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

Several analysts recently issued reports on the stock. Vetr raised shares of 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. Citigroup Inc. reaffirmed a “buy” rating and set a $117.00 price objective (up previously from $101.00) on shares of Wynn Resorts in a research note on Wednesday, April 13th. Nomura Holdings Inc. reaffirmed a “hold” rating on shares of Wynn Resorts in a research note on Wednesday, April 6th. Zacks Investment Research raised shares of Wynn Resorts from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Friday, May 6th. Finally, Telsey Advisory Group raised shares of Wynn Resorts from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $67.00 to $112.00 in a research note on Thursday, April 7th. Eleven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Wynn Resorts presently has an average rating of “Hold” and a consensus target price of $96.77.

The company’s 50 day moving average price is $96.05 and its 200 day moving average price is $86.59. The stock has a market cap of $10.30 billion and a P/E ratio of 32.82.

A number of large investors recently added to or reduced their stakes in the stock. Andra AP fonden increased its stake in Wynn Resorts by 137.7% in the fourth quarter. Andra AP fonden now owns 16,400 shares of the casino operator’s stock worth $1,135,000 after buying an additional 9,500 shares during the last quarter. Aberdeen Asset Management PLC UK increased its stake in 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 worth $1,330,000 after buying an additional 2,290 shares during the last quarter. Nationwide Fund Advisors increased its stake in Wynn Resorts by 1.5% in the fourth quarter. Nationwide Fund Advisors now owns 24,257 shares of the casino operator’s stock worth $1,678,000 after buying an additional 354 shares during the last quarter. Stephens Inc. AR increased its stake in Wynn Resorts by 183.0% in the fourth quarter. Stephens Inc. AR now owns 27,928 shares of the casino operator’s stock worth $1,932,000 after buying an additional 18,058 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in Wynn Resorts by 5.2% in the fourth quarter. Bank of Montreal Can now owns 31,178 shares of the casino operator’s stock worth $2,158,000 after buying an additional 1,536 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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