Simplex Trading adds Eldorado Resorts Inc (ERI) to its portfolio

Eldorado Resorts Inc (ERI) : Simplex Trading added new position in Eldorado Resorts Inc during the most recent quarter end. The investment management firm now holds 19,253 shares of Eldorado Resorts Inc which is valued at $271,275 , the company said in a statement filed on Oct 7, 2016 with the SEC.Eldorado Resorts Inc makes up approximately 0.04% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in ERI in the latest quarter, The investment management firm added 843 additional shares and now holds a total of 1,959 shares of Eldorado Resorts Inc which is valued at $27,387.

Eldorado Resorts Inc closed down -0.09 points or -0.63% at $14.09 with 2,33,274 shares getting traded on Friday. Post opening the session at $14.24, the shares hit an intraday low of $13.92 and an intraday high of $14.24 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Many Wall Street Analysts have commented on Eldorado Resorts Inc. Eldorado Resorts Inc was Initiated by SunTrust to “Buy” on Aug 19, 2016. Company shares were Reiterated by Imperial Capital on Aug 15, 2016 to “Outperform”, Firm has raised the Price Target to $ 19 from a previous price target of $18 .

Eldorado Resorts Inc. (ERI) is a casino entertainment company. The Company’s principal operating activities include owning and operating gaming facilities in three geographic regions: Reno Shreveport and the eastern states. The Company operates through three business segments: Eldorado Shreveport Eldorado Reno and MTR Gaming. The Company conducts its operations through its subsidiaries MTR Gaming Group Inc. (MTR Gaming) Eldorado Holdco LLC (HoldCo) and Eldorado Resorts LLC (Resorts). Its property portfolio includes approximately seven facilities in over five markets with a total of approximately 10230 slot machines and video lottery terminals (VLTs) approximately 300 table games approximately 4850 hotel rooms approximately 35 dining bar and entertainment options and over three pari-mutuel racing facilities. The Company owns and operates approximately seven properties in approximately five states.

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