Sentiment for Caesars Entertainment Corp (NASDAQ:CZR)
Caesars Entertainment Corp (NASDAQ:CZR) institutional sentiment decreased to 0.96 in 2019 Q2. Its down -0.45, from 1.41 in 2019Q1. The ratio dropped, as 128 institutional investors increased and started new stock positions, while 133 sold and decreased their stakes in Caesars Entertainment Corp. The institutional investors in our partner’s database now hold: 677.81 million shares, down from 735.99 million shares in 2019Q1. Also, the number of institutional investors holding Caesars Entertainment Corp in their top 10 stock positions was flat from 18 to 18 for the same number . Sold All: 53 Reduced: 80 Increased: 73 New Position: 55.
Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company has market cap of $8.80 billion. The firm operates through two divisions, Caesars Entertainment Resort Properties, and Caesars Growth Partners Casino Properties and Developments. It currently has negative earnings. It operates 15,000 slot machines and 1,200 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company's casinos, as well as banquets and room service.
The stock decreased 0.15% or $0.02 during the last trading session, reaching $12.93. About 15.47M shares traded or 66.74% up from the average. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 7.64% since December 4, 2018 and is uptrending. It has outperformed by 7.64% the S&P500.
Analysts await Caesars Entertainment Corporation (NASDAQ:CZR) to report earnings on February, 20. They expect $-0.09 earnings per share, up 50.00 % or $0.09 from last year’s $-0.18 per share. After $-0.09 actual earnings per share reported by Caesars Entertainment Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.
Lafitte Capital Management Lp holds 17.52% of its portfolio in Caesars Entertainment Corporation for 3.08 million shares. Canyon Capital Advisors Llc owns 62.39 million shares or 14.97% of their US portfolio. Moreover, Silver Point Capital L.P. has 14.68% invested in the company for 10.00 million shares. The New York-based Litespeed Management L.L.C. has invested 8.62% in the stock. Jabodon Pt Co, a Nevada-based fund reported 652,510 shares.
Caesars Entertainment Corporation (NASDAQ:CZR) Ratings Coverage
Ratings analysis reveals 0 of Caesars Entertainment Corporation – Common Stock’s analysts are positive. Out of 3 Wall Street analysts rating Caesars Entertainment Corporation – Common Stock, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $1200 while the high is $12.75. The stock’s average target of $12.42 is -3.94% below today’s ($12.93) share price. CZR was included in 5 notes of analysts from June 25, 2019. Nomura downgraded Caesars Entertainment Corporation (NASDAQ:CZR) on Tuesday, June 25 to “Neutral” rating. SunTrust downgraded the stock to “Hold” rating in Tuesday, June 25 report. The rating was downgraded by Morgan Stanley on Tuesday, June 25 to “Equal-Weight”.
More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Finance.Yahoo.com which released: “Moore Kuehn, PLLC Announces Investigation of Caesars Entertainment Corp. (NASDAQ: CZR) – Yahoo Finance” on July 23, 2019, also Seekingalpha.com with their article: “Las Vegas M&A picks up – Seeking Alpha” published on September 24, 2019, Fool.com published: “Carl Icahn Will Push for a Sale of Caesars Entertainment – Motley Fool” on March 12, 2019. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Caesars Entertainment tops EBITDAR expectations – Seeking Alpha” published on August 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Caesars Entertainment Corporation (NASDAQ:CZR) Might Not Be A Great Investment – Yahoo Finance” with publication date: June 11, 2019.
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