---
title: "Pekin Hardy Strauss Inc. Purchases 27,596 Shares of Caesars Entertainment, Inc. $CZR"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264981061.md"
description: "Pekin Hardy Strauss Inc. increased its stake in Caesars Entertainment, Inc. by 14.7% in Q2, acquiring an additional 27,596 shares, bringing its total to 214,889 shares valued at $6.1 million. Other institutional investors also adjusted their holdings. Caesars reported a quarterly EPS of -$0.27, missing estimates, with revenue of $2.87 billion, down 0.2% year-over-year. Analysts have mixed ratings on the stock, with an average price target of $37.82 and a consensus rating of \"Moderate Buy.\""
datetime: "2025-11-08T13:06:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264981061.md)
  - [en](https://longbridge.com/en/news/264981061.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264981061.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/264981061.md) | [繁體中文](https://longbridge.com/zh-HK/news/264981061.md)


# Pekin Hardy Strauss Inc. Purchases 27,596 Shares of Caesars Entertainment, Inc. $CZR

Pekin Hardy Strauss Inc. grew its position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) by 14.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 214,889 shares of the company's stock after buying an additional 27,596 shares during the period. Pekin Hardy Strauss Inc. owned approximately 0.10% of Caesars Entertainment worth $6,101,000 at the end of the most recent quarter.

-   MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vontobel Holding Ltd. grew its stake in shares of Caesars Entertainment by 2.3% in the second quarter. Vontobel Holding Ltd. now owns 15,795 shares of the company's stock valued at $448,000 after acquiring an additional 356 shares in the last quarter. UMB Bank n.a. boosted its holdings in Caesars Entertainment by 52.0% in the 2nd quarter. UMB Bank n.a. now owns 1,049 shares of the company's stock valued at $30,000 after purchasing an additional 359 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of Caesars Entertainment by 1.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 25,652 shares of the company's stock worth $728,000 after purchasing an additional 476 shares in the last quarter. Resona Asset Management Co. Ltd. grew its position in shares of Caesars Entertainment by 35.8% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 1,809 shares of the company's stock worth $46,000 after purchasing an additional 477 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Caesars Entertainment by 69.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,164 shares of the company's stock worth $33,000 after purchasing an additional 478 shares during the period. Institutional investors and hedge funds own 91.79% of the company's stock.

Get **Caesars Entertainment** alerts:

## Caesars Entertainment Trading Down 3.9%

CZR opened at $19.16 on Friday. The company has a market cap of $3.91 billion, a P/E ratio of -16.66 and a beta of 2.32. The company has a current ratio of 0.78, a quick ratio of 0.76 and a debt-to-equity ratio of 6.23. The company's 50 day moving average is $24.07 and its 200-day moving average is $26.46. Caesars Entertainment, Inc. has a 1-year low of $18.25 and a 1-year high of $41.76.

-   Wynn Resorts: 6 Reasons to Ante Up for the Stock

Caesars Entertainment (NASDAQ:CZR - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.16). Caesars Entertainment had a negative net margin of 2.12% and a negative return on equity of 5.76%. The company had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.88 billion. During the same period in the previous year, the company earned ($0.04) EPS. Caesars Entertainment's revenue for the quarter was down .2% on a year-over-year basis. Equities research analysts predict that Caesars Entertainment, Inc. will post -0.77 earnings per share for the current fiscal year.

## Analyst Upgrades and Downgrades

A number of research firms have commented on CZR. Macquarie lowered their price objective on Caesars Entertainment from $40.00 to $33.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 29th. Cfra restated a "hold" rating and issued a $50.00 price target on shares of Caesars Entertainment in a research report on Friday, July 11th. Susquehanna cut their price objective on shares of Caesars Entertainment from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Friday, August 1st. Morgan Stanley reduced their price objective on shares of Caesars Entertainment from $32.00 to $31.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Finally, Citigroup restated a "market outperform" rating on shares of Caesars Entertainment in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $37.82.

-   How to Invest in Casino Stocks: Pros and Cons and More

**View Our Latest Stock Analysis on CZR**

## Caesars Entertainment Profile

(Free Report)

Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.

## Recommended Stories

-   Five stocks we like better than Caesars Entertainment
-   Energy and Oil Stocks Explained
-   DigitalOcean’s Tide Has Turned: Get Ready to Ride the Wave
-   3 Healthcare Dividend Stocks to Buy
-   CAVA Stock Looking for Direction After Earnings Miss
-   CD Calculator: Certificate of Deposit Calculator
-   3 Small AI Stocks Ready to Explode (All Under $20)

_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

## Should You Invest $1,000 in Caesars Entertainment Right Now?

Before you consider Caesars Entertainment, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caesars Entertainment wasn't on the list.

While Caesars Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

### Related Stocks

- [Caesars Entertainment, Inc. (CZR.US)](https://longbridge.com/en/quote/CZR.US.md)

## Related News & Research

- [Golf Entertainment Group Inc. Announces Full Year Financial Results | GLFE Stock News](https://longbridge.com/en/news/281232468.md)
- [Fluent Inc. Bets on Commerce Media Pivot](https://longbridge.com/en/news/281269882.md)
- [SBI to Acquire Star Music Entertainment from Ridge-i](https://longbridge.com/en/news/281013380.md)
- [Lumexa Imaging Holdings, Inc. reports Q4 results](https://longbridge.com/en/news/280633559.md)
- [Fort Washington Investment Advisors Inc. OH Lowers Holdings in Kinetik Holdings Inc. $KNTK](https://longbridge.com/en/news/280904625.md)