Casino CEO Steve Wynn Speaks out Following Las Vegas Shooting

BlackRock Inc. now owns 4,945,920 shares of the casino operator's stock valued at $566,852,000 after buying an additional 4,850,373 shares in the last quarter.

Several large investors have recently added to or reduced their stakes in the company. This works out to an increase of 46.90% compared to last year's earnings. BDX's institutional ownership was registered as 90.30% while insider ownership was 0.10%.

ILLEGAL ACTIVITY NOTICE: "361 Capital LLC Buys Shares of 54,160 Wynn Resorts, Limited (WYNN)" was originally reported by StockNewsTimes and is the property of of StockNewsTimes. Telsey Advisory Group restated an "outperform" rating and issued a $145.00 price target (up previously from $110.00) on shares of Wynn Resorts, Limited in a research report on Wednesday, April 26th.

On August 15, 2017 the stock rating was rated "Buy" in a report from Deutsche Bank which was a boost from the previous "Hold" rating. Finally, Morgan Stanley restated an "overweight" rating on shares of Wynn Resorts, Limited in a research report on Thursday, January 19th. The average investment rating for WYNN on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.82 or a Hold. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $139.91.

WARNING: This article was originally posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another site, it was illegally copied and republished in violation of global copyright law. Wallace asked Wynn if his security teams had much of a profile on him, and if anything should have raised a red flag. Aegis Capital upgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Tuesday, March 21 to "Buy" rating.

The P/E ratio is now 53.66 and market cap is 14.62B. The stock was trading at a distance of -4.67% from its 52-week highs and stands 73.76% away from its 52-week lows. It is trading at $143.37 which is just over $142.58, the 50 day moving average and marginally over the 200 day moving average of $131.01.

Wynn Resorts, Limited (NASDAQ:WYNN) last announced its earnings results on Tuesday, July 25th. Next quarter's EPS is forecasted to be $1.30 with next year's EPS anticipated to be $6.22. Wynn Resorts, Limited had a return on equity of 165.77% and a net margin of 5.02%. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.47 billion. In the past, Wynn has even talked about a $25 fee to enter the development, which could be worth hundreds of millions in revenue each year. Advisors Asset Management Inc sold 12,903 shares as Wynn Resorts Ltd (WYNN)'s stock rose 26.92%.

In other news, Director Clark T. Jr.

Given the limited number of growth opportunities in gaming today, I think Wynn Resorts is easily the best growth stock. The stock was sold at an average price of $129.00, for a total transaction of $387,000.00. The company has market cap of $3.47 billion. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. "And yet he prepared over an extended period of time, a totally irrational act", Wynn said. The shares were sold at an average price of $143.62, for a total value of $3,080,792.62. Following the transaction, the executive vice president now owns 223,443 shares of the company's stock, valued at $32,090,883.66. The disclosure for this sale can be found here.

Wynn Resorts, Limited (Wynn Resorts) 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.

"He's been staying in Las Vegas since '06", he said.

Like this


10 October 2017
Sun Life Financial Inc. (SLF) Shares Bought by Advisor Group Inc
Commerzbank Aktiengesellschaft FI's holdings in Sun Life Financial were worth $757,000 at the end of the most recent quarter. The stock of Sun Life Financial Inc (NYSE:SLF) has "Outperform" rating given on Friday, September 11 by RBC Capital Markets.

10 October 2017
Analysts See $-2.00 EPS for Tesla Inc (TSLA)
The insider Musk Kimbal sold $1.61 million. $150,726 worth of Tesla Inc (NASDAQ: TSLA ) was sold by FIELD JOHN DOUGLAS . At the close of regular trading, its last week's stock price volatility was 0.93% which for the month reaches 0.69%.

10 October 2017
Royal Caribbean Cruises Ltd. (RCL) Stake Decreased by Voya Investment Management LLC
The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. The stock had a trading volume of 983,794 shares. ( RCL ) traded up 0.596% during midday trading on Monday, reaching $124.125.

10 October 2017
Korea's economic growth outlook to 3 pct this year
Emerging and developing countries are forecast to grow at a more robust 4.6 percent, unchanged from July's prediction. Those with budget surpluses should spend on education and infrastructure.

10 October 2017
Liverpool midfielder Emre Can flattered by Juventus interest
Manchester United are reportedly considering a shock move for German midfielder Emre Can from Premier League rivals Liverpool . And the 23-year-old has done little to allay Liverpool's fears by admitting he was left flattered by Juventus' approach.

10 October 2017
Managing migration better can boost growth in Asean
The Asean Economic Community has taken steps to ease such movements, like standardising qualifications, the bank noted. To date, he said the Philippines "seems to deny that [the Philippines is] actually exporting labor".

10 October 2017
Confirmed: Rajinikanth-Akshay Kumar's 2.0 teaser to be out on November 22
His much awaited film, 2.0, which is a sequel to the 2010 release Enthiran, has fans beyond excited and why not! According to reports, the teaser will be launched at a grand event in Hyderabad on November 22.

10 October 2017
Active Volume Stock: Annaly Capital Management, Inc. (NLY)
Alliancebernstein LP has 896,898 shares for 0.01% of their portfolio. 41,700 are owned by San Francisco Sentry Inv Grp Inc (Ca). The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $13.14B.

10 October 2017
UN slaps global port ban on ships for N. Korea sanctions violations
Those goods are estimated to be worth over $1 billion — about one-third of the country's estimated $3 billion in exports in 2016. Griffiths did not disclose what the ships are suspected of carrying, but confirmed they were carrying "prohibited items".

10 October 2017
Three Girls' Generation members to 'leave agency'
However, SM Entertainment remains optimistic and denied that Girls' Generation will disband. It said: "The girls have thought a lot about resigning the contracts ".