Mgm Resorts International (MGM) Shareholder Yost Capital Management Has Upped Position; Ezcorp (EZPW) Shareholder Pinnacle Holdings Cut Its Holding

May 27, 2018 - By Vivian Park

MGM Resorts International (NYSE:MGM) Logo

Yost Capital Management Llc increased its stake in Mgm Resorts International (MGM) by 27.28% based on its latest 2017Q4 regulatory filing with the SEC. Yost Capital Management Llc bought 243,100 shares as the company’s stock rose 4.56% while stock markets declined. The institutional investor held 1.13M shares of the hotels and resorts company at the end of 2017Q4, valued at $37.87M, up from 891,154 at the end of the previous reported quarter. Yost Capital Management Llc who had been investing in Mgm Resorts International for a number of months, seems to be bullish on the $17.51B market cap company. The stock increased 0.42% or $0.13 during the last trading session, reaching $31.45. About 3.90M shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since May 27, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.

Pinnacle Holdings Llc decreased its stake in Ezcorp (EZPW) by 10.07% based on its latest 2017Q4 regulatory filing with the SEC. Pinnacle Holdings Llc sold 500 shares as the company’s stock rose 5.71% while stock markets declined. The hedge fund held 4,465 shares of the consumer services company at the end of 2017Q4, valued at $54.47 million, down from 4,965 at the end of the previous reported quarter. Pinnacle Holdings Llc who had been investing in Ezcorp for a number of months, seems to be less bullish one the $688.98M market cap company. The stock increased 2.02% or $0.25 during the last trading session, reaching $12.65. About 869,118 shares traded or 40.04% up from the average. EZCORP, Inc. (NASDAQ:EZPW) has risen 61.87% since May 27, 2017 and is uptrending. It has outperformed by 50.32% the S&P500.

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 rating was maintained by Deutsche Bank on Friday, October 30 with “Buy”. The stock has “Buy” rating by Buckingham Research on Thursday, August 11. The stock has “Overweight” rating by Barclays Capital on Friday, February 23. The stock of MGM Resorts International (NYSE:MGM) earned “Outperform” rating by Telsey Advisory Group on Tuesday, January 17. Nomura maintained MGM Resorts International (NYSE:MGM) rating on Wednesday, November 1. Nomura has “Buy” rating and $37.0 target. The firm earned “Hold” rating on Thursday, February 15 by Susquehanna. The firm earned “Outperform” rating on Friday, May 6 by Telsey Advisory Group. The stock of MGM Resorts International (NYSE:MGM) has “Positive” rating given on Friday, April 21 by Susquehanna. Nomura maintained MGM Resorts International (NYSE:MGM) on Wednesday, October 5 with “Buy” rating. On Friday, April 27 the stock rating was maintained by Deutsche Bank with “Hold”.

Yost Capital Management Llc, which manages about $239.39M and $140.25M US Long portfolio, decreased its stake in Macquarie Infrastructure Cor (NYSE:MIC) by 75,600 shares to 77,343 shares, valued at $4.97 million in 2017Q4, according to the filing.

Since February 22, 2018, it had 1 insider purchase, and 7 selling transactions for $5.19 million activity. 60,000 shares valued at $2.18 million were sold by HORNBUCKLE WILLIAM on Friday, March 9. 3,840 MGM Resorts International (NYSE:MGM) shares with value of $121,551 were sold by HERMAN ALEXIS. 12,536 shares were sold by TAYLOR DANIEL J, worth $434,632 on Thursday, February 22. BIBLE WILLIAM A sold $215,773 worth of stock. 1,000 shares were bought by GROUNDS WILLIAM WARWICK, worth $35,500. 36,366 shares were sold by D’ARRIGO DANIEL, worth $1.26 million on Friday, February 23.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.58, from 1.53 in 2017Q3. It is negative, 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. Moreover, Ngam LP has 0.04% invested in MGM Resorts International (NYSE:MGM). 3.75M were accumulated by Barclays Public Limited Liability Co. Franklin Resource invested in 0% or 180,000 shares. Hirtle Callaghan And Limited Liability holds 0% or 150 shares in its portfolio. Natixis has 0% invested in MGM Resorts International (NYSE:MGM) for 10,280 shares. Concourse Capital Management Ltd invested 3.77% in MGM Resorts International (NYSE:MGM). Teacher Retirement Systems Of Texas owns 0.09% invested in MGM Resorts International (NYSE:MGM) for 406,481 shares. Great West Life Assurance Can reported 0.03% in MGM Resorts International (NYSE:MGM). Mutual Of America Management Limited Liability Corporation reported 0.03% in MGM Resorts International (NYSE:MGM). Gradient Invs Llc accumulated 33 shares. Covey Capital Advsrs Limited Liability Co stated it has 62,810 shares or 2.77% of all its holdings. Morgan Stanley reported 3.24M shares stake. Liberty Mutual Grp Inc Asset Mgmt Inc accumulated 0.02% or 20,632 shares. Price Capital Mgmt Inc invested 0.03% of its portfolio in MGM Resorts International (NYSE:MGM). Cambiar Ltd Liability invested 0% in MGM Resorts International (NYSE:MGM).

