Cohen & Steers Inc. Sells 1,386,510 Shares of Caesars Entertainment, Inc. $CZR

Cohen & Steers Inc. cut its stake in shares of Caesars Entertainment, Inc. (NASDAQ:CZR) by 9.2% during the 4th quarter, Holdings Channel reports. The fund owned 13,640,237 shares of the company’s stock after selling 1,386,510 shares during the period. Cohen & Steers Inc. owned about 0.07% of Caesars Entertainment worth $319,060,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in shares of Caesars Entertainment by 47.7% during the first quarter. AQR Capital Management LLC now owns 39,297 shares of the company’s stock valued at $953,000 after buying an additional 12,698 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Caesars Entertainment by 8.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,830 shares of the company’s stock valued at $496,000 after buying an additional 1,623 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Caesars Entertainment by 106.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,599,273 shares of the company’s stock valued at $39,982,000 after buying an additional 826,356 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Caesars Entertainment by 40.7% during the first quarter. Woodline Partners LP now owns 17,952 shares of the company’s stock valued at $449,000 after buying an additional 5,192 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Caesars Entertainment by 0.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 506,585 shares of the company’s stock valued at $12,665,000 after buying an additional 3,198 shares during the last quarter. 91.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

CZR has been the subject of a number of analyst reports. Susquehanna upgraded shares of Caesars Entertainment from a “positive” rating to a “positive” rating in a report on Friday, May 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $31.00 price objective (down from $35.00) on shares of Caesars Entertainment in a report on Friday, May 29th. Stifel Nicolaus reduced their price objective on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Texas Capital cut shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. Finally, Citizens Jmp lifted their price objective on shares of Caesars Entertainment from $34.00 to $35.00 and gave the company a “market outperform” rating in a report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Caesars Entertainment presently has a consensus rating of “Hold” and a consensus target price of $32.80.

Caesars Entertainment Stock Performance

Shares of CZR stock opened at $29.49 on Friday. The firm has a market cap of $6.01 billion, a price-to-earnings ratio of -12.44 and a beta of 1.77. The company has a debt-to-equity ratio of 3.25, a quick ratio of 0.83 and a current ratio of 0.85. Caesars Entertainment, Inc. has a 52 week low of $17.86 and a 52 week high of $31.58. The firm’s 50-day simple moving average is $27.88 and its two-hundred day simple moving average is $25.16.

Caesars Entertainment (NASDAQ:CZR) last announced its quarterly earnings data on Tuesday, April 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.24). The company had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.85 billion. Caesars Entertainment had a negative return on equity of 7.88% and a negative net margin of 4.19%.The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.54) EPS. As a group, equities analysts forecast that Caesars Entertainment, Inc. will post -0.49 earnings per share for the current year.

Trending Headlines about Caesars Entertainment

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

• Positive Sentiment: Caesars highlighted promotional and brand-building activity, including an exclusive CZR Exchange VIP event tied to the Monaco Grand Prix, which may support customer engagement and awareness. CZR Exchange Hosts Exclusive VIP Trading Community Experience During Monaco Grand Prix 2026
• Neutral Sentiment: Shareholders approved directors, executive compensation, and the auditor at the annual meeting, which removes some governance uncertainty but is not a major operating catalyst.
• Negative Sentiment: Multiple law firms are investigating Caesars Entertainment over the fairness of its proposed sale to Fertitta Entertainment, creating a legal and deal-related overhang for CZR. Shareholder Alert: Ademi LLP investigates whether Caesars Entertainment, Inc. is obtaining a Fair Price for Public Shareholders
• Negative Sentiment: Recent insider selling by executives and directors, including large share disposals by Edmund Quatmann Jr. and Michael E. Pegram, may be pressuring sentiment because it can signal reduced confidence at current levels.
• Negative Sentiment: Analyst sentiment remains cautious, with the stock carrying a consensus “Hold” rating and no fresh bullish catalyst to offset the litigation and insider-sale concerns.

Insider Activity

In other Caesars Entertainment news, Director Michael E. Pegram sold 16,897 shares of Caesars Entertainment stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $29.46, for a total value of $497,785.62. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Edmund L. Quatmann, Jr. sold 81,566 shares of Caesars Entertainment stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $29.35, for a total transaction of $2,393,962.10. Following the completion of the sale, the insider directly owned 18,263 shares in the company, valued at approximately $536,019.05. This represents a 81.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 293,463 shares of company stock worth $8,609,241. Insiders own 1.18% of the company’s stock.

Caesars Entertainment Company 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.