Is Buying Caesars Entertainment Corporation (NASDAQ:CZR) Here Good Idea?

September 17, 2017 - By Linda Rogers

 Is Buying Caesars Entertainment Corporation (NASDAQ:CZR) Here Good Idea?

Investors sentiment increased to 1.38 in Q4 2016. Its up 0.23, from 1.15 in 2016Q3. It increased, as 17 investors sold Caesars Entertainment Corp shares while 25 reduced holdings. 23 funds opened positions while 35 raised stakes. 94.32 million shares or 1.05% more from 93.34 million shares in 2016Q3 were reported.
Swiss National Bank & Trust owns 82,100 shares for 0% of their portfolio. Us Bancshares De invested in 0% or 2,669 shares. Nomura Inc stated it has 0% in Caesars Entertainment Corp (NASDAQ:CZR). Long Pond Cap Limited Partnership reported 2.82M shares or 1.13% of all its holdings. Tower Research Lc (Trc) stated it has 0% in Caesars Entertainment Corp (NASDAQ:CZR). Apollo Ltd Partnership invested 6.02% in Caesars Entertainment Corp (NASDAQ:CZR). Bancshares Of Nova Scotia reported 393,900 shares. Walleye Trading Limited Company holds 82,425 shares or 0% of its portfolio. Canyon Capital Advsr Ltd Llc has invested 0.63% in Caesars Entertainment Corp (NASDAQ:CZR). Credit Suisse Ag stated it has 0% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR). Aperio Gru Ltd Liability reported 16,965 shares. Principal Group Inc stated it has 0% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR). Alliancebernstein Lp reported 51,950 shares stake. Price T Rowe Assocs Inc Md reported 0% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR). Wellington Management Group Limited Liability Partnership holds 0% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR) for 23,014 shares.

The stock of Caesars Entertainment Corporation (NASDAQ:CZR) registered an increase of 9.01% in short interest. CZR’s total short interest was 37.62M shares in September as published by FINRA. Its up 9.01% from 34.51M shares, reported previously. With 2.11 million shares average volume, it will take short sellers 18 days to cover their CZR’s short positions. The short interest to Caesars Entertainment Corporation’s float is 86.63%.

The stock increased 0.84% or $0.1 on September 15, reaching $11.95. About 4.96 million shares traded or 161.05% up from the average. Caesars Entertainment Corp (NASDAQ:CZR) has risen 62.44% since September 17, 2016 and is uptrending. It has outperformed by 45.74% the S&P500.

Caesars Entertainment Corporation is a holding company. The company has market cap of $1.78 billion. The Firm provides casino-entertainment and hospitality services. It currently has negative earnings. The Company’s divisions include Caesars Entertainment Resort Properties, LLC , Caesars Growth Partners, LLC (CGP) and Other.

Caesars Entertainment Corp (NASDAQ:CZR) Ratings Coverage

Among 3 analysts covering Caesars Entertainment (NASDAQ:CZR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Caesars Entertainment had 4 analyst reports since December 14, 2015 according to SRatingsIntel. The stock of Caesars Entertainment Corp (NASDAQ:CZR) earned “Buy” rating by Oppenheimer on Wednesday, May 31. Barclays Capital maintained Caesars Entertainment Corp (NASDAQ:CZR) on Monday, December 14 with “Underweight” rating. The firm has “Buy” rating given on Tuesday, June 6 by Oppenheimer.

More important recent Caesars Entertainment Corp (NASDAQ:CZR) news were published by: Prnewswire.com which released: “Caesars Entertainment Corporation to Participate in the Bank of America …” on September 13, 2017, also Reviewjournal.com published article titled: “2 Southern Nevada gaming titans jump on winding down of DACA”, Reviewjournal.com published: “Caesars unit clears Nevada hurdle in bankruptcy emergence” on August 24, 2017. More interesting news about Caesars Entertainment Corp (NASDAQ:CZR) was released by: Reviewjournal.com and their article: “Nevada pursues more business information for database” with publication date: September 01, 2017.

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