Land & Buildings Investment Management Has Trimmed Mgm Resorts International (MGM) Position, 3 Analysts Bullish Health Insurance Innovations (HIIQ)

June 20, 2017 - By Winifred Garcia

Land & Buildings Investment Management Llc decreased Mgm Resorts International (MGM) stake by 6% reported in 2016Q4 SEC filing. Land & Buildings Investment Management Llc sold 110,800 shares as Mgm Resorts International (MGM)’s stock rose 17.48%. The Land & Buildings Investment Management Llc holds 1.73 million shares with $50.02M value, down from 1.85M last quarter. Mgm Resorts International now has $19.33 billion valuation. The stock declined 0.21% or $0.07 reaching $33.08 per share. About 2.74 million shares traded. MGM Resorts International (NYSE:MGM) has risen 45.28% since June 20, 2016 and is uptrending. It has outperformed by 28.58% the S&P500.

Among 4 analysts covering Health Insurance Innovations Inc (NASDAQ:HIIQ), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Health Insurance Innovations Inc had 6 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 15 by Lake Street. Lake Street maintained the shares of HIIQ in report on Friday, December 30 with “Buy” rating. On Thursday, June 9 the stock rating was downgraded by Raymond James to “Market Perform”. See Health Insurance Innovations Inc (NASDAQ:HIIQ) latest ratings:

31/03/2017 Broker: Cantor Fitzgerald Rating: Overweight Initiates Coverage On
13/03/2017 Broker: Canaccord Genuity Rating: Buy Initiates Coverage On
30/12/2016 Broker: Lake Street Rating: Buy Old Target: $13 New Target: $20 Maintain

About 269,306 shares traded. Health Insurance Innovations Inc (NASDAQ:HIIQ) has risen 227.83% since June 20, 2016 and is uptrending. It has outperformed by 211.13% the S&P500.

Investors sentiment increased to 1.47 in Q4 2016. Its up 0.24, from 1.23 in 2016Q3. It increased, as 10 investors sold Health Insurance Innovations Inc shares while 9 reduced holdings. 20 funds opened positions while 8 raised stakes. 3.83 million shares or 9.31% more from 3.50 million shares in 2016Q3 were reported. Renaissance Tech Lc owns 213,900 shares. Vanguard Grp stated it has 0% in Health Insurance Innovations Inc (NASDAQ:HIIQ). Driehaus Cap Mngmt Limited Liability Company stated it has 188,690 shares or 0.12% of all its holdings. 25,000 were reported by California Public Employees Retirement System. Clarivest Asset Mgmt owns 13,308 shares. Citadel Advisors Limited Liability Company owns 14,338 shares or 0% of their US portfolio. Morgan Stanley stated it has 0% in Health Insurance Innovations Inc (NASDAQ:HIIQ). Blackrock Fund Advsr holds 27,660 shares. Manufacturers Life Insurance Co The invested in 2,693 shares or 0% of the stock. Geode Capital Management Ltd Liability Com, Massachusetts-based fund reported 40,132 shares. Moreover, Engineers Gate Manager L P has 0.05% invested in Health Insurance Innovations Inc (NASDAQ:HIIQ) for 27,185 shares. Spark Inv Ltd Liability Corp holds 24,600 shares. 100,000 are held by Granite Point Management Limited Partnership. Columbia Prns L L C Investment Mgmt owns 182,152 shares. Pdts Prtnrs Ltd Liability has 0.09% invested in Health Insurance Innovations Inc (NASDAQ:HIIQ) for 77,100 shares.

Since January 19, 2017, it had 1 insider purchase, and 22 insider sales for $50.79 million activity. $111,218 worth of Health Insurance Innovations Inc (NASDAQ:HIIQ) was sold by Wang Sheldon on Monday, June 12. The insider Telkamp Bruce sold $225,816. Shares for $39.48M were sold by Kosloske Michael W on Monday, March 13. 15,000 shares were sold by Hershberger Michael D, worth $305,585. $140,770 worth of Health Insurance Innovations Inc (NASDAQ:HIIQ) was bought by Murley Robert S on Thursday, May 18. $7.35 million worth of Health Insurance Innovations Inc (NASDAQ:HIIQ) was sold by CANNELL CAPITAL LLC on Thursday, January 19.

