Catalyst Capital Advisors LLC Acquires Shares of 5,173 Wynn Resorts, Limited $WYNN

Catalyst Capital Advisors LLC acquired a new stake in shares of Wynn Resorts, Limited (NASDAQ:WYNN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,173 shares of the casino operator’s stock, valued at approximately $622,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WYNN. Palidye Holdings Caymans Ltd purchased a new stake in Wynn Resorts during the 2nd quarter valued at approximately $104,629,000. Norges Bank purchased a new position in shares of Wynn Resorts during the 4th quarter worth approximately $122,696,000. Zurich Insurance Group Ltd FI purchased a new position in shares of Wynn Resorts during the 3rd quarter worth approximately $110,213,000. Westfield Capital Management Co. LP purchased a new position in shares of Wynn Resorts during the 3rd quarter worth approximately $73,588,000. Finally, Barclays PLC raised its stake in shares of Wynn Resorts by 121.3% during the 3rd quarter. Barclays PLC now owns 506,945 shares of the casino operator’s stock worth $65,026,000 after buying an additional 277,917 shares in the last quarter. 88.64% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Wynn Resorts

Here are the key news stories impacting Wynn Resorts this week:

• Positive Sentiment: Wynn Resorts was highlighted on CNBC’s “Final Trades” as a potential “buy the dip” idea, which may support investor sentiment and suggest some traders see value at recent levels. Wynn Resorts, Okta, ServiceTitan And More On CNBC’s ‘Final Trades’
• Neutral Sentiment: Zacks Research still expects Wynn Resorts to grow earnings over the next few years, with forecasts of $4.92 EPS for FY2027 and $5.75 EPS for FY2028, so the long-term outlook is not being abandoned despite the revisions.
• Negative Sentiment: Zacks Research cut earnings estimates across several periods, including Q3 2026, Q2 2027, Q3 2027, Q4 2027, FY2026, FY2027, and FY2028, reflecting a more cautious view on Wynn Resorts’ near- and medium-term profit outlook.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WYNN. Susquehanna cut their target price on Wynn Resorts from $133.00 to $127.00 and set a “positive” rating for the company in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $137.00 target price on shares of Wynn Resorts in a research note on Friday, May 8th. Jefferies Financial Group cut their target price on Wynn Resorts from $161.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, April 6th. UBS Group reissued a “buy” rating on shares of Wynn Resorts in a research note on Monday, February 23rd. Finally, Citigroup cut their target price on Wynn Resorts from $145.00 to $132.00 and set a “buy” rating for the company in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $140.00.

Wynn Resorts Price Performance

WYNN opened at $101.22 on Friday. The stock has a market cap of $10.51 billion, a P/E ratio of 30.22, a P/E/G ratio of 0.93 and a beta of 1.01. The stock’s 50 day simple moving average is $102.12 and its 200 day simple moving average is $111.69. Wynn Resorts, Limited has a 1-year low of $82.63 and a 1-year high of $134.72.

Wynn Resorts (NASDAQ:WYNN) last released its quarterly earnings results on Thursday, May 7th. The casino operator reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.07. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Wynn Resorts had a negative return on equity of 42.03% and a net margin of 5.14%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 EPS. Research analysts expect that Wynn Resorts, Limited will post 4.68 EPS for the current fiscal year.

Wynn Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, May 18th. Wynn Resorts’s dividend payout ratio is 29.85%.

About Wynn Resorts

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.