New York State Common Retirement Fund increased its holdings in shares of Caesars Entertainment Corporation (NASDAQ:CZR) by 14.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,800 shares of the company’s stock after purchasing an additional 7,999 shares during the period. New York State Common Retirement Fund’s holdings in Caesars Entertainment Corporation were worth $754,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. KCG Holdings Inc. purchased a new position in Caesars Entertainment Corporation in the 1st quarter valued at about $116,000. BNP Paribas Arbitrage SA boosted its position in Caesars Entertainment Corporation by 88.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 10,449 shares of the company’s stock valued at $125,000 after buying an additional 4,892 shares during the last quarter. Airain ltd purchased a new position in Caesars Entertainment Corporation in the 2nd quarter valued at about $161,000. Karp Capital Management Corp purchased a new position in Caesars Entertainment Corporation in the 1st quarter valued at about $177,000. Finally, American International Group Inc. boosted its position in Caesars Entertainment Corporation by 7.1% in the 1st quarter. American International Group Inc. now owns 34,743 shares of the company’s stock valued at $332,000 after buying an additional 2,295 shares during the last quarter. 77.10% of the stock is owned by hedge funds and other institutional investors.

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Shares of Caesars Entertainment Corporation (NASDAQ:CZR) opened at $12.95 on Wednesday. The company has a debt-to-equity ratio of -1.69, a quick ratio of 0.48 and a current ratio of 0.48. Caesars Entertainment Corporation has a 12 month low of $6.75 and a 12 month high of $13.60.

A number of research firms have weighed in on CZR. Zacks Investment Research cut shares of Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. ValuEngine cut shares of Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. BidaskClub raised shares of Caesars Entertainment Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Imperial Capital began coverage on shares of Caesars Entertainment Corporation in a research report on Wednesday, July 19th. They issued an “outperform” rating and a $15.50 price objective for the company. Finally, Nomura initiated coverage on shares of Caesars Entertainment Corporation in a research report on Friday, October 6th. They issued a “neutral” rating and a $14.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. Caesars Entertainment Corporation has a consensus rating of “Hold” and a consensus target price of $14.39.

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.

Institutional Ownership by Quarter for Caesars Entertainment Corporation (NASDAQ:CZR)

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