Investment Counselors Of Maryland Decreased Its Position in Haverty Furniture Cos (HVT) by $353,672 as Market Value Declined; Davidson Kempner Capital Management LP Position in Wynn Resorts LTD (WYNN) Lifted by $12.60 Million

May 18, 2018 - By Kurt Siggers

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Thomas Lenox Kempner increased its stake in Wynn Resorts Ltd (WYNN) by 31.58% based on its latest 2017Q4 regulatory filing with the SEC. Davidson Kempner Capital Management Lp bought 75,000 shares as the company’s stock rose 5.95% while stock markets declined. The hedge fund run by Thomas Lenox Kempner held 312,500 shares of the consumer services company at the end of 2017Q4, valued at $52.68 million, up from 237,500 at the end of the previous reported quarter. Davidson Kempner Capital Management Lp who had been investing in Wynn Resorts Ltd for a number of months, seems to be bullish on the $20.61B market cap company. The stock decreased 1.31% or $2.53 during the last trading session, reaching $189.98. About 1.56M shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 55.02% since May 18, 2017 and is uptrending. It has outperformed by 43.47% the S&P500.

Investment Counselors Of Maryland Llc decreased its stake in Haverty Furniture Cos (HVT) by 4.4% based on its latest 2017Q4 regulatory filing with the SEC. Investment Counselors Of Maryland Llc sold 16,076 shares as the company’s stock declined 17.85% with the market. The institutional investor held 349,397 shares of the consumer services company at the end of 2017Q4, valued at $7.91 million, down from 365,473 at the end of the previous reported quarter. Investment Counselors Of Maryland Llc who had been investing in Haverty Furniture Cos for a number of months, seems to be less bullish one the $424.16 million market cap company. The stock increased 4.13% or $0.8 during the last trading session, reaching $20.15. About 118,852 shares traded. Haverty Furniture Companies, Inc. (NYSE:HVT) has declined 18.20% since May 18, 2017 and is downtrending. It has underperformed by 29.75% the S&P500.

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Nasdaq.com which released: “My Desert Island Indicator Flagged This Quick And Easy Trade” on May 18, 2018, also Streetinsider.com with their article: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” published on May 15, 2018, Streetinsider.com published: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Seekingalpha.com and their article: “Drama At Wynn Could Delay Shareholder Meeting” published on May 05, 2018 as well as Seekingalpha.com‘s news article titled: “Wynn Resorts tops Q1 estimates with broad profit gains” with publication date: April 24, 2018.

Since March 21, 2018, it had 0 buys, and 5 insider sales for $2.15 billion activity. On Wednesday, May 2 the insider MILLER ROBERT JOS sold $1.92 million. 18,450 shares were sold by MADDOX MATT, worth $3.53 million on Tuesday, May 1.

Davidson Kempner Capital Management Lp, which manages about $26.13 billion and $3.12 billion US Long portfolio, decreased its stake in Take (NASDAQ:TTWO) by 50,000 shares to 62,500 shares, valued at $6.86 million in 2017Q4, according to the filing. It also reduced its holding in Lions Gate Entmnt Corp by 312,400 shares in the quarter, leaving it with 687,500 shares, and cut its stake in Paratek Pharmaceuticals Inc (NASDAQ:PRTK).

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.11, from 1.12 in 2017Q3. It improved, as 37 investors sold WYNN shares while 149 reduced holdings. 75 funds opened positions while 153 raised stakes. 71.04 million shares or 2.78% less from 73.07 million shares in 2017Q3 were reported. Creative Planning, Kansas-based fund reported 5,422 shares. Tru Of Vermont reported 0.01% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). 22,837 are held by Westpac Banking Corp. Bp Public Ltd Co reported 30,000 shares. 26,216 were reported by Td Asset Management. Macquarie Grp Incorporated Ltd holds 184,771 shares. Mackenzie Finance holds 0.15% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 371,560 shares. 4,348 were accumulated by Public Sector Pension Invest Board. Cambridge Invest Advisors, a Iowa-based fund reported 4,907 shares. 1832 Asset Mgmt Ltd Partnership holds 302,600 shares or 0.17% of its portfolio. Jpmorgan Chase holds 372,059 shares or 0.01% of its portfolio. Adage Capital Group Ltd invested in 110,400 shares. Nordea Inv Ab holds 0% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 4,211 shares. Kbc Grp Nv owns 13,817 shares. Netherlands-based Apg Asset Mngmt Nv has invested 0.04% in Wynn Resorts, Limited (NASDAQ:WYNN).

