Macquarie Group Ltd. lifted its position in shares of Wynn Resorts, Limited (NASDAQ:WYNN) by 125.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 301,779 shares of the casino operator’s stock after purchasing an additional 167,980 shares during the quarter. Macquarie Group Ltd. owned about 0.30% of Wynn Resorts, Limited worth $40,475,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. FNY Partners Fund LP grew its holdings in shares of Wynn Resorts, Limited by 5,400.0% during the 1st quarter. FNY Partners Fund LP now owns 1,100 shares of the casino operator’s stock worth $126,000 after purchasing an additional 1,080 shares during the period. Reilly Financial Advisors LLC grew its holdings in shares of Wynn Resorts, Limited by 1,000.0% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,100 shares of the casino operator’s stock worth $148,000 after purchasing an additional 1,000 shares during the period. Financial Architects Inc grew its holdings in shares of Wynn Resorts, Limited by 4.2% during the 2nd quarter. Financial Architects Inc now owns 1,250 shares of the casino operator’s stock worth $168,000 after purchasing an additional 50 shares during the period. IFP Advisors Inc grew its holdings in shares of Wynn Resorts, Limited by 40.8% during the 2nd quarter. IFP Advisors Inc now owns 1,259 shares of the casino operator’s stock worth $169,000 after purchasing an additional 365 shares during the period. Finally, Hanseatic Management Services Inc. grew its holdings in shares of Wynn Resorts, Limited by 808.1% during the 2nd quarter. Hanseatic Management Services Inc. now owns 1,462 shares of the casino operator’s stock worth $196,000 after purchasing an additional 1,301 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

A number of brokerages have recently issued reports on WYNN. Stifel Nicolaus reiterated a “hold” rating and set a $134.00 target price (up previously from $128.00) on shares of Wynn Resorts, Limited in a report on Wednesday, July 26th. Instinet reiterated a “neutral” rating and set a $137.00 target price (up previously from $130.00) on shares of Wynn Resorts, Limited in a report on Monday, June 19th. BidaskClub cut Wynn Resorts, Limited from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Bank of America Corporation reiterated a “neutral” rating and set a $140.00 target price (up previously from $135.00) on shares of Wynn Resorts, Limited in a report on Friday, July 21st. Finally, UBS AG cut Wynn Resorts, Limited from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $134.28.

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Wynn Resorts, Limited (NASDAQ:WYNN) opened at 143.94 on Friday. The stock has a market capitalization of $14.67 billion, a PE ratio of 53.87 and a beta of 1.67. Wynn Resorts, Limited has a 1-year low of $82.51 and a 1-year high of $150.40. The stock’s 50 day moving average price is $142.34 and its 200 day moving average price is $130.52.

Wynn Resorts, Limited (NASDAQ:WYNN) last released its earnings results on Tuesday, July 25th. The casino operator reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.02. Wynn Resorts, Limited had a return on equity of 165.77% and a net margin of 5.02%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter last year, the firm posted $1.07 EPS. The company’s revenue was up 44.5% on a year-over-year basis. Equities research analysts forecast that Wynn Resorts, Limited will post $5.03 earnings per share for the current year.

In other news, Director Clark T. Jr. Randt sold 3,000 shares of Wynn Resorts, Limited stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $129.00, for a total transaction of $387,000.00. Following the sale, the director now owns 7,711 shares of the company’s stock, valued at approximately $994,719. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kimmarie Sinatra sold 21,451 shares of Wynn Resorts, Limited stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $143.62, for a total value of $3,080,792.62. Following the sale, the executive vice president now directly owns 223,443 shares in the company, valued at approximately $32,090,883.66. The disclosure for this sale can be found here. Insiders have sold a total of 67,351 shares of company stock worth $9,621,369 in the last three months. 13.20% of the stock is owned by insiders.

Wynn Resorts, Limited Company 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.

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

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