns 1,317,879 shares of the company’s stock valued at $17,594,000 after purchasing an additional 477,646 shares in the last quarter. Institutional investors and hedge funds own 18.43% of the company’s stock.

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

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