Caesars Entmt Corp (CZR) Shareholder Soros Fund Management LLC Increased Stake by $378.50 Million

April 14, 2018 - By Norman Soto

Caesars Entertainment Corporation (NASDAQ:CZR) Corporate LogoDuring Q4 2017 the big money sentiment increased to 4.4. That’s change of 2.81, from 2017Q3’s 1.59. 16 investors sold all, 29 reduced holdings as CZR ratio is positive. 83 rose holdings while 115 funds acquired holdings. Funds hold 1.25 billion shares thus 802.48% more from 2017Q3’s 138.17 million shares. Parallax Volatility Advisers LP invested 0% of its capital in Caesars Entertainment Corporation (NASDAQ:CZR). Voya Inv Management Ltd Liability Company holds 61,742 shs or 0% of its capital. Virtus Invest Advisers Inc reported 6,615 shs or 0% of all its holdings. Qcm Cayman Ltd holds 1.54% or 29,398 shs in its capital. Hsbc Holding Public Ltd Com invested in 0% or 78,452 shs. Corsair Capital Lp stated it has 1.82 million shs or 4.11% of all its holdings. Stone Ridge Asset Limited Liability invested in 0.06% or 71,758 shs. Stevens Mgmt Lp has 101,465 shs for 0.05% of their capital. 536,907 were reported by Clearline L P. Systematic Financial Management Limited Partnership reported 3.63 million shs. Tower Capital Ltd Liability Company (Trc) invested in 0% or 847 shs. Green Square Ltd Com owns 10,000 shs. Wellington Mngmt Grp Llp stated it has 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Northern reported 1.47M shs. Farmstead Cap Lc holds 13.53% or 1.60M shs in its capital.

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

The stake In Caesars Entmt Corp (CZR) was upped owned by George Soros. According to 2017Q4 Securities and Exchange form the reduction is 1066.9%. 31.54 million shares were bought by Soros Fund Management Llc as the company’s stock declined 12.35% with the market. At the end of 2017Q4, the 34.50M shares of the hotels and resorts company held by the hedge fund run by George Soros were priced at $436.41 million, up from 2.96M at the end of the previous reported quarter. $7.53B is Caesars Entmt Corp’s MC. 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 the S&P 500 by 7.37%.

About $4.37 billion US Long portfolio the Soros Fund Management Llc manages. According to a filing the fund reduced its stake in Model N Inc (NYSE:MODN) by 1.77 million shares to 386,761 shares, valued at $6.09M in 2017Q4. Soros Fund Management Llc has cut its stake in Time Warner Inc (NYSE:TWX) and also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 185,900 shares in the quarter, for a total of 14,100 shares.

Caesars Entertainment Corporation (NASDAQ:CZR) Ratings Coverage

In total 3 analysts cover Caesars (NASDAQ:CZR). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. 67% are bullish. With $16.0 highest and $14 lowest [Target] Caesars has $15 average [Target] or 36.36% above the current ($11) price. 4 are the (NASDAQ:CZR)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. On Wednesday, March 7 the firm earned “Buy” rating by Nomura. On Monday, February 5 the stock of Caesars Entertainment Corporation (NASDAQ:CZR) earned “Buy” rating by SunTrust. On Tuesday, October 24 SunTrust maintained Caesars Entertainment Corporation (NASDAQ:CZR) rating. SunTrust has “Buy” rating and $14.0 target.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Investors Chart

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