National Pension Service acquired a new stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 101,049 shares of the casino operator’s stock, valued at approximately $17,036,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Toronto Dominion Bank raised its position in Wynn Resorts by 26.0% during the second quarter. Toronto Dominion Bank now owns 27,068 shares of the casino operator’s stock valued at $3,629,000 after purchasing an additional 5,593 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Wynn Resorts by 28.6% during the second quarter. Public Employees Retirement System of Ohio now owns 46,525 shares of the casino operator’s stock worth $6,240,000 after buying an additional 10,335 shares in the last quarter. Gotham Asset Management LLC acquired a new position in shares of Wynn Resorts during the second quarter worth $528,000. Maverick Capital Ltd. increased its holdings in shares of Wynn Resorts by 36.9% during the second quarter. Maverick Capital Ltd. now owns 1,260,248 shares of the casino operator’s stock worth $169,024,000 after buying an additional 339,550 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of Wynn Resorts by 84.3% during the third quarter. Cubist Systematic Strategies LLC now owns 28,371 shares of the casino operator’s stock worth $4,225,000 after buying an additional 12,981 shares in the last quarter. Institutional investors and hedge funds own 71.96% of the company’s stock.

Shares of Wynn Resorts, Limited (NASDAQ WYNN) opened at $179.64 on Monday. The firm has a market capitalization of $18,460.00, a price-to-earnings ratio of 49.76 and a beta of 1.73. Wynn Resorts, Limited has a 1-year low of $90.78 and a 1-year high of $179.86. The company has a quick ratio of 1.68, a current ratio of 1.72 and a debt-to-equity ratio of 24.54.

Wynn Resorts (NASDAQ:WYNN) last posted its quarterly earnings data on Thursday, October 26th. The casino operator reported $1.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.24. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.56 billion. Wynn Resorts had a return on equity of 132.96% and a net margin of 6.24%. Wynn Resorts’s quarterly revenue was up 45.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.74 earnings per share. equities analysts anticipate that Wynn Resorts, Limited will post 5.38 EPS for the current fiscal year.

Several brokerages have recently issued reports on WYNN. UBS Group reiterated a “buy” rating and set a $174.00 price target (up from $149.00) on shares of Wynn Resorts in a report on Friday, September 29th. Deutsche Bank set a $161.00 price target on shares of Wynn Resorts and gave the stock a “buy” rating in a report on Monday, October 16th. Telsey Advisory Group reiterated a “market perform” rating and set a $157.00 price target (up from $150.00) on shares of Wynn Resorts in a report on Monday, October 2nd. Jefferies Group began coverage on shares of Wynn Resorts in a report on Thursday. They set a “buy” rating and a $202.00 price target for the company. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $134.00 price target on shares of Wynn Resorts in a report on Thursday, October 12th. Eleven research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $154.63.

In other Wynn Resorts news, President Matt Maddox sold 59,260 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $155.12, for a total transaction of $9,192,411.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Kimmarie Sinatra sold 20,795 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $152.03, for a total transaction of $3,161,463.85. Following the sale, the executive vice president now directly owns 226,992 shares in the company, valued at approximately $34,509,593.76. The disclosure for this sale can be found here. Insiders sold 95,055 shares of company stock valued at $14,629,975 over the last 90 days. 13.20% of the stock is currently owned by company insiders.

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Wynn Resorts Profile

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company’s segments include Macau Operations and Las Vegas Operations.

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

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