Eldorado Resorts INC (ERI) Holder Highline Capital Management LLC Decreased Its Holding by $6.93 Million

Investors sentiment increased to 1.12 in 2018 Q2. Its up 0.13, from 0.99 in 2018Q1. It improved, as 15 investors sold ERI shares while 54 reduced holdings. 24 funds opened positions while 53 raised stakes. 63.66 million shares or 0.76% more from 63.18 million shares in 2018Q1 were reported. Kj Harrison & Partners invested in 0.23% or 20,000 shares. Epoch holds 438,774 shares. California State Teachers Retirement Systems owns 100,792 shares for 0.01% of their portfolio. The California-based Eqis Incorporated has invested 0.02% in Eldorado Resorts, Inc. (NASDAQ:ERI). Sei Invests holds 39,988 shares. Moreover, Tower Rech Cap Lc (Trc) has 0.01% invested in Eldorado Resorts, Inc. (NASDAQ:ERI) for 4,881 shares. Swiss Bankshares invested in 0% or 86,444 shares. Alliancebernstein Lp owns 92,312 shares. Dimensional Fund Advisors Limited Partnership owns 677,372 shares or 0.01% of their US portfolio. Barometer Capital Management has invested 0.53% in Eldorado Resorts, Inc. (NASDAQ:ERI). Bnp Paribas Arbitrage Sa owns 4,831 shares. State Board Of Administration Of Florida Retirement Sys has invested 0% in Eldorado Resorts, Inc. (NASDAQ:ERI). 29,432 were reported by Ubs Asset Mngmt Americas Inc. Lafitte Cap Management Lp has 1.55 million shares for 23.03% of their portfolio. Symphony Asset Lc, a California-based fund reported 10,938 shares.

Highline Capital Management Llc decreased its stake in Eldorado Resorts Inc (ERI) by 5.4% based on its latest 2018Q2 regulatory filing with the SEC. Highline Capital Management Llc sold 177,642 shares as the company’s stock rose 10.23% with the market. The hedge fund held 3.11M shares of the consumer services company at the end of 2018Q2, valued at $121.61 million, down from 3.29 million at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Eldorado Resorts Inc for a number of months, seems to be less bullish one the $2.97 billion market cap company. The stock decreased 4.72% or $1.9 during the last trading session, reaching $38.37. About 752,337 shares traded. Eldorado Resorts, Inc. (NASDAQ:ERI) has risen 89.90% since December 8, 2017 and is uptrending. It has outperformed by 74.28% the S&P500.

Highline Capital Management Llc, which manages about $3.04 billion and $2.99B US Long portfolio, upped its stake in Biomarin Pharmaceutical Inc (NASDAQ:BMRN) by 45,550 shares to 1.32 million shares, valued at $124.29M in 2018Q2, according to the filing. It also increased its holding in Caesars Entmt Corp (NASDAQ:CZR) by 2.43M shares in the quarter, for a total of 12.26 million shares, and has risen its stake in Conduent Inc.

Analysts await Eldorado Resorts, Inc. (NASDAQ:ERI) to report earnings on February, 28. They expect $0.49 earnings per share, up 145.00 % or $0.29 from last year’s $0.2 per share. ERI’s profit will be $37.98 million for 19.58 P/E if the $0.49 EPS becomes a reality. After $0.52 actual earnings per share reported by Eldorado Resorts, Inc. for the previous quarter, Wall Street now forecasts -5.77 % negative EPS growth.

More notable recent Eldorado Resorts, Inc. (NASDAQ:ERI) news were published by: Seekingalpha.com which released: “Investors size up Eldorado-William Hill deal – Seeking Alpha” on September 05, 2018, also Nasdaq.com with their article: “Eldorado Resorts (ERI) Lags Q3 Earnings and Revenue Estimates – Nasdaq” published on November 08, 2018, Seekingalpha.com published: “ADNT +5%, ERI +4% on moves to MidCap 400 – Seeking Alpha” on August 14, 2018. More interesting news about Eldorado Resorts, Inc. (NASDAQ:ERI) were released by: Nasdaq.com and their article: “Notable Wednesday Option Activity: ALKS, FANG, ERI – Nasdaq” published on October 24, 2018 as well as Streetinsider.com‘s news article titled: “Eldorado Resorts (ERI) Announces Market Access Partnership with the Stars Group (TSG) – StreetInsider.com” with publication date: November 26, 2018.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Coverage

Among 2 analysts covering Eldorado Resorts (NASDAQ:ERI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Eldorado Resorts had 2 analyst reports since June 12, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 26 by Jefferies. On Tuesday, June 12 the stock rating was maintained by Roth Capital with “Buy”.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Chart

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