Man Group plc Sells 193,084 Shares of Melco Resorts & Entertainment Limited (MLCO)

Man Group plc trimmed its holdings in shares of Melco Resorts & Entertainment Limited (NASDAQ:MLCO) by 34.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 362,700 shares of the company’s stock after selling 193,084 shares during the quarter. Man Group plc owned 0.07% of Melco Resorts & Entertainment worth $7,671,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. First Hawaiian Bank bought a new position in shares of Melco Resorts & Entertainment in the third quarter worth $163,000. Sumitomo Life Insurance Co. bought a new position in shares of Melco Resorts & Entertainment in the third quarter worth $201,000. Rothschild Investment Corp IL increased its position in shares of Melco Resorts & Entertainment by 49.0% in the third quarter. Rothschild Investment Corp IL now owns 10,730 shares of the company’s stock worth $227,000 after purchasing an additional 3,530 shares during the period. USA Financial Portformulas Corp bought a new position in shares of Melco Resorts & Entertainment in the third quarter worth $230,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Melco Resorts & Entertainment in the second quarter worth $242,000. 36.25% of the stock is owned by institutional investors.

A number of research analysts have issued reports on MLCO share....

read more from fairfieldcurrent.com