Caesars Entertainment Corp (NASDAQ:CZR) Stock Price While Sentiment Improves

November 14, 2017 - By Vivian Currie

 Caesars Entertainment Corp (NASDAQ:CZR) Stock Price  While Sentiment  Improves

Sentiment for Caesars Entertainment Corp (NASDAQ:CZR)

Caesars Entertainment Corp (NASDAQ:CZR) institutional sentiment decreased to 1.8 in 2017 Q2. Its down -0.29, from 2.09 in 2017Q1. The ratio has dropped, as 88 funds opened new and increased holdings, while 49 trimmed and sold positions in Caesars Entertainment Corp. The funds in our partner’s database now have: 112.87 million shares, up from 99.13 million shares in 2017Q1. Also, the number of funds holding Caesars Entertainment Corp in their top 10 holdings increased from 2 to 6 for an increase of 4. Sold All: 24 Reduced: 25 Increased: 48 New Position: 40.

Caesars Entertainment Corporation is a holding company. The company has market cap of $8.73 billion. The Firm provides casino-entertainment and hospitality services. It currently has negative earnings. The Company’s divisions include Caesars Entertainment Resort Properties, LLC , Caesars Growth Partners, LLC (CGP) and Other.

It closed at $12.4 lastly. It is down 62.44% since November 14, 2016 and is uptrending. It has outperformed by 45.74% the S&P500.

Analysts expect Caesars Entertainment Corp (NASDAQ:CZR) to report $14.85 EPS on February, 13.They anticipate $18.73 EPS change or 482.73 % from last quarter’s $-3.88 EPS. CZR’s profit would be $10.45 billion giving it 0.21 P/E if the $14.85 EPS is correct. After having $-1.19 EPS previously, Caesars Entertainment Corp’s analysts see -1,347.90 % EPS growth.

Morgens Waterfall Vintiadis & Co Inc holds 5.65% of its portfolio in Caesars Entertainment Corp for 485,000 shares. Apollo Management Holdings L.P. owns 26.50 million shares or 4.67% of their US portfolio. Moreover, Lorber David A has 2.77% invested in the company for 16,999 shares. The Connecticut-based Frontfour Capital Group Llc has invested 2.7% in the stock. Stepstone Group Lp, a California-based fund reported 346,293 shares.#img1#

Caesars Entertainment Corp (NASDAQ:CZR) Ratings Coverage

Ratings analysis reveals 40% of Caesars Entertainment’s analysts are positive. Out of 5 Wall Street analysts rating Caesars Entertainment, 2 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $9 while the high is $1500. The stock’s average target of $13.20 is 6.45% above today’s ($12.4) share price. CZR was included in 7 notes of analysts from December 14, 2015. The rating was maintained by SunTrust on Tuesday, October 24 with “Buy”. The firm has “Buy” rating given on Tuesday, June 6 by Oppenheimer. On Friday, October 6 the stock rating was initiated by Nomura with “Hold”. The firm earned “Underweight” rating on Monday, December 14 by Barclays Capital. Oppenheimer initiated the stock with “Buy” rating in Wednesday, May 31 report.

More notable recent Caesars Entertainment Corp (NASDAQ:CZR) news were published by: Prnewswire.com which released: “Caesars Entertainment Announces Tender Offers for Debt Securities” on November 03, 2017, also Nasdaq.com with their article: “January 2020 Options Now Available For Caesars Entertainment (CZR)” published on November 13, 2017, Prnewswire.com published: “Caesars Entertainment Announces Pricing of $265 Million Add-On to Existing …” on October 23, 2017. More interesting news about Caesars Entertainment Corp (NASDAQ:CZR) were released by: Prnewswire.com and their article: “Caesars Entertainment Corporation to Report 2017 Third Quarter Results on …” published on October 26, 2017 as well as Prnewswire.com‘s news article titled: “Caesars Entertainment Reports Strong Financial Results for the Third Quarter …” with publication date: November 01, 2017.

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