Invesco LTD Decreased Its Liberty Global Plc (LBTYK) Stake; Northern Cross Decreased Wynn Resorts LTD (WYNN) Stake

January 13, 2018 - By Clifton Ray

Northern Cross Llc decreased Wynn Resorts Ltd (WYNN) stake by 7.65% reported in 2017Q3 SEC filing. Northern Cross Llc sold 633,449 shares as Wynn Resorts Ltd (WYNN)’s stock rose 26.92%. The Northern Cross Llc holds 7.65 million shares with $1.14 billion value, down from 8.28 million last quarter. Wynn Resorts Ltd now has $17.01B valuation. The stock increased 1.87% or $3.04 during the last trading session, reaching $165.54. About 2.68 million shares traded or 67.42% up from the average. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since January 13, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Invesco Ltd decreased Liberty Global Plc (LBTYK) stake by 2.32% reported in 2017Q3 SEC filing. Invesco Ltd sold 118,699 shares as Liberty Global Plc (LBTYK)’s stock declined 17.26%. The Invesco Ltd holds 5.01M shares with $163.70 million value, down from 5.12M last quarter. Liberty Global Plc now has $35.04B valuation. The stock increased 0.69% or $0.24 during the last trading session, reaching $34.89. About 2.88 million shares traded or 8.95% up from the average. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since January 13, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

Invesco Ltd increased Shenandoah Telecommunication (NASDAQ:SHEN) stake by 11,724 shares to 51,927 valued at $1.93M in 2017Q3. It also upped Scientific Games Corp (NASDAQ:SGMS) stake by 173,208 shares and now owns 354,675 shares. Green Dot Corp (NYSE:GDOT) was raised too.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on January, 25. They expect $1.32 earnings per share, up 164.00% or $0.82 from last year’s $0.5 per share. WYNN’s profit will be $135.67 million for 31.35 P/E if the $1.32 EPS becomes a reality. After $1.52 actual earnings per share reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts -13.16% negative EPS growth.

Among 26 analysts covering Wynn Resorts (NASDAQ:WYNN), 12 have Buy rating, 1 Sell and 13 Hold. Therefore 46% are positive. Wynn Resorts had 62 analyst reports since July 31, 2015 according to SRatingsIntel. Argus Research upgraded Wynn Resorts, Limited (NASDAQ:WYNN) rating on Wednesday, April 5. Argus Research has “Buy” rating and $135 target. As per Friday, July 31, the company rating was maintained by Brean Capital. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Hold” rating given on Friday, July 14 by Stifel Nicolaus. The company was maintained on Thursday, September 21 by Deutsche Bank. CLSA downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Friday, July 29 to “Underperform” rating. Telsey Advisory maintained the stock with “Hold” rating in Friday, October 27 report. UBS maintained the stock with “Buy” rating in Friday, September 29 report. Jefferies upgraded the stock to “Hold” rating in Monday, October 19 report. On Thursday, April 7 the stock rating was upgraded by Telsey Advisory Group to “Outperform”. The rating was downgraded by Union Gaming to “Hold” on Wednesday, July 26.

Since July 31, 2017, it had 0 insider purchases, and 3 insider sales for $9.62 million activity. Shares for $3.08 million were sold by Sinatra Kimmarie on Friday, September 15. Another trade for 3,000 shares valued at $387,000 was made by Randt Clark T. Jr. on Monday, July 31. MADDOX MATT had sold 42,900 shares worth $6.15 million on Friday, September 15.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.51, from 1.63 in 2017Q2. It dived, as 33 investors sold WYNN shares while 148 reduced holdings. 64 funds opened positions while 138 raised stakes. 73.07 million shares or 1.76% more from 71.80 million shares in 2017Q2 were reported. Farmers Merchants Invs owns 170 shares. First Allied Advisory Svcs Inc holds 0.02% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 2,623 shares. Leisure Cap Mgmt, California-based fund reported 5,046 shares. Gp One Trading Ltd Partnership reported 0.02% stake. Dimensional Fund Ltd Partnership invested in 0.02% or 315,078 shares. Crystal Rock Capital Mngmt reported 3.3% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). State Treasurer State Of Michigan holds 0.03% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 24,270 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 0.01% or 6,506 shares in its portfolio. Louisiana State Employees Retirement Systems has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Coastline Tru Communication stated it has 0.07% in Wynn Resorts, Limited (NASDAQ:WYNN). Citigroup owns 0% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 37,493 shares. Tobam holds 0.08% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 14,440 shares. Apg Asset Mgmt Nv reported 144,782 shares stake. Highbridge Mgmt Lc stated it has 1,639 shares. Connor Clark And Lunn Investment Management Ltd holds 0% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 3,125 shares.

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