Wynn Resorts Ltd. (NASDAQ:WYNN) was down 3.7% during trading on Thursday . The company traded as low as $90.78 and last traded at $91.37, with a volume of 2,301,074 shares. The stock had previously closed at $94.88.

A number of equities research analysts recently commented on WYNN shares. Deutsche Bank AG reaffirmed a “buy” rating and set a $94.00 price objective (up from $82.00) on shares of Wynn Resorts in a research note on Friday, March 18th. Vetr raised Wynn Resorts from a “hold” rating to a “buy” rating and set a $101.35 price objective for the company in a research note on Monday, April 4th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a $103.00 price objective (up from $78.00) on shares of Wynn Resorts in a research note on Friday, April 1st. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Wynn Resorts in a research note on Thursday, March 31st. Finally, Gabelli decreased their price objective on Wynn Resorts from $103.00 to $96.00 and set a “buy” rating for the company in a research note on Tuesday, April 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $96.57.

The stock has a 50 day moving average of $96.41 and a 200-day moving average of $84.68. The company has a market cap of $9.33 billion and a price-to-earnings ratio of 29.74.

Other hedge funds have recently made changes to their positions in the company. Andra AP fonden increased its stake 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. Oregon Public Employees Retirement Fund increased its stake in shares of Wynn Resorts by 14.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 17,178 shares of the casino operator’s stock valued at $1,189,000 after buying an additional 2,200 shares during the last quarter. Aberdeen Asset Management PLC UK increased its stake in shares of Wynn Resorts by 12.2% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 21,054 shares of the casino operator’s stock valued at $1,330,000 after buying an additional 2,290 shares during the last quarter. Nationwide Fund Advisors increased its stake in shares of Wynn Resorts by 1.5% in the fourth quarter. Nationwide Fund Advisors now owns 24,257 shares of the casino operator’s stock valued at $1,678,000 after buying an additional 354 shares during the last quarter. Finally, Stephens Inc. AR increased its stake 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.

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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