Sunday 1 July 2018

Capital Impact Advisors Trimmed Stake in Wynn Resorts LTD (WYNN) by $666,666; Speece Thorson Capital Group Stake in Leggett & Platt (LEG) Has Cut by $1.10 Million

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Capital Impact Advisors Llc decreased its stake in Wynn Resorts Ltd (WYNN) by 24.33% based on its latest 2018Q1 regulatory filing with the SEC. Capital Impact Advisors Llc sold 3,663 shares as the company’s stock rose 14.92% while stock markets declined. The institutional investor held 11,394 shares of the consumer services company at the end of 2018Q1, valued at $2.08 million, down from 15,057 at the end of the previous reported quarter. Capital Impact Advisors Llc who had been investing in Wynn Resorts Ltd for a number of months, seems to be less bullish one the $18.10 billion market cap company. The stock increased 1.60% or $2.625 during the last trading session, reaching $166.635. About 704,685 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 56.07% since June 29, 2017 and is uptrending. It has outperformed by 43.50% the S&P500. Some Historical WYNN News: 19/04/2018 – WYNN RESORTS SAYS TOO LATE TO REOPEN BOARD NOMINATION PROCESS; 11/05/2018 – CNBC Now: Exclusive: $WYNN’s largest shareholder, Elaine Wynn, fires back at the company’s chairman, accusing him of sharing…; 14/05/2018 – Elaine P. Wynn Urges Shareholders to Vote WITHHOLD on Wynn Resorts Legacy Director John J. Hagenbuch at Upcoming Annual Meeting; 09/04/2018 – Wynn Resorts: Corrine Clement Named VP of New Culture and Community Department; 04/05/2018 – WYNN: GLASS LEWIS FAILED TO ACKNOWLEDGE HAGENBUCH CONTRIBUTIONS; 09/05/2018 – ELAINE WYNN SAYS PROXY FIRMS SUPPORT HAGENBUCH WITHHOLD VOTES; 23/04/2018 – WYNN RESORTS: BOARD WORKING TO REFRESH COMPOSITION; 12/04/2018 – Talks Are Over Wynn Boston Harbor Property Scheduled to Open in 2019; 16/05/2018 – WYNN DIRECTOR MULROY SPEAKS AT ANNUAL MEETING IN LAS VEGAS; 23/03/2018 – WYNN MACAU DECLARES SPECIAL DIV HK$0.75/SHR

Speece Thorson Capital Group Inc decreased its stake in Leggett & Platt Inc (LEG) by 5.37% based on its latest 2018Q1 regulatory filing with the SEC. Speece Thorson Capital Group Inc sold 23,476 shares as the company’s stock declined 6.07% with the market. The hedge fund held 413,628 shares of the consumer durables company at the end of 2018Q1, valued at $19.74M, down from 437,104 at the end of the previous reported quarter. Speece Thorson Capital Group Inc who had been investing in Leggett & Platt Inc for a number of months, seems to be less bullish one the $5.90 billion market cap company. The stock increased 1.32% or $0.58 during the last trading session, reaching $44.94. About 179,355 shares traded. Leggett & Platt, Incorporated (NYSE:LEG) has declined 20.13% since June 29, 2017 and is downtrending. It has underperformed by 32.70% the S&P500. Some Historical LEG News: 26/04/2018 – LEGGETT & PLATT SEES FY EPS $2.60 TO $2.60, EST. $2.76; 26/04/2018 – LEGGETT & PLATT INC – RAW MATERIAL-RELATED PRICE INCREASES AND CURRENCY IMPACT SHOULD ALSO CONTRIBUTE TO SALES GROWTH IN 2018; 26/04/2018 – Leggett & Platt Cuts 2018 View To EPS $2.60-EPS $2.80; 26/04/2018 – LEGGETT & PLATT 1Q ADJ EPS CONT OPS 57C, EST. 59C; 26/04/2018 – Leggett & Platt Raises 2018 View To Sales $4.3B-$4.4B; 15/05/2018 – Leggett & Platt Raises Dividend to 38c; 26/04/2018 – Leggett & Platt Had Seen 2018 Sales $4.2B-$4.3B

Capital Impact Advisors Llc, which manages about $127.23 million and $243.20 million US Long portfolio, upped its stake in Euronet Worldwide Inc (NASDAQ:EEFT) by 3,939 shares to 15,795 shares, valued at $1.25M in 2018Q1, according to the filing. It also increased its holding in Netflix Inc (NASDAQ:NFLX) by 3,127 shares in the quarter, for a total of 16,548 shares, and has risen its stake in Cogent Communications Hldgs (NASDAQ:CCOI).

