Wednesday, 18 July, 2018

Wynn Resorts (NASDAQ:WYNN) Cut to Neutral at UBS Group

Wynn Resorts (NASDAQ:WYNN) Cut to Neutral at UBS Group Wynn Resorts (NASDAQ:WYNN) Cut to Neutral at UBS Group
Nellie Chapman | 21 February, 2018, 15:24

The stock increased 5.29% or $1.28 during the last trading session, reaching $25.48. Using ratings provided by analysts polled by Zacks Research, we note that the current average broker rating on shares of Texas Capital Bancshares, Inc. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since February 20, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Ruane Cunniff & Goldfarb Inc decreased 58 Com Inc (WUBA) stake by 39.33% reported in 2017Q3 SEC filing. Heartland Advisors Inc owns 426,253 shares or 0.65% of their USA portfolio. About 17.53 million shares traded. Huntington Bancshares Inc now has $17.06 billion valuation.

Shares of Wynn Resorts, Limited (WYNN) traded up $0.64 during trading on Tuesday, reaching $164.92. About 20.51M shares traded. It has underperformed by 30.76% the S&P500.

Analysts await Triple-S Management Corporation (NYSE:GTS) to report earnings on March, 1. They expect $0.54 earnings per share, up 485.71% or $0.68 from last year's $-0.14 per share. Bogle Investment Management Ltd Partnership De has 73,281 shares.

Trexquant Investment Lp increased Vertex Pharmaceuticals Inc (NASDAQ:VRTX) stake by 3,354 shares to 5,664 valued at $861,000 in 2017Q3. BlackRock Inc. now owns 5,141,200 shares of the casino operator's stock valued at $866,755,000 after acquiring an additional 242,948 shares in the last quarter. Ibm (NYSE:IBM) was raised too.

Buying and selling decisions can be crucial when managing the stock portfolio. Therefore 78% are positive. The firm earned "Buy" rating on Friday, October 21 by UBS. Oppenheimer maintained the stock with "Hold" rating in Tuesday, August 8 report. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. The company presently has an average rating of "Buy" and a consensus price target of $177.25. The stock has "Outperform" rating by Cowen & Co on Thursday, December 1. Morgan Stanley upgraded the shares of WUBA in report on Tuesday, September 1 to "Overweight" rating. The stock of Micron Technology, Inc. Canaccord Genuity maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 27. The firm has "Buy" rating given on Thursday, September 21 by Deutsche Bank.

Investors sentiment increased to 2 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2.

Several institutional investors have recently modified their holdings of WYNN.

A number of other hedge funds have also made changes to their positions in the stock. Scotia Capital reported 0.05% stake.

Checking in on some recent market action, we have noted that shares of Texas Capital Bancshares, Inc. Clear Harbor Asset Management Llc owns 671,407 shares or 0.42% of their United States portfolio. First Mercantile Tru reported 5,520 shares or 0.15% of all its holdings. New York-based Sg Americas Secs Limited Liability Company has invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). Smith Asset Limited Partnership accumulated 2.09% or 839,635 shares. During the same period in the previous year, the firm posted $0.50 earnings per share. equities research analysts anticipate that Wynn Resorts, Limited will post 7.62 EPS for the current year. Pub Sector Pension Invest Board invested in 0.01% or 9,048 shares. Nwi Lp holds 1.29% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 90,000 shares. Cna Financial Corp, a Illinois-based fund reported 49,541 shares. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has "Hold" rating given on Monday, January 29 by Nomura. Janney Montgomery Scott Ltd Com invested in 0.04% or 25,936 shares. Bragg Finance Advsrs holds 0.9% or 149,282 shares. (NASDAQ:TCBI) is now 2.29. National Asset Management Inc stated it has 1% in AT&T Inc. (NYSE:ALV) stake by 10,410 shares to 94,221 valued at $11.65 million in 2017Q3. It also reduced Silver Run Acquisition stake by 277,900 shares and now owns 2.97M shares.

Since September 15, 2017, it had 0 buys, and 2 insider sales for $9.23 million activity.

It added: "Pursuant to such registration rights agreement, Mr Wynn may not sell during any quarter after the date of such agreement more than one-third of the company shares he holds as of the date of such agreement". SunTrust maintained it with "Hold" rating and $40.0 target in Thursday, February 1 report. Therefore 52% are positive. Micron Technology Inc. had 214 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with "Hold" on Wednesday, February 7. The rating was maintained by Brean Capital on Friday, July 31 with "Buy". UBS has "Neutral" rating and $98 target. The firm has "Hold" rating given on Thursday, September 3 by Argus Research. As per Wednesday, April 13, the company rating was maintained by Citigroup. The rating was maintained by BMO Capital Markets with "Buy" on Wednesday, January 31.