The question comes as Wynn Resorts is being rocked by the resignation of Steve Wynn, its chairman and CEO, after allegations that first surfaced in a newspaper report that sent the casino and resorts company's stock tumbling. The company has a market cap of $16,780.00, a PE ratio of 22.86 and a beta of 1.59. The stock decreased 1.81% or $3.06 during the last trading session, reaching $166.22. 5,336,269 shares of the company traded hands, compared to its average volume of 5,830,000. Wynn Resorts has a 12-month low of $92.67 and a 12-month high of $203.63. It has outperformed by 20.93% the S&P500.
University Of Notre Dame Du Lac decreased its stake in Ally Finl Inc (ALLY) by 5.5% based on its latest 2017Q3 regulatory filing with the SEC. Sunbelt Securities Inc. now owns 2,050 shares of the casino operator's stock worth $275,000 after buying an additional 8 shares during the period.
Other institutional investors also recently modified their holdings of the company. Priceline Grp Inc now has $86.08B valuation. The stock decreased 1.78% or $1.3 during the last trading session, reaching $71.64. It has outperformed by 14.18% the S&P500. Eleven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. (NYSE:POST) rating on Wednesday, November 25. The rating was upgraded by Wedbush on Thursday, July 13 to "Neutral". The company was maintained on Friday, March 18 by Deutsche Bank. Buckingham Research downgraded PulteGroup, Inc. (NYSE:GMED) for 100,102 shares. The stock of Post Holdings, Inc. (NYSE:PHM) earned "Buy" rating by Bank of America on Tuesday, June 27.
The company's stock price has fallen 17 percent since January 26, when the Wall Street Journal reported the sex allegations that led to Wynn's departure. RBC Capital Markets maintained the shares of PHM in report on Sunday, August 20 with "Buy" rating.
Investors sentiment decreased to 0.76 in 2017 Q3. Its down 0.19, from 1.57 in 2017Q2. 42 funds opened positions while 77 raised stakes. Raymond James Tru Na reported 680 shares stake. Livforsakringsbolaget Skandia Omsesidigt reported 0.06% stake. Old Mutual Customised Solutions (Proprietary) holds 0.05% or 2,400 shares. Scotia Inc has 21,910 shares for 0.05% of their portfolio. Nomura Asset Mgmt Com invested 0.41% of its portfolio in The Priceline Group Inc. (NYSE:PHM). Wealthtrust has 0.02% invested in PulteGroup, Inc. Schwab Charles reported 0.01% of its portfolio in Globus Medical, Inc. Us Bancorporation De has 0% invested in Leucadia National Corporation (NYSE:LUK) for 30,593 shares. (NASDAQ:PCLN). Beech Hill Advsrs, New York-based fund reported 213 shares. Wcm Invest Mngmt Ca invested in 3,000 shares. (NYSE:PHM). 49,103 were reported by Mirador Prtn Ltd Partnership. Parametric Port Assoc Ltd Liability Co owns 0% invested in Globus Medical, Inc. The shares were sold at an average price of $155.12, for a total value of $9,192,411.20.
Since September 15, 2017, it had 0 insider purchases, and 2 insider sales for $9.23 million activity. Wynn Resorts Ltd now has $17.08B valuation. Sun Life Financial INC raised its position in Wynn Resorts by 30,080.0% during the second quarter. Zacks Investment Research lowered shares of Wynn Resorts from a "buy" rating to a "hold" rating in a research report on Saturday. Therefore 52% are positive. Finally, Deutsche Bank reaffirmed a "buy" rating and set a $167.00 price objective on shares of Wynn Resorts in a research report on Tuesday, November 21st. Brean Capital maintained Wynn Resorts, Limited (NASDAQ:WYNN) rating on Friday, July 31. The firm has "Outperform" rating by Wells Fargo given on Wednesday, October 4. The rating was maintained by Pivotal Research on Friday, May 6 with "Buy". The firm earned "Overweight" rating on Wednesday, February 7 by JP Morgan. The stock has "Hold" rating by Stifel Nicolaus on Friday, July 14. On Friday, September 15 the insider MADDOX MATT sold $6.15M.
Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.51, from 1.63 in 2017Q2. It worsened, as 33 investors sold WYNN shares while 148 reduced holdings. White Pine Llc accumulated 10,045 shares.
The heart of the fight was an agreement between Steve Wynn, Elaine Wynn and Japanese businessman Kazuo Okada, a Wynn Resorts co-founder, that gave Steve control over the group's shares.
Bank of Montreal Can raised its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 10.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Wealthtrust holds 185 shares or 0.01% of its portfolio. Financial Bank Of Nova Scotia owns 13,939 shares. (NYSE:GMED) or 1.06M shares. Legal And General Group Public Limited Company has 379,123 shares.
Elaine Wynn initially sued her ex-husband to break the agreement and sell some of her shares after Okada was removed from the board and his stake seized in 2012. Victory Cap Mgmt has 0.16% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 470,694 shares. Moreover, Kentucky Retirement Systems Fund has 0.06% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 2,111 shares. Reilly Finance Advisors Limited Company invested 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN).
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