Published: Sun, April 22, 2018
Business | By Kate Woods

Wynn Resorts (WYNN) Cut to "Hold" at Vetr

Wynn Resorts (WYNN) Cut to

Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Other recent actions to improve the workplace environment and further stabilize the company include the separation of Steve Wynn from all company operations and the sale of all of his stock in the company, as well as the settlement of six years of litigation with Universal Entertainment for $2.4bn.

Wendy Webb first came to prominence during her 20 years as a senior executive at the Walt Disney Company, where she served as both Senior Vice President of Investor Relations and Shareholder Services, as the person leading the company's global strategic and financial communications, and as Executive Director of the Walt Disney Company Foundation, working on brand building and philanthropic issues. The stock increased 1.19% or $2.26 during the last trading session, reaching $192.91. The total amount of shares outstanding is 110.13M, giving the company a market capitalization of about 21.11B. Since April 20, 2017 WYNN has risen 55.02% and is uptrending. Wynn Resorts' shares have outperformed its industry in the last one year.

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Nordea Investment Management Ab increased its stake in Triple (GTS) by 30.7% based on its latest 2017Q4 regulatory filing with the SEC. The company has a market cap of $19,770.06, a P/E ratio of 35.26 and a beta of 1.40. The institutional investor held 485,892 shares of the major banks company at the end of 2017Q4, valued at $36.16M, down from 508,845 at the end of the previous reported quarter. The stock price surged with Upswing change of 5.58% when it was compared to 20-day moving average. About 5.21M shares traded. It has underperformed by 38.14% the S&P500.

Big Money Sentiment increased to 1.23 in Q4 2017. The casino operator reported $1.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.33 by $0.07. It turned negative, as 58 investors sold C shares while 480 reduced holdings. After having $-0.10 EPS previously, Mesoblast Limited's analysts see 100.00% EPS growth. Cypress Cap Mngmt Limited Liability Corporation (Wy) accumulated 275 shares. (NYSE:C). Omega Advsr Inc invested 0.36% in Citigroup Inc. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment holds 0.01% or 3,700 shares in its portfolio. Canada Pension Plan Inv Board owns 159,771 shares for 0.05% of their portfolio. (NYSE:C) to report earnings on July, 13. Andra Ap holds 0.03% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 9,000 shares. Fmr Llc, Massachusetts-based fund reported 287,521 shares. Old Mutual Customised Solutions (Proprietary) Limited stated it has 2,400 shares. It also reduced its holding in Sherwin (NYSE:SHW) by 1,825 shares in the quarter, leaving it with 47,502 shares, and cut its stake in American Tower (NYSE:AMT). (IQ) stock brought in a -$0.61 drop to $18.34. On Wednesday, February 28 the insider Callahan Don sold $536,410. Virtue Capital Management LLC purchased a new position in shares of Wynn Resorts during the 4th quarter worth approximately $549,000. (NYSE:WMB) on Monday, February 26.

Investors are constantly attempting to find the next great stock to own. Scheel James E. had sold 26,915 shares worth $888,195 on Thursday, January 11. HARRIS WALTER L sold 274 shares worth $13,541.

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Since March 21, 2018, it had 0 insider buys, and 2 sales for $2.14 billion activity. American Assets Capital Advisers LLC raised its stake in shares of Wynn Resorts by 62.5% during the 4th quarter. 75 funds opened positions while 153 raised stakes. Morgan Stanley owns 700,968 shares. The California-based Wetherby Asset Management has invested 0.05% in Wynn Resorts, Limited (NASDAQ:WYNN). Gsa Ptnrs Llp holds 0.05% or 34,454 shares. The firm earned "Positive" rating on Thursday, February 8 by Susquehanna. The company's revenue was up 47.9% compared to the same quarter a year ago. Teacher Retirement Systems Of Texas reported 22,445 shares. Advisor Prtn Lc has 0.07% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Ameriprise Financial Inc holds 0% of its capital in Wynn Resorts, Limited (NASDAQ:WYNN) for 46,364 shs. Franklin Res Inc owns 56,500 shs or 0% of their United States capital. Brandes Investment Limited Partnership accumulated 0.04% or 79,061 shares. Advantus Mgmt owns 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 8,244 shares. Solutions Limited Co invested 0% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Nine analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. Therefore 58% are positive. Roth Capital upped their target price on shares of Wynn Resorts from $167.00 to $210.00 and gave the stock a "buy" rating in a report on Tuesday, January 23rd. The company was upgraded on Wednesday, September 2 by Credit Agricole. Jefferies maintained it with "Buy" rating and $200.0 target in Thursday, March 8 report.

Bp Plc maintained its stake in Wynn Resorts, Limited (NASDAQ:WYNN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

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