Wynn Resorts Ltd. (NASDAQ:WYNN)’s share price traded up 6.4% during trading on Monday . The company traded as high as $95.59 and last traded at $95.46, with a volume of 2,453,356 shares changing hands. The stock had previously closed at $89.75.

A number of equities analysts have commented on the company. Vetr raised Wynn Resorts from a “hold” rating to a “buy” rating and set a $101.35 target price for the company in a report on Monday, April 4th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $94.00 price target (up previously from $82.00) on shares of Wynn Resorts in a report on Friday, March 18th. Citigroup Inc. reaffirmed a “buy” rating and issued a $117.00 price target (up previously from $101.00) on shares of Wynn Resorts in a report on Wednesday, April 13th. Nomura Holdings Inc. reaffirmed a “hold” rating on shares of Wynn Resorts in a report on Wednesday, April 6th. Finally, Zacks Investment Research upgraded Wynn Resorts from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Friday, May 6th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. Wynn Resorts has an average rating of “Buy” and an average target price of $96.95.

The firm has a market cap of $9.54 billion and a P/E ratio of 30.41. The firm’s 50 day moving average price is $96.06 and its 200 day moving average price is $84.10.

Several institutional investors recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Wynn Resorts by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 126,494 shares of the casino operator’s stock valued at $8,751,000 after buying an additional 3,622 shares during the last quarter. Stephens Inc. AR boosted its position in shares of Wynn Resorts by 183.0% in the fourth quarter. Stephens Inc. AR now owns 27,928 shares of the casino operator’s stock valued at $1,932,000 after buying an additional 18,058 shares during the last quarter. Northern Cross LLC boosted its position in shares of Wynn Resorts by 51.1% in the fourth quarter. Northern Cross LLC now owns 13,989,382 shares of the casino operator’s stock valued at $967,925,000 after buying an additional 4,732,996 shares during the last quarter. Schaller Investment Group Inc. bought a new position in shares of Wynn Resorts during the fourth quarter valued at approximately $8,146,000. Finally, Andra AP fonden boosted its position in shares of Wynn Resorts by 137.7% in the fourth quarter. Andra AP fonden now owns 16,400 shares of the casino operator’s stock valued at $1,135,000 after buying an additional 9,500 shares during the last quarter.

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 (Macau).

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