The company operates in the Consumer Cyclical sector with a market capitalization of 19.74 Million. The firm has a market capitalization of $19,877.11, a price-to-earnings ratio of 34.34, a PEG ratio of 6.41 and a beta of 1.45. The stock increased 0.47% or $0.05 during the last trading session, reaching $10.78. About 166,340 shares traded or 32.87% up from the average. Vivendi SA (OTCMKTS:VIVEF) has 0.00% since January 13, 2017 and is. It has underperformed by 13.30% the S&P500. MGM Resorts International has a fifty-two week low of $25.15 and a fifty-two week high of $35.18. On Monday, July 31 RENDUCHINTALA VENKATA S M sold $496,438 worth of Intel Corporation (NASDAQ:INTC) or 13,996 shares. Insiders have sold 96,877 shares of company stock worth $3,187,002 in the last 90 days. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world.
The stock decreased 0.55% or $0.0699 during the last trading session, reaching $12.5401. Another trade for 49,179 shares valued at $1.63 million was sold by BALDWIN ROBERT. Stifel Nicolaus cut MGM Resorts International from a buy rating to a hold rating and cut their price target for the stock from $38.00 to $33.00 in a research note on Wednesday, October 18th. It has outperformed by 28.58% the S&P500.
Investors sentiment increased to 1.53 in 2017 Q3. The company has managed to keep price to sales ratio of 1.04 against an industry average of 1.55.
Several hedge funds have recently added to or reduced their stakes in MGM. 458.66 million shares or 7.73% more from 425.76 million shares in 2017Q2 were reported. Oakbrook Invests Lc accumulated 20,870 shares or 0.04% of the stock. Tci Wealth Advsr invested in 142 shares. Covey Cap Advsr Lc holds 44,610 shares. Amer Century Cos reported 3.05 million shares stake. Investors of record on Monday, December 11th were paid a dividend of $0.11 per share. Also, Director Sean Charland purchased 25,000 shares of MGM Resorts International stock in a transaction that occurred on Wednesday, December 6th. Caxton Associate Ltd Partnership owns 215,000 shares. Shares for $1.37 million were sold by SELWOOD ROBERT. Legal General Gp Public Limited Company reported 0.05% stake. Yost Cap Management Limited Liability Company has invested 19.94% of its portfolio in MGM Resorts International (NYSE:MGM). Ameritas Investment Partners Inc holds 0.02% or 11,000 shares. The correct version of this article can be viewed at https://www.truebluetribune.com/2018/01/13/mgm-resorts-international-mgm-position-boosted-by-parametric-portfolio-associates-llc.html. Parametric Portfolio Associates LLC owned about 0.09% of MGM Resorts International worth $16,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Massachusetts Services Communication Ma, a Massachusetts-based fund reported 1.01M shares.
Golar LNG (GLNG) Coverage Initiated at Jefferies Group
Nationwide Fund Advisors owned approximately 0.11% of Golar LNG worth $2,373,000 as of its most recent filing with the SEC. It dived, as 66 investors sold PCLN shares while 320 reduced holdings. 65 funds opened positions while 289 raised stakes.
Since July 31, 2017, it had 0 insider buys, and 11 sales for $18.81 million activity. MURREN JAMES also sold $1.89M worth of MGM Resorts International (NYSE:MGM) on Monday, July 31. $175,521 worth of stock was sold by Bruzzo Chris on Tuesday, August 1. 30,318 shares were sold by D'ARRIGO DANIEL, worth $1.03M on Thursday, September 7. Neuberger Berman Group LLC grew its holdings in shares of MGM Resorts International by 63.2% during the 2nd quarter. MGM Resorts International's dividend payout ratio is presently 43.14%. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.00, which implies that analysts are generally neutral in their outlook for MGM over the next year. Therefore 73% are positive. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. The firm earned "Buy" rating on Thursday, August 11 by Buckingham Research. The firm has "Outperform" rating given on Tuesday, January 17 by Telsey Advisory Group. Deutsche Bank maintained the shares of MGM in report on Friday, June 17 with "Buy" rating. As per Friday, October 30, the company rating was maintained by Deutsche Bank. Mizuho upgraded Intel Corporation (NASDAQ:INTC) rating on Tuesday, January 12. Catalyst Cap Advisors Limited Com holds 0.01% of its portfolio in MGM Resorts International (NYSE:MGM) for 8,300 shares.
MGM Resorts International (MGM) saw 46.12 million in free cash flow last quarter, representing a quarterly net change in cash of 229.63 million. This showed a surprise of 0% in the last quarter earnings. MGM's profit will be $39.63M for 125.11 P/E if the $0.07 EPS becomes a reality. Roth Capital started coverage on MGM Resorts International in a research report on Wednesday, October 25th.
Investors sentiment is 1.03 in Q3 2017. Another trade for 650 shares valued at $120,790 was sold by Long Letitia A. On Monday, August 14 Clark Vernon E sold $149,378 worth of Raytheon Company (NYSE:RTN) or 829 shares. 5 funds opened positions while 14 raised stakes. Private Advisor Gp Llc reported 0.01% of its portfolio in O'Reilly Automotive, Inc. State Treasurer State Of Michigan has 0.09% invested in Electronic Arts Inc. (NYSE:MVC). Us State Bank De owns 5,000 shares. Navellier And, Nevada-based fund reported 155,535 shares. Tudor Investment Et Al holds 0.27% or 325,000 shares. Wells Fargo & Company Mn stated it has 9,961 shares. Pinnacle Partners holds 1,608 shares. Bridger Ltd Limited Liability Company accumulated 1.52 million shares. Geode Capital Mngmt Ltd Co holds 5.24M shares. Cs Mckee LP stated it has 0.03% in MVC Capital, Inc. Moreover, Stifel Corp has 0.08% invested in O'Reilly Automotive, Inc.
Blair William & Company increased Anadarko Petroleum Corp (NYSE:APC) stake by 6,642 shares to 53,025 valued at $2.59M in 2017Q3. It also reduced Exxon Mobil Corp (Put) (NYSE:XOM) stake by 1.50 million shares and now owns 5.00M shares. Now it is offering a dividend yield of 1.84% and a 5 year dividend growth rate of -17.65%.