Credit Suisse Ag Has Cut By $45.91 Million Its Mgm Resorts International (Put) (MGM) Holding; Shorts at Ultrapar Participacoes S.A. (new) American Deposit (UGP) Lowered By 10.48%

April 19, 2018 - By Michael Collier

Ultrapar Participações S.A. (NYSE:UGP) Logo

Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP) had a decrease of 10.48% in short interest. UGP’s SI was 932,900 shares in April as released by FINRA. Its down 10.48% from 1.04M shares previously. With 455,600 avg volume, 2 days are for Ultrapar Participacoes S.A. (new) American Deposit (NYSE:UGP)’s short sellers to cover UGP’s short positions. The SI to Ultrapar Participacoes S.A. (new) American Deposit’s float is 0.24%. The stock decreased 2.28% or $0.43 during the last trading session, reaching $18.41. About 616,996 shares traded or 12.75% up from the average. Ultrapar Participações S.A. (NYSE:UGP) has declined 8.70% since April 19, 2017 and is downtrending. It has underperformed by 20.25% the S&P500.

Credit Suisse Ag decreased Mgm Resorts International (Put) (MGM) stake by 84.02% reported in 2017Q4 SEC filing. Credit Suisse Ag sold 1.39 million shares as Mgm Resorts International (Put) (MGM)’s stock rose 4.56%. The Credit Suisse Ag holds 264,500 shares with $8.83M value, down from 1.66M last quarter. Mgm Resorts International (Put) now has $20.11 billion valuation. The stock decreased 2.55% or $0.93 during the last trading session, reaching $35.48. About 4.26M shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since April 19, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.

Since February 22, 2018, it had 1 buying transaction, and 6 selling transactions for $5.07 million activity. $215,773 worth of MGM Resorts International (NYSE:MGM) was sold by BIBLE WILLIAM A on Tuesday, March 6. The insider HORNBUCKLE WILLIAM sold 60,000 shares worth $2.18M. 12,536 shares were sold by TAYLOR DANIEL J, worth $434,632. 1,000 MGM Resorts International (NYSE:MGM) shares with value of $35,500 were bought by GROUNDS WILLIAM WARWICK. $159,351 worth of MGM Resorts International (NYSE:MGM) shares were sold by HERMAN ALEXIS. Shares for $848,588 were sold by SANDERS COREY IAN. Shares for $1.26 million were sold by D’ARRIGO DANIEL.

Analysts await MGM Resorts International (NYSE:MGM) to report earnings on April, 26 before the open. They expect $0.30 earnings per share, down 21.05% or $0.08 from last year’s $0.38 per share. MGM’s profit will be $170.00 million for 29.57 P/E if the $0.30 EPS becomes a reality.

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.58, from 1.53 in 2017Q3. It fall, 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. Nuwave Investment Management Ltd Liability holds 0.23% of its portfolio in MGM Resorts International (NYSE:MGM) for 5,920 shares. Lord Abbett & Com Limited Liability Corporation holds 1.04M shares. 711,531 were accumulated by Asset Mngmt One Limited. Point72 Asset Management Limited Partnership reported 129,800 shares. Moreover, Honeywell Interest has 0.82% invested in MGM Resorts International (NYSE:MGM) for 746,000 shares. Georgia-based Invesco has invested 0.01% in MGM Resorts International (NYSE:MGM). Dekabank Deutsche Girozentrale reported 25,966 shares or 0.01% of all its holdings. Liberty Mutual Grp Asset holds 0.02% or 20,632 shares. Bluemountain Capital Mgmt Ltd Liability Company has 37,583 shares. 180,000 are held by Franklin Resource. Magnetar Ltd Liability Com accumulated 16,954 shares. Price T Rowe Assocs Md accumulated 23.33 million shares. Fmr Ltd Liability Com has invested 0.03% of its portfolio in MGM Resorts International (NYSE:MGM). Hsbc Holding Public Ltd Llc reported 670,595 shares. Cibc Asset Management Inc, a Ontario – Canada-based fund reported 50,210 shares.

Credit Suisse Ag increased Gaming & Leisure Pptys Inc (NASDAQ:GLPI) stake by 103,337 shares to 529,971 valued at $19.61 million in 2017Q4. It also upped Powershares Qqq Trust (QQQ) stake by 1.96M shares and now owns 2.37M shares. Alphabet Inc was raised too.

Among 18 analysts covering MGM Resorts (NYSE:MGM), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. MGM Resorts had 63 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Nomura given on Thursday, January 25. Buckingham Research initiated MGM Resorts International (NYSE:MGM) on Thursday, August 11 with “Buy” rating. As per Friday, February 17, the company rating was maintained by Stifel Nicolaus. The stock of MGM Resorts International (NYSE:MGM) has “Buy” rating given on Friday, October 30 by Deutsche Bank. The firm has “Buy” rating by Citigroup given on Wednesday, April 13. The company was maintained on Friday, April 21 by Susquehanna. The company was maintained on Friday, October 13 by Morgan Stanley. The firm earned “Hold” rating on Wednesday, February 21 by Stifel Nicolaus. Morgan Stanley maintained MGM Resorts International (NYSE:MGM) on Tuesday, March 27 with “Overweight” rating. Deutsche Bank maintained MGM Resorts International (NYSE:MGM) rating on Friday, June 17. Deutsche Bank has “Buy” rating and $29 target.

MGM Resorts International (NYSE:MGM) Institutional Positions Chart

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