Wynn Resorts' (WYNN) "Hold" Rating Reaffirmed at Morgan Stanley

Steve and Elaine Wynn on Wednesday

It has a 105.74 P/E ratio.

Any actions Mr. Wynn or the other Reporting Persons might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Mr. Wynn's review of numerous factors, including, but not limited to: an ongoing evaluation of the Company's business, financial condition, operations and prospects; price levels of the Common Stock; general market, industry and economic conditions; regulatory considerations; the relative attractiveness of alternative business and investment opportunities; and other future developments.

WYNN has been the topic of a number of recent research reports.

Former gambling mogul Steve Wynn and his ex-wife Elaine settled a six-year-long dispute over who controls their shares in the casino company they once ran, freeing both to sell the stock. The Melvin Capital Management Lp holds 300,000 shares with $44.68M value, up from 213,300 last quarter.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 9.05% and standing 8.35% away from 50-Day Simple Moving Average while traded 23.37% away from 200-Day Simple Moving Average. The stock increased 0.71% or $1.13 during the last trading session, reaching $161.46. About 2.54M shares traded.

Wynn Resorts, Limited (NASDAQ:WYNN) yearly performance is 90.82% and net profit margin is 11.80%. It has outperformed by 3.95% the S&P500. Eleven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Therefore 57% are positive. Barclays boosted their price target on shares of Wynn Resorts to $180.00 and gave the stock an overweight rating in a report on Thursday, December 14th. The rating was upgraded by UBS to "Buy" on Monday, March 7. Goldman Sachs Group has 0.04% invested in Wynn Resorts, Limited (NASDAQ:WYNN). The firm has "Hold" rating by Stifel Nicolaus given on Friday, October 27. The company presently has a consensus rating of Buy and an average target price of $185.80. The firm earned "Positive" rating on Thursday, February 8 by Susquehanna.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 15 have Buy rating, 1 Sell and 13 Hold. The stock has "Buy" rating by UBS on Friday, July 8. Roth Capital downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, February 7 to "Hold" rating. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.08%.

Several institutional investors and hedge funds have recently bought and sold shares of the company.

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Investors sentiment decreased to 1.12 in 2017 Q3. Its up 0.11, from 1.12 in 2017Q2. It improved, as 33 investors sold WYNN shares while 148 reduced holdings. 30 funds opened positions while 53 raised stakes. Moreover, Andra Ap has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN). State Board Of Administration Of Florida Retirement System has invested 0.05% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Stifel Nicolaus maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Friday, October 27 with "Hold" rating. Fishman Jay A Ltd Mi holds 12,600 shares. Conning, Connecticut-based fund reported 3,020 shares. Great West Life Assurance Communication Can invested 0% in J. C. Penney Company, Inc. Moors & Cabot invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). Millennium Ltd Company holds 203,073 shares or 0.02% of its portfolio. Credit Agricole S A holds 253,175 shares.

Oz Management Lp decreased Jd Com Inc (NASDAQ:JD) stake by 1.85 million shares to 7.83 million valued at $299.08 million in 2017Q3. 137.75 million shares or 1.36% more from 135.90 million shares in 2017Q2 were reported. Deutsche Bancorporation Ag reported 0.03% stake. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 0.30% from last close price of 18.94 and act as support or resistance of price limit. Barclays Public Limited Com owns 115,162 shares or 0.02% of their U.S. portfolio. Lenox Wealth Management Inc owns 80,109 shares or 0.1% of their United States portfolio.

Creative Planning increased Energy Transfer Partners Lp stake by 1.22 million shares to 6.09 million valued at $111.36 million in 2017Q3.

Since February 9, 2018, it had 1 buy, and 0 sales for $10.52 million activity. Moreover, Carlson Capital LP has 0.65% invested in Concho Resources Inc.

Analysts suggested mean rating of 2.60, according to Finviz. The lowest target is $25.0 while the high is $40.0. (NYSE:HST) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Telsey Advisory Group maintained J. C. Penney Company, Inc. (NYSE:ZAYO) on Friday, January 13 with "Buy" rating. Citigroup maintained the stock with "Neutral" rating in Tuesday, October 3 report. Performance metrics are typically present in a strategy performance report, a compilation of data based on different mathematical aspects of a system's performance.

Analysts await Huntington Bancshares Incorporated (NASDAQ:HBAN) to report earnings on April, 18. (NYSE:JCP). Pomelo Lc reported 2.92 million shares. During the same period in the previous year, the company earned $0.50 earnings per share. The casino operator reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.07. Its down 0.37, from 1.19 in 2017Q2.

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