Jefferies Group Reiterates Buy Rating for Wynn Resorts (WYNN)

Decatur Capital Management Has Raised By $643800 Its Wynn Resorts LTD (WYNN) Position; Ceva Has 0.93 Sentiment

Decatur Capital Management Has Raised By $643800 Its Wynn Resorts LTD (WYNN) Position; Ceva Has 0.93 Sentiment

The stock increased 6.35% or $10.7 during the last trading session, reaching $179.11. From a safety point of view, a company's size and market value do matter. (NASDAQ:DHIL) has risen 16.29% since March 9, 2017 and is uptrending. It has outperformed by 49.90% the S&P500. Mckinley Capital Management LLC Delaware bought a new stake in Wynn Resorts in the fourth quarter valued at about $171,000. First Personal Financial Services now owns 710 shares of the casino operator's stock worth $106,000 after purchasing an additional 360 shares during the last quarter. The Hitchwood Capital Management Lp holds 445,000 shares with $66.27M value, down from 650,000 last quarter.

Wynn Macau Ltd. climbed 0.5 percent in Hong Kong on Friday, while parent Wynn Resorts jumped 6.4 percent in NY on Thursday before the settlement was announced. About 5.45M shares traded or 40.87% up from the average. About 6.35 million shares traded or 60.31% up from the average. During the past six months, Wynn Resorts, Limited (NASDAQ:WYNN)'s stock has been 24.92% and 80.50% for the last 12 months. It has outperformed by 20.93% the S&P500.

Analysts await CEVA, Inc. USB's profit will be $1.55 billion for 14.56 P/E if the $0.94 EPS becomes a reality. The casino operator reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.33 by $0.07.

Since September 15, 2017, it had 0 insider buys, and 2 insider sales for $9.23 million activity. WALLACE HENRY D G had sold 4,139 shares worth $690,025 on Monday, September 18. Sinatra Kimmarie had sold 21,451 shares worth $3.08 million on Friday, September 15. Eleven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Therefore 33% are positive.

WYNN has been the subject of several analyst reports. Morgan Stanley downgraded the stock to "Equal-Weight" rating in Friday, February 9 report. The ex-dividend date of this dividend was Wednesday, February 14th.

Analyst's ratings determines the future of any company. The company was initiated on Friday, October 7 by Wedbush.

Price-earnings ratio, also known as P/E ratio, is a tool that is used by shareholders to help decide whether they should buy a stock. The firm has "Neutral" rating given on Monday, January 29 by UBS.

Investors sentiment increased to 1.23 in 2017 Q3. New Mexico Educational Retirement Board accumulated 7,394 shares or 0.05% of the stock. 12 funds opened positions while 28 raised stakes. Da Davidson accumulated 5,425 shares. Hwg Ltd Partnership holds 0.83% or 7,119 shares. Ci Glob Invs holds 0.02% in U.S. Bancorp (NYSE:USB) or 17,523 shares. Quantitative Invest Mngmt has invested 0.33% in Lear Corporation (NYSE:LEA). Meridian Counsel holds 0.12% or 1,500 shares. State Of Alaska Department Of Revenue reported 2,664 shares.

Barr E S & Co decreased Apple Inc (NASDAQ:AAPL) stake by 1,986 shares to 59,272 valued at $9.14 million in 2017Q3. Macquarie Grp Ltd invested 0% of its portfolio in ChemoCentryx, Inc. Japan-based Sumitomo Mitsui Asset Mgmt has invested 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN). Panagora Asset Incorporated owns 266,518 shares.

In terms of performance, shares of FleetCor Technologies, Inc. Broadridge Finl Solution (NYSE:BR) was raised too. Gabelli reaffirmed a "buy" rating and set a $230.00 target price on shares of Wynn Resorts in a research report on Tuesday, January 23rd. Therefore 52% are positive. Finally, Stifel Nicolaus reiterated a "hold" rating and issued a $201.00 price objective (up previously from $153.00) on shares of Wynn Resorts in a report on Tuesday, January 23rd. On Tuesday, February 13 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". Wynn Resorts has a fifty-two week low of $98.41 and a fifty-two week high of $203.63. The rating was maintained by Telsey Advisory Group with "Market Perform" on Thursday, November 19. The rating was maintained by Jefferies with "Buy" on Thursday, March 8. Finally, Zacks Investment Research cut shares of Wynn Resorts from a "buy" rating to a "hold" rating in a report on Wednesday. Its up 0.08, from 0.84 in 2017Q2. That suggests something of the likelihood of a short squeeze in shares of WYNN. 14,677 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Tiaa Cref Ltd Liability Corp holds 0% in ChemoCentryx, Inc. Oppenheimer Asset Management reported 628 shares stake. Columbia Asset Mngmt has invested 0.22% in Wynn Resorts, Limited (NASDAQ:WYNN). Ftb Advisors invested 0% in Lear Corporation (NYSE:LEA). Horizon Kinetics Limited Com stated it has 90,206 shares or 0.39% of all its holdings. Virtu Financial Limited Liability Co has 32,971 shares for 0% of their portfolio.

TRADEMARK VIOLATION WARNING: This report was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. Wynn Resorts Ltd now has $18.49B valuation. Gamco Invsts Et Al holds 243,890 shares or 0.22% of its portfolio.

Wynn Resorts (NASDAQ:WYNN) last issued its quarterly earnings results on Monday, January 22nd. The price to earnings ratio indicates the expected price of a share based on its earnings. It also owned and operated Wynn Palace resort with a total of approximately 420,000 square feet of casino space that offers 304 table games and 996 slot machines, private gaming salons, sky casinos, and a poker pit; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; 10 food and beverage outlets; 105,000 square feet of retail space; 40,000 square feet of meeting and convention space; recreation and leisure facilities, including a gondola ride, health club, spa, salon, and pool; and public attractions, such as a performance lake and floral art displays.

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