Markets

MGM Resorts International (MGM)

MGM Resorts International (MGM)

Urban Edge Properties had 5 analyst reports since September 8, 2015 according to SRatingsIntel. The rating was upgraded by UBS on Monday, November 2 to "Buy". The firm has "Hold" rating given on Monday, September 11 by Deutsche Bank. The stock of MGM Resorts International (NYSE:MGM) has "Buy" rating given on Wednesday, November 1 by Nomura. As per Friday, February 17, the company rating was maintained by Stifel Nicolaus.

Nwi Management Lp decreased Mgm Resorts International (MGM) stake by 51.31% reported in 2017Q2 SEC filing. Waldron Ltd Partnership accumulated 0.06% or 6,480 shares. The Nwi Management Lp holds 930,000 shares with $29.10 million value, down from 1.91 million last quarter. FMR LLC boosted its holdings in MGM Resorts International by 66.7% in the 2nd quarter. New bought a new position in shares of MGM Resorts International during the 2nd quarter worth approximately $206,000. It has outperformed by 28.58% the S&P500. The company has a market capitalization of $19,214.73, a price-to-earnings ratio of 30.03, a PEG ratio of 7.71 and a beta of 1.44. It develops Trehalose 90mg/mL IV solution, a protein stabilizer and autophagy enhancer to treat patients with oculopharyngeal muscular dystrophy and spinocerebellar ataxia type 3.

Consumer Services sector is now negative by -46.17, and is still relatively encouraging.Index reported $9260.05mn in upwards price movements, while $10153.17mn pulled the index down ending up at $-893.12mn in total money sector flow. Given that liquidity is king in short-term, FDX is a stock with 261.74 million shares outstanding that normally trades 0.02% of its float. Harvest Capital Credit Corporation (HCAP) has risen 1.17% since December 6, 2016 and is uptrending. It has underperformed by 39.89% the S&P500.

Investors sentiment increased to 1.34 in Q2 2017. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. It also increased its holding in Axalta Coating Sys Ltd by 707,150 shares in the quarter, for a total of 5.41M shares, and has risen its stake in Delphi Automotive Plc (NYSE:DLPH).




Other hedge funds also recently made changes to their positions in the company. California Public Employees Retirement Systems holds 973,745 shares or 0.05% of its portfolio. 203,000 are owned by Quantitative Invest Mgmt Ltd. Concourse Mgmt Limited Liability Company holds 5.17% or 292,416 shares in its portfolio. Waterfront Cap Prtn Ltd Liability Corp owns 1.04% invested in Zayo Group Holdings, Inc. Andra Ap owns 6,700 shares. Jefferies invested in 18,176 shares or 0% of the stock. Caprock Gru has 7,948 shares for 0.06% of their portfolio. The Pennsylvania-based Janney Montgomery Scott Llc has invested 0.01% in the stock. The insider, JAMES PHYLLIS, now holds 8,961 shares of MGM.

Investors sentiment decreased to 1.01 in 2017 Q2. This represents a $0.44 annualized dividend and a dividend yield of 1.33%.

In other news, insider Robert Baldwin sold 61,600 shares of MGM Resorts International stock in a transaction that occurred on Wednesday, November 15th.

VANGUARD GROUP INC raised its stake in MGM Resorts International (NYSE:MGM) by 23.36% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. (SIRI) worth $418.94 million at the end of the most recent reporting period. Axa has invested 0.04% of its portfolio in MGM Resorts International (NYSE:MGM). Cap Investment Ltd Liability Corporation has invested 0.04% in Lowe's Companies, Inc. Pension accumulated 495,123 shares or 0.1% of the stock. Kg (OTCMKTS:HENKY), 2 have Buy rating, 2 Sell and 1 Hold. First Eagle Management Limited Liability Co holds 0.01% of its portfolio in MGM Resorts International (NYSE:MGM) for 188,445 shares. Gateway Investment Advisers Ltd Liability Company reported 0.06% stake. Deutsche Bank has "Buy" rating and $28 target. Cornerstone Advisors, a Alabama-based fund reported 17,000 shares. About 3.25M shares traded. Pinnacle Associate Limited invested in 348,342 shares or 0.21% of the stock. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 62% are positive. Barclays restated an "overweight" rating on shares of MGM Resorts International in a report on Monday, October 2nd. MGM Resorts International has a one year low of $25.15 and a one year high of $34.65. Moreover, Globeflex Capital L P has 0.02% invested in the company for 4,626 shares. The stock has "Buy" rating by Citigroup on Wednesday, April 13. Stifel Nicolaus maintained the shares of MGM in report on Friday, April 28 with "Buy" rating. This buyback authorization permits the company to purchase up to 5.3% of its stock through open market purchases. The rating was maintained by Telsey Advisory Group with "Outperform" on Tuesday, January 17. Telsey Advisory Group maintained MGM Resorts International (NYSE:MGM) on Tuesday, November 8 with "Outperform" rating. Zacks Investment Research raised MGM Resorts International from a "sell" rating to a "hold" rating in a research note on Friday, November 10th. They expect $0.07 earnings per share, down 36.36% or $0.04 from last year's $0.11 per share.


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