Terril Brothers Inc. Makes New $20.21 Million Investment in Caesars Entertainment, Inc. $CZR

Terril Brothers Inc. bought a new position in Caesars Entertainment, Inc. (NASDAQ:CZRFree Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 864,090 shares of the company’s stock, valued at approximately $20,211,000. Caesars Entertainment accounts for approximately 5.3% of Terril Brothers Inc.’s portfolio, making the stock its 8th largest holding.

A number of other institutional investors have also bought and sold shares of CZR. Hantz Financial Services Inc. raised its position in shares of Caesars Entertainment by 110.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 510 shares during the period. Sunbelt Securities Inc. raised its position in shares of Caesars Entertainment by 181.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock valued at $28,000 after buying an additional 672 shares during the period. CoreCap Advisors LLC raised its position in shares of Caesars Entertainment by 44.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock valued at $37,000 after buying an additional 488 shares during the period. Stance Capital LLC purchased a new stake in shares of Caesars Entertainment during the 3rd quarter valued at approximately $43,000. Finally, Zions Bancorporation National Association UT raised its position in shares of Caesars Entertainment by 5,384.4% during the 3rd quarter. Zions Bancorporation National Association UT now owns 1,755 shares of the company’s stock valued at $47,000 after buying an additional 1,723 shares during the period. 91.79% of the stock is owned by hedge funds and other institutional investors.

Caesars Entertainment Stock Down 0.3%

Caesars Entertainment stock opened at $28.38 on Wednesday. Caesars Entertainment, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $31.58. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.83 and a current ratio of 0.85. The firm has a 50 day moving average price of $27.22 and a 200 day moving average price of $24.36. The company has a market capitalization of $5.78 billion, a PE ratio of -11.97 and a beta of 1.77.

Caesars Entertainment (NASDAQ:CZRGet Free Report) last posted its earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.24). Caesars Entertainment had a negative net margin of 4.19% and a negative return on equity of 7.88%. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same quarter last year, the business posted ($0.54) EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts expect that Caesars Entertainment, Inc. will post -0.36 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Truist Financial lifted their price target on shares of Caesars Entertainment from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Jefferies Financial Group lifted their price target on shares of Caesars Entertainment from $24.00 to $26.00 and gave the company a “hold” rating in a research report on Monday, April 6th. Susquehanna lifted their price target on shares of Caesars Entertainment from $32.00 to $34.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Stifel Nicolaus reduced their price target on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $33.27.

Read Our Latest Stock Report on Caesars Entertainment

Caesars Entertainment Company Profile

(Free Report)

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.

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

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