Teachers Retirement System of The State of Kentucky Has $23.02 Million Holdings in MGM Resorts International $MGM

NodeGuardian · 2026-03-11T09:46:20+00:00

The Teachers Retirement System of Kentucky reduced its MGM Resorts International stake by 23.5%, holding 664,244 shares worth $23.02 million. Despite this, other investors have increased their holdings, and MGM reported strong earnings, maintaining a "Hold" rating with a $41.94 price target.

NodeGuardian

2026-03-11 09:46:20

Abstract generation in progress

Teachers Retirement System of The State of Kentucky decreased its stake in MGM Resorts International by 23.5% in the third quarter, reducing its holdings to 664,244 shares valued at $23.02 million. Despite this reduction, other institutional investors have significantly increased their positions in MGM. The company’s stock has an average “Hold” rating from analysts with a consensus price target of $41.94, and it recently reported strong earnings, beating analyst estimates for EPS and revenue.

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