OMERS ADMINISTRATION Corp raised its position in shares of Caesars Acquisition Company (NASDAQ:CACQ) by 37.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,741 shares of the company’s stock after buying an additional 78,225 shares during the period. OMERS ADMINISTRATION Corp owned 0.21% of Caesars Acquisition worth $5,443,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CACQ. Victory Capital Management Inc. raised its stake in shares of Caesars Acquisition by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,765 shares of the company’s stock worth $129,000 after buying an additional 1,012 shares during the period. Marshall Wace North America L.P. raised its stake in shares of Caesars Acquisition by 1,703.0% in the second quarter. Marshall Wace North America L.P. now owns 200,081 shares of the company’s stock worth $3,802,000 after buying an additional 188,984 shares during the period. BNP Paribas Arbitrage SA raised its stake in shares of Caesars Acquisition by 249.9% in the second quarter. BNP Paribas Arbitrage SA now owns 9,297 shares of the company’s stock worth $177,000 after buying an additional 6,640 shares during the period. Legal & General Group Plc raised its stake in shares of Caesars Acquisition by 3.3% in the second quarter. Legal & General Group Plc now owns 11,571 shares of the company’s stock worth $221,000 after buying an additional 370 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Caesars Acquisition by 4.5% in the second quarter. Bank of New York Mellon Corp now owns 177,047 shares of the company’s stock worth $3,373,000 after buying an additional 7,651 shares during the period. Institutional investors own 56.48% of the company’s stock.

Shares of Caesars Acquisition Company (NASDAQ:CACQ) opened at 18.25 on Tuesday. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 4.21 and a beta of 0.59. The stock has a 50 day moving average price of $19.31 and a 200-day moving average price of $17.32. Caesars Acquisition Company has a 52 week low of $10.00 and a 52 week high of $20.75.

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Separately, BidaskClub lowered Caesars Acquisition from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd.

In related news, CFO Craig Justin Abrahams sold 20,000 shares of Caesars Acquisition 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.17% of the stock is currently owned by company insiders.

Caesars Acquisition Company Profile

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.

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

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