Trader Alert: Unusual Volume Spotted in Wynn Resorts, Limited (NASDAQ:WYNN)

Wynn Plans New Investment in Macau as Earnings Top Estimates

Susquehanna Llp has 0% invested in Bridgepoint Education, Inc. Proshare Advsr Limited Liability Co reported 45,918 shares. National Asset stated it has 1,587 shares or 0.04% of all its holdings. The Florida-based State Board Of Administration Of Florida Retirement has invested 0.05% in Wynn Resorts, Limited (NASDAQ:WYNN). About 87,962 shares traded. 198 were accumulated by Ftb Inc.

A number of other research firms have also recently commented on WYNN. Oakbrook Investments LLC lifted its position in Wynn Resorts by 78.3% in the fourth quarter. 29,551 are held by Royal Financial Bank Of Canada. Vanguard Grp Inc Inc holds 1.12M shares. Nationwide Fund reported 124,298 shares stake.

Wynn Resorts, Limited (NASDAQ:WYNN) stock was soaring on Monday following the release of its earnings report for the fourth quarter of 2017. Hillsdale Investment accumulated 0.14% or 177,300 shares. Cypress Capital Mgmt Ltd Limited Liability Company (Wy) owns 100 shares.

Since July 31, 2017, it had 0 insider purchases, and 3 insider sales for $9.62 million activity. Also, President Matt Maddox sold 59,260 shares of the business's stock in a transaction on Monday, November 13th. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since January 22, 2017 and is uptrending.

Shares of Wynn Resorts closed the previous trading session at 188.98 up +9.34 5.20% with 189.8000030517578 shares trading hands. The company was maintained on Sunday, October 29 by Canaccord Genuity. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.56 billion. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hedge funds and other institutional investors own 71.96% of the company's stock. The stock decreased 0.45% or $0.05 during the last trading session, reaching $11.11.

The next phase of the US$4.2 billion Wynn Palace, which opened in August 2016, will be developed on 11 acres (4.45 hectares), Chairman Steve Wynn said on a conference call. YuMe, Inc. (NYSE:YUME) has risen 17.98% since January 21, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

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COPYRIGHT VIOLATION NOTICE: "Wynn Resorts, Limited Plans Quarterly Dividend of $0.50 (WYNN)" was first reported by Week Herald and is owned by of Week Herald. During the same period in the prior year, the business posted $0.74 earnings per share. analysts forecast that Wynn Resorts will post 5.38 earnings per share for the current year.

Among 3 analysts covering Tuniu (NASDAQ:TOUR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. UBS Group reissued a "buy" rating and set a $174.00 price target (up previously from $149.00) on shares of Wynn Resorts in a research report on Friday, September 29th. Stifel Nicolaus maintained the shares of WYNN in report on Friday, July 14 with "Hold" rating.

Revenue of $1.69 billion reported by Wynn Resorts, Limited for the fourth quarter of the year was also a blessing to WYNN stock. On Thursday, November 3 the stock rating was maintained by Telsey Advisory Group with "Outperform". The company was maintained on Friday, January 19 by Susquehanna. Deutsche Bank has "Hold" rating and $13800 target. The stock now has an average rating of "Buy" and a consensus price target of $154.63. Finally, Telsey Advisory Group raised their target price on Wynn Resorts from $157.00 to $160.00 and gave the company a "market perform" rating in a research note on Friday, October 27th.

Wynn Resorts Ltd. plans to expand its newest property on Macau's Cotai Strip after the project helped the company report better-than-expected earnings last quarter. Wynn Resorts has a fifty-two week low of $90.78 and a fifty-two week high of $195.84.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts. Tiger Legatus Capital Management Llc who had been investing in Wynn Resorts Ltd for a number of months, seems to be less bullish one the $19.67B market cap company. As of February 15, 2017, the companyÂ's Wynn Macau resorts had approximately 284,000 square feet of casino space, which offered 303 table games and 957 slot machines, private gaming salons, sky casinos, and a poker pit; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; 8 food and beverage outlets; 57,000 square feet of retail space; 31,000 square feet of meeting and convention space; recreation and leisure facilities comprising 2 health clubs, spas, a salon, and a pool; and the Rotunda show. It has a 13.52 P/E ratio.

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