Monday, 10 December, 2018

Wynn Resorts' (WYNN) Buy Rating Reaffirmed at Deutsche Bank

Steve Wynn Steve Wynn
Nellie Chapman | 08 February, 2018, 08:20

In related news, EVP Kimmarie Sinatra sold 20,795 shares of Wynn Resorts stock in a transaction on Wednesday, November 8th. The stock price volatility for last week at the close of regular trading was 4%, pushing the figure for the whole month to now reaching 5.66%. Each day had more than 10 times the average trading volume for Wynn Resort shares. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since February 6, 2017 and is uptrending. 7,836 are owned by Vident Investment Advisory Ltd. The Crystal Rock Capital Management holds 33,249 shares with $4.95 million value, down from 36,724 last quarter. New Vernon Capital Holdings Ii Llc who had been investing in Hdfc Bank Ltd for a number of months, seems to be bullish on the $74.76 billion market cap company. Nationwide Fund Advisors now owns 41,256 shares of the casino operator's stock valued at $5,533,000 after purchasing an additional 18,820 shares during the last quarter. It has outperformed by 40.33% the S&P500. First Foundation has invested 0.18% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Three analysts have issued estimates for Wynn Resorts' earnings. LMR Partners LLP's holdings in Wynn Resorts were worth $6,321,000 as of its most recent SEC filing. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has "Buy" rating given on Tuesday, March 21 by Aegis Capital. As per Monday, January 29, the company rating was maintained by Nomura. Bank of America maintained it with "Hold" rating and $200.0 target in Monday, January 22 report. Vetr downgraded the stock to "Hold" rating in Thursday, September 17 report.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 13 have Buy rating, 1 Sell and 15 Hold.

Since September 15, 2017, it had 0 buys, and 2 insider sales for $9.23 million activity. Morgan Stanley has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 778,204 shares. After $0.02 actual EPS reported by Helix Energy Solutions Group, Inc. for the previous quarter, Wall Street now forecasts -150.00% negative EPS growth. It dived, as 33 investors sold WYNN shares while 148 reduced holdings.

Several other institutional investors and hedge funds also recently made changes to their positions in WYNN. 69,862 are held by United Serv Automobile Association. State Treasurer State Of Michigan stated it has 24,270 shares. Bokf Na holds 0.01% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 2,331 shares. Gemmer Asset Mngmt Lc reported 0% in Wynn Resorts, Limited (NASDAQ:WYNN). Norinchukin Commercial Bank The holds 0.02% or 5,955 shares in its portfolio. The Pacad Investment Ltd holds 23,803 shares with $176,000 value, down from 67,703 last quarter. Summit Securities Grp Inc Limited Liability Corp invested in 0.13% or 5,200 shares. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned "Buy" rating by Goldman Sachs on Friday, April 1. VANGUARD GROUP INC also announced increased position in KEMET Corporation (KEM) during the quarter. It also reduced Fifth Third Bancorp (NASDAQ:FITB) stake by 45,768 shares and now owns 3,307 shares.

Investors sentiment increased to 1.07 in 2017 Q3. Its down 0.57, from 1.51 in 2017Q2. Profund Lc stated it has 7,696 shares or 0.05% of all its holdings. 31 funds opened positions while 87 raised stakes. The fund owned 5,400 shares of the casino operator's stock after selling 5,300 shares during the quarter. 308.92 million shares or 6.48% more from 290.12 million shares in 2017Q2 were reported. Asset Mgmt accumulated 0.04% or 1,587 shares. 1,421 were accumulated by Hanson Mcclain. The company's revenue for the quarter was up 29.9% compared to the same quarter last year. equities research analysts expect that Wynn Resorts will post 7.62 EPS for the current fiscal year. The NASDAQ-listed company saw a recent bid of $165.48 on volume of 4.9 million shares. Groesbeck Inv Corp Nj holds 1,250 shares or 0.19% of its portfolio. Texas Yale Capital Corporation holds 0.46% or 25,626 shares in its portfolio. Glendon Capital Management Lp bought 391,243 shares as the company's stock declined 20.16% while stock markets rallied. Garrison Corporation has invested 2.39% of its portfolio in 3M Company (NYSE:MMM). Following the sale, the director now directly owns 19,162 shares of the company's stock, valued at approximately $2,907,641.88. Matarin Mngmt Ltd Llc stated it has 0.14% in IDT Corporation (NYSE:IDT). Therefore 44% are positive. The rating was maintained by Wunderlich on Friday, July 31 with "Buy". The firm has "Market Perform" rating by Taglich given on Monday, October 5. The company has a market cap of $16,930.00, a price-to-earnings ratio of 22.47 and a beta of 1.59. As per Tuesday, September 26, the company rating was maintained by Jefferies. Elaine Wynn owns 9 percent of Wynn Resorts stock, but probably can't sell it due to restrictions set in their divorce settlement. COSENTINO ERIC F. sold $7,248 worth of stock or 549 shares. On Friday, October 27 Fong Ivan K sold $547,377 worth of 3M Company (NYSE:MMM) or 2,348 shares. Keel Paul A sold 4,965 shares worth $1.02M.

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