683 Capital Management LLC Buys 54,000 Shares of Caesars Entertainment, Inc. $CZR

Posted by Brian Himes on Jun 18th, 2026

683 Capital Management LLC grew its stake in Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report) by 28.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 244,000 shares of the company’s stock after purchasing an additional 54,000 shares during the quarter. 683 Capital Management LLC’s holdings in Caesars Entertainment were worth $5,707,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital World Investors lifted its holdings in Caesars Entertainment by 29.8% during the 3rd quarter. Capital World Investors now owns 16,193,070 shares of the company’s stock worth $437,622,000 after purchasing an additional 3,716,148 shares during the last quarter. State Street Corp raised its position in shares of Caesars Entertainment by 0.8% in the second quarter. State Street Corp now owns 7,569,822 shares of the company’s stock valued at $214,907,000 after buying an additional 61,065 shares in the last quarter. Morgan Stanley raised its position in shares of Caesars Entertainment by 121.0% in the fourth quarter. Morgan Stanley now owns 7,141,899 shares of the company’s stock valued at $167,049,000 after buying an additional 3,910,430 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Caesars Entertainment by 246,899,900.0% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,938,000 shares of the company’s stock valued at $115,500,000 after buying an additional 4,937,998 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its position in shares of Caesars Entertainment by 0.4% in the fourth quarter. DAVENPORT & Co LLC now owns 4,339,172 shares of the company’s stock valued at $101,797,000 after buying an additional 18,414 shares in the last quarter. Institutional investors own 91.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CZR shares. Raymond James Financial downgraded shares of Caesars Entertainment from a “strong-buy” rating to a “market perform” rating in a research report on Friday, May 29th. 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. Texas Capital downgraded shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Zacks Research upgraded shares of Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a research report on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $32.53.

Get Our Latest Stock Report on Caesars Entertainment

Insider Activity at Caesars Entertainment

In other Caesars Entertainment news, Director Michael E. Pegram sold 55,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $29.20, for a total transaction of $1,606,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Edmund L. Quatmann, Jr. sold 81,566 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $29.35, for a total transaction of $2,393,962.10. Following the sale, the insider directly owned 18,263 shares in the company, valued at approximately $536,019.05. The trade was a 81.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 293,463 shares of company stock valued at $8,609,241. Company insiders own 1.18% of the company’s stock.

Caesars Entertainment Stock Down 0.3%

Shares of CZR opened at $29.21 on Thursday. Caesars Entertainment, Inc. has a one year low of $17.86 and a one year high of $31.58. The company has a market cap of $5.95 billion, a P/E ratio of -12.32 and a beta of 1.77. The company has a debt-to-equity ratio of 3.25, a current ratio of 0.85 and a quick ratio of 0.83. The firm has a 50 day simple moving average of $28.05 and a two-hundred day simple moving average of $25.34.

Caesars Entertainment (NASDAQ:CZR – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported ($0.48) EPS 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 firm had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the prior year, the firm earned ($0.54) earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts forecast that Caesars Entertainment, Inc. will post -0.49 EPS for the current fiscal year.

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.