M&T Bank Corp acquired a new stake in Caesars Entertainment, Inc. (NASDAQ:CZR – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 64,236 shares of the company’s stock, valued at approximately $1,502,000.
A number of other large investors have also added to or reduced their stakes in the business. ING Groep NV lifted its position in shares of Caesars Entertainment by 80.2% in the 3rd quarter. ING Groep NV now owns 599,854 shares of the company’s stock worth $16,211,000 after purchasing an additional 266,917 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Caesars Entertainment by 317.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 3,274,430 shares of the company’s stock worth $76,589,000 after buying an additional 2,490,924 shares during the period. Principal Financial Group Inc. increased its position in shares of Caesars Entertainment by 56.4% during the third quarter. Principal Financial Group Inc. now owns 1,700,389 shares of the company’s stock worth $45,953,000 after buying an additional 612,837 shares during the period. Capital World Investors increased its position in shares of Caesars Entertainment by 29.8% during the third quarter. Capital World Investors now owns 16,193,070 shares of the company’s stock worth $437,622,000 after buying an additional 3,716,148 shares during the period. Finally, LDR Capital Management LLC acquired a new stake in shares of Caesars Entertainment during the third quarter worth $1,172,000. Institutional investors own 91.79% of the company’s stock.
Analysts Set New Price Targets
CZR has been the subject of several recent analyst reports. Truist Financial increased their price objective on shares of Caesars Entertainment from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. TD Cowen reiterated a “buy” rating on shares of Caesars Entertainment in a research report on Wednesday, January 21st. Barclays decreased their price objective on shares of Caesars Entertainment from $39.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Caesars Entertainment in a research report on Wednesday, January 21st. Finally, Morgan Stanley increased their price objective on shares of Caesars Entertainment from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Caesars Entertainment currently has a consensus rating of “Hold” and a consensus price target of $33.27.
Caesars Entertainment Stock Performance
Shares of CZR stock opened at $27.38 on Thursday. The company has a market cap of $5.58 billion, a price-to-earnings ratio of -11.27 and a beta of 1.87. Caesars Entertainment, Inc. has a 52 week low of $17.86 and a 52 week high of $31.58. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 3.17. The firm has a 50 day moving average of $26.21 and a 200-day moving average of $23.59.
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 ($0.19) by ($0.29). The company had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.84 billion. Caesars Entertainment had a negative return on equity of 7.97% and a negative net margin of 4.37%.The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned ($0.54) EPS. On average, equities analysts forecast that Caesars Entertainment, Inc. will post -0.12 earnings per share for the current year.
Caesars Entertainment News Roundup
Here are the key news stories impacting Caesars Entertainment this week:
- Positive Sentiment: Citizens JMP raised its price target to $35 and kept a “market outperform” rating, implying ~27.8% upside versus the current share price — a clear bullish signal from an institutional analyst. Benzinga
- Positive Sentiment: Susquehanna lifted its target to $34 and maintained a “positive” rating, signaling ~24% upside and reinforcing analyst optimism after the quarter. Benzinga
- Positive Sentiment: Stifel trimmed its target slightly (from $36 to $35) but kept a “buy” rating, still implying substantial upside and continuity in buy-side conviction. Benzinga TickerReport
- Neutral Sentiment: Company materials and transcripts from the Q1 call are available for deeper analysis — useful for investors evaluating revenue mix, segment trends (Las Vegas, regional, digital) and management commentary. Q1 Earnings Call Transcript Q1 Presentation
- Neutral Sentiment: Zacks and other coverage note the quarter shows modest revenue growth (roughly +2.7% YoY) with steady Las Vegas sales and gains in regional/digital channels — important context despite mixed profitability. Zacks—Key Metrics
- Negative Sentiment: Wells Fargo set an “equal weight” rating and a $26 target, implying downside from current levels — a cautious take that could cap near-term upside if followed by other institutional sellers. Benzinga TickerReport
- Negative Sentiment: Q1 EPS missed materially: reported loss was ($0.48) vs. consensus ($0.19) — a sizable shortfall that tempers enthusiasm from price-target raises and highlights margin/expense pressures despite a revenue beat. MarketBeat Earnings Zacks—EPS Miss
About Caesars Entertainment
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.
See Also
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