Big Money Are Not Betting On MGM Resorts International (NYSE:MGM), Sentiment at 1.03

MGM Resorts International (NYSE:MGM) Corporate Logo

“Big money” Positions

“Big money sentiment for MGM Resorts International (NYSE:MGM) in Q3 2018 decreased to 1.03, SEC.gov filings reveal. So its down -0.07, from 2018Q2’s 1.1. 188 funds opened new or increased stock positions, while 182 sold and reduced their positions in MGM Resorts International so the sentiment turned negative. Funds own 408.71 million shares, down from 416.49 million shares in 2018Q2. Funds holding MGM Resorts International in top 10 changed to 13 from 15 for a decrease of 2. 57 Investors Sold All; 125 Reduced Holdings; 120 increased holdings while 68 funds bought holdings.

Significant MGM Resorts International Shareholders

As of Q3 2018 Beach Point Capital Management Lp has 13.84% invested in MGM Resorts International. As of Q3 2018, 2.29 million shares of MGM Resorts International are owned by Land & Buildings Investment Management Llc. Hg Vora Capital Management Llc reported 6.50 million shares. Canyon Capital Advisors Llc revealed 21.16 million shares position in MGM Resorts International. The Massachusetts-based fund Three Bays Capital Lp looks positive on MGM Resorts International, having 2.14 million shares.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts in the United States and China.The firm is worth $14.76 billion. The firm operates through two divisions, Domestic Resorts and MGM China.8.46 is the P/E ratio. The Company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

$28 was the last price.It’s downtrending since January 12, 2018 and is 22.56% up. MGM underperformed by 22.56% the S&P500.

On February, 19 is anticipated MGM Resorts International (NYSE:MGM)’s earnings report, Zacks reports. If MGM’s EPS is $0.11 the profit will reach $57.99M for 63.64 P/E. -54.17 % negative EPS growth is what Wall Street’s sees after $0.24 reported EPS last quarter.

Norinchukin National Bank The reported 65,726 shs stake. 156,375 were accumulated by Rampart Mngmt Limited Liability Co. Skylands Cap Lc has 143,400 shs. Adage Capital Lc reported 0.04% in MGM Resorts International (NYSE:MGM). Kbc Grp Inc Nv invested in 1.21 million shs. Parallax Volatility Advisers L P invested in 0.01% or 262,017 shs. Utd Capital Advisers Limited Liability owns 0% invested in MGM Resorts International (NYSE:MGM) for 13,186 shs. Oregon Employees Retirement Fund accumulated 55,412 shs. Amundi Pioneer Asset Mgmt, Massachusetts-based fund reported 264,032 shs. Three Bays Lp holds 7.04% or 2.14M shs in its capital. Emerald Advisers Pa has invested 0.05% in MGM Resorts International (NYSE:MGM). Korea Invest Corporation invested 0.01% in MGM Resorts International (NYSE:MGM). Country Bancorp reported 804 shs. Hightower Limited Liability Co invested in 77,897 shs. Horizon Kinetics Lc reported 58,000 shs.

MGM Resorts International registered $5.25 million net activity with 0 insider purchases and 4 insider sales since August 16, 2018. On Thursday, August 30 D’ARRIGO DANIEL had sold 58,676 shs worth $1.71M. Shares for $49,490 were sold by HERMAN ALEXIS. $446,886 worth of stock was sold by JAMES PHYLLIS on Friday, November 2.

MGM Resorts International (NYSE:MGM) Ratings Coverage

In total 4 analysts cover MGM Resorts Intl (NYSE:MGM). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. 5 are the (NYSE:MGM)’s analyst reports since July 20, 2018 according to StockzIntelligence Inc. On Monday, August 6 the rating was maintained by Barclays Capital with “Overweight”. The stock rating was maintained by Morgan Stanley with “Overweight” on Friday, July 20. On Friday, August 3 the rating was maintained by Stifel Nicolaus with “Hold”. On Friday, August 3 Morgan Stanley maintained the shares of MGM in report with “Overweight” rating.

For more MGM Resorts International (NYSE:MGM) news announced briefly go to: Prnewswire.com, Investorplace.com, Seekingalpha.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “MGM Resorts International Executive Uri Clinton Named President & COO Of New York’s Empire City Casino – PRNewswire” announced on December 21, 2018, “3 Big Stock Charts for Friday: General Electric, Hologic and MGM Resorts – Investorplace.com” on January 11, 2019, “Bye, Bye Bookie – MGM Resorts International – Seeking Alpha” with a publish date: July 31, 2018, “MGM: Overstretched And Oversold, A Dilemma And Opportunity – Seeking Alpha” and the last “LADY GAGA ENIGMA Headlines Grand Opening Of New Las Vegas Resort, Park MGM – PRNewswire” with publication date: December 29, 2018.

MGM Resorts International (NYSE:MGM) Institutional Investors Chart

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