Market News

Soros Fund Management Raised Caesars Entmt (CZR) Holding by $378.50 Million; At Bancorp Lifted Its Position in Keycorp New (KEY) by $336,140 as Stock Value Declined

KeyCorp (NYSE:KEY) Logo

At Bancorp increased its stake in Keycorp New (KEY) by 20.79% based on its latest 2017Q4 regulatory filing with the SEC. At Bancorp bought 16,807 shares as the company’s stock declined 5.72% with the market. The institutional investor held 97,640 shares of the major banks company at the end of 2017Q4, valued at $1.97M, up from 80,833 at the end of the previous reported quarter. At Bancorp who had been investing in Keycorp New for a number of months, seems to be bullish on the $21.81B market cap company. The stock increased 0.96% or $0.195 during the last trading session, reaching $20.545. About 2.26 million shares traded. KeyCorp (NYSE:KEY) has risen 12.17% since May 17, 2017 and is uptrending. It has outperformed by 0.62% the S&P500.

George Soros increased its stake in Caesars Entmt Corp (CZR) by 1066.9% based on its latest 2017Q4 regulatory filing with the SEC. Soros Fund Management Llc bought 31.54M shares as the company’s stock declined 12.35% with the market. The hedge fund run by George Soros held 34.50M shares of the hotels and resorts company at the end of 2017Q4, valued at $436.41M, up from 2.96M at the end of the previous reported quarter. Soros Fund Management Llc who had been investing in Caesars Entmt Corp for a number of months, seems to be bullish on the $9.11 billion market cap company. The stock increased 0.57% or $0.075 during the last trading session, reaching $13.275. About 6.82 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 18.92% since May 17, 2017 and is uptrending. It has outperformed by 7.37% the S&P500.

At Bancorp, which manages about $931.87 million US Long portfolio, decreased its stake in Bank Of America Corporation (NYSE:BAC) by 25,346 shares to 25,938 shares, valued at $765,000 in 2017Q4, according to the filing. It also reduced its holding in Schwab Strategic Tr (SCHA) by 11,562 shares in the quarter, leaving it with 613,209 shares, and cut its stake in Constellation Brands Inc (NYSE:STZ).

Among 34 analysts covering Keycorp (NYSE:KEY), 22 have Buy rating, 2 Sell and 10 Hold. Therefore 65% are positive. Keycorp had 113 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of KeyCorp (NYSE:KEY) has “Neutral” rating given on Wednesday, November 9 by Susquehanna. Robert W. Baird maintained KeyCorp (NYSE:KEY) rating on Friday, October 6. Robert W. Baird has “Hold” rating and $18.0 target. The stock has “Outperform” rating by Bernstein on Wednesday, August 26. RBC Capital Markets maintained it with “Buy” rating and $21.0 target in Thursday, October 19 report. KBW upgraded the stock to “Market Perform” rating in Wednesday, August 12 report. Jefferies maintained the shares of KEY in report on Friday, August 11 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 7 report. CLSA downgraded KeyCorp (NYSE:KEY) on Monday, December 5 to “Underperform” rating. Jefferies maintained the shares of KEY in report on Friday, September 15 with “Buy” rating. The firm earned “Buy” rating on Monday, January 11 by Goldman Sachs.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.14, from 1.1 in 2017Q3. It dived, as 49 investors sold KEY shares while 207 reduced holdings. 66 funds opened positions while 179 raised stakes. 836.01 million shares or 0.66% less from 841.58 million shares in 2017Q3 were reported. The New York-based Ulysses Mgmt Lc has invested 0.16% in KeyCorp (NYSE:KEY). Glenmede Na owns 280,022 shares. 2.96M are held by Morgan Stanley. Cwm reported 1,041 shares stake. Hanseatic Mngmt Serv holds 0.07% or 3,587 shares in its portfolio. City Holdings Company owns 0% invested in KeyCorp (NYSE:KEY) for 20 shares. Koch Incorporated holds 0.21% of its portfolio in KeyCorp (NYSE:KEY) for 72,213 shares. Sun Life owns 2,370 shares. Moreover, Envestnet Asset Mgmt has 0.01% invested in KeyCorp (NYSE:KEY). Denver Advisors Ltd Liability Com reported 97,525 shares stake. Public Sector Pension Inv Board holds 0.01% of its portfolio in KeyCorp (NYSE:KEY) for 58,781 shares. Clearbridge Investments Limited Co has 0.12% invested in KeyCorp (NYSE:KEY) for 6.38M shares. Highland Capital Mgmt Ltd Llc has invested 0.93% in KeyCorp (NYSE:KEY). Supplemental Annuity Collective Of Nj holds 50,000 shares or 0.43% of its portfolio. Dana Invest Advisors, Wisconsin-based fund reported 130,613 shares.