Health Insurance Innovations, Inc. is a developer, distributor and cloud administrator of individual and family health insurance plans and supplemental products, which include short-term medical (STM) insurance plans, and guaranteed-issue and underwritten hospital indemnity plans. The company has market cap of $354.64 million. The Firm also develops, distributes and administers supplemental products, which include a range of additional insurance and non-insurance products, such as pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and life insurance policies that are purchased as supplements to IFP. It has a 22.68 P/E ratio. The Company’s STM plans are provided up to six months, 11 months, or 364 days of health insurance coverage with a range of deductible and copay levels.

Investors sentiment increased to 1.41 in Q4 2016. Its up 0.43, from 0.98 in 2016Q3. It improved, as 31 investors sold MGM shares while 121 reduced holdings. 93 funds opened positions while 121 raised stakes. 401.91 million shares or 0.07% more from 401.64 million shares in 2016Q3 were reported. Legal & General Group Public Ltd holds 0.05% of its portfolio in MGM Resorts International (NYSE:MGM) for 1.89 million shares. Twin Tree Mngmt LP reported 0.02% of its portfolio in MGM Resorts International (NYSE:MGM). Ibm Retirement Fund holds 44,442 shares or 0.06% of its portfolio. California State Teachers Retirement has 0.06% invested in MGM Resorts International (NYSE:MGM). Old Mutual Customised Solutions (Proprietary) has 10,800 shares. Balyasny Asset Limited Com has 1.55 million shares. 1.04M were accumulated by Ubs Asset Mngmt Americas Inc. Moreover, Buildings Management Llc has 12.28% invested in MGM Resorts International (NYSE:MGM). Amalgamated Savings Bank stated it has 0.03% in MGM Resorts International (NYSE:MGM). Oz Management Limited Partnership invested in 918,292 shares or 0.19% of the stock. Ngam Advsrs LP invested in 144,306 shares. Moreover, Atria Limited Liability Corporation has 0.02% invested in MGM Resorts International (NYSE:MGM). Silver Cap Mngmt Ltd Liability holds 4.28% or 32,395 shares. Moreover, Dnb Asset Mngmt As has 0% invested in MGM Resorts International (NYSE:MGM). Guardian Trust reported 165 shares.

Among 13 analysts covering MGM Resorts (NYSE:MGM), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MGM Resorts had 36 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, December 9, the company rating was maintained by Telsey Advisory Group. On Tuesday, November 8 the stock rating was maintained by Telsey Advisory Group with “Outperform”. The rating was maintained by Telsey Advisory Group on Tuesday, January 17 with “Outperform”. The stock of MGM Resorts International (NYSE:MGM) earned “Overweight” rating by Morgan Stanley on Friday, May 6. The company was maintained on Tuesday, October 13 by JP Morgan. Telsey Advisory Group maintained it with “Outperform” rating and $29 target in Friday, June 17 report. Stifel Nicolaus maintained the shares of MGM in report on Wednesday, August 5 with “Buy” rating. The company was maintained on Friday, May 6 by Telsey Advisory Group. Stifel Nicolaus maintained it with “Buy” rating and $35 target in Friday, February 17 report. The stock of MGM Resorts International (NYSE:MGM) earned “Buy” rating by Stifel Nicolaus on Tuesday, November 8.

Analysts await MGM Resorts International (NYSE:MGM) to report earnings on August, 3. They expect $0.26 EPS, 0.00% or $0.00 from last year’s $0.26 per share. MGM’s profit will be $151.93M for 31.81 P/E if the $0.26 EPS becomes a reality. After $0.38 actual EPS reported by MGM Resorts International for the previous quarter, Wall Street now forecasts -31.58% negative EPS growth.

Since February 21, 2017, it had 1 buying transaction, and 14 sales for $9.01 million activity. $2.79 million worth of MGM Resorts International (NYSE:MGM) shares were sold by BALDWIN ROBERT. The insider GAY MARY CHRISTINE sold $105,568. Shares for $137,015 were sold by BIBLE WILLIAM A. SANDERS COREY IAN also sold $615,686 worth of MGM Resorts International (NYSE:MGM) on Monday, May 1. SELWOOD ROBERT sold $317,052 worth of stock. Mandekic Anthony Leo sold $370,375 worth of MGM Resorts International (NYSE:MGM) on Monday, May 1. HERNANDEZ ROLAND A sold 48,975 shares worth $1.27 million.

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