More notable recent MGM Resorts International (NYSE:MGM) news were published by: Seekingalpha.com which released: “MGM: The Caution Light Is Blinking And We’re Moving Guidance Back To Neutral” on May 03, 2018, also Fool.com with their article: “Where MGM Resorts Went Wrong (And Why You Shouldn’t Worry)” published on May 02, 2018, Seekingalpha.com published: “Red Robin Had A Bad Conference Call – Cramer’s Lightning Round (5/24/18)” on May 25, 2018. More interesting news about MGM Resorts International (NYSE:MGM) were released by: Seekingalpha.com and their article: “MGM Resorts perky into analyst day event” published on May 10, 2018 as well as Fool.com‘s news article titled: “Is This Proof an MGM-Wynn Resorts Merger Is Off the Table?” with publication date: May 22, 2018.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.61, from 1.58 in 2017Q3. It dropped, as 16 investors sold EZPW shares while 48 reduced holdings. 24 funds opened positions while 38 raised stakes. 48.83 million shares or 6.12% more from 46.01 million shares in 2017Q3 were reported. Rbf Lc owns 397,714 shares for 0.54% of their portfolio. James Research invested in 0.07% or 164,150 shares. Cornerstone Mngmt Limited Liability holds 0.02% of its portfolio in EZCORP, Inc. (NASDAQ:EZPW) for 274,200 shares. Brandywine Glob Investment Management Ltd Llc invested in 23,848 shares or 0% of the stock. Brown Advisory has 26,015 shares for 0% of their portfolio. Ameriprise Finance Incorporated reported 305,427 shares stake. The Louisiana-based Louisiana State Employees Retirement Systems has invested 0.01% in EZCORP, Inc. (NASDAQ:EZPW). Citigroup holds 1,614 shares or 0% of its portfolio. Thornburg Inv Mgmt Inc reported 120,000 shares. Livforsakringsbolaget Skandia Omsesidigt owns 3,419 shares. California State Teachers Retirement Sys holds 0% or 78,714 shares in its portfolio. Texas-based Bridgeway Capital Management has invested 0.03% in EZCORP, Inc. (NASDAQ:EZPW). Rhumbline Advisers holds 0% or 122,005 shares in its portfolio. Huber Capital Mgmt Limited Liability Co owns 1.96M shares for 1.3% of their portfolio. State Of Alaska Department Of Revenue accumulated 10,174 shares or 0% of the stock.

Pinnacle Holdings Llc, which manages about $720.48 million and $275.17 billion US Long portfolio, upped its stake in Holly Energy Partners (NYSE:HEP) by 295 shares to 81,336 shares, valued at $2.64B in 2017Q4, according to the filing. It also increased its holding in Genco Shipping by 8,502 shares in the quarter, for a total of 23,890 shares, and has risen its stake in Home Depot (NYSE:HD).

Among 4 analysts covering EZCORP (NASDAQ:EZPW), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. EZCORP had 12 analyst reports since August 17, 2016 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Thursday, September 7. Stephens maintained the shares of EZPW in report on Friday, February 2 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Wednesday, April 11. The firm earned “Buy” rating on Friday, August 4 by Jefferies. Wells Fargo downgraded EZCORP, Inc. (NASDAQ:EZPW) on Monday, December 12 to “Market Perform” rating. The company was upgraded on Wednesday, August 17 by CL King. The firm has “Buy” rating given on Friday, November 17 by Jefferies. Jefferies maintained it with “Buy” rating and $15.0 target in Friday, December 15 report. The stock of EZCORP, Inc. (NASDAQ:EZPW) has “Buy” rating given on Tuesday, October 10 by Jefferies. The stock of EZCORP, Inc. (NASDAQ:EZPW) earned “Hold” rating by Stephens on Wednesday, January 3.

Analysts await EZCORP, Inc. (NASDAQ:EZPW) to report earnings on July, 30. They expect $0.18 EPS, up 80.00% or $0.08 from last year’s $0.1 per share. EZPW’s profit will be $9.80M for 17.57 P/E if the $0.18 EPS becomes a reality. After $0.21 actual EPS reported by EZCORP, Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

More recent EZCORP, Inc. (NASDAQ:EZPW) news were published by: Investorplace.com which released: “The 3 Best Stocks to Invest in Right Now” on May 24, 2018. Also Investorplace.com published the news titled: “3 Undervalued Value Stocks That Everyone Hates But Me” on May 23, 2018. Seekingalpha.com‘s news article titled: “EZCORP, Inc. 2018 Q2 – Results – Earnings Call Slides” with publication date: May 03, 2018 was also an interesting one.

EZCORP, Inc. (NASDAQ:EZPW) Institutional Positions Chart

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