Two Sigma Advisers LP boosted its position in MGM Resorts International (NYSE:MGM) by 1,311.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The stock has Return on Assets (ROA) of 1.1 percent.
MGM Resorts International closed its last trading session at $29.03 with the loss of -1.38%.
A number of other hedge funds have also recently bought and sold shares of the company. Susquehanna reiterated a "positive" rating and issued a $30.00 price objective on shares of MGM Resorts International in a research note on Thursday, September 8th. IBM Retirement Fund now owns 56,195 shares of the company's stock worth $1,328,000 after buying an additional 3,776 shares during the period. The prevailing figure will allow the investment community to determine the size of MGM Resorts International in contrast to the sales or total assets figures. After this transaction, the insider's stake stands at 15,461 shares, with a market value of $442648. Bridger Management LLC bought a new position in shares of MGM Resorts International during the first quarter worth about $84,880,000. Vanguard Group Inc. now owns 34,658,063 shares of the company's stock worth $784,311,000 after buying an additional 2,386,562 shares during the last quarter. For the next 5 years, MGM Resorts International is expecting Growth of 33.7% per annum, whereas in the past 5 years the growth was 81.8% per annum.
MGM Resorts International (NYSE:MGM) opened at 28.63 on Friday. The firm's 50-day moving average is $26.36 and its 200 day moving average is $24.28. The stock has a market cap of $16.42 billion, a PE ratio of 54.85 and a beta of 1.77. MGM Resorts International has a 1-year low of $16.18 and a 1-year high of $28.80.
MGM Resorts International (NYSE:MGM) has the market capitalization of 16.42 Billion. This year company's Earnings per Share (EPS) growth is -62.30% and next year's estimated EPS growth is 66.03%. The Return on Equity (ROE) value stands at 5.4%.
The weekly performance of MGM Resorts International is -2.52%, presenting a monthly performance value of -1.92% with the quarterly performance value of 8.74%. While in the same Quarter Previous year, the Actual EPS was $-0.06.
The shares outstanding for MGM Resorts International is levered at 570.45 *. MGM Resorts International grasps an EPS value of 0.5 * displaying an EPS growth of -170.10% * for this year. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States & worldwide copyright law.
A number of equities analysts have recently commented on the stock.
18 analysts projected Price Targets for MGM Resorts International. Company stock is -6.50% away from its one year high and is moving 76.95% ahead of its one year low. 13 said it's a Buy, 0 assigned Hold rating where 0 stated the stock as Underperform and 0 marked the stock as Sell. Finally, Barclays PLC set a $32.00 target price on shares of MGM Resorts International and gave the stock a "buy" rating in a research report on Wednesday, November 9th. The consensus recommendation by Thomson Reuters Analysts is Buy for SCI and their mean rating for the stock is 1.50 on scale of 1-5.