MGM Resorts International (MGM) Receiving Somewhat Positive Media Coverage, Study Finds

MGM Resorts International (NYSE:MGM) closed up +0.18 points or 0.55% at $33.06 with 6.16 mln shares exchanging hands. Insider data is useful because it can reveal what a company's executives and largest shareholders feel about a stock. Its investment was valued at $18,099,000 an increase of $93,000 as of quarter end. Accern also gave news stories about the company an impact score of 46.8544320055795 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. Bronson Point Management Ltd Llc has 2.79% invested in MGM Resorts International (NYSE:MGM) for 200,000 shares. Moreover, Jpmorgan Chase And Co has 0.01% invested in MGM Resorts International (NYSE:MGM) for 1.62M shares. Ltd. raised its position in MGM Resorts International by 146.3% in the second quarter. Concourse Capital Management, LLC bolstered its stake by buying 2,018 shares an increase of 0.7% as of 09/30/2017. Currently, MGM Resorts International (NYSE:MGM) has an average volume of 8.17 Million. American International Group Inc claims 154,344 shares worth $5,030,000.

Investors are feeling more bearish on shares of MGM Resorts International lately if you look at the uptick in short interest. MGM Resorts International has a 1-year low of $16.18 and a 1-year high of $27.04. The firm has a market capitalization of $18,614.63, a price-to-earnings ratio of 29.10, a PEG ratio of 7.47 and a beta of 1.42. Its down 0.22, from 1.23 in 2017Q1.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Employees Retirement Sys Of Texas invested in 0.11% or 260,000 shares. The rating was initiated by Goldman Sachs with "Buy" on Friday, December 16. MGM Resorts International's payout ratio is presently 43.14%. American International Group Inc controls 154,344 shares valued at $5,030,000. This repurchase authorization permits the company to repurchase up to 5.3% of its stock through open market purchases.

Canyon Capital Advisors Llc increased Mgm Resorts International (MGM) stake by 8.89% reported in 2017Q2 SEC filing. The stock was sold at an average price of $33.83, for a total value of $104,771.51. Following the completion of the sale, the chief accounting officer now directly owns 197,993 shares of the company's stock, valued at $6,704,042.98. Zacks Investment Research downgraded shares of MGM Resorts International from a "hold" rating to a "sell" rating in a research report on Wednesday, October 18th. Duncker Streett & owns 550 shares or 0.01% of their USA portfolio. The disclosure for this sale can be found here. Insiders have sold 698,548 shares of company stock worth $23,770,532 over the last ninety days. 66 funds opened positions while 117 raised stakes. If you are viewing this story on another publication, it was copied illegally and reposted in violation of US & worldwide trademark and copyright laws.

ILLEGAL ACTIVITY WARNING: "Capital Management Associates NY Lowers Holdings in MGM Resorts International (MGM)" was first published by StockNewsTimes and is the sole property of of StockNewsTimes.

A number of research analysts have issued reports on the company. Deutsche Bank AG reissued a "buy" rating on shares of MGM Resorts International in a report on Friday, September 16th. Sell-side analyst recommendations point to a short term price target of $37.78 on the company shares. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, August 5.

November 9 investment analysts at Stifel Nicolaus held the company rating at "Hold" targeting a price of $36.00. MGM Resorts International has a consensus rating of "Buy" and an average price target of $36.50.

MGM Resorts International is a holding company. The Company owns and operates casino resorts. The Company's residential real estate segment plans and develops primary residential and resort residential communities of various sizes on its existing land. The Companys resorts offer gaming, hotel, dining, entertainment, retail, and other resort amenities.

Want to see what other hedge funds are holding MGM?

