Encana (ECA) Shareholder Concourse Capital Management Has Lowered Its Position; Caesars Entertain (CZR) Holder Selz Capital Boosted Its Position by $650,000

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Concourse Capital Management Llc decreased its stake in Encana Corp (ECA) by 98.78% based on its latest 2018Q3 regulatory filing with the SEC. Concourse Capital Management Llc sold 389,424 shares as the company’s stock declined 48.13% with the market. The hedge fund held 4,814 shares of the oil & gas production company at the end of 2018Q3, valued at $63,000, down from 394,238 at the end of the previous reported quarter. Concourse Capital Management Llc who had been investing in Encana Corp for a number of months, seems to be less bullish one the $6.29 billion market cap company. The stock increased 1.81% or $0.12 during the last trading session, reaching $6.74. About 56.10M shares traded or 115.37% up from the average. Encana Corporation (NYSE:ECA) has declined 46.66% since January 11, 2018 and is downtrending. It has underperformed by 46.66% the S&P500. Some Historical ECA News: 29/03/2018 – ENCANA CORP SAYS ON MARCH 28, ENTERED INTO A FIRST AMENDING AGREEMENT, TO ITS RESTATED CREDIT AGREEMENT, DATED AS OF JULY 16, 2015 – SEC FILING; 02/04/2018 – KEYERA – ENTERED 20-YR INFRASTRUCTURE DEVELOPMENT AND MIDSTREAM SERVICE AGREEMENT WITH ENCANA; 01/05/2018 – ENCANA SEES EXECUTING FULL BUYBACK PROGRAM; 02/04/2018 – ENCANA FUNDING OF REMAINING DEVELOPMENT EST AT ABOUT C$105M; 01/05/2018 – ENCANA SEES MIDLAND DIFFERENTIALS CONTINUING TO WIDEN; 02/04/2018 – ENCANA REACHES PACT WITH KEYERA PARTNERSHIP, A UNIT OF KEYERA; 21/03/2018 Encana Closes Above 50-Day Moving Average: Technicals; 01/05/2018 – ENCANA BEGINS FIRST-QUARTER EARNINGS CONFERENCE CALL; 01/05/2018 – ENCANA CONCLUDES FIRST-QUARTER CONFERENCE CALL; 26/03/2018 – Moody’s: Encana Rating Outlook Changed to Stable From Positive

Selz Capital Llc increased its stake in Caesars Entertain Corp (CZR) by 2.09% based on its latest 2018Q3 regulatory filing with the SEC. Selz Capital Llc bought 65,000 shares as the company’s stock declined 26.60% with the market. The hedge fund held 3.18M shares of the hotels and resorts company at the end of 2018Q3, valued at $32.55 million, up from 3.11 million at the end of the previous reported quarter. Selz Capital Llc who had been investing in Caesars Entertain Corp for a number of months, seems to be bullish on the $5.71 billion market cap company. The stock increased 9.01% or $0.72 during the last trading session, reaching $8.71. About 46.45M shares traded or 122.78% up from the average. Caesars Entertainment Corporation (NASDAQ:CZR) has declined 42.39% since January 11, 2018 and is downtrending. It has underperformed by 42.39% the S&P500. Some Historical CZR News: 13/04/2018 – Caesars Entertainment Announces Agreement to Bring Harrah’s-Branded Tribal Casino to Northern California; 20/03/2018 – ‘@timseymour is rolling the dice on Caesars Entertainment in his Fast Pitch $CZR; 08/03/2018 – 15 Leading Esports Teams And Caesars Entertainment Team Up With The H1Z1 Pro League™ – The World’s First Professional “Battle; 25/04/2018 – CAESARS ENTERTAINMENT CORP – $200 MLN NON-GAMING, BEACH-FRONT PROJECT IS SET TO BREAK GROUND IN FIRST HALF 2019; 22/05/2018 – HAMLET HOLDINGS LLC EARLIER REPORTED 14.2 PCT STAKE IN CAESARS ENTERTAINMENT AS OF DECEMBER 5, 2017; 16/04/2018 – Caesars Entertainment Loans Reduced by 50 Basis Points; 09/05/2018 – Caesars Entertainment To Sell Real Estate Assets To Vici Properties — MarketWatch; 16/04/2018 – Caesars Entertainment Announces Repricing of CEOC $1.50 Billion Senior Secured Term Loan; 16/04/2018 – CAESARS ENTERTAINMENT – INTEREST RATE UNDER TERM FACILITY IS LONDON INTERBANK OFFERED RATE PLUS 200 BASIS POINTS; 09/05/2018 – Caesars Entertainment, VICI Properties Announce Letter of Intent for Asset Sale, Lease Amendments

Among 29 analysts covering Encana Corporation (NYSE:ECA), 23 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Encana Corporation had 138 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity maintained Encana Corporation (NYSE:ECA) on Monday, January 8 with “Buy” rating. The stock has “Buy” rating by Scotia Capital on Friday, February 16. UBS upgraded the shares of ECA in report on Thursday, March 23 to “Buy” rating. The firm has “Equal-Weight” rating given on Monday, November 5 by Morgan Stanley. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, November 20 report. The stock of Encana Corporation (NYSE:ECA) has “Market Perform” rating given on Tuesday, October 13 by FirstEnergy Capital. GMP Securities maintained the stock with “Buy” rating in Friday, January 26 report. As per Thursday, October 6, the company rating was maintained by Jefferies. The stock of Encana Corporation (NYSE:ECA) has “Buy” rating given on Friday, September 29 by GMP Securities. JP Morgan initiated the shares of ECA in report on Wednesday, February 15 with “Overweight” rating.

