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Townsquare Media Cl A (TSQ) Position Maintained by Beck Mack & Oliver Llc; As Mgm Resorts International (MGM) Stock Value Declined, Gamco Investors Et Al Has Increased by $9.53 Million Its Holding

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Beck Mack & Oliver Llc increased its stake in Townsquare Media Inc Cl A (TSQ) by 20.91% based on its latest 2018Q1 regulatory filing with the SEC. Beck Mack & Oliver Llc bought 44,960 shares as the company’s stock declined 15.43% with the market. The institutional investor held 259,950 shares of the consumer services company at the end of 2018Q1, valued at $2.06M, up from 214,990 at the end of the previous reported quarter. Beck Mack & Oliver Llc who had been investing in Townsquare Media Inc Cl A for a number of months, seems to be bullish on the $122.23M market cap company. The stock increased 0.13% or $0.01 during the last trading session, reaching $6.61. About 9,611 shares traded. Townsquare Media, Inc. (NYSE:TSQ) has declined 36.40% since June 13, 2017 and is downtrending. It has underperformed by 48.97% the S&P500. Some Historical TSQ News: 25/05/2018 – S&PGRBulletin: Townsquare Media Rtgs Unffctd By NAME Dvstture; 13/03/2018 – Townsquare Media 4Q Loss $27.1M; 22/03/2018 – TOWNSQUARE BUYS STATIONS FOR ABOUT $17M; 03/05/2018 – Brave and Townsquare Partner to Monetize Ad-blocking Traffic and Test Blockchain-based Digital Advertising; 24/05/2018 – Townsquare Completes Sale Of North American Midway Entertainment; 09/05/2018 – Townsquare Short-Interest Ratio Rises 18% to 8 Days; 24/04/2018 – Townsquare Short-Interest Ratio Rises 184% to 7 Days; 22/03/2018 – TOWNSQUARE MEDIA INC – DEAL FOR APPROXIMATELY $17 MLN (; 19/04/2018 – DJ Townsquare Media Inc Class A, Inst Holders, 1Q 2018 (TSQ); 13/03/2018 – TOWNSQUARE MEDIA INC – QUARTERLY CASH DIVIDEND OF $0.075 PER SHARE, OR $0.30 PER SHARE ON AN ANNUAL BASIS, COMMENCES IN MAY 2018

Mario Gabelli increased its stake in Mgm Resorts International (MGM) by 20.93% based on its latest 2018Q1 regulatory filing with the SEC. Gamco Investors Inc Et Al bought 272,410 shares as the company’s stock declined 10.98% with the market. The hedge fund run by Mario Gabelli held 1.57M shares of the hotels and resorts company at the end of 2018Q1, valued at $55.13M, up from 1.30M at the end of the previous reported quarter. Gamco Investors Inc Et Al who had been investing in Mgm Resorts International for a number of months, seems to be bullish on the $17.27 billion market cap company. The stock decreased 1.95% or $0.6166 during the last trading session, reaching $31.0234. About 2.74M shares traded. MGM Resorts International (NYSE:MGM) has declined 0.47% since June 13, 2017 and is downtrending. It has underperformed by 13.04% the S&P500. Some Historical MGM News: 14/05/2018 – MGM RESORTS APPLAUDS DECISION TO ALLOW STATES SPORTS BETTING; 29/05/2018 – MGM Resorts to Buy New York Casino for About $605 Million; 17/04/2018 – Hartford Courant: Possible MGM Bid For Wynn Boston Casino Raises Questions About Springfield; 26/04/2018 – MGM Resorts 1Q REVPAR Fell 4.3% at Las Vegas Strip Resorts; 26/04/2018 – MGM RESORTS INTERNATIONAL – QTRLY DOMESTIC RESORTS ROOMS REVENUE DECREASED 5% COMPARED TO PRIOR YEAR QUARTER; 12/05/2018 – Skift: MGM CEO Criticizes `Hypocritical’ Investors on Diversity; 08/05/2018 – MGM Chief Executive Rips `Hypocritical’ Investors on Diversity; 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN CEMEX SAB DE CV- SEC FILING; 09/04/2018 – Travel Agent Mag: MGM Resorts May Be Looking to Buy Wynn Resorts; 14/03/2018 – MGM Resorts International Expands Board Of Directors

Among 9 analysts covering Townsquare Media (NYSE:TSQ), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Townsquare Media had 19 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Noble Financial on Thursday, November 9 with “Buy”. The firm earned “Buy” rating on Thursday, July 27 by Jefferies. Guggenheim maintained it with “Buy” rating and $10.0 target in Tuesday, March 13 report. The rating was maintained by Noble Financial with “Buy” on Wednesday, July 12. Jefferies maintained the stock with “Buy” rating in Tuesday, March 13 report. The rating was maintained by RBC Capital Markets with “Buy” on Monday, November 13. The firm has “Buy” rating given on Monday, June 26 by Jefferies. The firm has “Neutral” rating given on Monday, May 23 by Macquarie Research. The firm has “Buy” rating by Jefferies given on Monday, October 16. The stock has “Mkt Perform” rating by Barrington Research on Tuesday, January 3.

