As Caesars Entmt Corp (CZR) Shares Declined, Shareholder Soros Fund Management LLC Increased Its Stake by $378.50 Million

April 14, 2018 - By Edith Ladford

Caesars Entertainment Corporation (NASDAQ:CZR) Corporate LogoBig Money Sentiment increased to 4.4 in Q4 2017. It has change of 2.81, from 2017Q3’s 1.59. The ratio is positive due to CZR positioning: 16 sold and 29 reduced. 115 funds acquired stakes and 83 increased stakes. Investors holded 138.17 million in 2017Q3 but now own 1.25 billion shares or 802.48% more. Moreover, Silver Point Cap LP has 20.08% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 15.42M shs. Artemis Investment Mngmt Ltd Liability Partnership holds 0.19% or 906,863 shs. Of Vermont holds 0% or 2,674 shs in its capital. Moreover, Voya Invest Management Ltd Co has 0% invested in Caesars Entertainment Corporation (NASDAQ:CZR). 63,792 were reported by Bnp Paribas Arbitrage Sa. Massachusetts-based Arrowstreet Cap Limited Partnership has invested 0.03% in Caesars Entertainment Corporation (NASDAQ:CZR). Ahl Prtn Ltd Liability Partnership has 60,438 shs for 0.01% of their capital. Prudential Public Limited Company reported 45,472 shs. Maplelane Capital Limited Liability Corp has 0.4% invested in Caesars Entertainment Corporation (NASDAQ:CZR). State Board Of Administration Of Florida Retirement Systems reported 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Eaton Vance Mngmt reported 2.09 million shs. Marathon Asset Limited Partnership reported 1.54M shs. Jabre Ptnrs reported 985,000 shs. Us Fincl Bank De owns 2,669 shs. The Georgia-based Suntrust Banks has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR).

CZR registered $66,825 net activity with 0 insider buys and 1 insider sale since March 20, 2018.

George Soros rose its stake by 1066.9% in Caesars Entmt Corp (CZR), according to 2017Q4 Securities and Exchange form. By buying 31.54M shares Soros Fund Management Llc made the stock sank with 12.35%. The hotels and resorts company at the end of 2017Q4 was priced at $436.41M. It’s up from 2.96 million at the end of the previous reported quarter. Now it had 34.50 million shares held by the hedge fund run by George Soros. $7.53B is the MC of Caesars Entmt Corp. Its shares touched $11 on during the last trading session after 2.65% change.Caesars Entertainment Corporation has volume of 7.24M shares. Since April 14, 2017 CZR has risen 18.92% and is uptrending. CZR outperformed by 7.37% the S&P 500.

About $4.37B US Long portfolio Soros Fund Management Llc operates. It reduced its stake in Targa Res Corp (NYSE:TRGP) by 150,000 shares to 66,430 shares, valued at $3.22 million in 2017Q4, according to the filing. Soros Fund Management Llc has cut its stake in Comcast Corp New (Call) (NASDAQ:CMCSA) and also reduced its holding in Adtalem Global Ed Inc by 507,413 shares in the quarter, for a total of 123,810 shares.

Caesars Entertainment Corporation (NASDAQ:CZR) Ratings Coverage

Total analysts of 3 have positions in Caesars (NASDAQ:CZR) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. The firm has $16.0 highest while $14 is the lowest [Target]. The average target $15 is 36.36% above the last ($11) price. Since October 24, 2017 according to StockzIntelligence Inc Caesars has 4 analyst reports. In Monday, February 5 report SunTrust maintained the stock with “Buy” rating. On Tuesday, October 24 the stock of Caesars Entertainment Corporation (NASDAQ:CZR) has “Buy” rating given by SunTrust. The company rating was upgraded by Nomura on Wednesday, March 7.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Investors Chart

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