Coronation Fund Managers Ltd. Raises Stock Holdings in Melco Resorts & Entertainment Limited $MLCO

Coronation Fund Managers Ltd. boosted its stake in Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,103,914 shares of the company’s stock after purchasing an additional 341,528 shares during the quarter. Melco Resorts & Entertainment comprises 3.9% of Coronation Fund Managers Ltd.’s investment portfolio, making the stock its 7th biggest position. Coronation Fund Managers Ltd.’s holdings in Melco Resorts & Entertainment were worth $74,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in Melco Resorts & Entertainment in the 2nd quarter valued at about $38,000. Solstein Capital LLC lifted its holdings in shares of Melco Resorts & Entertainment by 74.9% during the 2nd quarter. Solstein Capital LLC now owns 9,340 shares of the company’s stock worth $68,000 after acquiring an additional 4,000 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Melco Resorts & Entertainment during the 2nd quarter worth approximately $71,000. Campbell & CO Investment Adviser LLC bought a new position in Melco Resorts & Entertainment in the second quarter valued at approximately $75,000. Finally, Global Retirement Partners LLC raised its position in Melco Resorts & Entertainment by 6,805.6% during the third quarter. Global Retirement Partners LLC now owns 8,632 shares of the company’s stock valued at $79,000 after purchasing an additional 8,507 shares in the last quarter. 39.62% of the stock is currently owned by institutional investors and hedge funds.

Melco Resorts & Entertainment Stock Up 2.6%

Shares of MLCO stock opened at $5.53 on Friday. Melco Resorts & Entertainment Limited has a twelve month low of $4.55 and a twelve month high of $10.15. The stock’s fifty day simple moving average is $7.02 and its 200 day simple moving average is $8.26. The firm has a market capitalization of $2.32 billion, a P/E ratio of 12.02 and a beta of 0.63.

Key Headlines Impacting Melco Resorts & Entertainment

Here are the key news stories impacting Melco Resorts & Entertainment this week:

• Positive Sentiment: Macau momentum and analyst upgrade — Seeking Alpha highlights that Macau gaming growth remains a clear tailwind, driving earnings upside and prompting a ratings upgrade based on a constructive 2026 Macau outlook. Melco Resorts: Macau Growth Creates Upside (Rating Upgrade)
• Positive Sentiment: Operational recovery — Company-reported group property EBITDA grew ~17% y/y, signaling improving margins and cash generation across the portfolio. This underpins investor confidence even with mixed headline results. Melco projects opening of renovated Countdown hotel in Q3 2026 while group property EBITDA grows 17%
• Positive Sentiment: Brand & luxury credentials — Melco captured the most Forbes Travel Guide Five-Star Awards for any integrated-resort operator in 2026, reinforcing its premium positioning which supports higher-margin leisure and F&B revenue. Melco attains world’s most Forbes Travel Guide Five-Star Awards in 2026
• Neutral Sentiment: New property update — Management expects the renovated Countdown hotel to open in Q3 2026, a potential medium-term revenue contributor but not immediate. Countdown hotel renovation and timing
• Neutral Sentiment: Full disclosure & materials available — The company posted an unaudited Q4 release and provided the earnings slide deck and call transcript for investors to review detailed metrics. These documents provide clarity but contain mixed signals. Melco Resorts Announces Unaudited Fourth Quarter 2025 Earnings
• Negative Sentiment: EPS missed estimates — Reported Q4 EPS was $0.05 versus consensus of $0.12, a notable miss that weighed on near-term sentiment despite solid revenue. Press release / presentation with EPS data
• Negative Sentiment: City of Dreams Manila underperformance — The Manila property continues to lag and remains a drag on consolidated results, though analysts note it is not critical to the overall thesis. City of Dreams Manila performance
• Negative Sentiment: Margin & profitability metrics still mixed — The company reported a low net margin and negative return on equity, metrics investors will monitor for sustained improvement. Analysts publicly defended the stock after the earnings shortfall, indicating debate about valuation and near-term prospects. Analysts defend Melco after earnings

Analyst Ratings Changes

MLCO has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Melco Resorts & Entertainment in a report on Thursday, January 22nd. Texas Capital upgraded Melco Resorts & Entertainment to a “strong-buy” rating in a research report on Friday, January 23rd. Wall Street Zen lowered Melco Resorts & Entertainment from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 27th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $7.70 target price (down previously from $11.00) on shares of Melco Resorts & Entertainment in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $7.85.

About Melco Resorts & Entertainment

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) is a developer, owner and operator of integrated resort destinations in Asia and Europe. The company’s portfolio spans casino gaming, hotel accommodations, retail, dining and entertainment facilities. Melco’s properties feature a mix of luxury hotels, award-winning restaurants, high-limit gaming salons and entertainment venues, catering to a broad range of leisure and business travelers.

In Macau, Melco owns and operates flagship properties including City of Dreams Macau, Altira Macau and Studio City.