Axa Purchases Shares of 282,100 Caesars Acquisition Company (CACQ)
Axa purchased a new position in shares of Caesars Acquisition Company (NASDAQ:CACQ) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 282,100 shares of the company’s stock, valued at approximately $5,374,000. Axa owned approximately 0.20% of Caesars Acquisition as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in Caesars Acquisition by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,765 shares of the company’s stock worth $129,000 after acquiring an additional 1,012 shares in the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Caesars Acquisition during the 1st quarter worth approximately $166,000. Marshall Wace North America L.P. acquired a new position in Caesars Acquisition during the 1st quarter worth approximately $166,000. BNP Paribas Arbitrage SA grew its holdings in Caesars Acquisition by 249.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,297 shares of the company’s stock worth $177,000 after acquiring an additional 6,640 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in Caesars Acquisition by 3.3% during the 2nd quarter. Legal & General Group Plc now owns 11,571 shares of the company’s stock worth $221,000 after acquiring an additional 370 shares in the last quarter. Institutional investors own 56.48% of the company’s stock.
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Caesars Acquisition Company (CACQ) opened at 19.25 on Friday. The firm has a market cap of $2.68 billion, a PE ratio of 4.44 and a beta of 0.60. Caesars Acquisition Company has a 12-month low of $10.00 and a 12-month high of $20.75. The firm’s 50-day moving average is $18.82 and its 200 day moving average is $17.75.
Separately, BidaskClub cut shares of Caesars Acquisition from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd.
About Caesars Acquisition
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.
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