Name: Desjardins Global Asset Management Inc. Purchases 5,177 Shares of Caesars Entertainment, Inc. (NASDAQ:CZR)
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Desjardins Global Asset Management Inc. Purchases 5,177 Shares of Caesars Entertainment, Inc. (NASDAQ:CZR)

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Skip to main contentPosted by onDesjardins Global Asset Management Inc. increased its position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report) by 796.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor owned 5,827 shares of the company’s stock after acquiring an additional 5,177 shares during the quarter. Desjardins Global Asset Management Inc.’s holdings in Caesars Entertainment were worth $297,000 as of its most recent SEC filing.Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Caesars Entertainment by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 22,308,591 shares of the company’s stock worth $719,676,000 after purchasing an additional 224,057 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Caesars Entertainment by 3.9% in the 1st quarter. BlackRock Inc. now owns 18,038,618 shares of the company’s stock valued at $880,465,000 after acquiring an additional 676,512 shares during the last quarter. Point Break Capital Management LLC boosted its holdings in shares of Caesars Entertainment by 10.3% in the 1st quarter. Point Break Capital Management LLC now owns 10,617,833 shares of the company’s stock valued at $821,396,000 after acquiring an additional 987,230 shares during the last quarter. State Street Corp boosted its holdings in shares of Caesars Entertainment by 2.0% in the 3rd quarter. State Street Corp now owns 7,736,439 shares of the company’s stock valued at $249,578,000 after acquiring an additional 148,184 shares during the last quarter. Finally, Capital International Investors boosted its holdings in shares of Caesars Entertainment by 2.9% in the 1st quarter. Capital International Investors now owns 4,965,083 shares of the company’s stock valued at $384,099,000 after acquiring an additional 140,802 shares during the last quarter. Institutional investors own 91.32% of the company’s stock.Caesars Entertainment stock opened at $43.90 on Tuesday. Caesars Entertainment, Inc. has a 12-month low of $38.33 and a 12-month high of $60.27. The stock has a market cap of $9.47 billion, a P/E ratio of 13.43 and a beta of 2.91. The company has a 50-day moving average price of $46.82 and a 200 day moving average price of $48.44. The company has a current ratio of 0.73, a quick ratio of 0.71 and a debt-to-equity ratio of 2.58.Caesars Entertainment (NASDAQ:CZR – Get Free Report) last announced its earnings results on Tuesday, October 31st. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.07. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.94 billion. Caesars Entertainment had a net margin of 6.16% and a return on equity of 5.94%. Caesars Entertainment’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 earnings per share. Sell-side analysts anticipate that Caesars Entertainment, Inc. will post 1.42 earnings per share for the current year.In other news, CAO Stephanie Lepori sold 33,282 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $51.70, for a total value of $1,720,679.40. Following the completion of the transaction, the chief accounting officer now owns 41,910 shares of the company’s stock, valued at $2,166,747. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.64% of the stock is currently owned by insiders.CZR has been the topic of several recent research reports. Capital One Financial initiated coverage on shares of Caesars Entertainment in a report on Thursday, October 12th. They issued an “equal weight” rating and a $51.00 price objective on the stock. StockNews.com downgraded shares of Caesars Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Truist Financial lowered their price target on shares of Caesars Entertainment from $70.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, November 1st. Bank of America increased their price target on shares of Caesars Entertainment from $55.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Finally, TheStreet raised shares of Caesars Entertainment from a “d” rating to a “c-” rating in a report on Friday, August 4th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Caesars Entertainment currently has an average rating of “Moderate Buy” and an average price target of $65.82.View Our Latest Research Report on Caesars Entertainment(Free Report)Caesars Entertainment, Inc operates as a gaming and hospitality company in the United States. The company owns, leases, or manages domestic properties in 16 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 sports wagering across 28 jurisdictions in North America, including mobile for sports betting and regulated online real money gaming in six jurisdictions in North America; retail and online gaming and sports betting; and other games, such as keno.Want to see what other hedge funds are holding CZR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report).Receive News &amp; Ratings for Caesars Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.Desjardins Global Asset Management Inc. Raises Stock Position in Nio Inc –Ventas, Inc. Stake Cut by Desjardins Global Asset Management Inc.Desjardins Global Asset Management Inc. Purchases 5,177 Shares of Caesars Entertainment, Inc.Vestmark Advisory Solutions Inc. Buys 2,748 Shares of Hormel Foods Co.Ventas, Inc. Shares Sold by Desjardins Global Asset Management Inc.Desjardins Global Asset Management Inc. Acquires 2,069 Shares of Arrow Electronics, Inc.Complete the form below to receive the latest headlines and analysts' recommendations for Caesars Entertainment with MarektBeat's free daily email newsletter:

Skip to main contentPosted by onDesjardins Global Asset Management Inc. increased its position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report) by 796.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor owned 5,827 shares of the company’s stock after acquiring an additional 5,177 shares during the quarter. Desjardins Global Asset Management Inc.’s holdings in Caesars Entertainment were worth $297,000 as of its most recent SEC filing.Other large investors have also recently...

Desjardins Global Asset Management Inc. Purchases 5,177 Shares of Caesars Entertainment, Inc. (NASDAQ:CZR)

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