Marnell Management LLC Makes New Investment in Caesars Entertainment, Inc. $CZR

Marnell Management LLC bought a new position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,945 shares of the company’s stock, valued at approximately $513,000.

Several other large investors also recently modified their holdings of the stock. Capital World Investors increased its stake in shares of Caesars Entertainment by 29.8% during the 3rd quarter. Capital World Investors now owns 16,193,070 shares of the company’s stock worth $437,622,000 after purchasing an additional 3,716,148 shares during the last quarter. State Street Corp increased its stake in shares of Caesars Entertainment by 0.8% during the 2nd quarter. State Street Corp now owns 7,569,822 shares of the company’s stock worth $214,907,000 after purchasing an additional 61,065 shares during the last quarter. Morgan Stanley increased its stake in shares of Caesars Entertainment by 121.0% during the 4th quarter. Morgan Stanley now owns 7,141,899 shares of the company’s stock worth $167,049,000 after purchasing an additional 3,910,430 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Caesars Entertainment by 246,899,900.0% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,938,000 shares of the company’s stock worth $115,500,000 after purchasing an additional 4,937,998 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its stake in shares of Caesars Entertainment by 0.4% during the 4th quarter. DAVENPORT & Co LLC now owns 4,339,172 shares of the company’s stock worth $101,797,000 after purchasing an additional 18,414 shares during the last quarter. Hedge funds and other institutional investors own 91.79% of the company’s stock.

Caesars Entertainment News Roundup

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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Jefferies Financial Group raised their price target on shares of Caesars Entertainment from $24.00 to $26.00 and gave the stock a “hold” rating in a research note on Monday, April 6th. Barclays decreased their price target on shares of Caesars Entertainment from $39.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. JPMorgan Chase & Co. restated a “neutral” rating and set a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a research note on Friday, May 29th. Finally, Raymond James Financial lowered shares of Caesars Entertainment from a “strong-buy” rating to a “market perform” rating in a research note on Friday, May 29th. Five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $32.80.

Caesars Entertainment Price Performance

Caesars Entertainment stock opened at $29.49 on Monday. Caesars Entertainment, Inc. has a 1-year low of $17.86 and a 1-year high of $31.58. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of -12.44 and a beta of 1.77. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 3.25. The firm has a 50 day simple moving average of $27.88 and a 200 day simple moving average of $25.19.

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

Insider Buying and Selling

In other news, insider Edmund L. Quatmann, Jr. sold 81,566 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $29.35, for a total transaction of $2,393,962.10. Following the completion of the transaction, the insider directly owned 18,263 shares in the company, valued at $536,019.05. The trade was a 81.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael E. Pegram sold 55,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $29.20, for a total transaction of $1,606,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 293,463 shares of company stock valued at $8,609,241 over the last quarter. 1.18% of the stock is owned by company insiders.

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.