Stevens Capital Management LP bought a new stake in shares of Caesars Entertainment Corporation (NASDAQ:CZR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,826 shares of the company’s stock, valued at approximately $185,000.

A number of other institutional investors and hedge funds have also modified their holdings of CZR. Davidson Kempner Capital Management LP bought a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at $5,378,000. Hosking Partners LLP bought a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at $4,409,000. Monarch Partners Asset Management LLC bought a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at $7,628,000. Eagle Asset Management Inc. bought a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at $18,119,000. Finally, DSAM Partners London Ltd lifted its holdings in shares of Caesars Entertainment Corporation by 56.8% during the 3rd quarter. DSAM Partners London Ltd now owns 1,317,879 shares of the company’s stock valued at $17,594,000 after buying an additional 477,646 shares during the period. Institutional investors and hedge funds own 18.43% of the company’s stock.

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A number of brokerages recently commented on CZR. Zacks Investment Research cut Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. ValuEngine cut Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BidaskClub cut Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Finally, SunTrust Banks, Inc. began coverage on Caesars Entertainment Corporation in a report on Friday, September 15th. They issued a “buy” rating and a $14.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.39.

Caesars Entertainment Corporation (NASDAQ CZR) opened at $13.15 on Thursday. 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 has a 12-month low of $7.05 and a 12-month high of $13.60.

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)

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