Akre Capital Management Boosted Its Holding in Roper Inds New (ROP) by $1.02 Million as Shares Rose; Caesars Entmt Cor (CZR) Stock Value Declined While Segantii Capital Management LTD Has Boosted Its Position

September 14, 2018 - By Matt Emery

Caesars Entertainment Corporation (NASDAQ:CZR) Logo

Segantii Capital Management Ltd increased its stake in Caesars Entmt Cor (CZR) by 95.65% based on its latest 2018Q2 regulatory filing with the SEC. Segantii Capital Management Ltd bought 110,000 shares as the company’s stock declined 10.78% while stock markets rallied. The hedge fund held 225,000 shares of the hotels and resorts company at the end of 2018Q2, valued at $2.41M, up from 115,000 at the end of the previous reported quarter. Segantii Capital Management Ltd who had been investing in Caesars Entmt Cor for a number of months, seems to be bullish on the $6.99B market cap company. The stock increased 0.24% or $0.025 during the last trading session, reaching $10.475. About 1.91 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has declined 11.54% since September 14, 2017 and is downtrending. It has underperformed by 27.16% the S&P500. Some Historical CZR News: 16/04/2018 – CAESARS ENTERTAINMENT REPORTS REPRICING OF CEOC $1.50B SR SECUR; 07/03/2018 – CAESARS ENTERTAINMENT CORP – QTRLY SAME-STORE REVENUES REMAINED FLAT YEAR-OVER-YEAR AT $1.96 BLN; 16/04/2018 – CAESARS ENTERTAINMENT HAS REPRICED ITS $1.50B TERM LOAN; 15/04/2018 – Caesars Palace Without Gambling?; 09/05/2018 – CAESARS ENTERTAINMENT,VICI LOI FOR ASSET SALE, LEASE AMENDMENTS; 13/04/2018 – CAESARS ENTERTAINMENT CORP – THE PROPERTY IS EXPECTED TO OPEN IN 2019; 09/05/2018 – VICI Properties, Caesars Expect to Complete Transaction in Phases by the Fall of 2018; 13/04/2018 – CAESARS ENTERTAINMENT CORP – TO PROVIDE BRAND LICENSING, CONSULTING SERVICES FOR CASINO, TO BE NAMED HARRAH’S NORTHERN CALIFORNIA CASINO; 09/05/2018 – CAESARS ENTERTAINMENT – PARTIES EXPECT TO ANNOUNCE DEFINITIVE AGREEMENTS IN COMING WEEKS, TO CONSUMMATE TRANSACTION IN PHASES BY FALL OF 2018; 04/05/2018 – Buffalo BusFirst: Caesars, Hard Rock, Mohegan Sun vying for Casino Niagara, Fallsview Casino operations

Akre Capital Management Llc increased its stake in Roper Inds Inc New (ROP) by 0.24% based on its latest 2018Q2 regulatory filing with the SEC. Akre Capital Management Llc bought 3,715 shares as the company’s stock rose 6.65% with the market. The hedge fund held 1.56 million shares of the capital goods company at the end of 2018Q2, valued at $430.32M, up from 1.56 million at the end of the previous reported quarter. Akre Capital Management Llc who had been investing in Roper Inds Inc New for a number of months, seems to be bullish on the $32.11 billion market cap company. The stock decreased 0.07% or $0.21 during the last trading session, reaching $310.75. About 46,256 shares traded. Roper Technologies, Inc. (NYSE:ROP) has risen 28.28% since September 14, 2017 and is uptrending. It has outperformed by 12.66% the S&P500. Some Historical ROP News: 21/05/2018 – Roper Technologies Expects PowerPlan Acquisition to Be Immediately Cash Accretive; 20/04/2018 – Roper Technologies 1Q EPS $2.03; 21/05/2018 – ROPER TECHNOLOGIES TO BUY POWERPLAN IN DEAL VALUED AT $1.1B; 21/05/2018 – ROPER TECHNOLOGIES TO BUY POWERPLAN IN DEAL VALUED ~$1.1B; 20/04/2018 – Roper Technologies 1Q Rev $1.2B; 29/03/2018 – Roper Technologies, Inc. vs Axcess International, Inc. | Terminated-Settled | 03/28/2018; 21/05/2018 – ROPER TECHNOLOGIES INC – EXPECTS ACQUISITION TO BE IMMEDIATELY CASH ACCRETIVE; 26/04/2018 – Reality Television Stars Tanner Tolbert and Jade Roper Tolbert Slim Down with Nutrisystem; 20/03/2018 – DAT Unveils Upgrades to Popular Load Board at Mid-America Trucking Show; 21/05/2018 – ROPER TECHNOLOGIES INC – POWERPLAN’S NAME AND BRANDS ARE NOT EXPECTED TO CHANGE AS A RESULT OF TRANSACTION

