Caesars Entertainment (CZR) Reaches $8.05 After 5.00% Down Move; Carnival (CCL) SI Decreased By 3.48%

Caesars Entertainment Corporation (NASDAQ:CZR) Logo

Carnival Corporation (NYSE:CCL) had a decrease of 3.48% in short interest. CCL’s SI was 12.83 million shares in March as released by FINRA. Its down 3.48% from 13.29 million shares previously. With 2.97M avg volume, 4 days are for Carnival Corporation (NYSE:CCL)’s short sellers to cover CCL’s short positions. The SI to Carnival Corporation’s float is 3.21%. It closed at $56.09 lastly. It is down 14.28% since March 14, 2018 and is downtrending. It has underperformed by 18.65% the S&P500. Some Historical CCL News: 11/04/2018 – Carnival Board Approves Reauthorization of Up to $1B Share Repurchases; 18/04/2018 – Most Booked U.S. Destination: Vegas? Orlando? Try Cruises to Alaska for Bucket-List Vacation; 20/04/2018 – St Thomas Source: Governor Grants Administrative Leave for Virgin Islands Carnival; 26/04/2018 – CARNIVAL GROUP INTERNATIONAL HOLDINGS LTD 0996.HK – GONG XIAO CHENG RESIGNED AS EXECUTIVE DIRECTOR; 22/03/2018 – Carnival Sees Full-Year 2018 Net Rev Yields in Constant Currency to Be Up 2.5 %; 11/04/2018 – Carnival PLC: Dividend Declaration; 13/03/2018 – Cunard and Ancestry.com Collaborate to Offer Special Event Crossing: “A Journey of Genealogy”; 15/05/2018 – INSOMNIAC, LIVEXLIVE, ZEBRA ENTERTAINMENT AND TENCENT VIDEO SIGN PARTNERSHIP AGREEMENT TO DISTRIBUTE LIVESTREAM OF ELECTRIC DAISY CARNIVAL (EDC) LAS VEGAS; 21/03/2018 – Reservations Now Open For New Carnival Panorama’s Year-Round Departures From Long Beach; 15/03/2018 – Royal Caribbean, Carnival Named Most lnstagrammed Cruise Lines According to Seahub.com

The stock of Caesars Entertainment Corporation (NASDAQ:CZR) is a huge mover today! The stock decreased 3.59% or $0.3 during the last trading session, reaching $8.05. About 11.33 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has declined 29.15% since March 14, 2018 and is downtrending. It has underperformed by 33.52% the S&P500. Some Historical CZR News: 13/04/2018 – CAESARS ENTERTAINMENT CORP – TO PROVIDE BRAND LICENSING, CONSULTING SERVICES FOR CASINO, TO BE NAMED HARRAH’S NORTHERN CALIFORNIA CASINO; 13/04/2018 – CAESARS ENTERTAINMENT – SIGNED DEFINITIVE AGREEMENT WITH BUENA VISTA GAMING AUTHORITY TO BRING A NEW HARRAH’S-BRANDED FACILITY TO NORTHERN CALIFORNIA; 13/04/2018 – Caesars Entertainment Announces Agreement to Bring Harrah’s-Branded Tribal Casino to Northern California; 09/05/2018 – CAESARS ENTERTAINMENT,VICI LOI FOR ASSET SALE, LEASE AMENDMENTS; 07/03/2018 – CAESARS ENTERTAINMENT CORP – QTRLY SAME-STORE REVENUES REMAINED FLAT YEAR-OVER-YEAR AT $1.96 BLN; 03/05/2018 – Caesars Entertainment Debt Risk Rises 3 Levels; 07/03/2018 – Caesars Entertainment 4Q EPS $2.48; 25/04/2018 – CAESARS REPORTS DEVELOPMENT OF CAESARS PALACE LUXURY RESORT; 08/03/2018 – 15 Leading Esports Teams And Caesars Entertainment Team Up With The H1Z1 Pro League™ – The World’s First Professional “Battle Royale” Esport League; 07/03/2018 – Caesars Entertainment 4Q Net $2BThe move comes after 8 months negative chart setup for the $5.02B company. It was reported on Mar, 14 by Barchart.com. We have $7.65 PT which if reached, will make NASDAQ:CZR worth $251.20M less.

Investors sentiment decreased to 0.82 in Q4 2018. Its down 0.42, from 1.24 in 2018Q3. It fall, as 73 investors sold Carnival Corporation shares while 242 reduced holdings. 68 funds opened positions while 191 raised stakes. 391.52 million shares or 1.04% more from 387.50 million shares in 2018Q3 were reported. Kessler Investment Gp, Indiana-based fund reported 300 shares. Westpac owns 101,177 shares or 0% of their US portfolio. Van Eck Assocs holds 220 shares. Plante Moran Fin Limited Company holds 0.01% or 737 shares. Usca Ria Limited Liability Corporation owns 26,609 shares or 0.17% of their US portfolio. Boston Private Wealth Llc, a Massachusetts-based fund reported 108,073 shares. Chesapeake Asset Management Ltd Liability Corp owns 0.95% invested in Carnival Corporation (NYSE:CCL) for 10,458 shares. Commerzbank Aktiengesellschaft Fi reported 439,694 shares or 0.24% of all its holdings. Meiji Yasuda Asset Mgmt Limited has 0.08% invested in Carnival Corporation (NYSE:CCL) for 16,426 shares. Sei accumulated 0.26% or 1.25 million shares. Moreover, Everett Harris Ca has 0.11% invested in Carnival Corporation (NYSE:CCL). Lederer And Assoc Counsel Ca invested in 0.68% or 12,930 shares. Hanson Mcclain stated it has 1,424 shares or 0% of all its holdings. Hudock Capital Group Ltd reported 0% in Carnival Corporation (NYSE:CCL). Qs Investors Ltd Com has invested 0.15% in Carnival Corporation (NYSE:CCL).

