The Almost Risk-Free Investment: Caesars Entertainment Corporation (CZR) and Dominion Energy Inc. (D)

On Nov 25, Benninger Thomas M., Director sold 9,000 shares of Caesars Entertainment Corporation (NASDAQ: CZR), with the average selling price of the stock being $13.10 per share. The total amount realized from this sold $117,900. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, EVP Communications-Gov Rltns – Broome Richard D sold an extra 118,668 shares of this stock in a transaction that took place a day before, on Nov 21, with a share sold at an average of $13.02 and a total of $1,545,212 was realized from this transaction. After the transaction, the EVP Communications-Gov Rltns – Broome Richard D was left with 131,883 shares of the company’s stock, which is currently worth around $1717116.66.

The recent price movement of CZR means that it is now down by -1.10% from its 52-week high and 76.99% up against its 52-week low prices. Over the past one week, the price volatility of CZR stands at 1.12% while the volatility over the past one month is 1.01%. The beta score for this stock is 1.24. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 11/05/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.25 earnings per share (EPS) during that period. This report was above the expectations of analysts of -0.07 by 0.32. The revenue by the firm was 2.13B for the quarter.

The shares of Caesars Entertainment Corporation (CZR) dropped by -0.73%, leading to a loss of -$0.1 per share, and saw CZR end the trading session at $13.54 on Friday 01/10/20. CZR started the trading session at $13.66, before reaching a daily high of $13.67. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $13.51.

The trading volume on Friday stood at 12454461, which was below the stock’s 3-month average volume of 11.20 million shares, out of a total 673.77M shares. As the price of the stock dipped, the market valuation of the company dropped to 9.28 billion.

The shares of Dominion Energy Inc. (NYSE: D) went up by 0.18% by the end of the recent trading session. This movement saw its price surge to close at $82.07, which was higher than the previous closing price of $81.92. Over the past one week, the price of D has jumped by 0.38%, while it has recorded a gain of 2.47% over the past one month. Its three-month performance saw D gain 0.35% while its six-month performance saw it surge by 5.90%. The situation is different though over the past one year, as the stock price went up by 14.14%, while its year-to-date (YTD) price performance slipped by -0.91%. The stock price has gone up by +3.21% compared to its 90-day low, while it is down -2.22% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 3,048,400 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 3,095,348 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see D stock with a 100-Day average volume of 3,170,676 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves D with an average rating of 80% Buy.

Several brokerage firms sent out their reports D stock not long ago. In its report sent out on August 07, 2019, Morgan Stanley lowered its ratings on D to a Equal-Weight. In an earlier report on August 01, 2019, Wolfe Research Upgrade the stock from a Peer Perform to a Outperform. Credit Suisse meanwhile in its report on August 01, 2019 Upgrade its rating of the stock from a “Outperform” to “Outperform”.

In related news to the company’s stock, around 68.00% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1404 institutions currently hold the D stock. In the last quarter, a 550,903,739 D shares were in the possession of institutions. On the other hand, the company recorded 96 new institutions who bought it their stock, while 73 institutions sold their entire D reserve. Of the current institutions investing in the stock, 712 increased their investment while 478 decreased their investment in the stock.