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Bizjournals.com which released: “Activist hedge fund looks to push Caesars into a sale” on September 13, 2018, also Seekingalpha.com with their article: “Sports betting revenue soars in New Jersey” published on September 12, 2018, Seekingalpha.com published: “Report: Vora Capital builds Caesars stake to push for sale; shares +4.4%” on September 12, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Caesars Entertainment updates guidance” published on September 04, 2018 as well as 247Wallst.com‘s news article titled: “The 6 Most Shorted Nasdaq Stocks” with publication date: September 13, 2018.

Since March 20, 2018, it had 0 buys, and 3 selling transactions for $325.71 million activity. Another trade for 24.92 million shares valued at $324.76 million was made by TPG Group Holdings (SBS) Advisors – Inc. on Thursday, May 17.

Investors sentiment increased to 1.53 in 2018 Q2. Its up 0.52, from 1.01 in 2018Q1. It increased, as 37 investors sold CZR shares while 57 reduced holdings. 48 funds opened positions while 96 raised stakes. 738.02 million shares or 13.44% more from 650.61 million shares in 2018Q1 were reported. Tudor Invest Et Al reported 0.07% stake. State Of Alaska Department Of Revenue has 61,260 shares. Envestnet Asset reported 6,900 shares. Private Advisor Grp Inc Ltd Liability Corp holds 0% in Caesars Entertainment Corporation (NASDAQ:CZR) or 18,147 shares. Blackstone Gp Lp invested 0.46% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Us Retail Bank De invested in 2,669 shares or 0% of the stock. Moreover, Comerica Comml Bank has 0% invested in Caesars Entertainment Corporation (NASDAQ:CZR). Senator Inv Group Limited Partnership has invested 5.74% in Caesars Entertainment Corporation (NASDAQ:CZR). Artemis Inv Ltd Liability Partnership stated it has 0.78% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Guggenheim Capital Limited Liability Corporation holds 0% or 21,573 shares. Prudential Financial Inc holds 34,812 shares or 0% of its portfolio. Laurion Cap Mngmt Ltd Partnership reported 459,701 shares or 0.04% of all its holdings. California State Teachers Retirement Sys has 0.02% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 971,515 shares. Van Eck Associates has 72,092 shares. Veritable LP accumulated 13,500 shares.

Among 10 analysts covering Caesars Entertainment (NASDAQ:CZR), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. Caesars Entertainment had 16 analyst reports since December 14, 2015 according to SRatingsIntel. Bank of America maintained Caesars Entertainment Corporation (NASDAQ:CZR) on Thursday, August 2 with “Buy” rating. Barclays Capital maintained the stock with “Underweight” rating in Monday, December 14 report. The company was upgraded on Wednesday, March 7 by Nomura. SunTrust maintained it with “Buy” rating and $16.0 target in Monday, February 5 report. As per Wednesday, May 31, the company rating was initiated by Oppenheimer. The rating was maintained by SunTrust on Tuesday, October 24 with “Buy”. Oppenheimer maintained the shares of CZR in report on Tuesday, June 6 with “Buy” rating. The rating was maintained by Oppenheimer with “Buy” on Tuesday, June 19. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) has “Hold” rating given on Friday, October 6 by Nomura.