More notable recent Carnival Corporation (NYSE:CCL) news were published by: Benzinga.com which released: “A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Economic Data – Benzinga” on March 13, 2019, also 247Wallst.com with their article: “Wednesday’s Top Analyst Upgrades and Downgrades – 24/7 Wall St.” published on March 13, 2019, Globenewswire.com published: “Consolidated Research: 2019 Summary Expectations for The Boeing Company, Koninklijke Philips NV, Carnival, Travelport Worldwide, Chubb, and Kulicke and Soffa Industries — Fundamental Analysis, Key Performance Indications – GlobeNewswire” on February 25, 2019. More interesting news about Carnival Corporation (NYSE:CCL) were released by: Globenewswire.com and their article: “Research Report Identifies Zogenix, LivePerson, Valmont Industries, Carnival, Inphi, and Westlake Chemical Partners LP with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” published on March 06, 2019 as well as Usatoday.com‘s news article titled: “These are the 15 best dividend stocks for investing in retirement planning – USA TODAY” with publication date: March 10, 2019.

Among 6 analysts covering Carnival (NYSE:CCL), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Carnival had 12 analyst reports since September 28, 2018 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Friday, December 21. Deutsche Bank maintained it with “Hold” rating and $65 target in Friday, September 28 report. The stock of Carnival Corporation (NYSE:CCL) has “Equal-Weight” rating given on Monday, January 7 by Morgan Stanley. The firm has “Buy” rating given on Friday, September 28 by Stifel Nicolaus. On Wednesday, January 30 the stock rating was downgraded by Standpoint Research to “Hold”. Buckingham Research maintained it with “Buy” rating and $85 target in Friday, September 28 report. Macquarie Research upgraded Carnival Corporation (NYSE:CCL) on Friday, January 25 to “Outperform” rating.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $38.78 billion. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises , Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. It has a 12.63 P/E ratio. The firm operates approximately 100 cruise ships.

Since October 1, 2018, it had 1 insider buy, and 3 insider sales for $69,000 activity. The insider KRUSE STEIN sold $364,082. On Monday, October 1 PEREZ ARNALDO sold $449,842 worth of Carnival Corporation (NYSE:CCL) or 7,000 shares. 21,595 shares were bought by DONALD ARNOLD W, worth $1.00 million.

Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company has market cap of $5.02 billion. The firm operates through two divisions, Caesars Entertainment Resort Properties, and Caesars Growth Partners Casino Properties and Developments. It has a 19.63 P/E ratio. It operates 15,000 slot machines and 1,200 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company's casinos, as well as banquets and room service.

Among 5 analysts covering Caesars Entertainment (NASDAQ:CZR), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Caesars Entertainment had 8 analyst reports since September 24, 2018 according to SRatingsIntel. Morgan Stanley maintained it with “Buy” rating and $11 target in Monday, February 25 report. Deutsche Bank maintained it with “Buy” rating and $11 target in Monday, January 7 report. The rating was downgraded by Bank of America to “Neutral” on Wednesday, January 16. UBS upgraded the stock to “Neutral” rating in Wednesday, January 2 report. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) has “Buy” rating given on Friday, February 22 by Deutsche Bank. The firm has “Buy” rating by Oppenheimer given on Friday, February 22.

Investors sentiment decreased to 1.03 in 2018 Q4. Its down 0.56, from 1.59 in 2018Q3. It turned negative, as 46 investors sold Caesars Entertainment Corporation shares while 70 reduced holdings. 53 funds opened positions while 67 raised stakes. 661.00 million shares or 12.21% less from 752.94 million shares in 2018Q3 were reported. Bessemer Gru accumulated 1,752 shares. Amalgamated Bankshares has invested 0.02% in Caesars Entertainment Corporation (NASDAQ:CZR). Jefferies Gp Ltd Company has 306,603 shares for 0.02% of their portfolio. Thrivent Fin For Lutherans reported 0% stake. Kohlberg Kravis Roberts And L P owns 500,000 shares. Soros Fund Mngmt Ltd holds 6.82% or 33.16M shares. Citigroup stated it has 0.03% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Reilly Financial Advsrs Lc reported 2,612 shares stake. Nordea Investment Mngmt Ab holds 641,500 shares or 0.01% of its portfolio. Alpine Assocs Mngmt Inc owns 375,200 shares. Bancshares Of Mellon Corp accumulated 0% or 2.06M shares. Janney Montgomery Scott Ltd has 0% invested in Caesars Entertainment Corporation (NASDAQ:CZR). Veritable Limited Partnership has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Jane Street Gp Limited Co holds 362,546 shares. Serengeti Asset Mgmt Ltd Partnership invested 3.48% in Caesars Entertainment Corporation (NASDAQ:CZR).

Analysts await Caesars Entertainment Corporation (NASDAQ:CZR) to report earnings on May, 1. They expect $-0.14 EPS, down 180.00% or $0.09 from last year’s $-0.05 per share. After $-0.18 actual EPS reported by Caesars Entertainment Corporation for the previous quarter, Wall Street now forecasts -22.22% EPS growth.

Since November 13, 2018, it had 4 insider buys, and 1 insider sale for $572,444 activity. KORNSTEIN DON R bought $173,750 worth of stock or 25,000 shares. Benninger Thomas M. bought $319,390 worth of stock or 41,000 shares. On Friday, December 21 the insider CHUGG JULIANA L bought $100,007. Roca Marco sold 17,834 shares worth $146,453.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Positions Chart