Caesars Entertnmt (NASDAQ:CZR).
Hosking Partners LLP says it increased its ownership in Caesars Entertnmt stock by 182.5% in its quarterly SEC filing. Its position stood at $13,859,000 an increase of 214.3% as of quarter end.
These firms have modified their investment in CZR. Ubs Asset Management Americas Inc divested its stake by selling 17,779 shares a decrease of 98.5% as of 09/30/2017. Ubs Asset Management Americas Inc claims 264 shares valued at $3,524,000. The total value of its holdings decreased 98.4%. As of quarter end Eagle Asset Management Inc had acquired a total of 681,779 shares growing its stake by 45.2%. The value of the total investment in Caesars Entertnmt increased from $18,119,000 to $29,259,000 a change of $11,140,000 quarter over quarter.
Raymond James & Associates grew its investment by buying 10,000 shares an increase of 10.2%. Raymond James & Associates currently owns 108,515 shares worth $1,449,000. The value of the position overall is up by 22.6%.
Equity analyst Instinet released research on CZR with a rating of “Neutral”. Nomura released guidance on CZR by announcing an initial rating of “Neutral”.
On September 15, 2017 SunTrust Banks issued a report on CZR setting a rating of “Buy”.
The company is so far trading down since yesterday’s close of 12.4. The most current P/E ratio is N/A and the market cap is 8.63B. In the latest earnings report the EPS was $-20.44 with 704.13M shares outstanding.
Investors are a little more bullish on shares of the company if you consider the change in short interest. The stock had a fall in short interest of -24.36% as of the latest report on October 13, 2017. Short shares fell from 39,780,733 to 30,091,935 over that timeframe. The days to cover decreased to 3.0 and the percentage of shorted shares was 0.04% on October 13.