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Manufacturers Life Insurance Builds New Stake in Caesars Entertainment

Manulife Financial logoManulife Financial
Sig1.56Sen+1.23Env0.00Soc0.00Gov0.00
Caesars Entertainment logoCaesars Entertainment
Sig1.55Sen-0.40Env0.00Soc0.00Gov0.00

Healthcare of Ontario Pension Plan Trust Fund now owns 4,938,000 shares of Caesars Entertainment after purchasing an additional 4,937,998 shares. Morgan Stanley increased its stake, and Norges Bank started a new position. Insiders sold 540,003 shares. Revenue rose 3% year over year, while analysts cut the rating to hold and trimmed the price target as EPS is projected at -0.9.

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