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Marathon Trading Investment Management Lifted By $357,000 Its Macys (M) Stake; Boyd Gaming (BYD) Sentiment Is 1.11

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. The company has market cap of $4.20 billion. It operates through three divisions: Las Vegas Locals, Downtown Las Vegas, and Midwest and South. It has a 36.29 P/E ratio. The firm owns and operates 24 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, and Mississippi.

Marathon Trading Investment Management Llc increased Macys Inc (M) stake by 130.77% reported in 2017Q3 SEC filing. Marathon Trading Investment Management Llc acquired 17,000 shares as Macys Inc (M)’s stock declined 28.76%. The Marathon Trading Investment Management Llc holds 30,000 shares with $655,000 value, up from 13,000 last quarter. Macys Inc now has $8.00B valuation. The stock decreased 0.76% or $0.2 during the last trading session, reaching $26.26. About 7.08 million shares traded. Macy's, Inc. (NYSE:M) has declined 25.46% since February 19, 2017 and is downtrending. It has underperformed by 42.16% the S&P500.

Hoplite Capital Management L.P. holds 3.21% of its portfolio in Boyd Gaming Corporation for 1.94 million shares. Highline Capital Management L.P. owns 4.26 million shares or 3.15% of their US portfolio. Moreover, Par Capital Management Inc has 2.74% invested in the company for 9.26 million shares. The New York-based Lomas Capital Management Llc has invested 2.29% in the stock. Cookson Peirce & Co Inc, a Pennsylvania-based fund reported 476,740 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $1.25 million activity.

Ratings analysis reveals 100% of Boyd Gaming’s analysts are positive. Out of 6 Wall Street analysts rating Boyd Gaming, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $23.0 while the high is $24.0. The stock’s average target of $23.25 is -37.73% below today’s ($37.34) share price. BYD was included in 6 notes of analysts from November 2, 2016. As per Friday, January 27, the company rating was initiated by Buckingham Research. The rating was initiated by Telsey Advisory on Wednesday, February 15 with “Outperform”. As per Wednesday, February 1, the company rating was upgraded by Instinet. The rating was upgraded by Morgan Stanley on Tuesday, January 17 to “Overweight”. The company was initiated on Friday, February 10 by SunTrust. The stock has “Buy” rating by Deutsche Bank on Wednesday, November 2.

The stock increased 0.05% or $0.02 during the last trading session, reaching $37.34. About 1.92M shares traded or 30.48% up from the average. Boyd Gaming Corporation (BYD) has risen 35.92% since February 19, 2017 and is uptrending. It has outperformed by 19.22% the S&P500.

Among 31 analysts covering Macy’s Inc. (NYSE:M), 7 have Buy rating, 2 Sell and 22 Hold. Therefore 23% are positive. Macy’s Inc. had 101 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Mixed” rating given on Wednesday, November 2 by OTR Global. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, May 12. S&P Research maintained it with “Hold” rating and $60 target in Friday, September 11 report. Telsey Advisory Group maintained the shares of M in report on Wednesday, February 24 with “Market Perform” rating. The firm has “Hold” rating by Cowen & Co given on Thursday, August 10. The firm has “Hold” rating by Deutsche Bank given on Thursday, January 5. The company was downgraded on Monday, October 26 by Cowen & Co. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, November 13. Stifel Nicolaus downgraded Macy's, Inc. (NYSE:M) on Wednesday, February 24 to “Hold” rating. The stock has “Buy” rating by BMO Capital Markets on Thursday, August 10.

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