It Seems Caesars Acquisition Company (CACQ) Will Go Up. Formed A Few Months Bullish Double Top Pattern

September 17, 2017 - By reb123z

Investors sentiment decreased to 1.21 in 2016 Q4. Its down 0.29, from 1.5 in 2016Q3. It dropped, as 8 investors sold Caesars Acquisition Company shares while 21 reduced holdings. 13 funds opened positions while 22 raised stakes. 74.59 million shares or 1.25% more from 73.67 million shares in 2016Q3 were reported.
Credit Suisse Ag has 0% invested in Caesars Acquisition Company (NASDAQ:CACQ) for 38,333 shares. Rhumbline Advisers accumulated 55,826 shares or 0% of the stock. Whittier Trust stated it has 0% in Caesars Acquisition Company (NASDAQ:CACQ). Jpmorgan Chase And owns 91,730 shares for 0% of their portfolio. Manufacturers Life Insur Co The holds 31,366 shares or 0% of its portfolio. Pentwater Cap Mngmt Limited Partnership owns 1.23M shares. Parametric Portfolio Assoc stated it has 41,065 shares or 0% of all its holdings. Comml Bank Of America De holds 0% of its portfolio in Caesars Acquisition Company (NASDAQ:CACQ) for 1,654 shares. Moreover, State Street has 0% invested in Caesars Acquisition Company (NASDAQ:CACQ) for 750,734 shares. Retail Bank Of New York Mellon reported 155,657 shares. 872,537 are owned by Empyrean Prns Limited Partnership. Blackrock Advsrs, a Delaware-based fund reported 18,247 shares. Morgan Stanley has invested 0% in Caesars Acquisition Company (NASDAQ:CACQ). The Ohio-based Strs Ohio has invested 0% in Caesars Acquisition Company (NASDAQ:CACQ). Weaver C Barksdale & owns 232 shares.

Since May 5, 2017, it had 0 insider buys, and 4 insider sales for $1.13 million activity. Another trade for 18,910 shares valued at $333,217 was made by Vanke Troy J on Friday, May 5. Abrahams Craig Justin sold 20,000 shares worth $393,180. 10,000 Caesars Acquisition Company (NASDAQ:CACQ) shares with value of $176,832 were sold by Cohen Michael Daniel.

The chart of Caesars Acquisition Company (CACQ) shows a double top with $20.21 target or 5.00 % above today’s $19.25 share price. The 8 months chart pattern indicates low risk for the $2.68B company. It was reported on Sep, 17 by Finviz.com. If the $20.21 price target is reached, the company will be worth $134.00 million more. Double tops are rare but powerful chart patterns.

The stock increased 0.79% or $0.15 on September 15, reaching $19.25. About 1.13M shares traded or 428.91% up from the average. Caesars Acquisition Company (NASDAQ:CACQ) has risen 91.58% since September 17, 2016 and is uptrending. It has outperformed by 74.88% the S&P500.

More important recent Caesars Acquisition Company (NASDAQ:CACQ) news were published by: Seekingalpha.com which released: “New Caesars gets shareholder approvals for restructuring” on July 25, 2017, also Finance.Yahoo.com published article titled: “Caesars Entertainment, Caesars Acquisition Announces Pricing of CGPH $1.45 …”, Prnewswire.com published: “Caesars Entertainment Corporation and Caesars Acquisition Company Announce …” on February 21, 2017. More interesting news about Caesars Acquisition Company (NASDAQ:CACQ) was released by: Seekingalpha.com and their article: “New Caesars gets approvals in New Jersey” with publication date: July 14, 2017.

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