Citigroup Inc. lessened its stake in Caesars Acquisition Company (NASDAQ:CACQ) by 28.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,479 shares of the company’s stock after selling 23,081 shares during the quarter. Citigroup Inc.’s holdings in Caesars Acquisition were worth $1,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Caesars Acquisition by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 7,018,921 shares of the company’s stock valued at $108,091,000 after purchasing an additional 350,840 shares in the last quarter. Pentwater Capital Management LP increased its holdings in shares of Caesars Acquisition by 38.4% in the 1st quarter. Pentwater Capital Management LP now owns 1,706,613 shares of the company’s stock valued at $26,282,000 after purchasing an additional 473,277 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Caesars Acquisition by 2.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,358,697 shares of the company’s stock valued at $20,924,000 after purchasing an additional 35,526 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in shares of Caesars Acquisition by 37.7% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 285,741 shares of the company’s stock valued at $5,443,000 after purchasing an additional 78,225 shares in the last quarter. Finally, AXA purchased a new position in shares of Caesars Acquisition in the 2nd quarter valued at about $5,374,000. Institutional investors and hedge funds own 56.48% of the company’s stock.

Separately, BidaskClub downgraded shares of Caesars Acquisition from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th.

Caesars Acquisition Company (NASDAQ CACQ) opened at 21.25 on Friday. The stock has a market cap of $2.95 billion, a P/E ratio of 4.91 and a beta of 0.64. Caesars Acquisition Company has a one year low of $10.00 and a one year high of $22.05. The stock has a 50 day moving average of $19.42 and a 200-day moving average of $18.35.

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

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