Kentucky Retirement Methods trimmed its holdings in shares of Caesars Leisure, Inc. (NASDAQ:CZR – Free Report) by 7.6% in the course of the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The fund owned 15,071 shares of the corporate’s inventory after promoting 1,237 shares in the course of the quarter. Kentucky Retirement Methods’ holdings in Caesars Leisure have been value $629,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
Different institutional buyers and hedge funds have additionally lately added to or decreased their stakes within the firm. Vanguard Group Inc. grew its stake in Caesars Leisure by 0.3% in the course of the 1st quarter. Vanguard Group Inc. now owns 23,635,788 shares of the corporate’s inventory value $1,033,829,000 after shopping for an extra 75,898 shares over the past quarter. Gamco Traders INC. ET AL grew its stake in Caesars Leisure by 20.9% in the course of the 1st quarter. Gamco Traders INC. ET AL now owns 256,261 shares of the corporate’s inventory valued at $11,209,000 after buying an extra 44,213 shares over the past quarter. Hsbc Holdings PLC grew its stake in Caesars Leisure by 42.7% in the course of the 2nd quarter. Hsbc Holdings PLC now owns 485,077 shares of the corporate’s inventory valued at $19,148,000 after buying an extra 145,201 shares over the past quarter. Comerica Financial institution grew its stake in Caesars Leisure by 345.0% in the course of the 1st quarter. Comerica Financial institution now owns 107,355 shares of the corporate’s inventory valued at $4,696,000 after buying an extra 83,231 shares over the past quarter. Lastly, Gabelli Funds LLC grew its stake in Caesars Leisure by 28.0% in the course of the 2nd quarter. Gabelli Funds LLC now owns 143,900 shares of the corporate’s inventory valued at $5,719,000 after buying an extra 31,500 shares over the past quarter. 91.79% of the inventory is at present owned by hedge funds and different institutional buyers.
Analyst Rankings Modifications
A number of analysts have weighed in on CZR shares. Macquarie reiterated an “outperform” score and set a $50.00 worth goal on shares of Caesars Leisure in a analysis word on Wednesday, October thirtieth. Stifel Nicolaus boosted their worth goal on Caesars Leisure from $56.00 to $58.00 and gave the corporate a “purchase” score in a report on Wednesday, October ninth. StockNews.com raised Caesars Leisure from a “promote” score to a “maintain” score in a report on Thursday, October thirty first. Barclays decreased their worth goal on Caesars Leisure from $59.00 to $57.00 and set an “chubby” score for the corporate in a report on Wednesday, October thirtieth. Lastly, Jefferies Monetary Group decreased their worth goal on Caesars Leisure from $62.00 to $60.00 and set a “purchase” score for the corporate in a report on Wednesday, July thirty first. One analysis analyst has rated the inventory with a promote score, two have given a maintain score, eleven have issued a purchase score and one has given a powerful purchase score to the corporate. In line with MarketBeat, Caesars Leisure has a consensus score of “Reasonable Purchase” and a mean goal worth of $54.00.
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Caesars Leisure Inventory Up 2.3 %
Caesars Leisure inventory opened at $37.38 on Wednesday. Caesars Leisure, Inc. has a 1-year low of $31.74 and a 1-year excessive of $50.51. The corporate has a debt-to-equity ratio of two.84, a present ratio of 0.84 and a fast ratio of 0.82. The inventory has a market cap of $7.94 billion, a PE ratio of -22.38 and a beta of two.96. The inventory’s fifty day shifting common is $41.60 and its two-hundred day shifting common is $38.32.
Caesars Leisure (NASDAQ:CZR – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, October twenty ninth. The corporate reported ($0.04) earnings per share for the quarter, lacking analysts’ consensus estimates of $0.21 by ($0.25). Caesars Leisure had a detrimental web margin of three.20% and a detrimental return on fairness of 4.44%. The enterprise had income of $2.87 billion in the course of the quarter, in comparison with analyst estimates of $2.93 billion. Throughout the identical quarter within the prior 12 months, the enterprise earned $0.34 earnings per share. The agency’s quarterly income was down 4.0% on a year-over-year foundation. On common, sell-side analysts anticipate that Caesars Leisure, Inc. will put up -0.54 EPS for the present fiscal 12 months.
About Caesars Leisure
Caesars Leisure, Inc operates as a gaming and hospitality firm. The corporate owns, leases, or manages home properties in 18 states with slot machines, video lottery terminals and e-tables, and resort rooms, in addition to desk video games, together with poker. It additionally operates and conducts retail and on-line sports activities wagering throughout 31 jurisdictions in North America and operates iGaming in 5 jurisdictions in North America; sports activities betting from our retail and on-line sportsbooks; and different video games, equivalent to keno.
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