Wynn Resorts, Limited (WYNN) Reaches $189.37 After 9.00% Down Move; Shorts at Hni (HNI) Lowered By 10.23%

April 24, 2018 - By Michael Collier

HNI Corporation (NYSE:HNI) Logo

Hni Corporation (NYSE:HNI) had a decrease of 10.23% in short interest. HNI’s SI was 864,700 shares in April as released by FINRA. Its down 10.23% from 963,200 shares previously. With 171,300 avg volume, 5 days are for Hni Corporation (NYSE:HNI)’s short sellers to cover HNI’s short positions. The SI to Hni Corporation’s float is 2.02%. The stock increased 0.57% or $0.2 during the last trading session, reaching $35.57. About 52,793 shares traded. HNI Corporation (NYSE:HNI) has declined 22.88% since April 24, 2017 and is downtrending. It has underperformed by 34.43% the S&P500.

The stock of Wynn Resorts, Limited (NASDAQ:WYNN) is a huge mover today! The stock decreased 2.00% or $3.87 during the last trading session, reaching $189.37. About 1.26 million shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 55.02% since April 24, 2017 and is uptrending. It has outperformed by 43.47% the S&P500.The move comes after 5 months negative chart setup for the $20.54B company. It was reported on Apr, 24 by Barchart.com. We have $172.33 PT which if reached, will make NASDAQ:WYNN worth $1.85 billion less.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 17 have Buy rating, 1 Sell and 11 Hold. Therefore 59% are positive. Wynn Resorts has $228.0 highest and $54 lowest target. $154.51’s average target is -18.41% below currents $189.37 stock price. Wynn Resorts had 95 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna on Monday, April 23 with “Buy”. The stock has “Hold” rating by Roth Capital on Wednesday, February 7. Union Gaming upgraded the stock to “Buy” rating in Friday, March 23 report. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Neutral” rating by Instinet on Friday, January 27. Jefferies maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Monday, January 29 with “Buy” rating. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Buy” rating by Deutsche Bank on Wednesday, March 14. Telsey Advisory Group upgraded the stock to “Outperform” rating in Thursday, April 7 report. The firm has “Hold” rating by Union Gaming given on Wednesday, July 26. The rating was maintained by CFRA on Wednesday, February 7 with “Buy”. Nomura upgraded the stock to “Buy” rating in Wednesday, February 7 report.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts. The company has market cap of $20.54 billion. As of February 15, 2017, the companyÂ’s Wynn Macau resorts had approximately 284,000 square feet of casino space, which offered 303 table games and 957 slot machines, private gaming salons, sky casinos, and a poker pit; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; 8 food and beverage outlets; 57,000 square feet of retail space; 31,000 square feet of meeting and convention space; recreation and leisure facilities comprising 2 health clubs, spas, a salon, and a pool; and the Rotunda show. It has a 26.01 P/E ratio. It also owned and operated Wynn Palace resort with a total of approximately 420,000 square feet of casino space that offers 304 table games and 996 slot machines, private gaming salons, sky casinos, and a poker pit; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; 10 food and beverage outlets; 105,000 square feet of retail space; 40,000 square feet of meeting and convention space; recreation and leisure facilities, including a gondola ride, health club, spa, salon, and pool; and public attractions, such as a performance lake and floral art displays.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.11, from 1.12 in 2017Q3. It is positive, as 37 investors sold Wynn Resorts, Limited 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. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). The New York-based Qs Limited Company has invested 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN). Chevy Chase holds 0.12% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 163,566 shares. Connor Clark Lunn Investment Mgmt Ltd has invested 0% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). North Carolina-based Captrust Finance has invested 0% in Wynn Resorts, Limited (NASDAQ:WYNN). Boston Partners has 0.01% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Mutual Of America Capital Limited Liability Company accumulated 10,272 shares. Winch Advisory Ser Ltd Liability holds 0.98% or 9,627 shares in its portfolio. Mason Street stated it has 0.04% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Tudor Corp Et Al holds 3,146 shares. Caxton Assocs L P invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). Stratos Wealth Ptnrs Limited has 0.02% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Architects has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Bridgewater Assoc L P holds 5,635 shares or 0.01% of its portfolio. Southeastern Asset Mngmt Incorporated Tn owns 2.56 million shares or 5.34% of their US portfolio.

Since March 21, 2018, it had 0 insider buys, and 2 insider sales for $2.14 billion activity. Another trade for 8.03M shares valued at $1.40B was made by WYNN STEPHEN A on Thursday, March 22.

Among 3 analysts covering HNI (NYSE:HNI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. HNI had 5 analyst reports since September 20, 2016 according to SRatingsIntel. The stock of HNI Corporation (NYSE:HNI) earned “Hold” rating by Raymond James on Tuesday, October 24. The rating was downgraded by Raymond James to “Mkt Perform” on Tuesday, September 20. The firm has “Neutral” rating by Seaport Global given on Friday, November 4. Raymond James upgraded HNI Corporation (NYSE:HNI) rating on Wednesday, August 23. Raymond James has “Buy” rating and $42.0 target. The stock of HNI Corporation (NYSE:HNI) earned “Neutral” rating by Sidoti on Saturday, January 7.

Investors sentiment increased to 1.37 in Q4 2017. Its up 0.22, from 1.15 in 2017Q3. It is positive, as 12 investors sold HNI Corporation shares while 47 reduced holdings. 32 funds opened positions while 49 raised stakes. 30.16 million shares or 0.68% less from 30.37 million shares in 2017Q3 were reported. 10,900 were accumulated by New Mexico Educational Retirement Board. Citadel Advisors Limited Liability Company holds 71,428 shares or 0% of its portfolio. Goldman Sachs Grp invested 0% of its portfolio in HNI Corporation (NYSE:HNI). Gemmer Asset Management Limited Liability Company accumulated 252 shares. Ameriprise Fin holds 157,027 shares or 0% of its portfolio. Ahl Partners Ltd Liability Partnership holds 0.02% or 26,771 shares. Amundi Pioneer Asset Mngmt, Massachusetts-based fund reported 2,577 shares. South Dakota Invest Council owns 0.01% invested in HNI Corporation (NYSE:HNI) for 11,500 shares. Dimensional Fund L P owns 1.21 million shares. Fifth Third National Bank & Trust stated it has 0.01% in HNI Corporation (NYSE:HNI). Stoneridge Inv Ptnrs Lc holds 0.06% of its portfolio in HNI Corporation (NYSE:HNI) for 9,500 shares. The Georgia-based Advisory Llc has invested 0% in HNI Corporation (NYSE:HNI). Arrowmark Colorado Hldgs Ltd Liability reported 120,000 shares or 0.05% of all its holdings. Price T Rowe Associate Md invested in 0% or 67,437 shares. Moreover, Mason Street Advsrs Ltd Llc has 0.02% invested in HNI Corporation (NYSE:HNI) for 21,395 shares.

HNI Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan. The company has market cap of $1.55 billion. The companyÂ’s Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, OFM, basyx by HON, ERGOTM, and Lamex brands, as well as under private labels. It has a 17.78 P/E ratio. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices.

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

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