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Citadel Advisors Holding in Mgm Resorts International (MGM) Has Trimmed by $13.52 Million; As Brightcove (BCOV) Valuation Rose, Bridgeway Capital Management Lowered Its Stake

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Bridgeway Capital Management Inc decreased its stake in Brightcove Inc (BCOV) by 22.06% based on its latest 2017Q4 regulatory filing with the SEC. Bridgeway Capital Management Inc sold 43,100 shares as the company’s stock rose 2.96% while stock markets declined. The institutional investor held 152,300 shares of the edp services company at the end of 2017Q4, valued at $1.08M, down from 195,400 at the end of the previous reported quarter. Bridgeway Capital Management Inc who had been investing in Brightcove Inc for a number of months, seems to be less bullish one the $358.85M market cap company. The stock decreased 2.87% or $0.3 during the last trading session, reaching $10.15. About 258,825 shares traded. Brightcove Inc. (NASDAQ:BCOV) has declined 21.47% since May 19, 2017 and is downtrending. It has underperformed by 33.02% the S&P500.

Ken Griffin decreased its stake in Mgm Resorts International (MGM) by 42.39% based on its latest 2017Q4 regulatory filing with the SEC. Citadel Advisors Llc sold 409,571 shares as the company’s stock rose 4.56% while stock markets declined. The hedge fund run by Ken Griffin held 556,529 shares of the hotels and resorts company at the end of 2017Q4, valued at $18.58 million, down from 966,100 at the end of the previous reported quarter. Citadel Advisors Llc who had been investing in Mgm Resorts International for a number of months, seems to be less bullish one the $18.01 billion market cap company. The stock increased 0.50% or $0.16 during the last trading session, reaching $32.34. About 7.20 million shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since May 19, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.

Analysts await MGM Resorts International (NYSE:MGM) to report earnings on July, 26. They expect $0.27 earnings per share, down 12.90% or $0.04 from last year’s $0.31 per share. MGM’s profit will be $150.33 million for 29.94 P/E if the $0.27 EPS becomes a reality. After $0.34 actual earnings per share reported by MGM Resorts International for the previous quarter, Wall Street now forecasts -20.59% negative EPS growth.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.58, from 1.53 in 2017Q3. It dropped, as 60 investors sold MGM shares while 150 reduced holdings. 71 funds opened positions while 128 raised stakes. 450.52 million shares or 1.77% less from 458.66 million shares in 2017Q3 were reported. Rampart Investment Mngmt Commerce holds 7,030 shares or 0.09% of its portfolio. Cbre Clarion Ltd Liability, a Pennsylvania-based fund reported 102,600 shares. Blackrock reported 0.06% in MGM Resorts International (NYSE:MGM). Liberty Mutual Grp Incorporated Asset Mngmt accumulated 20,632 shares. Frontfour Cap Grp Incorporated Limited Liability Co, a Connecticut-based fund reported 263,830 shares. Rothschild Invest Corp Il reported 20,000 shares. Ironsides Asset Advsr Ltd Liability Corp invested in 14,320 shares or 0.19% of the stock. California Public Employees Retirement System holds 1.04M shares or 0.05% of its portfolio. Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.06% in MGM Resorts International (NYSE:MGM). 80,361 were reported by Commercial Bank Of Nova Scotia. America First Inv Limited Liability Com owns 144 shares or 0% of their US portfolio. Cibc Ww Corp has 0.03% invested in MGM Resorts International (NYSE:MGM). Prudential Public Limited Company has invested 0.07% in MGM Resorts International (NYSE:MGM). Land And Buildings Mngmt Ltd owns 1.12 million shares or 7.71% of their US portfolio. Nomura Asset holds 0.03% or 65,145 shares in its portfolio.

Since February 22, 2018, it had 1 buying transaction, and 7 sales for $5.19 million activity. D’ARRIGO DANIEL sold $1.26M worth of stock or 36,366 shares. HERMAN ALEXIS had sold 4,350 shares worth $159,351 on Monday, March 12. On Monday, March 12 SANDERS COREY IAN sold $848,588 worth of MGM Resorts International (NYSE:MGM) or 23,134 shares. TAYLOR DANIEL J also sold $434,632 worth of MGM Resorts International (NYSE:MGM) on Thursday, February 22. Shares for $215,773 were sold by BIBLE WILLIAM A. Another trade for 60,000 shares valued at $2.18 million was sold by HORNBUCKLE WILLIAM.

Among 18 analysts covering MGM Resorts (NYSE:MGM), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. MGM Resorts had 67 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of MGM Resorts International (NYSE:MGM) earned “Buy” rating by Nomura on Wednesday, October 5. The stock of MGM Resorts International (NYSE:MGM) earned “Overweight” rating by Barclays Capital on Friday, February 23. Susquehanna upgraded the shares of MGM in report on Monday, April 23 to “Positive” rating. The stock of MGM Resorts International (NYSE:MGM) earned “Hold” rating by Deutsche Bank on Friday, April 27. The rating was maintained by JP Morgan on Tuesday, October 13 with “Overweight”. Vetr downgraded it to “Strong-Buy” rating and $23.25 target in Monday, August 31 report. Bank of America maintained the shares of MGM in report on Wednesday, February 21 with “Buy” rating. Stifel Nicolaus maintained MGM Resorts International (NYSE:MGM) rating on Wednesday, August 30. Stifel Nicolaus has “Buy” rating and $38.0 target. The stock has “Buy” rating by Stifel Nicolaus on Friday, February 17. Goldman Sachs maintained it with “Buy” rating and $36 target in Wednesday, April 5 report.

