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

Investors sentiment increased to 1.12 in Q2 2018. Its up 0.13, from 0.99 in 2018Q1. It is positive, 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. Natixis Advsrs LP holds 0.03% or 90,995 shares in its portfolio. Commercial Bank Of America De accumulated 77,502 shares or 0% of the stock. Teacher Retirement Sys Of Texas stated it has 0% in Eldorado Resorts, Inc. (NASDAQ:ERI). Driehaus Cap Mngmt Ltd Liability Com accumulated 404,514 shares. Gamco Et Al invested in 10,200 shares or 0% of the stock. 4,000 are held by Strs Ohio. Goldman Sachs Gp owns 1.91 million shares or 0.02% of their US portfolio. Kingdon Capital Mgmt Limited Company has invested 0.14% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI). Federated Pa accumulated 0.01% or 81,735 shares. Weiss Multi holds 267,204 shares or 0.25% of its portfolio. Deutsche National Bank & Trust Ag reported 0% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI). Dimensional Fund Advsrs Limited Partnership stated it has 677,372 shares. Ameriprise Fincl accumulated 0% or 97,837 shares. Oberweis Asset Management Inc holds 104,013 shares or 1.02% of its portfolio. Axa holds 0% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI) for 25,246 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 $2.99 billion US Long portfolio, upped its stake in Iqvia Hldgs Inc by 78,559 shares to 1.98M shares, valued at $197.46 million in 2018Q2, according to the filing. It also increased its holding in Conduent Inc by 1.07 million shares in the quarter, for a total of 7.00M shares, and has risen its stake in Boyd Gaming Corp (NYSE:BYD).

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 $37.98M 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: Nasdaq.com which released: “Consumer Sector Update for 11/26/2018: NWL,ERI,TSG,TSGI.TO,GM,WP – Nasdaq” on November 26, 2018, also Nasdaq.com with their article: “Eldorado Resorts is Now Oversold (ERI) – Nasdaq” published on October 23, 2018, Streetinsider.com published: “Eldorado Resorts (ERI) Announces Market Access Partnership with the Stars Group (TSG) – StreetInsider.com” on November 26, 2018. More interesting news about Eldorado Resorts, Inc. (NASDAQ:ERI) were released by: Seekingalpha.com and their article: “Eldorado Resorts, Inc. (ERI) CEO Gary Carano on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 10, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Day ETF Update: ETFs, Stocks Extend Gains on Strong Cyber Monday Sales; Wall Street Looks Ahead to US-China Meeting – Nasdaq” 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. Jefferies maintained Eldorado Resorts, Inc. (NASDAQ:ERI) rating on Monday, November 26. Jefferies has “Buy” rating and $5700 target. Roth Capital maintained Eldorado Resorts, Inc. (NASDAQ:ERI) on Tuesday, June 12 with “Buy” rating.

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

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