New York State Common Retirement Fund Decreases Stock Holdings in Caesars Entertainment, Inc. (NASDAQ:CZR)

New York State Common Retirement Fund trimmed its stake in shares of Caesars Entertainment, Inc. (NASDAQ:CZRFree Report) by 14.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,040 shares of the company’s stock after selling 29,786 shares during the period. New York State Common Retirement Fund owned about 0.08% of Caesars Entertainment worth $8,252,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Aspire Private Capital LLC grew its holdings in Caesars Entertainment by 172.8% in the fourth quarter. Aspire Private Capital LLC now owns 401 shares of the company’s stock valued at $16,681,600,000 after purchasing an additional 254 shares during the period. Covestor Ltd grew its holdings in Caesars Entertainment by 958.7% in the first quarter. Covestor Ltd now owns 1,154 shares of the company’s stock valued at $89,000 after purchasing an additional 1,045 shares during the period. Northwest Capital Management Inc acquired a new stake in Caesars Entertainment in the second quarter valued at approximately $64,000. Centaurus Financial Inc. lifted its position in shares of Caesars Entertainment by 19.3% in the first quarter. Centaurus Financial Inc. now owns 1,412 shares of the company’s stock valued at $109,000 after acquiring an additional 228 shares in the last quarter. Finally, UniSuper Management Pty Ltd purchased a new position in shares of Caesars Entertainment in the second quarter valued at approximately $76,000. 91.32% of the stock is owned by institutional investors and hedge funds.

Caesars Entertainment Price Performance

NASDAQ:CZR opened at $44.50 on Friday. Caesars Entertainment, Inc. has a 52 week low of $38.33 and a 52 week high of $60.27. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $9.60 billion, a P/E ratio of 13.61 and a beta of 2.85. The stock’s fifty day moving average is $45.43 and its two-hundred day moving average is $47.52.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CZR. StockNews.com downgraded Caesars Entertainment from a “buy” rating to a “hold” rating in a research report on Monday, January 1st. Barclays decreased their target price on Caesars Entertainment from $75.00 to $67.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 1st. JMP Securities began coverage on Caesars Entertainment in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $65.00 target price on the stock. Morgan Stanley decreased their target price on Caesars Entertainment from $50.00 to $48.00 and set an “equal weight” rating on the stock in a research report on Monday, November 13th. Finally, Stifel Nicolaus decreased their target price on Caesars Entertainment from $70.00 to $67.00 and set a “buy” rating on the stock in a research report on Thursday, January 18th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $64.08.

View Our Latest Report on Caesars Entertainment

About Caesars Entertainment

(Free Report)

Caesars Entertainment, Inc operates as a gaming and hospitality company in the United States. The company owns, leases, or manages domestic properties in 16 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts sports wagering across 28 jurisdictions in North America, including mobile for sports betting and regulated online real money gaming in six jurisdictions in North America; retail and online gaming and sports betting; and other games, such as keno.

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

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