Mgm Resorts International (MGM) Holder Selz Capital LLC Boosted Its Position

April 17, 2018 - By Stephen Andrade

MGM Resorts International (NYSE:MGM) LogoInvestors sentiment decreased to 0.95 in Q4 2017. Its down 0.58, from 1.53 in 2017Q3. It dived, as 60 investors sold MGM shares while 150 reduced holdings. 71 funds opened positions while 128 raised stakes. 450.52 million shares or 1.77% less from 458.66 million shares in 2017Q3 were reported. Brown Advisory holds 0% of its portfolio in MGM Resorts International (NYSE:MGM) for 16,538 shares. Ubs Asset Mgmt Americas has invested 0.04% in MGM Resorts International (NYSE:MGM). Tocqueville Asset Mngmt Lp holds 0.14% of its portfolio in MGM Resorts International (NYSE:MGM) for 378,807 shares. British Columbia Inv Mgmt Corporation has 236,166 shares. Fincl Bank Of Nova Scotia has invested 0.01% in MGM Resorts International (NYSE:MGM). Moreover, Integral Derivatives Ltd Limited Liability Company has 0.01% invested in MGM Resorts International (NYSE:MGM) for 7,706 shares. Moreover, Ascend Limited Company has 0.65% invested in MGM Resorts International (NYSE:MGM). Moreover, Gmt Capital Corporation has 1.8% invested in MGM Resorts International (NYSE:MGM) for 2.64 million shares. Plante Moran Financial Advsr Limited Com reported 194 shares. Weiss Multi, a Alabama-based fund reported 74,000 shares. Wellington Shields Capital Mgmt Lc invested in 0.23% or 44,587 shares. Daiwa Secs Gp, Japan-based fund reported 15,181 shares. Dnb Asset Management As invested 0.02% of its portfolio in MGM Resorts International (NYSE:MGM). Federated Invsts Incorporated Pa invested in 0.02% or 229,614 shares. Ibm Retirement Fund holds 0.08% of its portfolio in MGM Resorts International (NYSE:MGM) for 12,405 shares.

Since February 22, 2018, it had 1 insider buy, and 6 insider sales for $5.07 million activity. 23,134 shares were sold by SANDERS COREY IAN, worth $848,588 on Monday, March 12. TAYLOR DANIEL J sold $434,632 worth of stock. 1,000 MGM Resorts International (NYSE:MGM) shares with value of $35,500 were bought by GROUNDS WILLIAM WARWICK. $215,773 worth of stock was sold by BIBLE WILLIAM A on Tuesday, March 6. 36,366 shares were sold by D’ARRIGO DANIEL, worth $1.26M on Friday, February 23. The insider HORNBUCKLE WILLIAM sold 60,000 shares worth $2.18M.

Bernard Selz increased its stake in Mgm Resorts International (MGM) by 42.81% based on its latest 2017Q4 regulatory filing with the SEC. Selz Capital Llc bought 126,300 shares as the company’s stock rose 4.56% while stock markets declined. The hedge fund run by Bernard Selz held 421,300 shares of the hotels and resorts company at the end of 2017Q4, valued at $14.07M, up from 295,000 at the end of the previous reported quarter. Selz Capital Llc who had been investing in Mgm Resorts International for a number of months, seems to be bullish on the $20.46 billion market cap company. The stock increased 3.85% or $1.34 during the last trading session, reaching $36.11. About 6.28 million shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since April 17, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.

MGM Resorts International (NYSE:MGM) Ratings Coverage

Among 13 analysts covering MGM Resorts Intl (NYSE:MGM), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. MGM Resorts Intl had 17 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of MGM Resorts International (NYSE:MGM) earned “Overweight” rating by JP Morgan on Wednesday, November 1. Barclays Capital maintained MGM Resorts International (NYSE:MGM) on Friday, February 23 with “Overweight” rating. On Wednesday, October 18 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock has “Buy” rating by Bank of America on Wednesday, February 21. The stock has “Hold” rating by Susquehanna on Thursday, February 15. Nomura maintained MGM Resorts International (NYSE:MGM) rating on Wednesday, November 1. Nomura has “Buy” rating and $37.0 target. On Thursday, January 25 the stock rating was maintained by Nomura with “Buy”. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, February 21. As per Thursday, November 9, the company rating was maintained by Stifel Nicolaus. The stock of MGM Resorts International (NYSE:MGM) earned “Overweight” rating by Morgan Stanley on Tuesday, March 27.

MGM Resorts International (NYSE:MGM) Institutional Positions Chart

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