Catalyst Capital Advisors LLC bought a new stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) during the fourth quarter, HoldingsChannel reports. The fund bought 5,173 shares of the casino operator’s stock, valued at approximately $622,000.
A number of other large investors have also recently bought and sold shares of WYNN. MUFG Securities EMEA plc acquired a new stake in Wynn Resorts during the 2nd quarter valued at $25,000. Hantz Financial Services Inc. grew its holdings in Wynn Resorts by 54.9% during the 4th quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock valued at $30,000 after buying an additional 89 shares during the last quarter. Cromwell Holdings LLC grew its holdings in Wynn Resorts by 68.2% during the 4th quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock valued at $31,000 after buying an additional 103 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Wynn Resorts by 69.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock valued at $32,000 after buying an additional 156 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Wynn Resorts during the 4th quarter worth $34,000. Institutional investors and hedge funds own 88.64% of the company’s stock.
Wynn Resorts Trading Down 0.3%
Shares of WYNN opened at $101.22 on Friday. The firm has a market capitalization of $10.51 billion, a P/E ratio of 30.22, a price-to-earnings-growth ratio of 0.93 and a beta of 1.01. The stock’s fifty day simple moving average is $102.12 and its 200 day simple moving average is $111.69. Wynn Resorts, Limited has a twelve month low of $82.63 and a twelve month high of $134.72.
Wynn Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, May 18th. Wynn Resorts’s dividend payout ratio (DPR) is 29.85%.
Analyst Ratings Changes
A number of research analysts have weighed in on WYNN shares. Barclays reduced their price target on Wynn Resorts from $143.00 to $139.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. UBS Group reissued a “buy” rating on shares of Wynn Resorts in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $137.00 price target on shares of Wynn Resorts in a research note on Friday, May 8th. JPMorgan Chase & Co. reduced their price target on Wynn Resorts from $140.00 to $135.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Finally, Mizuho reduced their price target on Wynn Resorts from $134.00 to $133.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $140.00.
Get Our Latest Analysis on WYNN
Wynn Resorts News Roundup
Here are the key news stories impacting Wynn Resorts this week:
- Positive Sentiment: Wynn Resorts was highlighted on CNBC’s “Final Trades” as a potential “buy the dip” idea, which may support investor sentiment and suggest some traders see value at recent levels. Wynn Resorts, Okta, ServiceTitan And More On CNBC’s ‘Final Trades’
- Neutral Sentiment: Zacks Research still expects Wynn Resorts to grow earnings over the next few years, with forecasts of $4.92 EPS for FY2027 and $5.75 EPS for FY2028, so the long-term outlook is not being abandoned despite the revisions.
- Negative Sentiment: Zacks Research cut earnings estimates across several periods, including Q3 2026, Q2 2027, Q3 2027, Q4 2027, FY2026, FY2027, and FY2028, reflecting a more cautious view on Wynn Resorts’ near- and medium-term profit outlook.
About Wynn Resorts
Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.
Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.
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