Northwestern Mutual Wealth Management adds MGM shares worth $1.32M
Northwestern Mutual Wealth Management Co. bought 27,657 shares of MGM Resorts International worth about $1.32M, while other large investors also adjusted positions. MGM reported quarterly EPS of $0.59 versus $0.56 expected, and analysts forecast 1.96 EPS for the fiscal year. Morgan Stanley reiterated an underweight rating, with an average target price of $53.37.