<div id="readability-page-1"><p>Qsemble Capital Management LP lifted its holdings in shares of Wynn Resorts, Limited (NASDAQ:WYNN - Free Report) by 640.5% in the second quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor owned 17,498 shares of the casino operator's stock after acquiring an additional 15,135 shares during the quarter. Qsemble Capital Management LP's holdings in Wynn Resorts were worth $1,566,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Wynn Resorts: 6 Reasons to Ante Up for the Stock </li></ul><p>Other hedge funds and other institutional investors also recently made changes to their positions in the company. AdvisorShares Investments LLC bought a new position in Wynn Resorts in the second quarter worth $411,000. ClariVest Asset Management LLC purchased a new stake in shares of Wynn Resorts in the second quarter worth $1,718,000. Daiwa Securities Group Inc. grew its stake in shares of Wynn Resorts by 7.7% in the second quarter. Daiwa Securities Group Inc. now owns 10,642 shares of the casino operator's stock worth $952,000 after acquiring an additional 759 shares during the last quarter. Andra AP fonden grew its stake in shares of Wynn Resorts by 9.6% in the second quarter. Andra AP fonden now owns 102,600 shares of the casino operator's stock worth $9,183,000 after acquiring an additional 9,000 shares during the last quarter. Finally, Choreo LLC purchased a new stake in shares of Wynn Resorts in the second quarter worth $361,000. Institutional investors own 68.87% of the company's stock. </p><h2>Wynn Resorts Stock Performance</h2><p>WYNN stock opened at $76.26 on Friday. Wynn Resorts, Limited has a fifty-two week low of $71.63 and a fifty-two week high of $110.38. The business's 50-day moving average is $79.03 and its two-hundred day moving average is $90.70. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 10.45, a P/E/G ratio of 1.70 and a beta of 1.80. </p><br/><ul><li>MGM Resorts Stock: Poised for Hospitality Industry Rebound</li></ul><p>Wynn Resorts (NASDAQ:WYNN - Get Free Report) last posted its earnings results on Tuesday, August 6th. The casino operator reported $1.12 earnings per share for the quarter, missing analysts' consensus estimates of $1.14 by ($0.02). Wynn Resorts had a net margin of 12.22% and a negative return on equity of 53.84%. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period in the prior year, the company posted $0.91 EPS. The firm's revenue was up 8.4% compared to the same quarter last year. Equities analysts predict that Wynn Resorts, Limited will post 5.55 earnings per share for the current year. </p><h2>Wynn Resorts Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Monday, August 19th. Wynn Resorts's dividend payout ratio (DPR) is currently 13.70%. </p><h2>Analysts Set New Price Targets</h2><ul><li>How to Invest in Casino Stocks: Pros and Cons and More</li></ul><p>A number of equities research analysts have recently commented on WYNN shares. Wells Fargo &amp; Company cut their target price on Wynn Resorts from $126.00 to $115.00 and set an &#34;overweight&#34; rating on the stock in a research note on Wednesday, August 7th. Macquarie reissued an &#34;outperform&#34; rating and issued a $126.00 target price on shares of Wynn Resorts in a research note on Wednesday, August 7th. Seaport Res Ptn raised Wynn Resorts from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Thursday, May 30th. Deutsche Bank Aktiengesellschaft dropped their price objective on Wynn Resorts from $131.00 to $122.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, August 7th. Finally, Morgan Stanley dropped their price objective on Wynn Resorts from $107.00 to $97.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Wednesday, September 4th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $116.07.</p><p><b>Get Our Latest Stock Report on Wynn Resorts</b></p><h2>About Wynn Resorts</h2> (Free Report)<p>Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.</p><h2>Read More</h2><ul><li>Five stocks we like better than Wynn Resorts</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>3 Leveraged ETFs to Multiply Returns</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>A Tale of Two Titans: Unveiling the Value in Baidu and JD.com</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1lOTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1lOTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Trader Books $13M Profit on “Nvidia of Crypto” <span><span>(From Crypto 101 Media)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NTQ3?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NTQ3"/></p><h2>Should you invest $1,000 in Wynn Resorts right now?</h2><p>Before you consider Wynn Resorts, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Resorts wasn't on the list.</p><p>While Wynn Resorts currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

WYNN

<p>Qsemble Capital Management LP increased its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 640.5% in Q2, acquiring 15,135 additional shares, bringing its total to 17,498 shares valued at $566,000. Other institutional investors also adjusted their positions in Wynn. The stock opened at $90.26, with a 52-week range of $63.63 to $138.38. Wynn reported Q2 earnings of $0.12 per share, missing estimates, with revenue of $1.73 billion. Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and a target price of $107.07.</p>

Qsemble Capital Management LP Acquires 15,135 Shares of Wynn Resorts, Limited (NASDAQ:WYNN)