Caesars Acquisition Company (NASDAQ:CACQ) Position Lowered by Canyon Capital Advisors LLC

Canyon Capital Advisors LLC reduced its holdings in shares of Caesars Acquisition Company (NASDAQ:CACQ) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,921,137 shares of the company’s stock after selling 16,327 shares during the period. Caesars Acquisition comprises about 0.6% of Canyon Capital Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Canyon Capital Advisors LLC owned 1.38% of Caesars Acquisition worth $36,598,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CACQ. Victory Capital Management Inc. boosted its position in Caesars Acquisition by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,765 shares of the company’s stock valued at $129,000 after buying an additional 1,012 shares in the last quarter. FNY Partners Fund LP bought a new position in shares of Caesars Acquisition in the second quarter worth about $142,000. Marshall Wace North America L.P. bought a new position in shares of Caesars Acquisition in the first quarter worth about $166,000. MARSHALL WACE ASIA Ltd bought a new position in shares of Caesars Acquisition in the first quarter worth about $166,000. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Caesars Acquisition by 249.9% in the second quarter. BNP Paribas Arbitrage SA now owns 9,297 shares of the company’s stock worth $177,000 after acquiring an additional 6,640 shares during the last quarter. Institutional investors and hedge funds own 56.48% of the company’s stock.

Separately, BidaskClub downgraded shares of Caesars Acquisition from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th.

Caesars Acquisition Company (NASDAQ CACQ) remained flat at $21.25 during trading on Tuesday. The stock had a trading volume of 538,929 shares. The firm has a market capitalization of $2.95 billion, a PE ratio of 4.91 and a beta of 0.64. Caesars Acquisition Company has a one year low of $10.00 and a one year high of $22.05. The firm has a 50 day moving average price of $19.49 and a 200 day moving average price of $18.40.

WARNING: “Caesars Acquisition Company (NASDAQ:CACQ) Position Lowered by Canyon Capital Advisors LLC” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark

Several other institutional investors have also modified their holdings of CACQ. Victory Capital Management Inc. boosted its position in Caesars Acquisition by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,765 shares of the company’s stock valued at $129,000 after buying an additional 1,012 shares in the last quarter. FNY Partners Fund LP bought a new position in shares of Caesars Acquisition in the second quarter worth about $142,000. Marshall Wace North America L.P. bought a new position in shares of Caesars Acquisition in the first quarter worth about $166,000. MARSHALL WACE ASIA Ltd bought a new position in shares of Caesars Acquisition in the first quarter worth about $166,000. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Caesars Acquisition by 249.9% in the second quarter. BNP Paribas Arbitrage SA now owns 9,297 shares of the company’s stock worth $177,000 after acquiring an additional 6,640 shares during the last quarter. Institutional investors and hedge funds own 56.48% of the company’s stock.

Separately, BidaskClub downgraded shares of Caesars Acquisition from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th.

Caesars Acquisition Company (NASDAQ CACQ) remained flat at $21.25 during trading on Tuesday. The stock had a trading volume of 538,929 shares. The firm has a market capitalization of $2.95 billion, a PE ratio of 4.91 and a beta of 0.64. Caesars Acquisition Company has a one year low of $10.00 and a one year high of $22.05. The firm has a 50 day moving average price of $19.49 and a 200 day moving average price of $18.40.

WARNING: “Caesars Acquisition Company (NASDAQ:CACQ) Position Lowered by Canyon Capital Advisors LLC” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/17/canyon-capital-advisors-llc-sells-16327-shares-of-caesars-acquisition-company-cacq.html.

About Caesars Acquisition

Caesars Acquisition Company (CAC) owns voting membership units of Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and subsidiaries of Caesars Entertainment Corporation (CEC or Caesars Entertainment). CAC serves as CGP LLC’s managing member and sole holder of its outstanding voting units.

Institutional Ownership by Quarter for Caesars Acquisition (NASDAQ:CACQ)

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