Allianz Asset Management GmbH Raises Stock Holdings in MGM Resorts International $MGM

Allianz Asset Management GmbH grew its stake in MGM Resorts International (NYSE:MGM) by 90.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 849,236 shares of the company’s stock after buying an additional 402,586 shares during the period. Allianz Asset Management GmbH’s holdings in MGM Resorts International were worth $29,435,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CYBER HORNET ETFs LLC purchased a new stake in MGM Resorts International during the second quarter valued at about $25,000. Mendota Financial Group LLC bought a new position in shares of MGM Resorts International during the 3rd quarter valued at about $27,000. Mather Group LLC. bought a new stake in MGM Resorts International in the 3rd quarter worth approximately $33,000. Employees Retirement System of Texas purchased a new stake in MGM Resorts International in the second quarter worth approximately $45,000. Finally, Assetmark Inc. boosted its stake in MGM Resorts International by 120.3% in the second quarter. Assetmark Inc. now owns 1,813 shares of the company’s stock worth $62,000 after buying an additional 990 shares in the last quarter. Institutional investors own 68.11% of the company’s stock.

Insider Activity at MGM Resorts International

In other MGM Resorts International news, major shareholder Iac Inc. bought 1,098,748 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average price of $36.30 per share, for a total transaction of $39,884,552.40. Following the completion of the acquisition, the insider directly owned 65,822,350 shares in the company, valued at $2,389,351,305. The trade was a 1.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.06% of the stock is currently owned by corporate insiders.

MGM Resorts International Stock Performance

MGM Resorts International stock opened at $36.23 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 1.80. The firm has a market cap of $9.91 billion, a P/E ratio of 226.45 and a beta of 1.44. MGM Resorts International has a 1-year low of $25.30 and a 1-year high of $41.32. The firm has a 50-day moving average of $35.57 and a 200-day moving average of $35.03.

MGM Resorts International (NYSE:MGM) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.97. MGM Resorts International had a return on equity of 17.23% and a net margin of 0.40%.The company had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the previous year, the business earned $0.45 EPS. Sell-side analysts expect that MGM Resorts International will post 2.21 EPS for the current year.

MGM Resorts International News Roundup

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on MGM. Wells Fargo & Company boosted their price objective on shares of MGM Resorts International from $29.00 to $31.00 and gave the stock an “underweight” rating in a report on Friday, January 16th. JPMorgan Chase & Co. boosted their price target on shares of MGM Resorts International from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Mizuho set a $62.00 price objective on MGM Resorts International in a research note on Thursday, October 30th. Stifel Nicolaus set a $45.00 price objective on MGM Resorts International in a report on Thursday, October 30th. Finally, The Goldman Sachs Group restated a “sell” rating and set a $33.00 target price on shares of MGM Resorts International in a report on Monday, December 15th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $43.85.

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.