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Barclays PLC Raises Stake in Caesars Entertainment, Inc. $CZR
Barclays PLC increased its stake in Caesars Entertainment, Inc. (NASDAQ:CZR) by 4.5% during the third quarter, bringing its total ownership to 865,879 shares valued at $23.4 million. Other institutional investors also adjusted their positions in CZR, with some growing their holdings significantly. Despite a negative P/E ratio and recent earnings per share missing analyst estimates, the stock has been subject to recent positive sentiment due to takeover talks and unusual call options activity.