Is MGM Resorts Intl (NYSE:MGM) In Trouble? Deutsche Bank Issues Downgrade


This buyback authorization authorizes the company to reacquire up to 5.3% of its stock through open market purchases. The Firm is focused on the use of its N-acetylgalactosamine (GalNAc)-conjugate platform for delivery of small interfering RNAs (siRNAs). Out of 5 Wall Street analysts rating MGM Resorts, 5 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". About 2.32M shares traded. It has outperformed by 28.58% the S&P500. It was reported on Sep, 12 by Canyon Capital Advisors LLC increased its position in shares of MGM Resorts International by 8.9% during the second quarter.

MGM Resorts International (MGM) now the company's industry has 12.52 P/E and the sector P/E is 16.52. The company has a market cap of $19.03 billion, a PE ratio of 19.59 and a beta of 1.48. As of December 31, 2016, the Company marketed 11 medicines through its orphan, rheumatology and primary care business units. The Firm operates in two divisions: domestic resorts and MGM China.

ILLEGAL ACTIVITY NOTICE: "Calamos Advisors LLC Sells 392,297 Shares of MGM Resorts International (NYSE:MGM)" was published by Week Herald and is the sole property of of Week Herald. Therefore 85% are positive. MGM Resorts had 42 analyst reports since August 5, 2015 according to SRatingsIntel. Silver Management Ltd Liability has invested 4.28% in MGM Resorts International (NYSE:MGM). Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, June 9 report. Telsey Advisory Group maintained the stock with "Outperform" rating in Tuesday, January 17 report. Stifel Nicolaus has "Buy" rating and $38.0 target. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company. The institutional investor held 2.50M shares of the hotels and resorts company at the end of 2016Q4, valued at $72.08M, up from 1.80 million at the end of the previous reported quarter. Deutsche Bank maintained the stock with "Buy" rating in Friday, October 30 report. On Friday, May 5 the stock rating was maintained by FBR Capital with "Buy". Private Tru Co Na holds 17,403 shares or 0.2% of its portfolio. 21,441 MGM Resorts International (NYSE:MGM) shares with value of $677,570 were sold by SANDERS COREY IAN. Moreover, Land & Buildings Investment Management Llc has 12.28% invested in the company for 1.73 million shares. NORTON PHILLIP G sold $1.65 million worth of ePlus Inc. The insider GAY MARY CHRISTINE sold 4,000 shares worth $105,568. 11,905 shares were sold by TAYLOR DANIEL J, worth $369,247 on Monday, May 1.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Also, Director Rose Mckinney-James sold 3,097 shares of the stock in a transaction on Wednesday, September 6th.

Investors sentiment decreased to 1.01 in 2016 Q4. Its up 0.43, from 0.98 in 2016Q3.

Shares of MGM Resorts International (NYSE:MGM) traded up 0.11% on Wednesday, reaching $28.59.

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These funds have shifted positions in (MGM). 401.91 million shares or 0.07% more from 401.64 million shares in 2016Q3 were reported. Lazard Asset Management Ltd Company holds 0.11% or 649,636 shares in its portfolio. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.28 by $0.03.

MGM Resorts International (NYSE:MGM) last posted its quarterly earnings data on Monday, November 7th. Ngam Advsrs Limited Partnership stated it has 144,306 shares. (NASDAQ:PLUS). Camarda Fincl Llc accumulated 15,669 shares. M&T Comml Bank Corporation holds 66,573 shares. Legal And General Gp Public owns 5.04M shares for 0.37% of their portfolio. 52,706 were accumulated by Us State Bank De. Following the transaction, the chief executive officer now directly owns 969,111 shares in the company, valued at approximately $30,565,760.94. Raiff reported 25,000 shares.

Since March 14, 2017, it had 0 insider purchases, and 9 selling transactions for $3.33 million activity. About 325,648 shares traded. Alnylam Pharmaceuticals, Inc. (ALNY) has risen 33.54% since September 12, 2016 and is uptrending. It has outperformed by 60.97% the S&P500.

Ratings analysis reveals 100% of Horizon Pharma's analysts are positive. The correct version of this report can be viewed at The lowest target is $32.0 while the high is $33.0. $32.10's average target is -3.46% below currents $33.25 stock price. HZNP was included in 2 notes of analysts from September 13, 2016. The stock of JD.Com Inc (ADR) (NASDAQ:JD) earned "Neutral" rating by M Partners on Tuesday, September 20. (NASDAQ:PLUS) on Thursday, June 1. The rating was upgraded by Argus Research to "Buy" on Thursday, October 6. The firm has "Neutral" rating given on Thursday, October 6 by JP Morgan. Susquehanna maintained it with "Positive" rating and $31 target in Friday, April 21 report. The Beach Point Capital Management Lp holds 1.80 million shares with $51.78 million value, up from 1.50M last quarter. Vanguard Group Inc. now owns 41,200,270 shares of the company's stock worth $1,289,156,000 after acquiring an additional 1,354,902 shares in the last quarter. Clinton invested in 136,673 shares or 0.23% of the stock. Slate Path Capital Lp, a New York-based fund reported 2.00 million shares.

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