30 July, 2017
The firm owned 36,237 shares of the company's stock after buying an additional 2,613 shares during the period. Moreover, Sg Americas Limited Com has 0.01% invested in MGM Resorts International (NYSE:MGM). The company presently has a consensus rating of Buy and a consensus price target of $34.38. Vanguard Group Inc. boosted its stake in shares of MGM Resorts International by 8.4% in the first quarter. About 8,996 shares traded. Harris Associates L P boosted its stake in shares of MGM Resorts International by 40.7% in the first quarter. Private Capital Advisors Inc. bought a new position in shares of MGM Resorts International during the first quarter valued at $724,000. Finally, Central Bank & Trust Co. purchased a new stake in shares of MGM Resorts International during the second quarter worth about $222,000. Finally, Canyon Capital Advisors LLC boosted its position in shares of MGM Resorts International by 19.3% in the first quarter. Company insiders own 12.20% of the company's stock. Year to date MGM Resorts International (NYSE:MGM) is 14.95%, 7.91% over the last quarter, and 11.25% for the past six months. The average volume stands around 9.07 million shares. However the price at the close of last session was 3.38% higher than its 50-day moving average and 14.59% over its 200-day moving average.
P/E ratio of the company is 15.43. MGM Resorts International has a 1-year low of $23.38 and a 1-year high of $34.53.
On 4/27/2017 MGM Resorts International announced a quarterly dividend of $0.11 1.43% with an ex dividend date of 6/7/2017 which will be payable on 6/15/2017. The company reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.03, Morningstar.com reports. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.67 billion. Guardian Trust Co has invested 0% in MGM Resorts International (NYSE:MGM). The company's quarterly revenue was up 16.4% compared to the same quarter past year. During the same period in the prior year, the company posted $0.29 EPS.
04/28/2017 - MGM Resorts International had its " rating reiterated by analysts at Aegis Capital. Financial Bank Of Montreal Can owns 0% invested in Lifelock Inc (NYSE:LOCK) for 19,724 shares. The ex-dividend date of this dividend is Friday, September 8th. This represents a change of -0.54% from the opening. Emerald Advisers Inc Pa reported 0.15% of its portfolio in MGM Resorts International (NYSE:MGM).
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MGM has been the topic of several research analyst reports. MGM Resorts International (NYSE:MGM) has risen 45.28% since July 28, 2016 and is uptrending. Barclays PLC dropped their target price on shares of MGM Resorts International from $32.00 to $31.00 and set an overweight rating on the stock in a report on Thursday, March 23rd. Susquehanna maintained MGM Resorts International (NYSE:MGM) rating on Monday, June 20. It increased, as 31 investors sold MGM Resorts International shares while 121 reduced holdings. On Monday, May 1 Mandekic Anthony Leo sold $370,375 worth of MGM Resorts International (NYSE:MGM) or 11,913 shares. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock.
During the trading day, the stock price fluctuated between $32.31 and $34.17. SANDERS COREY IAN sold $677,570 worth of stock or 21,441 shares. Crosslink Capital Inc sold 126,617 shares as the company's stock 0.00%. Toronto Dominion Bank now owns 5,020 shares of the company's stock valued at $138,000 after buying an additional 1,099 shares in the last quarter. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
On 5/3/2017 Rose Mckinney-James, Director, sold 880 with an average share price of $30.95 per share and the total transaction amounting to $27,236.00. Following the completion of the sale, the executive vice president now directly owns 93,517 shares in the company, valued at approximately $2,874,712.58. The disclosure for this sale can be found here. In the last quarter, insiders sold 83,070 shares of company stock valued at $2,591,372. Mn Services Vermogensbeheer B.V.'s holdings in MGM Resorts International were worth $2,333,000 as of its most recent filing with the SEC. Under its resort operation, the Company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. The Company operates in two segments: domestic resorts and MGM China.
