Caesars Entertainment, Inc. $CZR Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC increased its holdings in shares of Caesars Entertainment, Inc. (NASDAQ:CZR) by 296.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,070 shares of the company’s stock after purchasing an additional 17,995 shares during the quarter. Sterling Capital Management LLC’s holdings in Caesars Entertainment were worth $714,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Caesars Entertainment during the 2nd quarter worth about $830,001,000. Pentwater Capital Management LP bought a new position in shares of Caesars Entertainment in the 2nd quarter valued at about $346,014,000. Janus Henderson Group PLC grew its holdings in shares of Caesars Entertainment by 5.8% in the 1st quarter. Janus Henderson Group PLC now owns 6,529,700 shares of the company’s stock valued at $172,582,000 after acquiring an additional 355,760 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Caesars Entertainment in the second quarter valued at about $96,169,000. Finally, Bamco Inc. NY acquired a new stake in shares of Caesars Entertainment in the second quarter valued at about $49,624,000. Institutional investors own 91.79% of the company’s stock.

Caesars Entertainment Stock Performance

Caesars Entertainment stock opened at $28.85 on Wednesday. The company’s 50-day moving average is $29.51 and its 200-day moving average is $27.56. Caesars Entertainment, Inc. has a fifty-two week low of $17.86 and a fifty-two week high of $30.88.

Caesars Entertainment (NASDAQ:CZR) last issued its earnings results on Tuesday, October 27th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.49). The firm had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the firm posted ($0.27) earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts predict that Caesars Entertainment, Inc. will post -0.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CZR shares. Barclays reiterated an “equal weight” rating and set a $31.00 target price (down from $35.00) on shares of Caesars Entertainment in a report on Thursday, July 9th. Susquehanna restated a “neutral” rating on shares of Caesars Entertainment in a research note on Monday. Capital One Financial lowered Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. TD Cowen lowered Caesars Entertainment from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a research report on Wednesday, July 29th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Caesars Entertainment in a research note on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Caesars Entertainment has a consensus rating of “Hold” and a consensus target price of $30.71.

Insiders Place Their Bets

In other Caesars Entertainment news, CMO Josh Jones sold 59,507 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $29.72, for a total value of $1,768,548.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Bret Yunker sold 208,134 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $29.62, for a total value of $6,164,929.08. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 322,682 shares of company stock worth $9,565,403. Company insiders own 1.18% of the company’s stock.

Caesars Entertainment News Summary

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Regional casinos delivered stronger growth than Caesars’ Las Vegas properties, suggesting the company’s geographically diversified portfolio continues to provide support. Caesars Entertainment records stronger regional casino growth than with Vegas properties
• Neutral Sentiment: Caesars reported third-quarter revenue of approximately $2.94 billion, compared with analysts’ estimate of $2.96 billion. The relatively modest sales miss indicates that the main disappointment came from profitability rather than a major revenue shortfall. Caesars Entertainment, Inc. Reports Third Quarter 2026 Results
• Negative Sentiment: Adjusted results were weak: Caesars posted a loss of $0.61 per share, far below the expected loss of $0.12 and worse than the $0.27 loss reported a year earlier. The earnings miss was the clearest catalyst for negative sentiment. Caesars Entertainment Reports Q3 Loss, Lags Revenue Estimates
• Negative Sentiment: Investors remain concerned about Caesars’ elevated financing burden. Coverage highlighted roughly $570 million in interest expense, which limits earnings conversion and reinforces balance-sheet risks given the company’s high leverage. Caesars Entertainment Q3 2026: A $570M Interest Bill and a Buyout Exit

Caesars Entertainment Profile

Caesars Entertainment, Inc is a gaming, hospitality and entertainment company that operates casino resorts and related businesses primarily in the United States. Its properties offer casino gaming, hotel accommodations, restaurants, bars, entertainment venues, meeting and convention facilities, and other leisure amenities.

The company operates well-known destinations in Las Vegas, including Caesars Palace, Paris Las Vegas, Planet Hollywood Resort & Casino, and The Cromwell, as well as regional casinos and resorts across several U.S.