Kentucky Retirement Systems Has Upped Holding in Becton Dickinson & Co (BDX) by $509,534 as Market Valuation Declined; Mgm Resorts International (MGM) Shareholder Gates Capital Management Has Raised Its Holding

May 22, 2018 - By Vivian Currie

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Jeffrey Gates increased its stake in Mgm Resorts International (MGM) by 10.56% based on its latest 2017Q4 regulatory filing with the SEC. Gates Capital Management Inc bought 327,415 shares as the company’s stock rose 4.56% while stock markets declined. The hedge fund run by Jeffrey Gates held 3.43 million shares of the hotels and resorts company at the end of 2017Q4, valued at $114.43 million, up from 3.10 million at the end of the previous reported quarter. Gates Capital Management Inc who had been investing in Mgm Resorts International for a number of months, seems to be bullish on the $17.63B market cap company. The stock decreased 1.09% or $0.35 during the last trading session, reaching $31.66. About 1.32M shares traded. MGM Resorts International (NYSE:MGM) has risen 31.15% since May 22, 2017 and is uptrending. It has outperformed by 19.60% the S&P500.




Kentucky Retirement Systems increased its stake in Becton Dickinson & Co (BDX) by 17.06% based on its latest 2017Q4 regulatory filing with the SEC. Kentucky Retirement Systems bought 2,381 shares as the company’s stock declined 1.94% with the market. The institutional investor held 16,341 shares of the health care company at the end of 2017Q4, valued at $3.50M, up from 13,960 at the end of the previous reported quarter. Kentucky Retirement Systems who had been investing in Becton Dickinson & Co for a number of months, seems to be bullish on the $60.63 billion market cap company. The stock decreased 0.81% or $1.86 during the last trading session, reaching $226.9. About 234,090 shares traded. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since May 22, 2017 and is uptrending. It has outperformed by 4.37% the S&P500.

Another recent and important Becton, Dickinson and Company (NYSE:BDX) news was published by Seekingalpha.com which published an article titled: “Becton, Dickinson: More Than A Short-Term Bounce On The Cards?” on May 10, 2018.

Among 20 analysts covering Becton Dickinson (NYSE:BDX), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Becton Dickinson had 53 analyst reports since August 7, 2015 according to SRatingsIntel. Cowen & Co maintained Becton, Dickinson and Company (NYSE:BDX) rating on Monday, July 10. Cowen & Co has “Buy” rating and $23000 target. The stock has “Neutral” rating by JP Morgan on Tuesday, January 3. Jefferies maintained the stock with “Buy” rating in Thursday, March 30 report. The firm has “Hold” rating by Citigroup given on Friday, January 5. Jefferies maintained the shares of BDX in report on Tuesday, July 18 with “Buy” rating. Jefferies maintained Becton, Dickinson and Company (NYSE:BDX) rating on Tuesday, February 6. Jefferies has “Buy” rating and $260.0 target. The company was maintained on Wednesday, September 27 by Cowen & Co. Citigroup initiated Becton, Dickinson and Company (NYSE:BDX) on Thursday, November 12 with “Neutral” rating. Citigroup maintained Becton, Dickinson and Company (NYSE:BDX) rating on Thursday, February 4. Citigroup has “Neutral” rating and $146 target. The stock has “Sell” rating by Citigroup on Friday, September 23.

Since February 23, 2018, it had 1 buying transaction, and 5 sales for $4.78 million activity. 500 shares were bought by Melcher David F, worth $112,535. $426,079 worth of Becton, Dickinson and Company (NYSE:BDX) shares were sold by Polen Thomas E Jr. On Friday, May 11 the insider Shabshab Nabil sold $2.31 million. $1.21M worth of Becton, Dickinson and Company (NYSE:BDX) was sold by Gallagher John E on Tuesday, February 27. Borzi James W sold $910,726 worth of Becton, Dickinson and Company (NYSE:BDX) on Monday, February 26.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.62, from 0.93 in 2017Q3. It improved, as 50 investors sold BDX shares while 294 reduced holdings. 147 funds opened positions while 386 raised stakes. 215.77 million shares or 9.23% more from 197.53 million shares in 2017Q3 were reported. The California-based Wetherby Asset Mgmt has invested 0.25% in Becton, Dickinson and Company (NYSE:BDX). Wesbanco National Bank owns 1,526 shares. Caxton Associates Lp owns 6,431 shares. Churchill invested 0.11% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Farmers And Merchants holds 0.43% or 27,525 shares. Da Davidson And holds 0.12% or 26,636 shares in its portfolio. Eagleclaw Managment Lc has 0.54% invested in Becton, Dickinson and Company (NYSE:BDX). Moreover, Wheatland Advsr has 1.16% invested in Becton, Dickinson and Company (NYSE:BDX). American National Insurance Com Tx owns 7,091 shares or 0.08% of their US portfolio. Arrow Fincl stated it has 0.02% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Estabrook reported 0.08% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). Catawba Capital Mgmt Va owns 34,601 shares. Colony Grp Inc Incorporated Llc holds 0.19% of its portfolio in Becton, Dickinson and Company (NYSE:BDX) for 14,010 shares. Sg Americas Securities Lc has invested 0.13% of its portfolio in Becton, Dickinson and Company (NYSE:BDX). First Quadrant Lp Ca invested in 4,519 shares.