Another recent and important KeyCorp (NYSE:KEY) news was published by Finance.Yahoo.com which published an article titled: “5 Notable Dividend Increases From the Past Week — Including Phillips 66” on May 15, 2018.

Since January 22, 2018, it had 1 buying transaction, and 4 insider sales for $2.14 million activity. 10,000 shares valued at $198,300 were sold by Burke Edward J. on Tuesday, May 8. DeAngelis Robert A sold $527,750 worth of stock. On Monday, January 22 the insider Buffie Craig A sold $250,639. $1.18M worth of KeyCorp (NYSE:KEY) shares were sold by Gorman Christopher M..

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Seekingalpha.com which released: “Caesars Entertainment to move forward on sports betting” on May 14, 2018, also Fool.com with their article: “Why Caesars Entertainment, NXP Semiconductor, and Symantec Jumped Today” published on May 14, 2018, Fool.com published: “Sports Betting Opens New World For Gaming Companies” on May 16, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Highlights from Appaloosa’s Q1” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking George Soros’ Portfolio – Q1 2018 Update” with publication date: May 17, 2018.

Since March 20, 2018, it had 0 buys, and 1 sale for $66,825 activity.

Investors sentiment increased to 4.4 in Q4 2017. Its up 2.81, from 1.59 in 2017Q3. It is positive, as 16 investors sold CZR shares while 29 reduced holdings. 115 funds opened positions while 83 raised stakes. 1.25 billion shares or 802.48% more from 138.17 million shares in 2017Q3 were reported. California-based Reilly Fin Advsr Lc has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Frontier Investment Management Company holds 0.27% in Caesars Entertainment Corporation (NASDAQ:CZR) or 254,370 shares. Maplelane Cap Limited Liability Company, a New York-based fund reported 1.43M shares. Tiaa Cref Invest Lc invested in 738,400 shares. Ptnrs Gp Hldgs Ag has 1.04 million shares. Fmr Ltd Com invested 0.01% in Caesars Entertainment Corporation (NASDAQ:CZR). Arrowmark Colorado Co owns 0.04% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 350,000 shares. Thrivent For Lutherans invested 0.01% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Loomis Sayles And Lp stated it has 0.07% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Ahl Prns Llp holds 0.01% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR) for 60,438 shares. Price Capital Mgmt reported 6,100 shares stake. Trexquant Investment Lp reported 0.1% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Massachusetts Ser Comm Ma holds 0% in Caesars Entertainment Corporation (NASDAQ:CZR) or 83,082 shares. Rhumbline Advisers reported 0% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Qcm Cayman Ltd has invested 1.54% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR).

Soros Fund Management Llc, which manages about $4.37 billion US Long portfolio, decreased its stake in Churchill Downs Inc (NASDAQ:CHDN) by 94,942 shares to 118,254 shares, valued at $27.52M in 2017Q4, according to the filing. It also reduced its holding in Nomad Foods Ltd by 104,127 shares in the quarter, leaving it with 918,132 shares, and cut its stake in Monsanto Co New (NYSE:MON).

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *