Allianz Asset Management GmbH Acquires 402,586 Shares of MGM Resorts International $MGM

Allianz Asset Management GmbH increased its stake in MGM Resorts International (NYSE:MGM) by 90.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 849,236 shares of the company’s stock after buying an additional 402,586 shares during the quarter. Allianz Asset Management GmbH owned 0.31% of MGM Resorts International worth $29,435,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. American Assets Capital Advisers LLC raised its position in MGM Resorts International by 22.4% in the third quarter. American Assets Capital Advisers LLC now owns 72,068 shares of the company’s stock worth $2,498,000 after acquiring an additional 13,176 shares during the period. Jones Financial Companies Lllp increased its stake in shares of MGM Resorts International by 9.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 29,820 shares of the company’s stock worth $1,062,000 after purchasing an additional 2,534 shares during the last quarter. Transcend Capital Advisors LLC bought a new stake in shares of MGM Resorts International in the 3rd quarter worth approximately $267,000. Thrivent Financial for Lutherans lifted its stake in MGM Resorts International by 423.8% in the third quarter. Thrivent Financial for Lutherans now owns 42,594 shares of the company’s stock valued at $1,476,000 after purchasing an additional 34,463 shares during the last quarter. Finally, AE Wealth Management LLC bought a new position in MGM Resorts International during the third quarter valued at $239,000. Hedge funds and other institutional investors own 68.11% of the company’s stock.

More MGM Resorts International News

Here are the key news stories impacting MGM Resorts International this week:

• Positive Sentiment: MGM reported stronger-than-expected Q4 results: revenue of $4.61B and EPS of $1.60, beating consensus and showing meaningful YoY profit improvement — a clear near-term fundamental positive. MGM Resorts International reports Q4 and FY2025 results
• Positive Sentiment: BetMGM is generating cash returns: the JV distributed $135M to MGM in 4Q25 and BetMGM reported strong FY2025 performance and an EBITDA inflection, supporting future cash distributions. This underpins MGM’s growth outlook and cash flow expectations. BetMGM FY2025 business update
• Positive Sentiment: Capital return and buybacks: MGM repurchased ~15M shares in 4Q and 37.5M in 2025, materially reducing float since 2021 — a catalyst for EPS accretion and shareholder value. MGM Resorts International reports Q4 and FY2025 results
• Positive Sentiment: MGM China reported all-time highs in revenue, adjusted EBITDA and market share for 2025, strengthening MGM’s Macau exposure and international revenue base. MGM China 2025 annual results
• Neutral Sentiment: Analyst activity: Truist upgraded MGM to strong-buy and some firms reiterated positive views (multiple buy/overweight ratings remain), but price targets are mixed (median ~$38). This provides analyst support but mixed conviction. Analyst upgrade coverage
• Neutral Sentiment: Corporate disclosures/timing: MGM pulled its earnings release forward and provided conference materials and a call — transparency that reduces short-term event risk. Earnings release date update
• Negative Sentiment: Operational headwinds in Las Vegas and macro/structural questions about brick‑and‑mortar gaming persist; coverage highlights risks as sports betting grows and shifts customer behavior. These dynamics could pressure Vegas cash flow and valuations. Article on sports betting vs brick-and-mortar impact
• Negative Sentiment: Insider selling and still-elevated leverage metrics noted in data summaries may weigh on sentiment; margin and net income improvement helped, but balance sheet and low net margin vs. enterprise leverage remain watch items. QuiverQuant earnings summary

Insider Activity at MGM Resorts International

In other news, major shareholder Iac Inc. purchased 1,098,748 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were purchased at an average price of $36.30 per share, with a total value of $39,884,552.40. Following the completion of the acquisition, the insider owned 65,822,350 shares in the company, valued at $2,389,351,305. This trade represents a 1.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 3.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Capital One Financial lowered their target price on MGM Resorts International from $47.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, December 5th. Zacks Research raised MGM Resorts International from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Texas Capital upgraded MGM Resorts International to a “strong-buy” rating in a research note on Thursday, January 8th. Argus cut their target price on shares of MGM Resorts International from $45.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Finally, Truist Financial upgraded shares of MGM Resorts International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $43.85.

MGM Resorts International Trading Down 1.9%

Shares of MGM opened at $36.23 on Friday. MGM Resorts International has a twelve month low of $25.30 and a twelve month high of $41.32. The stock has a market cap of $9.91 billion, a PE ratio of 226.45 and a beta of 1.44. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 1.80. The business’s 50-day moving average price is $35.57 and its 200-day moving average price is $35.03.

MGM Resorts International (NYSE:MGM) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $0.63 by $0.97. The company had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.42 billion. MGM Resorts International had a net margin of 0.40% and a return on equity of 17.23%. During the same quarter in the previous year, the company earned $0.45 earnings per share. On average, equities analysts forecast that MGM Resorts International will post 2.21 EPS for the current fiscal year.

MGM Resorts International Company Profile

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.