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As Mgm Resorts International (MGM) Market Valuation Rose, Holder Gmt Capital Has Cut Holding; Disney Walt Co (DIS) Shares Declined While Bedell Frazier Investment Counseling Trimmed by $4.52 Million Its Position

Thomas E. Claugus decreased its stake in Mgm Resorts International (MGM) by 11.4% based on its latest 2017Q3 regulatory filing with the SEC. Gmt Capital Corp sold 420,200 shares as the company’s stock rose 17.48% with the market. The hedge fund run by Thomas E. Claugus held 3.27M shares of the hotels and resorts company at the end of 2017Q3, valued at $106.45M, down from 3.69 million at the end of the previous reported quarter. Gmt Capital Corp who had been investing in Mgm Resorts International for a number of months, seems to be less bullish one the $20.04B market cap company. The stock increased 2.52% or $0.87 during the last trading session, reaching $35.38. About 4.48M shares traded. MGM Resorts International (NYSE:MGM) has risen 45.28% since February 24, 2017 and is uptrending. It has outperformed by 28.58% the S&P500.

Bedell Frazier Investment Counseling Llc decreased its stake in Disney Walt Co (DIS) by 35.58% based on its latest 2017Q3 regulatory filing with the SEC. Bedell Frazier Investment Counseling Llc sold 46,145 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 83,562 shares of the television services company at the end of 2017Q3, valued at $8.24 million, down from 129,707 at the end of the previous reported quarter. Bedell Frazier Investment Counseling Llc who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $161.27 billion market cap company. The stock increased 1.91% or $2.01 during the last trading session, reaching $107.25. About 6.10M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 24, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Since September 6, 2017, it had 0 insider purchases, and 7 insider sales for $14.89 million activity. D’ARRIGO DANIEL had sold 30,318 shares worth $1.03M on Thursday, September 7. Mckinney-James Rose had sold 3,097 shares worth $104,779 on Wednesday, September 6. $1.63M worth of MGM Resorts International (NYSE:MGM) was sold by BALDWIN ROBERT. $553,133 worth of MGM Resorts International (NYSE:MGM) was sold by SANDERS COREY IAN. SELWOOD ROBERT sold $1.37M worth of MGM Resorts International (NYSE:MGM) on Wednesday, September 6. $10.02 million worth of MGM Resorts International (NYSE:MGM) shares were sold by MURREN JAMES.

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.52, from 1.01 in 2017Q2. It improved, 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. Northern Trust Corp owns 0.05% invested in MGM Resorts International (NYSE:MGM) for 5.49M shares. State Of Tennessee Treasury Department holds 0.02% or 140,851 shares. Calamos Wealth Mngmt Limited Company reported 160,643 shares. Lpl Fin Ltd has invested 0% in MGM Resorts International (NYSE:MGM). First Western Management holds 0.12% in MGM Resorts International (NYSE:MGM) or 6,564 shares. Oregon Employees Retirement Fund holds 51,277 shares or 0.03% of its portfolio. Sun Life Fincl Inc invested 0.01% of its portfolio in MGM Resorts International (NYSE:MGM). Private Commerce Na has 0.04% invested in MGM Resorts International (NYSE:MGM) for 6,169 shares. Ironsides Asset Advisors has 7,350 shares. Proshare Ltd Com, Maryland-based fund reported 96,821 shares. 927,892 were accumulated by Mitsubishi Ufj Tru & Banking. Aviva Public Limited owns 0.05% invested in MGM Resorts International (NYSE:MGM) for 308,103 shares. Shellback Capital LP owns 898,989 shares. Neuberger Berman Group Ltd has 1.20 million shares for 0.05% of their portfolio. Strs Ohio invested 0% in MGM Resorts International (NYSE:MGM).

Among 18 analysts covering MGM Resorts (NYSE:MGM), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. MGM Resorts had 60 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by Nomura. As per Thursday, July 27, the company rating was maintained by Deutsche Bank. As per Monday, September 11, the company rating was downgraded by Deutsche Bank. The company was initiated on Friday, December 16 by Goldman Sachs. Susquehanna maintained MGM Resorts International (NYSE:MGM) rating on Thursday, February 15. Susquehanna has “Hold” rating and $35.0 target. The rating was upgraded by Argus Research to “Buy” on Thursday, October 6. Citigroup maintained the stock with “Buy” rating in Wednesday, April 13 report. Stifel Nicolaus maintained it with “Buy” rating and $28 target in Wednesday, August 5 report. The stock of MGM Resorts International (NYSE:MGM) has “Strong-Buy” rating given on Monday, August 31 by Vetr. The firm has “Overweight” rating by Morgan Stanley given on Friday, May 6.

Gmt Capital Corp, which manages about $9.19B and $4.69B US Long portfolio, upped its stake in Covanta Hldg Corp (NYSE:CVA) by 166,900 shares to 1.83 million shares, valued at $27.15 million in 2017Q3, according to the filing. It also increased its holding in Teck Resources Ltd (NYSE:TCK) by 882,100 shares in the quarter, for a total of 6.40 million shares, and has risen its stake in Biogen Inc (NASDAQ:BIIB).

Bedell Frazier Investment Counseling Llc, which manages about $216.92M US Long portfolio, upped its stake in Whirlpool Corp (NYSE:WHR) by 17,015 shares to 65,198 shares, valued at $12.03M in 2017Q3, according to the filing.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by UBS on Thursday, September 29. The stock of The Walt Disney Company (NYSE:DIS) earned “Hold” rating by Drexel Hamilton on Monday, September 26. The firm has “Buy” rating given on Wednesday, February 7 by GBH Insights. Topeka Capital Markets maintained the shares of DIS in report on Thursday, November 19 with “Buy” rating. Cowen & Co maintained it with “Hold” rating and $9500 target in Friday, July 7 report. The stock has “Market Perform” rating by FBR Capital on Tuesday, July 26. CLSA initiated it with “Outperform” rating and $114 target in Wednesday, September 2 report. The firm has “Buy” rating by Topeka Capital Markets given on Friday, July 24. The rating was downgraded by Atlantic Securities to “Neutral” on Tuesday, January 26. The company was maintained on Friday, November 10 by RBC Capital Markets.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on May, 8. They expect $1.68 earnings per share, up 12.00% or $0.18 from last year’s $1.5 per share. DIS’s profit will be $2.53B for 15.96 P/E if the $1.68 EPS becomes a reality. After $1.89 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

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