International Game Technology (igt) Most Bought Casino Services Stock By Number Of Institutions

Feb. 7, 2011 - PRLog -- MFFAIS.com featured their Quarterly Casino Services Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* International Game Technology (IGT) leads industry in number of funds buying shares 39.56% of industry buys

* Gaming Partners International Corp (GPIC) had the highest overall confidence score (relation of funds buying versus fund selling)

* Bally Technologies Inc (BYI) had second highest number of funds buying shares 22.78% of industry buys

* Shuffle Master Inc (SHFL) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 70.00% buys versus 30.00% sells
b) International Game Technology (IGT) buys were 46.66% of all activity, 66.66% of number of buys and 77.24% of value of buy trades
c) Bally Technologies Inc (BYI) buys were 16.66% of all activity, 23.80% of number of buys and 15.31% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Shuffle Master Inc (SHFL)

*  When institutions own multiple industry stocks, the most sold industry stock was Bally Technologies Inc (BYI)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

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