Shareholder Anchorage Capital Group Has Increased Caesars Entmt (CZR) Stake; Glenmede Trust Company Na Holding in Eagle Bancorp (EGBN) Decreased by $7.52 Million as Market Value Rose

May 22, 2018 - By Adrian Erickson

Eagle Bancorp, Inc. (NASDAQ:EGBN) Logo

Glenmede Trust Company Na decreased its stake in Eagle Bancorp Inc (EGBN) by 25.02% based on its latest 2017Q4 regulatory filing with the SEC. Glenmede Trust Company Na sold 131,952 shares as the company’s stock rose 3.86% while stock markets declined. The institutional investor held 395,365 shares of the finance company at the end of 2017Q4, valued at $22.89 million, down from 527,317 at the end of the previous reported quarter. Glenmede Trust Company Na who had been investing in Eagle Bancorp Inc for a number of months, seems to be less bullish one the $2.14 billion market cap company. The stock increased 0.48% or $0.3 during the last trading session, reaching $62.5. About 55,606 shares traded. Eagle Bancorp, Inc. (NASDAQ:EGBN) has risen 4.67% since May 22, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

Anchorage Capital Group Llc increased its stake in Caesars Entmt Corp (CZR) by 73.91% based on its latest 2017Q4 regulatory filing with the SEC. Anchorage Capital Group Llc bought 850,000 shares as the company’s stock declined 12.35% with the market. The hedge fund held 2.00M shares of the hotels and resorts company at the end of 2017Q4, valued at $25.30M, up from 1.15 million at the end of the previous reported quarter. Anchorage Capital Group Llc who had been investing in Caesars Entmt Corp for a number of months, seems to be bullish on the $8.71 billion market cap company. The stock decreased 1.17% or $0.15 during the last trading session, reaching $12.7. About 5.87 million shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 18.92% since May 22, 2017 and is uptrending. It has outperformed by 7.37% the S&P500.

Investors sentiment increased to 4.4 in Q4 2017. Its up 2.81, from 1.59 in 2017Q3. It improved, 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. Ngam Advsrs LP owns 120,863 shares. Gator Capital Mgmt Ltd Liability Corp reported 47,500 shares. Brant Point Inv Mgmt Limited Liability has 0.32% invested in Caesars Entertainment Corporation (NASDAQ:CZR). Swiss Natl Bank accumulated 242,860 shares or 0% of the stock. Ahl Prtn Ltd Liability Partnership holds 60,438 shares. Deutsche Natl Bank Ag reported 0.02% in Caesars Entertainment Corporation (NASDAQ:CZR). Thrivent For Lutherans has 0.01% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 150,000 shares. 1.04M are owned by Ptnrs Grp Inc Holdg Ag. Taconic Cap Lp invested 2.54% in Caesars Entertainment Corporation (NASDAQ:CZR). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 9,608 shares. 10,000 were reported by Green Square Capital Lc. D E Shaw & Com owns 2.14M shares. The Connecticut-based Virtus Investment Advisers Inc has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Janney Ltd holds 0.02% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR) for 28,878 shares. Strs Ohio holds 86,600 shares or 0% of its portfolio.

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Seekingalpha.com which released: “Vegas casinos face strike threat” on May 22, 2018, also Seekingalpha.com with their article: “Caesars preps for Japan marathon” published on May 11, 2018, Seekingalpha.com published: “Caesars Entertainment 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Spotlight On Gambling Reset And Banking Bill” published on May 19, 2018 as well as Seekingalpha.com‘s news article titled: “Caesars Entertainment ready to pounce in sports betting” with publication date: May 18, 2018.

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

Among 6 analysts covering Caesars Entertainment (NASDAQ:CZR), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Caesars Entertainment had 10 analyst reports since December 14, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, June 6 by Oppenheimer. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) earned “Buy” rating by SunTrust on Monday, February 5. Nomura initiated the shares of CZR in report on Friday, October 6 with “Hold” rating. The company was initiated on Wednesday, May 31 by Oppenheimer. The rating was maintained by SunTrust with “Buy” on Tuesday, October 24. Barclays Capital maintained the stock with “Underweight” rating in Monday, December 14 report. Nomura upgraded the shares of CZR in report on Wednesday, March 7 to “Buy” rating.

Anchorage Capital Group Llc, which manages about $16.82B and $3.40 billion US Long portfolio, decreased its stake in Cheniere Energy Inc (NYSEMKT:LNG) by 1.55M shares to 5.82 million shares, valued at $313.14M in 2017Q4, according to the filing. It also reduced its holding in Athene Hldg Ltd by 534,413 shares in the quarter, leaving it with 95,851 shares, and cut its stake in Cheniere Energy Inc (Call) (NYSEMKT:LNG).

Analysts await Eagle Bancorp, Inc. (NASDAQ:EGBN) to report earnings on July, 18. They expect $1.06 EPS, up 30.86% or $0.25 from last year’s $0.81 per share. EGBN’s profit will be $36.36M for 14.74 P/E if the $1.06 EPS becomes a reality. After $1.04 actual EPS reported by Eagle Bancorp, Inc. for the previous quarter, Wall Street now forecasts 1.92% EPS growth.

Another recent and important Eagle Bancorp, Inc. (NASDAQ:EGBN) news was published by Businesswire.com which published an article titled: “Bragar Eagel & Squire, PC is Investigating Eagle Bancorp, Inc. (EGBN) for Possible Breaches of Fiduciary Duty by …” on April 30, 2018.

Glenmede Trust Company Na, which manages about $24.00 billion US Long portfolio, upped its stake in Lowes Cos Inc (NYSE:LOW) by 9,282 shares to 1.59M shares, valued at $148.13 million in 2017Q4, according to the filing. It also increased its holding in Cvs Corp (NYSE:CVS) by 229,723 shares in the quarter, for a total of 489,012 shares, and has risen its stake in Jones Lang Lasalle Inc (NYSE:JLL).

Eagle Bancorp, Inc. (NASDAQ:EGBN) Institutional Positions Chart

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