ERI has been the topic of several research reports. ERI's profit will be $35.53 million for 19.27 P/E if the $0.46 EPS becomes a reality. The institutional investor held 1.12M shares of the consumer services company at the end of 2017Q4, valued at $37.26M, up from 1.00M at the end of the previous reported quarter.
Eldorado Resorts (NASDAQ:ERI) last announced its earnings results on Thursday, February 22nd. It has outperformed by 72.81% the S&P500.
Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 100% are positive. Also, the Hold rating count is 2 as of 04/12/18. JP Morgan maintained Eldorado Resorts, Inc. The company was initiated on Tuesday, February 20 by Roth Capital. It opened the session with a $34.85 price tag, later ranging from $34.65 to $35.725, the range at which the stock has traded at throughout the day. The company was maintained on Tuesday, November 8 by Needham. They set a "buy" rating and a $40.00 price objective for the company.
They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin. Barclays Capital maintained the stock with "Overweight" rating in Friday, August 4 report. The company was maintained on Wednesday, February 21 by Morgan Stanley. The firm earned "Outperform" rating on Friday, September 9 by Wedbush. The firm has "Neutral" rating by UBS given on Wednesday, November 29. 15,000 shares were sold by Dobkin Arkadiy, worth $1.37M on Monday, October 23. The insider Mayoras Richard Michael sold 2,500 shares worth $286,800.
Martin Currie Ltd decreased Paychex Inc (NASDAQ:PAYX) stake by 73,500 shares to 103,500 valued at $7.05M in 2017Q4. (NASDAQ:ERI). Credit Suisse Ag holds 0% of its portfolio in Eldorado Resorts, Inc.
Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.07, from 1.2 in 2017Q3.
A number of hedge funds have recently added to or reduced their stakes in the stock. Ancora Advsrs Llc holds 0.72% or 405,457 shares in its portfolio. Moreover, Barometer Capital Management Inc has 0.47% invested in Eldorado Resorts, Inc. (NYSE:EPAM). Martingale Asset Mgmt Limited Partnership reported 0.09% stake. Highvista Strategies Ltd Company invested 0.7% in Eldorado Resorts, Inc. (NYSE:JPM). Regions holds 1.98% or 1.71 million shares. Ipg Inv Advsr Limited Liability Company reported 4,059 shares. (NASDAQ:ERI). Jpmorgan Chase And owns 29,408 shares or 0% of their United States portfolio. (NYSE:JPM). Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 378,564 shares. It is negative, as 55 investors sold JPM shares while 802 reduced holdings. Robert W. Baird maintained the shares of JPM in report on Friday, October 13 with "Neutral" rating. Wells Fargo Co Mn reported 1.13M shares.
Investors sentiment increased to 1.27 in Q4 2017. Its down 0.03, from 0.91 in 2017Q3. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Eldorado Resorts by 117.4% during the fourth quarter. 36 funds opened positions while 44 raised stakes. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. Finally, Teacher Retirement System of Texas bought a new position in shares of Eldorado Resorts in the 4th quarter valued at about $563,000. (NASDAQ:ERI) or 317,300 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 5,042 shares.
Over the past 50 days, Eldorado Resorts, Inc. stock's -7.15% off of the high and 22.43% removed from the low. (NASDAQ:ERI). Proshare Advsr Limited Liability Company holds 0% or 6,952 shares in its portfolio. Fuller & Thaler Asset Mngmt holds 0.13% in Eldorado Resorts, Inc. (NASDAQ:ERI) for 53,817 shares. Shellback Capital Lp who had been investing in Eldorado Resorts Inc for a number of months, seems to be bullish on the $2.74B market cap company. (NASDAQ:ERI). 7,140 were reported by Parallax Volatility Advisers Lp. Hood River Cap Lc holds 1.53 million shares. 3,973 are owned by Ameritas Investment Partners.
Eldorado Resorts, Inc is a gaming and hospitality company that owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. Pggm Investments bought 110,000 shares as the company's stock declined 19.30% with the market. It owns and operates Eldorado Resort Casino Reno, a 814-room hotel, casino and entertainment facility; Silver Legacy Resort Casino, a 1,711-room themed hotel and casino; Circus Circus Reno, a 1,571-room hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a 357-room hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. Zacks Investment Research lowered Eldorado Resorts from a "buy" rating to a "hold" rating in a report on Friday, December 1st. Therefore 55% are positive. Jefferies Group initiated coverage on shares of Eldorado Resorts in a research report on Thursday, January 18th. Swiss National Bank increased its holdings in Eldorado Resorts by 3.2% during the 4th quarter. (NASDAQ:ERI) on Monday, September 25 with "Buy" rating. Voya Mgmt Ltd invested 0.06% in Eldorado Resorts, Inc. The firm has "Buy" rating by J.P. Morgan given on Thursday, July 20. The firm has "Buy" rating by Stifel Nicolaus given on Friday, July 28.