More notable recent MGM Resorts International (NYSE:MGM) news were published by: Finance.Yahoo.com which released: “Why MGM Resorts International, Arch Coal, and LendingTree Slumped Today” on April 27, 2018, also Seekingalpha.com with their article: “MGM Resorts perky into analyst day event” published on May 10, 2018, Prnewswire.com published: “Statement of MGM Resorts International on the US Supreme Court decision to overturn PASPA in Murphy v NCAA” on May 14, 2018. More interesting news about MGM Resorts International (NYSE:MGM) were released by: Fool.com and their article: “Casinos Ready to Bet Big on Sports Gambling” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “MGM Resorts fires off new $2B buyback plan” with publication date: May 11, 2018.

Since February 22, 2018, it had 1 insider buy, and 7 selling transactions for $5.19 million activity. 23,134 shares were sold by SANDERS COREY IAN, worth $848,588. The insider D’ARRIGO DANIEL sold 36,366 shares worth $1.26M. On Tuesday, March 6 BIBLE WILLIAM A sold $215,773 worth of MGM Resorts International (NYSE:MGM) or 6,260 shares. $35,500 worth of MGM Resorts International (NYSE:MGM) shares were bought by GROUNDS WILLIAM WARWICK. TAYLOR DANIEL J also sold $434,632 worth of MGM Resorts International (NYSE:MGM) on Thursday, February 22. The insider HERMAN ALEXIS sold 4,350 shares worth $159,351.

Gates Capital Management Inc, which manages about $3.48 billion and $4.17B US Long portfolio, decreased its stake in Gaming & Leisure Pptys Inc (NASDAQ:GLPI) by 477,041 shares to 2.03M shares, valued at $74.93M in 2017Q4, according to the filing. It also reduced its holding in Hilton Worldwide Hldgs Inc by 281,922 shares in the quarter, leaving it with 1.74 million shares, and cut its stake in Fortive Corp.

Investors sentiment decreased to 0.95 in Q4 2017. 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. Fir Tree Capital Lp invested in 3.26% or 3.63 million shares. Pennsylvania-based Vanguard Gp has invested 0.07% in MGM Resorts International (NYSE:MGM). Moreover, Dekabank Deutsche Girozentrale has 0.01% invested in MGM Resorts International (NYSE:MGM) for 25,966 shares. Aperio Group Ltd Company accumulated 147,338 shares. Lord Abbett Limited Liability Co holds 0.1% of its portfolio in MGM Resorts International (NYSE:MGM) for 1.04 million shares. Kings Point Capital Management stated it has 3,134 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.03% invested in MGM Resorts International (NYSE:MGM). Manufacturers Life Insur The stated it has 0.02% in MGM Resorts International (NYSE:MGM). Point72 Asset Mngmt LP holds 129,800 shares or 0.02% of its portfolio. Harris Lp holds 1.21% or 22.21M shares in its portfolio. British Columbia owns 236,166 shares or 0.06% of their US portfolio. Sector Pension Board holds 0.02% of its portfolio in MGM Resorts International (NYSE:MGM) for 103,303 shares. Melvin Cap Mngmt LP holds 0.79% of its portfolio in MGM Resorts International (NYSE:MGM) for 2.50M shares. Teacher Retirement Sys Of Texas owns 0.09% invested in MGM Resorts International (NYSE:MGM) for 406,481 shares. Mason Street Advsrs Ltd Liability owns 0.05% invested in MGM Resorts International (NYSE:MGM) for 70,973 shares.

MGM Resorts International (NYSE:MGM) Institutional Positions Chart

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