Concourse Capital Management Llc, which manages about $220.65M and $171.70M US Long portfolio, upped its stake in Nutrien Ltd by 22,595 shares to 82,595 shares, valued at $4.77M in 2018Q3, according to the filing. It also increased its holding in Jd Com Inc (NASDAQ:JD) by 87,115 shares in the quarter, for a total of 137,115 shares, and has risen its stake in Gulfmark Offshore Inc.

More notable recent Encana Corporation (NYSE:ECA) news were published by: Seekingalpha.com which released: “Encana: Is The Market Right About The Newfield Buyout? – Seeking Alpha” on December 14, 2018, also Seekingalpha.com with their article: “Encana: A 10-Year Transformation Taking Shape – Seeking Alpha” published on June 17, 2018, Seekingalpha.com published: “Encana Corporation 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 01, 2018. More interesting news about Encana Corporation (NYSE:ECA) were released by: Seekingalpha.com and their article: “Montney Shale Is Encana’s Growth Generator – Seeking Alpha” published on January 11, 2019 as well as Seekingalpha.com‘s news article titled: “Encana: 9 Reasons To Buy Post-Newfield Acquisition – Seeking Alpha” with publication date: November 02, 2018.

Analysts await Encana Corporation (NYSE:ECA) to report earnings on February, 21. They expect $0.13 earnings per share, up 8.33% or $0.01 from last year’s $0.12 per share. ECA’s profit will be $121.36M for 12.96 P/E if the $0.13 EPS becomes a reality. After $0.17 actual earnings per share reported by Encana Corporation for the previous quarter, Wall Street now forecasts -23.53% negative EPS growth.

Among 12 analysts covering Caesars Entertainment (NASDAQ:CZR), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Caesars Entertainment had 20 analyst reports since December 14, 2015 according to SRatingsIntel. As per Thursday, August 2, the company rating was maintained by Bank of America. The rating was maintained by Deutsche Bank with “Buy” on Monday, January 7. The firm has “Neutral” rating by UBS given on Wednesday, January 2. The firm has “Buy” rating given on Wednesday, May 31 by Oppenheimer. On Tuesday, June 6 the stock rating was maintained by Oppenheimer with “Buy”. The rating was upgraded by Nomura on Wednesday, March 7 to “Buy”. Oppenheimer maintained the stock with “Buy” rating in Tuesday, June 19 report. The rating was maintained by Barclays Capital with “Underweight” on Monday, December 14. On Monday, February 5 the stock rating was maintained by SunTrust with “Buy”. The firm has “Buy” rating by SunTrust given on Tuesday, October 24.

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Seekingalpha.com which released: “Casino stocks on watch after MGM-Starboard development – Seeking Alpha” on January 10, 2019, also Seekingalpha.com with their article: “Caesars Entertainment pushes ahead on sports betting – Seeking Alpha” published on July 30, 2018, Nasdaq.com published: “Interesting CZR Put And Call Options For February 15th – Nasdaq” on January 04, 2019. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Seekingalpha.com and their article: “Nomura updates on Las Vegas trends – Seeking Alpha” published on September 27, 2018 as well as Seekingalpha.com‘s news article titled: “UBS warns on Caesars Entertainment, MGM on watch – Seeking Alpha” with publication date: September 24, 2018.

Investors sentiment increased to 1.59 in 2018 Q3. Its up 0.06, from 1.53 in 2018Q2. It increased, as 32 investors sold CZR shares while 55 reduced holdings. 40 funds opened positions while 98 raised stakes. 752.94 million shares or 2.02% more from 738.02 million shares in 2018Q2 were reported. Tower Rech Ltd Com (Trc) accumulated 0% or 687 shares. Hg Vora Mngmt Limited Liability Corp reported 34.50 million shares. Barclays Public Limited Company holds 0.02% or 2.55M shares. Quinn Opportunity Ltd Liability stated it has 110,000 shares. Apollo Mgmt Ltd Partnership accumulated 49.88M shares. Voya Inv Management Ltd Liability, Georgia-based fund reported 122,226 shares. Usca Ria Ltd Limited Liability Company reported 0.02% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Tiaa Cref Investment Mgmt has invested 0% in Caesars Entertainment Corporation (NASDAQ:CZR). Bessemer Group stated it has 1,752 shares or 0% of all its holdings. 303,400 are held by Jefferies Gp Ltd Liability Corp. 49,816 were reported by Aperio Group Incorporated Limited Co. Citadel Advisors Lc invested 0.01% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Scopus Asset Mngmt LP has invested 0.64% in Caesars Entertainment Corporation (NASDAQ:CZR). Metropolitan Life Ins Company holds 0% or 14,500 shares. Gates Mgmt Inc accumulated 6.71M shares or 1.75% of the stock.

Selz Capital Llc, which manages about $474.62 million and $453.62M US Long portfolio, decreased its stake in United Rentals Inc (NYSE:URI) by 58,501 shares to 99,499 shares, valued at $16.28M in 2018Q3, according to the filing. It also reduced its holding in Ichor Holdings Shs by 562,565 shares in the quarter, leaving it with 109,312 shares, and cut its stake in Chemours Co Com.

Since November 13, 2018, it had 4 insider buys, and 1 sale for $572,444 activity. Roca Marco had sold 17,834 shares worth $146,453. On Thursday, December 20 the insider KORNSTEIN DON R bought $125,750. Benninger Thomas M. had bought 41,000 shares worth $319,390.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Positions Chart