Caesars Entertainment Corporation (CZR) Director John M. Boushy Buys 20,000 Shares
Caesars Entertainment Corporation (NASDAQ:CZR) Director John M. Boushy bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was acquired at an average cost of $12.64 per share, with a total value of $252,800.00. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at $252,800. The purchase was disclosed in a filing with the SEC, which is available at this link.
Caesars Entertainment Corporation (NASDAQ:CZR) traded up $0.05 during midday trading on Thursday, reaching $12.55. The company’s stock had a trading volume of 7,877,404 shares, compared to its average volume of 3,743,038. Caesars Entertainment Corporation has a one year low of $7.05 and a one year high of $13.60. The company has a debt-to-equity ratio of -1.69, a quick ratio of 0.48 and a current ratio of 0.48.
A number of hedge funds and other institutional investors have recently bought and sold shares of CZR. Shapiro Capital Management LLC bought a new position in Caesars Entertainment during the second quarter valued at about $51,714,000. Capital Research Global Investors raised its holdings in Caesars Entertainment by 61.1% during the second quarter. Capital Research Global Investors now owns 5,639,686 shares of the company’s stock valued at $67,676,000 after buying an additional 2,139,086 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Caesars Entertainment by 619.0% during the third quarter. Bank of New York Mellon Corp now owns 1,920,538 shares of the company’s stock valued at $25,639,000 after buying an additional 1,653,439 shares in the last quarter. Eagle Asset Management Inc. bought a new position in Caesars Entertainment during the second quarter valued at about $18,119,000. Finally, Nicholas Investment Partners LP bought a new position in Caesars Entertainment during the second quarter valued at about $18,000,000. Institutional investors own 20.47% of the company’s stock.
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Caesars Entertainment Company Profile
Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company’s segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company’s resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.
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