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 17 have Buy rating, 1 Sell and 11 Hold. Therefore 59% are positive. Wynn Resorts had 99 analyst reports since July 31, 2015 according to SRatingsIntel. Telsey Advisory Group downgraded the shares of WYNN in report on Wednesday, July 26 to “Market Perform” rating. Stifel Nicolaus maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, October 11 with “Hold” rating. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Hold” rating by Stifel Nicolaus on Wednesday, February 7. The firm earned “Buy” rating on Monday, March 7 by UBS. The firm has “Buy” rating by Jefferies given on Wednesday, March 21. On Wednesday, April 5 the stock rating was upgraded by Argus Research to “Buy”. UBS downgraded the stock to “Neutral” rating in Wednesday, July 20 report. Aegis Capital upgraded the shares of WYNN in report on Tuesday, March 21 to “Buy” rating. Union Gaming downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, July 26 to “Hold” rating. The firm has “Buy” rating by Goldman Sachs given on Friday, February 3.

More recent Haverty Furniture Companies, Inc. (NYSE:HVT) news were published by: Globenewswire.com which released: “Havertys Reports Earnings for First Quarter 2018” on May 01, 2018. Also Globenewswire.com published the news titled: “Havertys Announces Timing of First Quarter Earnings Release and Investor Conference Call” on April 25, 2018. Globenewswire.com‘s news article titled: “Havertys Announces Quarterly Dividend and New Authorization Under Stock Repurchase Program” with publication date: May 08, 2018 was also an interesting one.

Among 2 analysts covering Haverty Furniture (NYSE:HVT), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Haverty Furniture had 6 analyst reports since January 27, 2016 according to SRatingsIntel. The stock has “Hold” rating by KeyBanc Capital Markets on Monday, November 20. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. On Tuesday, September 12 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, October 10. On Wednesday, January 27 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The stock of Haverty Furniture Companies, Inc. (NYSE:HVT) has “Strong Buy” rating given on Tuesday, August 2 by Raymond James.

Investment Counselors Of Maryland Llc, which manages about $2.15B and $2.02 billion US Long portfolio, upped its stake in Ensign Group Inc (NASDAQ:ENSG) by 136,745 shares to 980,723 shares, valued at $21.77M in 2017Q4, according to the filing. It also increased its holding in Extended Stay America (NYSE:STAY) by 316,391 shares in the quarter, for a total of 1.12 million shares, and has risen its stake in Dril (NYSE:DRQ).

Analysts await Haverty Furniture Companies, Inc. (NYSE:HVT) to report earnings on July, 30. They expect $0.26 EPS, down 10.34% or $0.03 from last year’s $0.29 per share. HVT’s profit will be $5.47M for 19.38 P/E if the $0.26 EPS becomes a reality. After $0.29 actual EPS reported by Haverty Furniture Companies, Inc. for the previous quarter, Wall Street now forecasts -10.34% negative EPS growth.

Since December 13, 2017, it had 0 insider buys, and 4 sales for $1.65 million activity. H5 – L.P. had sold 23,000 shares worth $535,938. On Wednesday, December 13 the insider HAVERTY RAWSON JR sold $535,938. PARKER JENNY H had sold 2,000 shares worth $41,000 on Wednesday, February 28.

Wynn Resorts, Limited (NASDAQ:WYNN) Institutional Positions Chart

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