Carl Domino boosted its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,390 shares of the casino operator’s stock after buying an additional 549 shares during the period. Carl Domino’s holdings in Wynn Resorts, Limited were worth $1,549,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in WYNN. Marcus Capital bought a new stake in shares of Wynn Resorts, Limited during the fourth quarter valued at approximately $1,726,000. Creative Planning boosted its stake in shares of Wynn Resorts, Limited by 24.0% in the fourth quarter. Creative Planning now owns 62,295 shares of the casino operator’s stock valued at $4,310,000 after buying an additional 12,072 shares in the last quarter. Janus Capital Management boosted its stake in shares of Wynn Resorts, Limited by 122.9% in the third quarter. Janus Capital Management now owns 13,372 shares of the casino operator’s stock valued at $710,000 after buying an additional 7,372 shares in the last quarter. BB&T Securities acquired a new stake in shares of Wynn Resorts, Limited during the fourth quarter valued at about $461,000. Finally, Community Trust & Investment Company boosted its stake in shares of Wynn Resorts, Limited by 54.5% in the fourth quarter. Community Trust & Investment Company now owns 7,800 shares of the casino operator’s stock valued at $540,000 after buying an additional 2,750 shares in the last quarter.

Wynn Resorts, Limited (NASDAQ:WYNN) traded down 0.36% during midday trading on Monday, reaching $67.10. 3,953,064 shares of the company were exchanged. Wynn Resorts, Limited has a 52 week low of $49.95 and a 52 week high of $160.41. The company has a market capitalization of $6.79 billion and a PE ratio of 34.97. The firm has a 50-day moving average price of $63.24 and a 200-day moving average price of $72.19.

Several brokerages have recently issued reports on WYNN. CLSA restated a “buy” rating on shares of Wynn Resorts, Limited in a research report on Saturday, January 9th. Morgan Stanley restated an “underweight” rating on shares of Wynn Resorts, Limited in a research report on Monday. Sanford C. Bernstein restated an “outperform” rating on shares of Wynn Resorts, Limited in a research report on Monday. Susquehanna decreased their target price on shares of Wynn Resorts, Limited from $67.00 to $61.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 26th. Finally, Telsey Advisory Group decreased their target price on shares of Wynn Resorts, Limited from $69.00 to $68.00 and set a “market perform” rating on the stock in a research report on Thursday, November 19th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $97.08.

In related news, CEO Stephen A. Wynn purchased 1,003,977 shares of Wynn Resorts, Limited stock in a transaction dated Tuesday, December 8th. The shares were acquired at an average cost of $63.61 per share, with a total value of $63,862,976.97. Following the purchase, the chief executive officer now owns 1,043,292 shares of the company’s stock, valued at $66,363,804.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Stephen A. Wynn purchased 572,850 shares of Wynn Resorts, Limited stock in a transaction dated Friday, January 22nd. The stock was bought at an average cost of $55.62 per share, for a total transaction of $31,861,917.00. The disclosure for this purchase can be found here.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the People’s Republic of China (NASDAQ:WYNN). Wynn Resorts also owns 100% of and operates an integrated resort in Las Vegas, Nevada. The company operates through two segments: Macau Operations, which includes Wynn Macau and Encore at Wynn Maca, and Las Vegas Operations, which includes Wynn Las Vegas and Encore at Wynn Las Vegas. Its Macau Operations features approximately 284,000 square feet of casino space with 498 table games and 625 slot machines, two hotel towers and others. Its Las Vegas Operations features approximately 186,000 square feet of casino space with 232 table games, 1,849 slot machines, two hotel towers and others.

12 Month Chart for NASDAQ:WYNN

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