Investor's Watch List: Discovery Communications, Inc. (DISCA), MGM Resorts International (MGM)

Mae Love
January 13, 2018

Capital Management Associates sold 11,050 shares as the company's stock rose 17.48% with the market.

MGM Resorts International, formerly known as MGM MIRAGE, is a global hospitality company, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The stock increased 2.20% or $0.747 during the last trading session, reaching $34.667. About 2.91 million shares traded. Toronto Dominion Bank raised its position in shares of MGM Resorts International by 12.4% in the second quarter. It has outperformed by 28.58% the S&P500. $553,133 worth of MGM Resorts International (NYSE:MGM) shares were sold by SANDERS COREY IAN. Short-term as well long term shareholders always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded N/A as current ratio and on the opponent side the debt to equity ratio was 2.98 and long-term debt to equity ratio also remained 2.98. Woodley Farra Manion Portfolio Management Inc who had been investing in U.S. Bancorp for a number of months, seems to be bullish on the $94.43 billion market cap company. About 5.98 million shares traded. MGM Resorts International (NYSE:MGM) has risen 45.28% since January 12, 2017 and is uptrending. It has underperformed by 5.63% the S&P500. Atlantic Securities downgraded the shares of DG in report on Wednesday, August 31 to "Neutral" rating. The firm owned $23.21 million shares of the company's stock after selling 12.77 million shares during the period. Trading volume for MGM Resorts International was 7.5 Million in its previous trading session. Insiders have sold 96,877 shares of company stock worth $3,187,002 in the last ninety days. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2018/01/12/janus-henderson-group-plc-sells-249338-shares-of-mgm-resorts-international-mgm.html. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.25%. It is positive, as 43 investors sold MGM shares while 113 reduced holdings. 94 funds opened positions while 145 raised stakes. 458.66 million shares or 7.73% more from 425.76 million shares in 2017Q2 were reported. Numeric Invsts Limited Liability Company invested 0.01% in MGM Resorts International (NYSE:MGM). Tudor Investment Et Al holds 0.27% or 325,000 shares. Texas Permanent School Fund invested 0.06% in MGM Resorts International (NYSE:MGM). 162 were reported by Parkside Bancorporation &. Another trade for 49,179 shares valued at $1.63M was sold by BALDWIN ROBERT. Employees Retirement Sys Of Texas invested 0.12% of its portfolio in MGM Resorts International (NYSE:MGM). 349,967 were reported by Stevens Cap Management Lp.

Several other institutional investors have also sold shares of the company. Btc Incorporated has 80,629 shares for 2.22% of their portfolio. Sectoral Asset Management Inc, a Quebec - Canada-based fund reported 251,699 shares. Stephens Invest Grp Inc Ltd owns 0.06% invested in MGM Resorts International (NYSE:MGM) for 73,581 shares. At present, 3 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Moreover, Braun Stacey has 1.03% invested in MGM Resorts International (NYSE:MGM) for 463,300 shares. Therefore 77% are positive.

According to Zacks Investment Research, MGM Resorts International has a Consensus Recommendation of 1.77. The rating was initiated by Goldman Sachs with "Buy" on Friday, December 16. Morgan Stanley maintained the shares of CCI in report on Thursday, August 24 with "Overweight" rating. The company was maintained on Monday, June 20 by Susquehanna.

MGM Resorts International (NYSE:MGM) touched its 1-Year High price of $35.13 on 01/11/18 and its 1-Year Low price of $25.15 on 03/10/17. Stifel Nicolaus maintained it with "Buy" rating and $33 target in Tuesday, November 8 report. The firm earned "Overweight" rating on Tuesday, October 13 by JP Morgan.

MGM Resorts International is a holding company. As per Friday, February 17, the company rating was maintained by Stifel Nicolaus. Finally, Nomura cut their target price on MGM Resorts International from $38.00 to $37.00 and set a buy rating on the stock in a research report on Wednesday, November 1st. A 13 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of MGM or, if they already own its stock, sell it.

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MGM Resorts International (MGM) in the last quarter reported its actual EPS of $0.34/share where the analyst estimated EPS was $0.34/share. The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS). MGM's profit will be $39.63 million for 123.81 P/E if the $0.07 EPS becomes a reality. Guardian Life Insur Of America holds 0.01% in MGM Resorts International (NYSE:MGM) or 1,195 shares.

Analysts await B&G Foods, Inc. They expect $0.59 EPS, up 103.45% or $0.30 from last year's $0.29 per share.

A number of other analysts also recently commented on the company. The stock has "Neutral" rating by DA Davidson on Friday, December 11.

The Stock now has Analyst' mean Recommendation of 2.8 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. The company was downgraded on Thursday, April 7 by William Blair.

The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. As per Monday, May 9, the company rating was upgraded by Credit Suisse.

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