Segantii Capital Management Ltd, which manages about $241.46 million US Long portfolio, decreased its stake in Aegon N V Ny (NYSE:AEG) by 1.58 million shares to 1.33M shares, valued at $7.94M in 2018Q2, according to the filing.

Investors sentiment increased to 1.28 in 2018 Q2. Its up 0.34, from 0.94 in 2018Q1. It is positive, as 27 investors sold ROP shares while 185 reduced holdings. 69 funds opened positions while 203 raised stakes. 93.51 million shares or 0.70% less from 94.18 million shares in 2018Q1 were reported. Donaldson Capital Mgmt Limited Liability Company stated it has 2,243 shares. Kepos Capital Limited Partnership has 0.34% invested in Roper Technologies, Inc. (NYSE:ROP). Tci Wealth Inc invested 0.01% in Roper Technologies, Inc. (NYSE:ROP). Edgestream Prtnrs LP accumulated 3,584 shares. Tiger Eye Cap Limited Liability invested in 2.9% or 52,129 shares. Newman Dignan And Sheerar has 2,652 shares for 0.05% of their portfolio. Estabrook Capital Mngmt invested in 2 shares or 0% of the stock. Gulf Bank & Trust (Uk) Ltd holds 32,896 shares. Creative Planning holds 0% or 1,229 shares. Voya Mgmt Ltd Liability Corp owns 324,679 shares or 0.19% of their US portfolio. Hikari Power Limited has invested 2.16% in Roper Technologies, Inc. (NYSE:ROP). Private Advisor Gru Lc holds 2,428 shares or 0.01% of its portfolio. Btim reported 11,736 shares. Chesley Taft Associate Limited Liability Co holds 0.2% or 8,465 shares. State Board Of Administration Of Florida Retirement System reported 139,934 shares.

Akre Capital Management Llc, which manages about $3.20B and $7.92 billion US Long portfolio, decreased its stake in Diamond Hill Investment Grou (NASDAQ:DHIL) by 79,652 shares to 65,848 shares, valued at $12.80 million in 2018Q2, according to the filing. It also reduced its holding in O Reilly Automotive Inc New (NASDAQ:ORLY) by 5,329 shares in the quarter, leaving it with 1.89 million shares, and cut its stake in Enstar Group Limited (NASDAQ:ESGR).

Among 13 analysts covering Roper Industries Inc. (NYSE:ROP), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Roper Industries Inc. had 60 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Roper Technologies, Inc. (NYSE:ROP) has “Buy” rating given on Wednesday, July 19 by Stifel Nicolaus. As per Thursday, February 23, the company rating was upgraded by Argus Research. RBC Capital Markets maintained Roper Technologies, Inc. (NYSE:ROP) on Thursday, September 28 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 10. As per Wednesday, January 3, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of ROP in report on Tuesday, October 27 with “Outperform” rating. The firm earned “Neutral” rating on Tuesday, October 31 by Robert W. Baird. The company was initiated on Wednesday, October 19 by Argus Research. The stock of Roper Technologies, Inc. (NYSE:ROP) earned “Outperform” rating by Oppenheimer on Friday, January 6. The firm earned “Buy” rating on Friday, January 19 by Stifel Nicolaus.

Since May 22, 2018, it had 2 insider buys, and 3 selling transactions for $576,295 activity. On Tuesday, September 4 JOHNSON ROBERT D sold $223,778 worth of Roper Technologies, Inc. (NYSE:ROP) or 750 shares. $358,713 worth of Roper Technologies, Inc. (NYSE:ROP) was sold by WRIGHT CHRISTOPHER.

More news for Roper Technologies, Inc. (NYSE:ROP) were recently published by: Bizjournals.com, which released: “Roper Technologies Inc. named Neil Hunn president and CEO, effective Sept. 1.” on August 24, 2018. Bizjournals.com‘s article titled: “Deal propels WellCare into a benchmark stock index” and published on September 12, 2018 is yet another important article.

Roper Technologies, Inc. (NYSE:ROP) Institutional Positions Chart

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