Since March 21, 2018, it had 0 buys, and 5 sales for $2.15 billion activity. $1.92M worth of Wynn Resorts, Limited (NASDAQ:WYNN) shares were sold by MILLER ROBERT JOS. WYNN STEPHEN A also sold $1.40B worth of Wynn Resorts, Limited (NASDAQ:WYNN) shares.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 17 have Buy rating, 1 Sell and 11 Hold. Therefore 59% are positive. Wynn Resorts had 101 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, March 18 by Deutsche Bank. As per Thursday, March 8, the company rating was maintained by Susquehanna. The firm has “Hold” rating given on Tuesday, January 23 by Stifel Nicolaus. The firm earned “Equal-Weight” rating on Friday, October 27 by Barclays Capital. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Buy” rating given on Wednesday, February 7 by Nomura. Telsey Advisory Group maintained it with “Outperform” rating and $110 target in Friday, January 27 report. Vetr downgraded Wynn Resorts, Limited (NASDAQ:WYNN) rating on Thursday, September 17. Vetr has “Hold” rating and $76.65 target. On Tuesday, March 21 the stock rating was upgraded by Aegis Capital to “Buy”. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Overweight” rating by JP Morgan on Wednesday, March 30. The firm has “Buy” rating by Goldman Sachs given on Friday, February 3.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on July, 24. They expect $2.05 EPS, up 73.73% or $0.87 from last year’s $1.18 per share. WYNN’s profit will be $222.61M for 20.32 P/E if the $2.05 EPS becomes a reality. After $2.30 actual EPS reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.33, from 1.23 in 2017Q4. It dived, as 75 investors sold WYNN shares while 165 reduced holdings. 88 funds opened positions while 128 raised stakes. 80.81 million shares or 13.75% more from 71.04 million shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.02% or 14,656 shares in its portfolio. Chevy Chase Tru stated it has 169,835 shares or 0.14% of all its holdings. Mason Street Advsr Limited Liability holds 0.05% in Wynn Resorts, Limited (NASDAQ:WYNN) or 11,193 shares. Gsa Capital Partners Llp invested 0.07% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). New York-based Blackrock has invested 0.04% in Wynn Resorts, Limited (NASDAQ:WYNN). Harber Asset Mgmt Limited Liability Com holds 0.92% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 15,609 shares. Advisors Preferred Ltd Liability Corp reported 88 shares or 0.01% of all its holdings. Advisor Ptnrs Limited Liability Company, California-based fund reported 2,962 shares. Cetera Advisor Netwr Ltd Co reported 0.01% stake. Daiwa Securities Gp Incorporated invested 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN). Mitsubishi Ufj Securities stated it has 0.06% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Exxonmobil Inv Management Tx has 0.06% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 12,301 shares. Comerica Securities holds 10,956 shares or 0.25% of its portfolio. Moreover, Susquehanna Group Inc Limited Liability Partnership has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 404,003 shares. Cap Fund holds 96,256 shares.

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Finance.Yahoo.com which released: “The Recent Fall in Wynn Resorts, Limited Stock Is a Windfall For Bulls” on June 06, 2018, also Finance.Yahoo.com with their article: “Real or Not, Trade War Fears Are Enough to Stay Away from Apple Stock” published on June 23, 2018, Seekingalpha.com published: “Wynn: A Long Shot Play On Sports Betting Narrows The Gap As New Management Takes Hold” on June 14, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Seekingalpha.com and their article: “Pricing Wynn Is Very Tricky” published on June 13, 2018 as well as Bizjournals.com‘s news article titled: “Lawsuit accuses Wynn Resorts of fraud in Everett land deal” with publication date: June 13, 2018.

Speece Thorson Capital Group Inc, which manages about $408.00M and $480.35 million US Long portfolio, upped its stake in Caseys Gen Stores Inc (NASDAQ:CASY) by 24,877 shares to 179,286 shares, valued at $19.62 million in 2018Q1, according to the filing. It also increased its holding in C H Robinson Worldwide Inc (NASDAQ:CHRW) by 55,300 shares in the quarter, for a total of 142,001 shares, and has risen its stake in Norfolk Southn Corp (NYSE:NSC).

Analysts await Leggett & Platt, Incorporated (NYSE:LEG) to report earnings on July, 26. They expect $0.61 EPS, down 4.69% or $0.03 from last year’s $0.64 per share. LEG’s profit will be $80.08M for 18.42 P/E if the $0.61 EPS becomes a reality. After $0.57 actual EPS reported by Leggett & Platt, Incorporated for the previous quarter, Wall Street now forecasts 7.02% EPS growth.

Since February 7, 2018, it had 0 insider purchases, and 5 sales for $1.88 million activity. The insider ENLOE ROBERT TED III sold $220,967. GLASSMAN KARL G sold $474,100 worth of stock or 10,000 shares. DeSonier David M sold $452,750 worth of stock.

More news for Leggett & Platt, Incorporated (NYSE:LEG) were recently published by: Benzinga.com, which released: “Leggett & Platt Notches Sell-Side Upgrade: Stifel Projects Upcoming Inflection Point” on May 31, 2018. Seekingalpha.com‘s article titled: “Expected Dividend Increases In June 2018” and published on May 31, 2018 is yet another important article.

Leggett & Platt, Incorporated (NYSE:LEG) Institutional Positions Chart

The post Capital Impact Advisors Trimmed Stake in Wynn Resorts LTD (WYNN) by $666,666; Speece Thorson Capital Group Stake in Leggett & Platt (LEG) Has Cut by $1.10 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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