Caesars Entertainment, Inc. (NASDAQ:CZR) Shares Sold by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC decreased its position in Caesars Entertainment, Inc. (NASDAQ:CZR) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 835,337 shares of the company’s stock after selling 228,238 shares during the period. Caesars Entertainment makes up 3.5% of Capital Advisors Ltd. LLC’s holdings, making the stock its 5th biggest holding. Capital Advisors Ltd. LLC’s holdings in Caesars Entertainment were worth $27,917,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CZR. Bogart Wealth LLC grew its position in shares of Caesars Entertainment by 1,777.8% during the 4th quarter. Bogart Wealth LLC now owns 845 shares of the company’s stock worth $28,000 after buying an additional 800 shares during the period. Huntington National Bank grew its holdings in Caesars Entertainment by 3,203.8% in the third quarter. Huntington National Bank now owns 859 shares of the company’s stock worth $36,000 after purchasing an additional 833 shares during the period. Quarry LP acquired a new stake in Caesars Entertainment in the third quarter worth $68,000. Avior Wealth Management LLC increased its stake in Caesars Entertainment by 12,577.8% in the fourth quarter. Avior Wealth Management LLC now owns 2,282 shares of the company’s stock valued at $76,000 after purchasing an additional 2,264 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Caesars Entertainment by 9.8% during the third quarter. Signaturefd LLC now owns 2,788 shares of the company’s stock valued at $116,000 after purchasing an additional 248 shares during the period. Institutional investors own 91.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on CZR shares. Macquarie reaffirmed an “outperform” rating and issued a $50.00 target price on shares of Caesars Entertainment in a research report on Wednesday, October 30th. TD Cowen lowered their target price on Caesars Entertainment from $50.00 to $48.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Stifel Nicolaus decreased their price target on shares of Caesars Entertainment from $54.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Caesars Entertainment from $58.00 to $57.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. Finally, JMP Securities reduced their price objective on shares of Caesars Entertainment from $57.00 to $53.00 and set a “market outperform” rating for the company in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $51.21.

Caesars Entertainment Stock Performance

CZR stock opened at $35.34 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.84. The firm has a market cap of $7.51 billion, a PE ratio of -21.16 and a beta of 2.90. The business has a 50 day moving average of $34.72 and a 200-day moving average of $37.88. Caesars Entertainment, Inc. has a 12-month low of $30.78 and a 12-month high of $45.93.

Caesars Entertainment Company Profile

Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 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 retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.