Related News:

  • Lifestyle triggers major shift in disease burden across India

    Lifestyle triggers major shift in disease burden across India

    Venkaiah Naidu, who called for the immediate tackling of high disease burden caused by malnutrition. Road injuries and suicides are the leading contributors to the injury burden in India.
    Early set up for red kettles in Glace Bay area

    Early set up for red kettles in Glace Bay area

    The Salvation Army is accepting applications for holiday assistance from families of Wayne, Oakland and Macomb Counties. The Marquette County office is now looking to hire part time bell ringers, or - volunteer bell ringers are also needed.
    Antibiotic misuse could lead to their ineffectiveness

    Antibiotic misuse could lead to their ineffectiveness

    Kurt Elward, MD, MPH, FAAFP, President of the Medical Society of Virginia. "It is very good news". HQI, VDH, and VHHA co-chair Virginia's Healthcare-Associated Infections (HAI) Advisory Council.
  • Active Volume Stock: Synergy Pharmaceuticals, Inc. (SGYP)

    Now we see the performance from the period beginning the first day of the current calendar or fiscal year up to the current date. The impact of earnings growth is exponential. 0 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.
    The Chesapeake Energy Corp. (CHK) Sees Large Drop in Short Interest

    The Chesapeake Energy Corp. (CHK) Sees Large Drop in Short Interest

    The expected future growth in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock. Chesapeake Energy Corporation (CHK ) now has 908690 shares outstanding, which means that its market capitalization is $3.73B.
    Marquise Goodwin Explains Decision To Play After Infant Son's Death

    Marquise Goodwin Explains Decision To Play After Infant Son's Death

    After the game, Goodwin quickly exited the locker room to be by his family's side. "The reward will last longer than the pain". Goodwin had a huge impact on the 49ers' first victory over the season, a 31-21 win over the Giants at Levi's Stadium.
  • Mike Cammalleri swapped for Jussi Jokinen

    Mike Cammalleri swapped for Jussi Jokinen

    Cammalleri signed with the Kings as a free agent during the summer, but his second stint in L.A. lasted just 15 games. In 905 regular season games, he has posted 547 points (186-361=547), a plus-2 rating and 367 penalty minutes.
    Marvin Bagley injury: Duke freshman star exits game vs. Michigan State

    Marvin Bagley injury: Duke freshman star exits game vs. Michigan State

    Bagley also matched another Duke record held by Parker for most points by a freshman over the first two games of a career (49). Bagley got off to a solid start with four points and six rebounds before leaving the game with the eye injury.

    Parametric Portfolio Associates LLC Increases Position in First Potomac Realty Trust (FPO)

    Following the completion of the sale, the director now owns 917,530 shares in the company, valued at approximately $28,902,195. Chicago Equity Partners LLC bought a new position in First Potomac Realty Trust during the second quarter valued at $672,000.
  • Texas State University suspends Greek activities after pledge's death

    Texas State University suspends Greek activities after pledge's death

    Monday, Nov. 13, The San Marcos Police Department was dispatched to Millennium Apartments at 1651 Post Road. The death of a Texas State University sophomore may have been alcohol-related, police say.

    Amtrust Financial (NASDAQ:AFSI) Drops in Trading Today - Down by 5.63%

    The Company's divisions include Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. Manufacturers Life Ins Com The owns 0% invested in AmTrust Financial Services Inc (NASDAQ:AFSI) for 69,324 shares.
    Investor Watch: Checking on Shares of AVX Corporation (NYSE:AVX)

    Investor Watch: Checking on Shares of AVX Corporation (NYSE:AVX)

    Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. The pipeline company reported $0.03 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by ($0.11).


Most liked

Beazer Homes USA, Inc. (BZH) Stock Rating Lowered by Zacks Investment Research
Zacks Investment Research raised Beazer Homes USA from a "sell" rating to a "hold" rating in a research note on Monday, July 18th. BidaskClub raised shares of Beazer Homes USA from a "hold" rating to a "buy" rating in a research report on Tuesday, August 8th.

People's Sexiest Man Alive 2017 Goes To…
Brown , who plays Randall; Milo Ventimiglia , who plays Jack; and Justin Hartley , who plays Kevin. The magazine named the Pearson men of NBC's " This is Us " as sexiest cast: Sterling K.

