Economy

Wynn Resorts, Limited (WYNN) Shares Sold by KBC Group NV

The shares were sold at an average price of $87.12, for a total transaction of $3,267,000.00. Clal Insurance Enterprises Holdings Ltd sold 20,000 shares as Nice Ltd Sponsored Adr (NICE)'s stock rose 7.66%.

Davidson Kempner Capital Management Lp expanded its investment by buying 62,500 shares an increase of 41.7% in the quarter. Finally, IFP Advisors Inc raised its stake in shares of Wynn Resorts, Limited by 40.8% in the second quarter.

Best Buy Co., Inc. most recently reported earnings per share (EPS) of $0.69 for the July 2017 versus $0.57 in the same quarter past year, representing 21% growth. Hedge funds and other institutional investors own 70.79% of the company's stock.

WYNN has been the topic of a number of research analyst reports. Finally, Sanford C. Bernstein restated an outperform rating on shares of Wynn Resorts, Limited in a research report on Friday, December 2nd. Envestnet Asset Management Incorporated holds 0.01% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 38,263 shares. Aegis Capital upgraded the shares of WYNN in report on Tuesday, March 21 to "Buy" rating. Deutsche Bank AG upgraded Wynn Resorts, Limited from a "hold" rating to a "buy" rating and increased their price objective for the stock from $138.00 to $150.00 in a report on Tuesday, August 15th. Gabelli restated a buy rating and set a $124.00 price target on shares of Wynn Resorts, Limited in a research report on Monday, October 17th. restated an underperform rating on shares of Wynn Resorts, Limited in a research report on Friday, October 14th.

Among 8 analysts covering Black Knight Financial Services (NYSE:BKFS), 3 have Buy rating, 1 Sell and 4 Hold.

Savvy investors are constantly on the lookout when it comes to picking stocks at bargain prices.

TRADEMARK VIOLATION WARNING: This story was posted by StockNewsTimes and is owned by of StockNewsTimes. The legal version of this piece can be read at https://www.truebluetribune.com/2017/09/12/kbc-group-nv-sells-463-shares-of-wynn-resorts-limited-wynn.html. Also, Director Clark T. Jr. Sinatra Kimmarie sold $2.92 million worth of stock or 22,624 shares. The shares were sold at an average price of $99.77, for a total transaction of $4,224,561.11. Following the completion of the sale, the president now directly owns 344,895 shares of the company's stock, valued at approximately $46,336,643.25.

Capital International Ltd decreased Wynn Resorts Ltd (WYNN) stake by 2.95% reported in 2016Q4 SEC filing. On the opposite end, shares have been trading 17.56% away from the 50-day low price. Following the completion of the sale, the director now directly owns 7,711 shares of the company's stock, valued at $994,719.

Wynn Resorts, Limited (NASDAQ:WYNN) saw some unusual options trading on Thursday. 1,516,742 shares of the stock traded hands.

The company's P/E ratio is 54.05 and the market value is 14.72B. Mulroy Patricia sold $285,106 worth of Wynn Resorts, Limited (NASDAQ:WYNN) on Tuesday, May 16.

Keeping an eye on Moving Averages, the 50-day is 133.88, the 200-day is at 115.57, and the 7-day is 143.44 for Wynn Resorts Ltd (WYNN). Moreover, Nomura Asset Mngmt Co Limited has 0.02% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 11,476 shares. Next quarter's EPS is expected be $1.20 with next year's EPS anticipated to be $6.09. The firm had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.47 billion. On Friday, June 16 MADDOX MATT sold $5.95M worth of Wynn Resorts, Limited (NASDAQ:WYNN) or 44,309 shares. The business's quarterly revenue was up 44.5% compared to the same quarter past year. During the same quarter in the previous year, the firm earned $1.07 earnings per share. In the last earnings report the EPS was $2.67 and is expected to be $4.90 for the current year with 101,944,000 shares now outstanding. Additionally the company recently declared a dividend for shareholders which was paid on Tuesday May 23rd, 2017.

On a similar note, analysts expect EPS of $0.79 in October 2017 quarter and $2.01 in January 2018 quarter, representing 27.42% and 3.08% growth, respectively. The dividend yield was $1.37. Wynn Resorts, Limited's payout ratio is presently 74.91%.

Wynn Resorts, Limited (Wynn Resorts), launched on June 3, 2002, 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 Business's segments include Macau Operations and Las Vegas Operations.



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