Beck Mack & Oliver Llc, which manages about $5.32B and $2.97 billion US Long portfolio, decreased its stake in Union Pac Corp (NYSE:UNP) by 3,254 shares to 280,388 shares, valued at $37.69 million in 2018Q1, according to the filing. It also reduced its holding in Baxter Intl Inc (NYSE:BAX) by 35,241 shares in the quarter, leaving it with 781,500 shares, and cut its stake in Merck & Co Inc (NYSE:MRK).

Since February 22, 2018, it had 1 insider purchase, and 9 insider sales for $5.42 million activity. Mckinney-James Rose sold $179,330 worth of stock or 5,624 shares. $215,773 worth of MGM Resorts International (NYSE:MGM) was sold by BIBLE WILLIAM A. HERMAN ALEXIS also sold $159,351 worth of MGM Resorts International (NYSE:MGM) on Monday, March 12. Shares for $2.18 million were sold by HORNBUCKLE WILLIAM. 36,366 MGM Resorts International (NYSE:MGM) shares with value of $1.26 million were sold by D’ARRIGO DANIEL. Another trade for 23,134 shares valued at $848,588 was made by SANDERS COREY IAN on Monday, March 12.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.06, from 0.95 in 2017Q4. It worsened, as 54 investors sold MGM shares while 147 reduced holdings. 57 funds opened positions while 121 raised stakes. 443.98 million shares or 1.45% less from 450.52 million shares in 2017Q4 were reported. Legal General Grp Inc Public Limited Com holds 0.05% of its portfolio in MGM Resorts International (NYSE:MGM) for 2.04 million shares. Century Companies owns 1.15M shares for 0.04% of their portfolio. Gmt Cap holds 2.47M shares. Koch Indus invested 0.03% in MGM Resorts International (NYSE:MGM). M&T Financial Bank Corp holds 0.01% of its portfolio in MGM Resorts International (NYSE:MGM) for 29,121 shares. Cwm Limited Liability stated it has 284 shares or 0% of all its holdings. Moreover, Public Employees Retirement Sys Of Ohio has 0.07% invested in MGM Resorts International (NYSE:MGM) for 360,077 shares. 1.22M were reported by Tiaa Cref Inv Management Ltd Liability. Highstreet Asset Mngmt invested in 30,821 shares. Nuveen Asset Management Lc reported 583,779 shares. Moreover, Jefferies Grp Inc Limited Liability Corporation has 0.02% invested in MGM Resorts International (NYSE:MGM) for 87,523 shares. State Of New Jersey Common Pension Fund D accumulated 500,000 shares or 0.07% of the stock. 33,653 were accumulated by Sumitomo Mitsui Asset Ltd. Tower Research Capital (Trc) stated it has 0% in MGM Resorts International (NYSE:MGM). Moreover, Polar Asset Mgmt Ptnrs has 0.13% invested in MGM Resorts International (NYSE:MGM).

More notable recent MGM Resorts International (NYSE:MGM) news were published by: Seekingalpha.com which released: “MGM Resorts plants a flag near NYC” on May 30, 2018, also Fool.com with their article: “Is This Proof an MGM-Wynn Resorts Merger Is Off the Table?” published on May 22, 2018, Globenewswire.com published: “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” on June 12, 2018. More interesting news about MGM Resorts International (NYSE:MGM) were released by: Bizjournals.com and their article: “MGM National Harbor names the permanent replacement for Marcus” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Has MGM Lost Its Way… Again?” with publication date: May 31, 2018.

Gamco Investors Inc Et Al, which manages about $14.83 billion US Long portfolio, decreased its stake in Live Nation Inc (NYSE:LYV) by 32,073 shares to 938,827 shares, valued at $39.56M in 2018Q1, according to the filing. It also reduced its holding in Icu Medical Inc (NASDAQ:ICUI) by 1,400 shares in the quarter, leaving it with 63,900 shares, and cut its stake in Fomento Economico Mexicano Sad (NYSE:FMX).

MGM Resorts International (NYSE:MGM) Institutional Positions Chart

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