On Jun 29, 2018 Wynn Resorts Limited (NASDAQ:WYNN) Sellers Increased Their Shorts By 6.95%

June 29, 2018 - By Noel Courtney

Wynn Resorts, Limited (NASDAQ:WYNN) Corporate Logo

Big Money Sentiment decreased to 0.9 in 2018 Q1. It has change of 0.33, from 2017Q4’s 1.23. The ratio is negative due to Wynn Resorts, Limited positioning: 75 sold and 165 reduced. 88 funds bought positions and 128 increased positions. Investors holded 71.04 million in 2017Q4 but now own 80.81 million shares or 13.75% more.
Pictet Cie (Europe) invested 0.1% in Wynn Resorts, Limited (NASDAQ:WYNN). Canada Pension Plan Investment Board owns 0.05% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 175,671 shs. Commerzbank Aktiengesellschaft Fi has 0.14% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 70,837 shs. First Personal Fincl Services has 1,182 shs. Emerald Advisers Pa stated it has 4,648 shs or 0.03% of all its holdings. 3,727 are owned by Qs Llc. Amalgamated Bancorporation stated it has 11,703 shs. Menta Cap Ltd, a California-based fund reported 8,000 shs. Ohio-based Keybank Association Oh has invested 0% in Wynn Resorts, Limited (NASDAQ:WYNN). Shellback Capital L P has invested 1.59% in Wynn Resorts, Limited (NASDAQ:WYNN). Cleararc Cap reported 0.06% stake. Enterprise Finance Service stated it has 0.15% of its capital in Wynn Resorts, Limited (NASDAQ:WYNN). Bank & Trust Of Hawaii stated it has 2,680 shs or 0.04% of all its holdings. Quantitative Systematic Strategies Limited Liability Corporation stated it has 0.07% of its capital in Wynn Resorts, Limited (NASDAQ:WYNN). Texas Yale holds 0.03% or 2,000 shs.

Wynn Resorts, Limited registered $2.15 billion net activity with 0 buys and 5 sales since March 21, 2018. WYNN STEPHEN A sold $738.90 million worth of Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, March 21. On Wednesday, May 2 MILLER ROBERT JOS also sold $1.92 million worth of Wynn Resorts, Limited (NASDAQ:WYNN).

Wynn Resorts Limited (NASDAQ:WYNN) had an increase of its short interest by 6.95%. It was published in June by FINRA the 3.77 million short interest on WYNN. The up change of 6.95% from 3.52 million shares was reported. With Average volume 2.40 million, WYNN’s former position will take 2 days to restore. Wynn Resorts Limited’s short interest float is 4.73%.

The stock increased 2.36% or $3.87 during the last trading session, hitting $167.88.Currently Wynn Resorts, Limited is uptrending after 56.07% change in last June 29, 2017. WYNN has 1.06 million shares volume. WYNN outperformed the S&P 500 by 43.50%.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts.The company has $18.23 billion market cap. 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.The P/E ratio is 39.04. It also owned and operated Wynn Palace resort with a total of approximately 420,000 square feet of casino space that offers 304 table games and 996 slot machines, private gaming salons, sky casinos, and a poker pit; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; 10 food and beverage outlets; 105,000 square feet of retail space; 40,000 square feet of meeting and convention space; recreation and leisure facilities, including a gondola ride, health club, spa, salon, and pool; and public attractions, such as a performance lake and floral art displays.

Wynn Resorts, Limited (NASDAQ:WYNN) Ratings Coverage

Total analysts of 15 have positions in Wynn Resorts (NASDAQ:WYNN) as follows: 10 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 67%. Since January 19, 2018 according to StockzIntelligence Inc Wynn Resorts has 39 analyst reports. The company rating was maintained by Morgan Stanley on Thursday, March 15. In Tuesday, January 23 report Roth Capital maintained the stock with “Buy” rating. On Wednesday, April 25 Jefferies maintained Wynn Resorts, Limited (NASDAQ:WYNN) with “Buy” rating. On Wednesday, April 25 the firm has “Hold” rating by Stifel Nicolaus given. On Friday, January 26 the stock has “Buy” rating by CFRA. On Wednesday, March 21 the company was maintained by Jefferies. The company rating was upgraded by Susquehanna on Thursday, February 8. On Wednesday, April 25 the firm has “Equal-Weight” rating given by Morgan Stanley. On Monday, January 22 the firm has “Hold” rating given by Bank of America. In Wednesday, February 7 report J.P. Morgan upgraded the stock to “Buy” rating.

For more Wynn Resorts, Limited (NASDAQ:WYNN) news announced recently go to: Finance.Yahoo.com, Seekingalpha.com, Bizjournals.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Real or Not, Trade War Fears Are Enough to Stay Away from Apple Stock” announced on June 23, 2018, “Pricing Wynn Is Very Tricky” on June 13, 2018, “Lawsuit accuses Wynn Resorts of fraud in Everett land deal” with a publish date: June 13, 2018, “Wynn Resorts’ New CEO Faces Test With $2.5 Billion Boston Project” and the last “Wynn: A Long Shot Play On Sports Betting Narrows The Gap As New Management Takes Hold” with publication date: June 14, 2018.

Wynn Resorts, Limited (NASDAQ:WYNN) Institutional Investors Chart

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