Thompson Siegel & Walmsley LLC Has $7.22 Million Stock Holdings in Caesars Entertainment, Inc. $CZR

Thompson Siegel & Walmsley LLC raised its stake in shares of Caesars Entertainment, Inc. (NASDAQ:CZR) by 31.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 308,496 shares of the company’s stock after purchasing an additional 73,545 shares during the period. Thompson Siegel & Walmsley LLC owned 0.15% of Caesars Entertainment worth $7,216,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. grew its stake in shares of Caesars Entertainment by 110.6% in the third quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 510 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of Caesars Entertainment by 181.6% in the third quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock worth $28,000 after acquiring an additional 672 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of Caesars Entertainment by 44.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after acquiring an additional 488 shares during the last quarter. Stance Capital LLC acquired a new stake in shares of Caesars Entertainment in the third quarter worth $43,000. Finally, Zions Bancorporation National Association UT grew its stake in shares of Caesars Entertainment by 5,384.4% in the third quarter. Zions Bancorporation National Association UT now owns 1,755 shares of the company’s stock worth $47,000 after acquiring an additional 1,723 shares during the last quarter. Institutional investors and hedge funds own 91.79% of the company’s stock.

Wall Street Analysts Forecast Growth

CZR has been the topic of several research analyst reports. Stifel Nicolaus lowered their price objective on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Wells Fargo & Company raised their price objective on shares of Caesars Entertainment from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 29th. Citigroup raised their price objective on shares of Caesars Entertainment from $23.00 to $30.00 and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Susquehanna upgraded shares of Caesars Entertainment from a “positive” rating to a “positive” rating in a research note on Friday. Finally, Jefferies Financial Group raised their price objective on shares of Caesars Entertainment from $24.00 to $26.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $32.47.

Caesars Entertainment Stock Up 0.3%

CZR opened at $29.15 on Tuesday. 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 current ratio of 0.85 and a quick ratio of 0.83. The firm’s fifty day moving average price is $27.35 and its two-hundred day moving average price is $24.62. The company has a market capitalization of $5.94 billion, a P/E ratio of -12.30 and a beta of 1.77.

Caesars Entertainment (NASDAQ:CZR) last posted its quarterly earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.24). The business had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.85 billion. Caesars Entertainment had a negative return on equity of 7.88% and a negative net margin of 4.19%.The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.54) EPS. On average, analysts anticipate that Caesars Entertainment, Inc. will post -0.5 EPS for the current year.

Caesars Entertainment Profile

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.