Wynn Resorts Ltd. (NASDAQ:WYNN) shares were up 2.4% on Monday . The stock traded as high as $99.00 and last traded at $98.11, with a volume of 2,040,780 shares. The stock had previously closed at $95.77.

Several research analysts have weighed in on WYNN shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of Wynn Resorts in a research report on Monday, March 28th. Vetr raised Wynn Resorts from a “sell” rating to a “hold” rating and set a $93.62 target price on the stock in a research report on Monday, March 28th. JPMorgan Chase & Co. upped their target price on Wynn Resorts from $71.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 30th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a $103.00 target price (up from $78.00) on shares of Wynn Resorts in a research report on Friday, April 1st. Finally, Telsey Advisory Group raised Wynn Resorts from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $67.00 to $112.00 in a research report on Thursday, April 7th. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $96.57.

The company’s 50-day moving average is $95.95 and its 200-day moving average is $85.73. The stock has a market capitalization of $9.88 billion and a PE ratio of 31.48.

Several hedge funds and institutional investors recently made changes to their positions in the company. Nationwide Fund Advisors increased its position 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 period. Gabelli Funds LLC increased its position in shares of Wynn Resorts by 9.9% in the fourth quarter. Gabelli Funds LLC now owns 89,000 shares of the casino operator’s stock valued at $6,158,000 after buying an additional 8,000 shares during the period. Vanguard Group Inc. increased its position in shares of Wynn Resorts by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 6,922,233 shares of the casino operator’s stock valued at $478,949,000 after buying an additional 163,510 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its position in shares of Wynn Resorts by 0.6% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 427,148 shares of the casino operator’s stock valued at $29,319,000 after buying an additional 2,609 shares during the period. Finally, Bank of Montreal Can increased its position in shares of Wynn Resorts by 5.2% in the fourth quarter. Bank of Montreal Can now owns 31,178 shares of the casino operator’s stock valued at $2,158,000 after buying an additional 1,536 shares during the period.

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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