Sigma Planning Corp lessened its stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Get Rating) by 29.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,873 shares of the casino operator’s stock after selling 1,637 shares during the quarter. Sigma Planning Corp’s holdings in Wynn Resorts were worth $309,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in WYNN. Bank of Montreal Can raised its holdings in Wynn Resorts by 344.7% during the 4th quarter. Bank of Montreal Can now owns 415,496 shares of the casino operator’s stock valued at $36,045,000 after buying an additional 322,073 shares during the period. State Street Corp raised its holdings in Wynn Resorts by 3.7% during the 4th quarter. State Street Corp now owns 4,110,591 shares of the casino operator’s stock valued at $349,565,000 after buying an additional 146,960 shares during the period. Invesco Ltd. raised its holdings in Wynn Resorts by 7.6% during the 4th quarter. Invesco Ltd. now owns 1,236,037 shares of the casino operator’s stock valued at $105,112,000 after buying an additional 87,304 shares during the period. Kettle Hill Capital Management LLC purchased a new stake in Wynn Resorts during the 4th quarter valued at $7,102,000. Finally, Qube Research & Technologies Ltd raised its holdings in Wynn Resorts by 92.2% during the 4th quarter. Qube Research & Technologies Ltd now owns 136,159 shares of the casino operator’s stock valued at $11,579,000 after buying an additional 65,309 shares during the period. Institutional investors own 62.72% of the company’s stock.
Several analysts recently weighed in on the company. UBS Group set a $67.00 price target on Wynn Resorts in a report on Monday, June 20th. Barclays initiated coverage on Wynn Resorts in a research note on Tuesday, June 28th. They issued an “equal weight” rating and a $62.00 target price on the stock. Citigroup reduced their target price on Wynn Resorts from $92.00 to $87.50 and set a “buy” rating on the stock in a research note on Tuesday, July 5th. Deutsche Bank Aktiengesellschaft reduced their target price on Wynn Resorts from $123.00 to $92.00 in a research note on Wednesday, May 11th. Finally, Wells Fargo & Company reduced their target price on Wynn Resorts from $97.00 to $79.00 in a research note on Wednesday, May 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Wynn Resorts has a consensus rating of “Hold” and a consensus target price of $96.88.
WYNN opened at $56.46 on Friday. Wynn Resorts, Limited has a 12-month low of $50.20 and a 12-month high of $114.94. The business’s fifty day simple moving average is $61.62 and its 200-day simple moving average is $75.13. The company has a market capitalization of $6.55 billion, a price-to-earnings ratio of -9.85 and a beta of 2.18.Wynn Resorts (NASDAQ:WYNN – Get Rating) last issued its quarterly earnings data on Tuesday, May 10th. The casino operator reported ($1.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.15) by ($0.06). The company had revenue of $953.40 million during the quarter, compared to the consensus estimate of $986.35 million. During the same quarter in the prior year, the firm posted ($2.41) earnings per share. Wynn Resorts’s quarterly revenue was up 31.4% compared to the same quarter last year. On average, equities analysts forecast that Wynn Resorts, Limited will post -2.9 EPS for the current fiscal year.
Wynn Resorts Profile (Get Rating)
Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays.
Read More
Want to see what other hedge funds are holding WYNN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wynn Resorts, Limited (NASDAQ:WYNN – Get Rating).
Receive News & Ratings for Wynn Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wynn Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
"corp" - Google News
July 10, 2022 at 05:18PM
https://ift.tt/dhj8gGI
Sigma Planning Corp Decreases Stock Holdings in Wynn Resorts, Limited (NASDAQ:WYNN) - Defense World
"corp" - Google News
https://ift.tt/a1YVhof
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Sigma Planning Corp Decreases Stock Holdings in Wynn Resorts, Limited (NASDAQ:WYNN) - Defense World"
Post a Comment