Thursday, 31 May 2018

Lamar Advertising Co New (LAMR) Shareholder Edgemoor Investment Advisors Upped Its Holding by $431,865 as Stock Price Declined; As Caesars Entertainment (CZR) Stock Price Declined, Holder Paloma Partners Management Company Cut Holding

Caesars Entertainment Corporation (NASDAQ:CZR) Logo

Paloma Partners Management Company decreased its stake in Caesars Entertainment Inc (CZR) by 62.7% based on its latest 2018Q1 regulatory filing with the SEC. Paloma Partners Management Company sold 286,620 shares as the company’s stock declined 5.30% with the market. The institutional investor held 170,525 shares of the hotels and resorts company at the end of 2018Q1, valued at $1.92M, down from 457,145 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Caesars Entertainment Inc for a number of months, seems to be less bullish one the $8.47 billion market cap company. The stock increased 0.41% or $0.05 during the last trading session, reaching $12.35. About 7.66 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 11.61% since May 31, 2017 and is uptrending. It has underperformed by 0.96% the S&P500.

Edgemoor Investment Advisors Inc increased its stake in Lamar Advertising Co New (LAMR) by 7.05% based on its latest 2018Q1 regulatory filing with the SEC. Edgemoor Investment Advisors Inc bought 6,855 shares as the company’s stock declined 5.60% with the market. The institutional investor held 104,068 shares of the real estate investment trusts company at the end of 2018Q1, valued at $6.63 million, up from 97,213 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in Lamar Advertising Co New for a number of months, seems to be bullish on the $6.85B market cap company. The stock increased 1.43% or $0.98 during the last trading session, reaching $69.6. About 524,425 shares traded. Lamar Advertising Company (NASDAQ:LAMR) has declined 2.93% since May 31, 2017 and is downtrending. It has underperformed by 15.50% the S&P500.

Among 7 analysts covering Caesars Entertainment (NASDAQ:CZR), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Caesars Entertainment had 11 analyst reports since December 14, 2015 according to SRatingsIntel. The stock has “Buy” rating by Oppenheimer on Wednesday, May 31. Barclays Capital maintained it with “Underweight” rating and $9 target in Monday, December 14 report. Oppenheimer maintained Caesars Entertainment Corporation (NASDAQ:CZR) rating on Tuesday, June 6. Oppenheimer has “Buy” rating and $1500 target. The firm has “Buy” rating given on Tuesday, October 24 by SunTrust. Nomura initiated the stock with “Hold” rating in Friday, October 6 report. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) has “Buy” rating given on Monday, February 5 by SunTrust. Nomura upgraded the shares of CZR in report on Wednesday, March 7 to “Buy” rating.

Since March 20, 2018, it had 0 insider buys, and 3 insider sales for $325.71 million activity. $324.76M worth of Caesars Entertainment Corporation (NASDAQ:CZR) was sold by TPG Group Holdings (SBS) Advisors – Inc. on Thursday, May 17.

Analysts await Caesars Entertainment Corporation (NASDAQ:CZR) to report earnings on August, 2. They expect $0.06 EPS, up 128.57% or $0.27 from last year’s $-0.21 per share. CZR’s profit will be $41.17 million for 51.46 P/E if the $0.06 EPS becomes a reality. After $-0.05 actual EPS reported by Caesars Entertainment Corporation for the previous quarter, Wall Street now forecasts -220.00% EPS growth.

Paloma Partners Management Company, which manages about $6.35B US Long portfolio, upped its stake in C by 15,661 shares to 23,261 shares, valued at $1.25M in 2018Q1, according to the filing. It also increased its holding in Rollins Inc (NYSE:ROL) by 25,785 shares in the quarter, for a total of 31,885 shares, and has risen its stake in Pioneer Natural Resources Co (NYSE:PXD).