LLC Raises Holdings in Vodafone Group PLC (VOD)
Technical analysis is as a method that applies to take a guess of future price trends through analyzing market action. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory.

'Cards Against Humanity' Just Bought Land On The US-Mexico Border
Cards Against Humanity harbors no illusions that it'll be able to stop the construction of the wall entirely. Cards Against Humanity just might be the savior we've been looking for.

Kate Middleton's uncle pleads guilty to punching wife in the face
Her husband was "panicked and walking in and out of the house, trying to get her to go back in the house", the court heard. Ms Shilton said: 'She (Mrs Goldsmith) then becomes upset, starts crying and uses some railings to assist her '.

Michael Bisping to retire after UFC London in March
When asked whom he'd put money on as St-Pierre's next opponent, Weidman guessed current welterweight champion Tyron Woodley . The division is obviously not where Weidman would prefer it to be, but he says he won't count out the new champion.

Fmr LLC Increases Stake in Unitedhealth Group INC (UNH)
The healthcare conglomerate reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.09. With 477,400 avg volume, 2 days are for Hub Group Incorporated (NASDAQ:HUBG)'s short sellers to cover HUBG's short positions.

Wannabe Baahubali tries elephant stunt, gets flung in the air
But when the youngster, identified as Jinu John, tried a similar feat, he was hurled ten feet across by an angry tusker. In an incident which occurred in Idduki district's Thodupuzha, a man's " Baahubali " stunt with elephant goes wrong.

U.S. wholesale inflation hits 5-year record in October
The so-called core PPI increased 2.3 percent in the 12 months through October after advancing 2.1 percent in September. Producer prices increased 0.4% in October, seasonally adjusted, after growing 0.4% in September, according to the U.S.

Evergreen Capital Management LLC Acquires New Stake in Nike, Inc. (NYSE:NKE)
Janney Montgomery Scott Ltd Liability has 0.16% invested in Nike Inc (NYSE:NKE) for 220,218 shares. Cooper Tire & Rubber Co (NYSE:CTB) has risen 15.20% since November 13, 2016 and is uptrending.

Jennison Associates LLC Buys 65945 Shares of Henry Schein, Inc. (HSIC)
Zacks Investment Research lowered Henry Schein from a "buy" rating to a "hold" rating in a research note on Wednesday, August 9th. Following the transaction, the senior vice president now directly owns 17,841 shares in the company, valued at $3,077,750.91.

Analyst's Viewpoint About PayPal Holdings, Inc. (PYPL), Envision Healthcare Corporation (EVHC)
This repurchase authorization authorizes the company to reacquire up to 4.5% of its stock through open market purchases. COPYRIGHT VIOLATION WARNING: This article was reported by Week Herald and is the sole property of of Week Herald.

Is Buying Alibaba Group Holding Limited (NYSE:BABA) Here Good Idea?
As of the end of the quarter Axiom International Investors LLC /DE had bought 182,989 shares growing its stake by 7.5%. With 4.57M avg volume, 1 days are for Iamgold Corporation (NYSE:IAG)'s short sellers to cover IAG's short positions.

Account Management LLC Holds Position in Enterprise Prods Partners LP (EPD)
Walnut Private Equity Partners Llc increased Enterprise Prods Partners Lp ( EPD ) stake by 17.1% reported in 2017Q2 SEC filing. Colgate-Palmolive Company has a beta of 0.89, offering the possibility of a higher rate of return, but also posing more risk.

Stocks Views And Recommendations: Automatic Data Processing, Inc. (ADP), Aramark (ARMK)
The rating was initiated by Compass Point on Friday, April 15 with "Sell". (NASDAQ:DISCK) advice adding it to buy candidate list. In related news, VP Maria Black sold 631 shares of the firm's stock in a transaction that occurred on Saturday, September 2nd.