Wynn Resorts Ltd. (NASDAQ:WYNN) was up 3.3% during trading on Thursday . The company traded as high as $103.78 and last traded at $102.92, with a volume of 2,400,630 shares changing hands. The stock had previously closed at $99.59.

A number of equities research analysts have recently commented on WYNN shares. Nomura reiterated a “neutral” rating and set a $78.00 price objective (up previously from $70.00) on shares of Wynn Resorts in a research report on Tuesday, April 19th. Zacks Investment Research upgraded Wynn Resorts from a “hold” rating to a “buy” rating and set a $108.00 price objective for the company in a research report on Tuesday, April 19th. Vetr downgraded Wynn Resorts from a “buy” rating to a “hold” rating and set a $103.68 price objective for the company. in a research report on Tuesday, April 19th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wynn Resorts in a research report on Thursday, May 5th. Finally, Bank of America Corp. reiterated a “hold” rating and set a $110.00 price objective on shares of Wynn Resorts in a research report on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $96.30.

The stock has a 50 day moving average price of $95.47 and a 200 day moving average price of $89.94. The firm has a market capitalization of $10.12 billion and a PE ratio of 30.86.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings results on Thursday, July 28th. The casino operator reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.16. During the same period in the prior year, the business earned $0.74 earnings per share. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. On average, equities analysts anticipate that Wynn Resorts Ltd. will post $3.97 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 23rd. Stockholders of record on Thursday, August 11th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, August 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.01%.

Other institutional investors have recently made changes to their positions in the company. Bank of Montreal Can boosted 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 worth $2,158,000 after buying an additional 1,536 shares in the last quarter. Aberdeen Asset Management PLC UK boosted its position 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 worth $1,330,000 after buying an additional 2,290 shares in the last quarter. 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 worth $1,135,000 after buying an additional 9,500 shares in 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 worth $1,932,000 after buying an additional 18,058 shares in the last quarter. Finally, 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 worth $8,751,000 after buying an additional 3,622 shares in the last quarter.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company operates through two segments: Macau Operations and Las Vegas Operations.

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