Gotham Asset Administration LLC Invests $528,000 in Wynn Resorts, Restricted (NASDAQ:WYNN) Inventory

Wynn Resorts, Limited logoGotham Asset Administration LLC acquired a brand new stake in shares of Wynn Resorts, Restricted (NASDAQ:WYNN) in the course of the 2nd quarter, in response to the corporate in its most up-to-date submitting with the Securities and Alternate Fee (SEC). The agency acquired three,934 shares of the on line casino operator’s inventory, valued at roughly $528,000.

Different institutional traders additionally not too long ago added to or decreased their stakes within the firm. JPMorgan Chase & Co. elevated its place in Wynn Resorts, Restricted by 128.1% within the second quarter. JPMorgan Chase & Co. now owns 819,zero07 shares of the on line casino operator’s inventory value $109,845,000 after buying an extra 459,916 shares over the past quarter. FMR LLC elevated its place in Wynn Resorts, Restricted by 294.1% within the second quarter. FMR LLC now owns 409,967 shares of the on line casino operator’s inventory value $54,985,000 after buying an extra 305,945 shares over the past quarter. Capital Progress Administration LP purchased a brand new stake in Wynn Resorts, Restricted within the second quarter value $36,212,000. Vanguard Group Inc. elevated its place in Wynn Resorts, Restricted by three.1% within the second quarter. Vanguard Group Inc. now owns eight,264,810 shares of the on line casino operator’s inventory value $1,108,476,000 after buying an extra 246,476 shares over the past quarter. Lastly, Academics Advisors LLC elevated its place in Wynn Resorts, Restricted by 190.5% within the first quarter. Academics Advisors LLC now owns 258,155 shares of the on line casino operator’s inventory value $29,587,000 after buying an extra 169,283 shares over the past quarter. Hedge funds and different institutional traders personal 70.86% of the corporate’s inventory.

Wynn Resorts, Restricted (WYNN) traded down 1.51% throughout mid-day buying and selling on Friday, reaching $143.15. three,038,145 shares of the corporate have been exchanged. Wynn Resorts, Restricted has a 1-year low of $82.51 and a 1-year excessive of $150.40. The inventory has a market capitalization of $14.59 billion, a price-to-earnings ratio of 53.57 and a beta of 1.67. The inventory’s 50-day transferring common worth is $144.85 and its 200-day transferring common worth is $133.65.

Wynn Resorts, Restricted (NASDAQ:WYNN) final launched its earnings outcomes on Thursday, October 26th. The on line casino operator reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.28 by $zero.24. The corporate had income of $1.61 billion in the course of the quarter, in comparison with the consensus estimate of $1.56 billion. Wynn Resorts, Restricted had a return on fairness of 140.73% and a internet margin of 6.24%. Wynn Resorts, Restricted’s income was up 45.three% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the corporate posted $zero.74 EPS. On common, equities badysis badysts anticipate that Wynn Resorts, Restricted will publish $5.07 EPS for the present fiscal yr.

The corporate additionally not too long ago introduced a quarterly dividend, which might be paid on Tuesday, November 28th. Shareholders of file on Thursday, November 16th might be given a $zero.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Wednesday, November 15th. Wynn Resorts, Restricted’s dividend payout ratio is at present 55.25%.

In different Wynn Resorts, Restricted information, Director Clark T. Jr. Randt offered three,000 shares of Wynn Resorts, Restricted inventory in a transaction dated Monday, July 31st. The inventory was offered at a mean worth of $129.00, for a complete worth of $387,000.00. Following the completion of the transaction, the director now immediately owns 7,711 shares of the corporate’s inventory, valued at roughly $994,719. The transaction was disclosed in a submitting with the SEC, which is accessible by means of this hyperlink. Additionally, EVP Kimmarie Sinatra offered 21,451 shares of Wynn Resorts, Restricted inventory in a transaction dated Friday, September 15th. The shares have been offered at a mean worth of $143.62, for a complete worth of $three,zero80,792.62. Following the completion of the transaction, the manager vp now immediately owns 223,443 shares of the corporate’s inventory, valued at $32,090,883.66. The disclosure for this sale might be discovered right here. During the last ninety days, insiders offered 67,351 shares of firm inventory valued at $9,621,369. 13.20% of the inventory is at present owned by company insiders.

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WYNN has been the subject of a number of badysis reviews. Vetr lower shares of Wynn Resorts, Restricted from a “purchase” score to a “maintain” score and set a $140.28 worth goal on the inventory. in a badysis report on Monday, July 10th. Morgan Stanley boosted their worth goal on shares of Wynn Resorts, Restricted from $151.00 to $158.00 and gave the inventory an “chubby” score in a badysis report on Friday, October 13th. Sanford C. Bernstein restated an “outperform” score on shares of Wynn Resorts, Restricted in a badysis report on Wednesday, July 12th. Deutsche Financial institution AG set a $161.00 worth goal on shares of Wynn Resorts, Restricted and gave the inventory a “purchase” score in a badysis report on Monday, October 16th. Lastly, UBS AG restated a “purchase” score and issued a $174.00 worth goal (up beforehand from $149.00) on shares of Wynn Resorts, Restricted in a badysis report on Friday, September 29th. Twelve badysts have rated the inventory with a maintain score, eleven have badigned a purchase score and one has badigned a robust purchase score to the corporate’s inventory. Wynn Resorts, Restricted at present has a consensus score of “Purchase” and a consensus goal worth of $140.76.

Wynn Resorts, Restricted Profile

Wynn Resorts, Restricted (Wynn Resorts) is a developer, proprietor and operator of vacation spot on line casino resorts that combine lodging and a spread of facilities, together with eating shops, retail choices, leisure theaters and badembly complexes. The Firm’s segments embody Macau Operations and Las Vegas Operations.

Institutional Ownership by Quarter for Wynn Resorts, Limited (NASDAQ:WYNN)

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