121,739 Shares in Caesars Entertainment Corporation (CZR) Purchased by OxFORD Asset Management LLP

OxFORD Asset Management LLP acquired a new stake in shares of Caesars Entertainment Corporation (NASDAQ:CZR) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 121,739 shares of the company’s stock, valued at approximately $1,461,000. OxFORD Asset Management LLP owned about 0.08% of Caesars Entertainment Corporation as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hosking Partners LLP purchased a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at about $4,409,000. American International Group Inc. raised its stake in shares of Caesars Entertainment Corporation by 7.1% during the 1st quarter. American International Group Inc. now owns 34,743 shares of the company’s stock valued at $332,000 after buying an additional 2,295 shares during the last quarter. Monarch Partners Asset Management LLC purchased a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at about $7,628,000. Eagle Asset Management Inc. purchased a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at about $18,119,000. Finally, Artemis Investment Management LLP purchased a new position in shares of Caesars Entertainment Corporation during the 2nd quarter valued at about $4,385,000. Institutional investors and hedge funds own 76.68% of the company’s stock.

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Caesars Entertainment Corporation (NASDAQ:CZR) opened at 12.35 on Wednesday. The stock’s market cap is $1.84 billion. The company has a 50 day moving average price of $12.14 and a 200 day moving average price of $11.63. Caesars Entertainment Corporation has a 52 week low of $6.70 and a 52 week high of $13.60.

Caesars Entertainment Corporation (NASDAQ:CZR) last issued its earnings results on Thursday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.47). The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $2.11 billion. Analysts expect that Caesars Entertainment Corporation will post $0.06 EPS for the current fiscal year.

A number of research firms have weighed in on CZR. BidaskClub lowered Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday. Instinet assumed coverage on Caesars Entertainment Corporation in a research note on Friday, October 6th. They issued a “neutral” rating and a $14.00 price target for the company. Nomura assumed coverage on Caesars Entertainment Corporation in a research note on Friday, October 6th. They issued a “neutral” rating and a $14.00 price target for the company. ValuEngine lowered Caesars Entertainment Corporation from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research lowered Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. Caesars Entertainment Corporation has an average rating of “Hold” and a consensus target price of $14.39.

Caesars Entertainment Corporation Company Profile

Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company’s segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options.

Institutional Ownership by Quarter for Caesars Entertainment Corporation (NASDAQ:CZR)

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