Neuberger Berman Group LLC Invests $24.50 Million in Caesars Acquisition (CACQ) Stock
Neuberger Berman Group LLC purchased a new position in Caesars Acquisition (NASDAQ:CACQ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,142,275 shares of the company’s stock, valued at approximately $24,502,000. Neuberger Berman Group LLC owned approximately 0.82% of Caesars Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. boosted its holdings in Caesars Acquisition by 17.6% in the second 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. FNY Partners Fund LP acquired a new stake in Caesars Acquisition in the second quarter worth about $142,000. Americafirst Capital Management LLC boosted its holdings in Caesars Acquisition by 49.0% in the second quarter. Americafirst Capital Management LLC now owns 8,392 shares of the company’s stock worth $160,000 after acquiring an additional 2,760 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Caesars Acquisition by 249.9% in the second 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, SG Americas Securities LLC acquired a new stake in Caesars Acquisition in the third quarter worth about $196,000. 56.48% of the stock is owned by institutional investors and hedge funds.
Shares of Caesars Acquisition (CACQ) opened at $21.25 on Friday. The firm has a market capitalization of $2,950.00 and a PE ratio of 4.89. Caesars Acquisition has a twelve month low of $10.00 and a twelve month high of $22.05.
Caesars Acquisition Profile
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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