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Seekingalpha.com which released: “Caesars Entertainment ready to pounce in sports betting” on May 18, 2018, also Seekingalpha.com with their article: “Has MGM Lost Its Way… Again?” published on May 31, 2018, Seekingalpha.com published: “Caesars Entertainment to move forward on sports betting” on May 14, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Vegas casinos face strike threat” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Caesars Entertainment 2018 Q1 – Results – Earnings Call Slides” with publication date: May 03, 2018.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 3.39, from 4.4 in 2017Q4. It dropped, as 49 investors sold CZR shares while 73 reduced holdings. 52 funds opened positions while 71 raised stakes. 650.61 million shares or 47.83% less from 1.25 billion shares in 2017Q4 were reported. Burney, Virginia-based fund reported 19,524 shares. Eagle Asset Mngmt Incorporated accumulated 0.01% or 136,858 shares. Whittier Tru holds 0% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR) for 4,061 shares. Balyasny Asset Mgmt Ltd Liability has 0.1% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 2.15 million shares. Tpg Gru (Sbs) Advsrs owns 54.20M shares. 8.31 million were reported by Point72 Asset Mgmt Ltd Partnership. 1.38 million were reported by Ancora Advsrs Ltd Liability. Jabre Cap Prtnrs Sa invested in 930,000 shares or 2.25% of the stock. Highline Mgmt Lp accumulated 3.78% or 9.83 million shares. Cambridge Invest Research has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Shapiro Cap Management Ltd Liability has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Moore Mgmt LP has 450,000 shares. Md Sass Investors Services has 4.23% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 3.23 million shares. Paloma Ptnrs Communication reported 170,525 shares. Los Angeles Mngmt & Equity Incorporated invested in 150,810 shares.

Among 12 analysts covering Lamar Advertising (NASDAQ:LAMR), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Lamar Advertising had 21 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Neutral” rating by M Partners on Thursday, March 8. Topeka Capital Markets maintained Lamar Advertising Company (NASDAQ:REIT) on Thursday, November 5 with “Hold” rating. The firm earned “Hold” rating on Friday, July 22 by Gabelli. M Partners maintained the shares of LAMR in report on Friday, January 8 with “Neutral” rating. The firm has “Buy” rating given on Tuesday, January 17 by Goldman Sachs. The firm has “Hold” rating by Wells Fargo given on Wednesday, July 26. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, September 18. The stock of Lamar Advertising Company (NASDAQ:REIT) earned “Neutral” rating by Citigroup on Friday, August 11. The stock has “Hold” rating by Topeka Capital Markets on Thursday, August 6. The stock has “Hold” rating by Topeka Capital Markets on Monday, September 21.

Investors sentiment increased to 1.1 in 2018 Q1. Its up 0.10, from 1 in 2017Q4. It improved, as 29 investors sold LAMR shares while 97 reduced holdings. 49 funds opened positions while 89 raised stakes. 79.91 million shares or 1.52% less from 81.15 million shares in 2017Q4 were reported. Ny State Teachers Retirement Sys reported 136,093 shares. 760,989 are held by Morgan Stanley. Riverhead Capital Mngmt Limited Liability Corporation holds 0.02% or 8,221 shares in its portfolio. Moreover, Magnetar Finance Limited Liability Co has 0.01% invested in Lamar Advertising Company (NASDAQ:REIT). Tiaa Cref Investment Management Ltd invested in 0.01% or 135,021 shares. Cohen & Steers accumulated 4.26M shares. Beese Fulmer Management has invested 0.32% in Lamar Advertising Company (NASDAQ:REIT). Advsrs Asset invested 0.04% in Lamar Advertising Company (NASDAQ:REIT). Walleye Trading Limited Company stated it has 2,547 shares. Frontier Mgmt invested 0% of its portfolio in Lamar Advertising Company (NASDAQ:REIT). Avenir Corp reported 10,520 shares. Virtu Fin Ltd Company reported 9,722 shares. 18,596 are owned by Teacher Retirement Of Texas. Schwab Charles Mngmt Incorporated has invested 0.02% in Lamar Advertising Company (NASDAQ:REIT). Whittier accumulated 105 shares or 0% of the stock.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Positions Chart

The post Lamar Advertising Co New (LAMR) Shareholder Edgemoor Investment Advisors Upped Its Holding by $431,865 as Stock Price Declined; As Caesars Entertainment (CZR) Stock Price Declined, Holder Paloma Partners Management Company Cut Holding appeared first on Stock Market News | HillCountryTimes | Get it Today.



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