Economy

Caesars Entertainment Corp (CZR) Shares Bought by Neuberger Berman Group LLC

The insider, BOUSHY JOHN M, now holds 20,000 shares of CZR. The total amount of shares outstanding is 715.35 million, giving the company a market capitalization of about 8.98 billion.

Insider trading over the last 12 months, however, paints a different picture. (HZO). Let's have a look at recent traded volume and some historical average volume information. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 62.44% since December 28, 2016 and is uptrending. It has outperformed by 45.74% the S&P500. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Boston Advisors Llc sold 9,604 shares as the company's stock declined 6.38% while stock markets rallied. This works out to a net increase in ownership of 27.53 million shares, and suggests that institutions are feeling bullish about the stock. The 7 months triangle pattern indicates high risk for the $8.80 billion company. Schwab Charles Investment Management Inc. lifted its holdings in Caesars Entertainment by 1.9% during the second quarter. MASSACHUSETTS FINANCIAL SERVICES CO /MA/ also announced decreased position in CVS Health Corporation (CVS) during the quarter. For the most recent quarter, quick ratio was 0.50, current ratio was 0.50, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio stands at 0, while Payout ratio is 0. The investor is now holding $19.43 million shares due in part to a decrease of 322675 new shares in their portfolio.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CZR. 138.17 million shares or 22.42% more from 112.87 million shares in 2017Q2 were reported.

Caesars Entertainment Corporation (NASDAQ:CZR) closed its last session at $12.55. Scopus Asset Mngmt Limited Partnership invested 0.21% in Caesars Entertainment Corporation (NASDAQ:CZR). Manufacturers Life The holds 0% or 46,649 shares in its portfolio. The legal version of this report can be viewed at https://www.thelincolnianonline.com/2017/12/28/caesars-entertainment-corporation-czr-receives-14-56-consensus-target-price-from-brokerages-updated.html. State Street Corp has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR).

Investors following shares of Caesars Entertainment Corp (CZR) may have seen that the stock has slid -5.11% over the last 4 weeks. 61,800 are owned by Strs Ohio. Lorber David A reported 17,868 shares. Ngam Advsrs Lp holds 270,410 shares. Lord Abbett Company Ltd Liability Company invested in 0.01% or 172,000 shares. Brant Point Investment Mgmt Ltd Liability holds 0.63% or 455,905 shares. A 23 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:WDC) or, if they already own its stock, sell it.

Caesars Entertainment (NASDAQ:CZR) traded up $0.05 during trading hours on Thursday, reaching $12.55. INC. with 35.73 million shares, VANGUARD GROUP INC with 16.58 million shares, SHAPIRO CAPITAL MANAGEMENT LLC with 13.1 million shares, and SOROS FUND MANAGEMENT LLC with 12.23 million shares. Western Digital Corporation (NASDAQ:WDC) earnings have risen with a quarterly rate of 8.9% over the last 5 years. 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. PRU's profit will be $1.08B for 11.34 P/E if the $2.54 EPS becomes a reality. After $-1.19 actual earnings per share reported by Caesars Entertainment Corporation for the previous quarter, Wall Street now forecasts -108.40 % EPS growth.

The collective rating of 1.8 for Caesars Entertainment Corporation (NASDAQ:CZR) also leans strongly towards the bullish end of the spectrum. Therefore 40% are positive. Neuberger Berman Group LLC owned 0.08% of Caesars Entertainment worth $7,341,000 as of its most recent SEC filing. SunTrust maintained Caesars Entertainment Corporation (NASDAQ:CZR) on Tuesday, October 24 with "Buy" rating. The company was maintained on Monday, December 14 by Barclays Capital. The firm has "Buy" rating by Oppenheimer given on Wednesday, May 31. The rating was initiated by Nomura with "Hold" on Friday, October 6.

Since August 7, 2017, it had 0 buys, and 2 selling transactions for $2.10 million activity. When RSI moves below 30, it is oversold and could lead to an upward move.



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