Caesars Entertainment, Inc. $CZR Stock: Sterling Capital Management LLC Grows Stake

Sterling Capital Management LLC raised its stake in Caesars Entertainment, Inc. (NASDAQ:CZR) by 296.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,070 shares of the company’s stock after buying 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 filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in CZR. Yousif Capital Management LLC grew its position in shares of Caesars Entertainment by 120.0% during the 3rd quarter. Yousif Capital Management LLC now owns 79,749 shares of the company’s stock worth $2,365,000 after buying an additional 43,492 shares during the period. Root Financial Partners LLC bought a new stake in shares of Caesars Entertainment in the 3rd quarter valued at about $33,000. SBI Securities Co. Ltd. increased its stake in shares of Caesars Entertainment by 482.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,456 shares of the company’s stock valued at $73,000 after acquiring an additional 2,034 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Caesars Entertainment by 1,402.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 67,365 shares of the company’s stock valued at $1,997,000 after acquiring an additional 62,882 shares during the period. Finally, Integrated Advisors Network LLC acquired a new stake in shares of Caesars Entertainment in the 3rd quarter valued at approximately $315,000. Institutional investors and hedge funds own 91.79% of the company’s stock.

Insider Transactions at Caesars Entertainment

In other news, CMO Josh Jones sold 59,507 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $29.72, for a total transaction of $1,768,548.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Blackhurst Janis L. Jones sold 33,899 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $29.63, for a total value of $1,004,427.37. The SEC filing for this sale provides additional information. Insiders have sold a total of 322,682 shares of company stock worth $9,565,403 in the last 90 days. Company insiders own 1.18% of the company’s stock.

Caesars Entertainment Trading Down 0.5%

Shares of CZR opened at $28.85 on Wednesday. The stock has a 50 day simple moving average of $29.51 and a 200 day simple moving average of $27.56. Caesars Entertainment, Inc. has a 52-week low of $17.86 and a 52-week high of $30.88.

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

Key Caesars Entertainment News

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

Analysts Set New Price Targets

Several research firms recently weighed in on CZR. Capital One Financial lowered shares of Caesars Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Barclays reaffirmed an “equal weight” rating and issued a $31.00 target price (down from $35.00) on shares of Caesars Entertainment in a research note on Thursday, July 9th. Zacks Research raised shares of Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. TD Cowen lowered shares of Caesars Entertainment from a “buy” rating to a “hold” rating and set a $31.00 price target for the company. in a report on Wednesday, July 29th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Caesars Entertainment in a report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Caesars Entertainment currently has an average rating of “Hold” and an average target price of $30.71.

Caesars Entertainment Company 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.