Voya Investment Management LLC boosted its holdings in Caesars Entertainment Corporation (NASDAQ:CZR) by 19.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,916 shares of the company’s stock after acquiring an additional 4,449 shares during the period. Voya Investment Management LLC’s holdings in Caesars Entertainment Corporation were worth $323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CZR. Dimensional Fund Advisors LP increased its stake in shares of Caesars Entertainment Corporation by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 90,530 shares of the company’s stock valued at $1,088,000 after purchasing an additional 1,110 shares during the period. American International Group Inc. increased its stake in shares of Caesars Entertainment Corporation by 7.1% in the first quarter. American International Group Inc. now owns 34,743 shares of the company’s stock valued at $332,000 after purchasing an additional 2,295 shares during the period. Metropolitan Life Insurance Co. NY increased its stake in shares of Caesars Entertainment Corporation by 10.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 38,533 shares of the company’s stock valued at $368,000 after purchasing an additional 3,525 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Caesars Entertainment Corporation by 8.7% in the first quarter. UBS Asset Management Americas Inc. now owns 47,571 shares of the company’s stock valued at $454,000 after purchasing an additional 3,800 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Caesars Entertainment Corporation by 5.7% in the second quarter. Rhumbline Advisers now owns 70,215 shares of the company’s stock valued at $843,000 after purchasing an additional 3,805 shares during the period. 16.62% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “Voya Investment Management LLC Acquires 4,449 Shares of Caesars Entertainment Corporation (CZR)” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/11/14/voya-investment-management-llc-acquires-4449-shares-of-caesars-entertainment-corporation-czr.html.

Several brokerages have commented on CZR. BidaskClub lowered shares of Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine lowered shares of Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Zacks Investment Research lowered shares of Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Nomura started coverage on shares of Caesars Entertainment Corporation in a research note on Friday, October 6th. They issued a “neutral” rating and a $14.00 price target on the stock. Finally, Instinet started coverage on shares of Caesars Entertainment Corporation in a research note on Friday, October 6th. They set a “neutral” rating and a $14.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $14.39.

Caesars Entertainment Corporation (NASDAQ:CZR) opened at $12.40 on Tuesday. Caesars Entertainment Corporation has a 12 month low of $6.85 and a 12 month high of $13.60. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of -1.69.

Caesars Entertainment Corporation Company Profile

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)

Receive News & Stock Ratings for Caesars Entertainment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment Corporation and related stocks with our FREE daily email newsletter.