As per Wednesday, August 5, the company rating was downgraded by Zacks. The company was maintained on Thursday, November 9 by Roth Capital.
Gavin Saitowitz decreased its stake in Mgm Resorts International (MGM) by 60.14% based on its latest 2017Q2 regulatory filing with the SEC.
MGM Resorts International announced that its Board of Directors has authorized a stock repurchase program on Tuesday, September 5th that authorizes the company to buyback $1.00 billion in outstanding shares. The Axiom International Investors Llc holds 1.96M shares with $61.19 million value, down from 1.99M last quarter. Lowes Cos Inc now has $68.47 billion valuation. The stock decreased 1.94% or $0.66 during the last trading session, reaching $33.28. About shares traded. Henkel AG & Co. MGM Resorts International (NYSE:MGM) has risen 45.28% since December 7, 2016 and is uptrending. It has outperformed by 28.58% the S&P500. A score above three means the company is not likely to go bankrupt, while score less than 1.8 suggests the firm is probably headed for bankruptcy. 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. The stock decreased 2.43% or $0.25 during the last trading session, reaching $10.05. Highline Management Ltd Partnership owns 2.70 million shares. Harvest Capital Credit Corporation (HCAP) has risen 1.17% since December 6, 2016 and is uptrending. It has underperformed by 10.78% the S&P500. The company has a quick ratio of 0.98, a current ratio of 1.02 and a debt-to-equity ratio of 1.26.
Several other institutional investors have also recently bought and sold shares of MGM.
Par Capital Management Inc increased Mckesson Corp (NYSE:MCK) stake by 586,200 shares to 3.27M valued at $537.42 million in 2017Q2. After $0.33 actual earnings per share reported by MGM Resorts International for the previous quarter, Wall Street now forecasts -78.79 % negative EPS growth. Ironsides Asset Advsr Ltd Liability Company holds 0.1% or 7,350 shares in its portfolio. The fund owned 927,892 shares of the company's stock after selling 5,513 shares during the quarter. Two Sigma Secs Ltd Liability Company holds 12,748 shares or 0% of its portfolio. About 1.30M shares traded. Westfield Cap Mngmt Co LP reported 791,070 shares or 0.21% of all its holdings. 17,367 were reported by Envestnet Asset Mgmt Inc. The Tennessee-based Pinnacle Financial Prtn has invested 0.03% in Lowe's Companies, Inc. Plante Moran Advisors Ltd Liability Corp accumulated 250 shares.
Capital Research Global Investors grew its holdings in MGM Resorts International by 1.9% during the second quarter. Its down 0.22, from 1.23 in 2017Q1.
Land & Buildings Investment Management LLC raised its stake in shares of MGM Resorts International (NYSE:MGM) by 9.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Central Bank And has invested 0.06% in MGM Resorts International (NYSE:MGM). Rech Glob Investors has 0.32% invested in MGM Resorts International (NYSE:MGM). Asset Management One Comm Limited holds 677,799 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt holds 0% in Zayo Group Holdings, Inc. Cipher Capital Ltd Partnership holds 63,617 shares. First Manhattan reported 0% in MGM Resorts International (NYSE:MGM). Moreover, Meiji Yasuda Life Ins has 0.15% invested in MGM Resorts International (NYSE:MGM) for 30,300 shares. Bronson Point Mgmt Limited Liability reported 2.79% of its portfolio in MGM Resorts International (NYSE:MGM). Net profit margin of MGM Resorts International (MGM) was recorded at 5.6 percent, operating profit margin was 16.7 percent, while gross profit margin stands at 42.8 percent. Andra Ap stated it has 0.04% of its portfolio in MGM Resorts International (NYSE:MGM). 606.01 million shares or 2.56% less from 621.93 million shares in 2017Q1 were reported.
MGM Resorts International (NYSE:MGM) is expected to pay $0.11 on Dec 15, 2017. Therefore 62% are positive. MGM Resorts had 54 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of MGM Resorts International (NYSE:MGM) earned "Neutral" rating by Susquehanna on Tuesday, October 3. The company was upgraded on Thursday, October 6 by Argus Research. The rating was maintained by Telsey Advisory Group with "Outperform" on Friday, July 28. The company maintains price to book ratio of 3.07 vs.an industry average at 6.80. Morgan Stanley set a $35.00 target price on MGM Resorts International and gave the stock a "buy" rating in a research note on Friday, October 6th. The company was maintained on Friday, May 6 by Telsey Advisory Group. The rating was maintained by Stifel Nicolaus on Wednesday, August 30 with "Buy". As per Thursday, June 9, the company rating was maintained by Stifel Nicolaus. The stock of MGM Resorts International (NYSE:MGM) has "Overweight" rating given on Wednesday, November 1 by JP Morgan. MGM Resorts International's dividend payout ratio (DPR) is 43.14%. They expect $0.07 earnings per share, down 36.36% or $0.04 from last year's $0.11 per share. MGM's profit will be $39.63 million for 118.21 P/E if the $0.07 EPS becomes a reality. The Principal Financial Group Inc holds 57,765 shares with $1.81M value, down from 1.16M last quarter. It also upped Masonite Intl Corp New (NYSE:DOOR) stake by 95,000 shares and now owns 475,000 shares.