Comprehensive Stock Analysis Of Wynn Resorts Ltd. (WYNN)

Marco Green
March 14, 2018

The company's P/E (price to earnings) ratio is 48.33 and Forward P/E ratio of 20.73. The casino operator reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.07. Grand Jean Capital Management Inc who had been investing in Kkr Private Equity Inv Lp R for a number of months, seems to be bullish on the $18.67 billion market cap company. The stock increased 0.12% or $0.19 during the last trading session, reaching $153.48. The hedge fund run by William Duhamel held 7.66 million shares of the television services company at the end of 2017Q3, valued at $259.84 million, up from 7.35 million at the end of the previous reported quarter. Enbridge Inc. (NYSE:ENB) has declined 0.40% since March 13, 2017 and is downtrending. It has underperformed by 20.60% the S&P500.

Kayne Anderson Rudnick Investment Management Llc decreased its stake in Wynn Resorts Ltd (WYNN) by 38.65% based on its latest 2017Q3 regulatory filing with the SEC. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. The Manufacturers Life Insurance Company now owns 93,205 shares of the casino operator's stock valued at $15,714,000 after purchasing an additional 7,965 shares during the period. Pennsylvania-based Glenmede Trust Na has invested 0% in Wynn Resorts, Limited (NASDAQ:WYNN).

Wynn Resorts (WYNN) traded up $2.90 during mid-day trading on Monday, hitting $191.79. About 2.54M shares traded. Wynn Resorts's dividend payout ratio (DPR) is presently 27.51%. It has outperformed by 20.93% the S&P500.

Davidson Kempner Capital Management Lp decreased Arch Coal Inc stake by 301,077 shares to 698,874 valued at $50.14M in 2017Q3.

Creative Planning increased Energy Transfer Partners Lp stake by 1.22 million shares to 6.09 million valued at $111.36 million in 2017Q3. Eleven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Therefore 67% are positive. Wyndham Worldwide Corporation had 25 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, November 3. Total debt to equity ratio of the company for most recent quarter is 10.16 while Long term debt to equity ratio for same time period is 10.09. The firm has "Market Perform" rating given on Friday, August 4 by Telsey Advisory Group. As per Tuesday, March 22, the company rating was upgraded by Morgan Stanley. Roth Capital downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, February 7 to "Hold" rating.

Since February 9, 2018, it had 1 buy, and 0 sales for $10.52 million activity. Its down 0.11, from 1.08 in 2017Q2. It is positive, as 43 investors sold CXO shares while 136 reduced holdings. State Board Of Administration Of Florida Retirement Sys reported 130,274 shares or 0.05% of all its holdings. Columbus Circle Invsts owns 583,965 shares. Ohio-based Keybank Natl Association Oh has invested 0% in Concho Resources Inc. Cubist Systematic Strategies Limited Liability Corp stated it has 0.24% in Wynn Resorts, Limited (NASDAQ:WYNN). First Interstate Bank invested in 0% or 120 shares. Credit Agricole S A holds 253,175 shares. Pinnacle Ltd Liability holds 0.02% of its portfolio in KKR & Co. (NYSE:CXO) on Tuesday, January 2. Daiwa Grp owns 0% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 2,984 shares. 23,300 were reported by Secor Lp. Moreover, Carlson Capital LP has 0.65% invested in Concho Resources Inc. Davis Selected Advisers invested in 0.08% or 136,047 shares. L.P. (NYSE:KKR) for 101,616 shares. Moreover, Ckw has 0.01% invested in Concho Resources Inc. 42,900 shares valued at $6.15 million were sold by MADDOX MATT on Friday, September 15. 137.75 million shares or 1.36% more from 135.90 million shares in 2017Q2 were reported. Research has invested 0.1% in KKR & Co.

According to these analysts, the Low Revenue Estimate for Wynn Resorts 1.65 Billion and the High Revenue Estimate is 1.82 Billion. Therefore 52% are positive.

Several brokerages have issued reports on WYNN. Jefferies Group reiterated a "buy" rating and set a $200.00 price objective on shares of Wynn Resorts in a research report on Thursday. Goldman Sachs downgraded the shares of WYN in report on Thursday, October 29 to "Buy" rating. The firm has "Hold" rating by Stifel Nicolaus given on Friday, October 27.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Nomura raised shares of Wynn Resorts from a "neutral" rating to a "buy" rating and upped their price target for the stock from $175.00 to $211.00 in a research note on Wednesday, February 7th. TheStreet upgraded Wynn Resorts from a "c+" rating to a "b-" rating in a report on Tuesday, December 12th. The stock has an average rating of "Buy" and an average price target of $182.80.

Since September 15, 2017, it had 0 buys, and 2 selling transactions for $9.23 million activity. The insider Sinatra Kimmarie sold 21,451 shares worth $3.08 million.

Investors sentiment increased to 1.23 in 2017 Q3. Its down 0.51, from 1.63 in 2017Q2.

Want to see what other hedge funds are holding WYNN? 64 funds opened positions while 138 raised stakes. Thrivent For Lutherans holds 3,911 shares. Conning, Connecticut-based fund reported 3,020 shares. D E Shaw & Incorporated holds 0.08% in Wynn Resorts, Limited (NASDAQ:WYNN) or 370,647 shares. (NYSE:CXO). Old Mutual Customised Solutions (Proprietary) Limited holds 0.08% of its portfolio in Concho Resources Inc. 20,071 are owned by Federated Investors Inc Pa. Northside Capital Llc accumulated 1,500 shares. Oppenheimer Inc has 0.04% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Moors & Cabot invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). Moreover, Advantus Cap Management Inc has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 8,144 shares. Westpac Banking Corp accumulated 22,837 shares.

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