More notable recent MGM Resorts International (NYSE:MGM) news were published by: Prnewswire.com which released: “Statement of MGM Resorts International on the US Supreme Court decision to overturn PASPA in Murphy v NCAA” on May 14, 2018, also Seekingalpha.com with their article: “MGM Resorts falls after US business disappoints” published on April 26, 2018, Seekingalpha.com published: “4 Gaming Stocks For Second Half Of 2018” on May 17, 2018. More interesting news about MGM Resorts International (NYSE:MGM) were released by: Fool.com and their article: “Where MGM Resorts Went Wrong (And Why You Shouldn’t Worry)” published on May 02, 2018 as well as Finance.Yahoo.com‘s news article titled: “Why MGM Resorts International, Arch Coal, and LendingTree Slumped Today” with publication date: April 27, 2018.

Citadel Advisors Llc, which manages about $164.31 billion US Long portfolio, upped its stake in Nokia Corp (NYSE:NOK) by 626,446 shares to 996,046 shares, valued at $4.64 million in 2017Q4, according to the filing. It also increased its holding in Currencyshares Euro Tr (Put) (FXE) by 63,900 shares in the quarter, for a total of 389,200 shares, and has risen its stake in Mattel Inc (Call) (NASDAQ:MAT).

Analysts await Brightcove Inc. (NASDAQ:BCOV) to report earnings on July, 25. They expect $-0.12 EPS, up 40.00% or $0.08 from last year’s $-0.2 per share. After $-0.04 actual EPS reported by Brightcove Inc. for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth.

More news for Brightcove Inc. (NASDAQ:BCOV) were recently published by: Nasdaq.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Compass Minerals International, Consolidated …” on April 26, 2018. Streetinsider.com‘s article titled: “Brightcove (BCOV) Appoints Robert Noreck CFO” and published on May 03, 2018 is yet another important article.

Among 6 analysts covering Brightcove (NASDAQ:BCOV), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Brightcove had 12 analyst reports since July 31, 2015 according to SRatingsIntel. B. Riley & Co downgraded the stock to “Neutral” rating in Friday, May 5 report. Ladenburg Thalmann initiated the shares of BCOV in report on Tuesday, March 22 with “Buy” rating. The company was maintained on Tuesday, July 18 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Friday, October 27. Dougherty & Company maintained the shares of BCOV in report on Tuesday, September 6 with “Buy” rating. The firm earned “Buy” rating on Friday, February 23 by Northland Capital. Northland Capital maintained Brightcove Inc. (NASDAQ:BCOV) rating on Friday, September 1. Northland Capital has “Hold” rating and $7.0 target. The stock of Brightcove Inc. (NASDAQ:BCOV) has “Hold” rating given on Friday, July 21 by Northland Capital. The firm has “Buy” rating given on Friday, July 31 by Stifel Nicolaus. Northland Capital maintained Brightcove Inc. (NASDAQ:BCOV) on Monday, October 23 with “Hold” rating.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.02, from 0.92 in 2017Q3. It improved, as 7 investors sold BCOV shares while 27 reduced holdings. 10 funds opened positions while 22 raised stakes. 19.84 million shares or 1.21% more from 19.60 million shares in 2017Q3 were reported. Stone Ridge Asset Lc stated it has 0.03% in Brightcove Inc. (NASDAQ:BCOV). Millennium Mngmt Limited Liability Company has invested 0.01% in Brightcove Inc. (NASDAQ:BCOV). Horrell Cap Mngmt Inc owns 385,000 shares. Group Incorporated One Trading Lp owns 30,425 shares or 0% of their US portfolio. Frontier Management Limited Liability Corporation reported 2.59 million shares. Brandywine Tru holds 0.42% or 69,756 shares in its portfolio. State Street Corporation reported 0% in Brightcove Inc. (NASDAQ:BCOV). First Mercantile Tru owns 21,567 shares. Moreover, Panagora Asset Mgmt has 0.01% invested in Brightcove Inc. (NASDAQ:BCOV). Wells Fargo And Mn accumulated 53,020 shares or 0% of the stock. Federated Invsts Pa holds 1,066 shares. Raymond James & Assoc holds 0% in Brightcove Inc. (NASDAQ:BCOV) or 43,300 shares. Ameritas Inv holds 0% or 2,425 shares in its portfolio. Schwab Charles Inv Mngmt Inc reported 0% of its portfolio in Brightcove Inc. (NASDAQ:BCOV). California State Teachers Retirement System, California-based fund reported 53,582 shares.

Bridgeway Capital Management Inc, which manages about $3.34B and $9.29 billion US Long portfolio, upped its stake in Coca Cola Co (NYSE:KO) by 80,405 shares to 1.73M shares, valued at $79.35 million in 2017Q4, according to the filing. It also increased its holding in Scripps E W Co Ohio (NYSE:SSP) by 248,500 shares in the quarter, for a total of 393,500 shares, and has risen its stake in Nvr Inc (NYSE:NVR).

Brightcove Inc. (NASDAQ:BCOV) Institutional Positions Chart

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