Capital International LTD Decreased Its Wynn Resorts LTD (WYNN) Holding by $14.60 Million as Stock Price Rose; Coca (KO) Holder Aviance Capital Partners Boosted Its Position by $473,310

April 23, 2018 - By Richard Conner

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Aviance Capital Partners Llc increased its stake in Coca (KO) by 41.87% based on its latest 2017Q4 regulatory filing with the SEC. Aviance Capital Partners Llc bought 10,518 shares as the company’s stock declined 5.92% with the market. The institutional investor held 35,640 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $1.64M, up from 25,122 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Coca for a number of months, seems to be bullish on the $186.23 billion market cap company. The stock decreased 0.16% or $0.07 during the last trading session, reaching $43.67. About 2.61 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since April 23, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Capital International Ltd decreased its stake in Wynn Resorts Ltd (WYNN) by 75.58% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Ltd sold 86,916 shares as the company’s stock rose 5.95% while stock markets declined. The institutional investor held 28,084 shares of the consumer services company at the end of 2017Q4, valued at $4.74 million, down from 115,000 at the end of the previous reported quarter. Capital International Ltd who had been investing in Wynn Resorts Ltd for a number of months, seems to be less bullish one the $20.80B market cap company. The stock decreased 0.36% or $0.7 during the last trading session, reaching $191.81. About 485,677 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 55.02% since April 23, 2017 and is uptrending. It has outperformed by 43.47% the S&P500.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.11, from 0.8 in 2017Q3. It is positive, as 51 investors sold KO shares while 623 reduced holdings. 124 funds opened positions while 492 raised stakes. 2.73 billion shares or 0.05% less from 2.73 billion shares in 2017Q3 were reported. Reynders Mcveigh Capital Limited Liability Company owns 14,052 shares. Jackson Wealth Management Ltd Company reported 0.93% of its portfolio in The Coca-Cola Company (NYSE:KO). Bislett Ltd Limited Liability Company holds 3.99% or 150,000 shares in its portfolio. Eqis Capital Mgmt accumulated 18,097 shares. One Mgmt invested in 7,509 shares. 8,830 were reported by Scott And Selber. Winch Advisory Serv Limited Liability Company accumulated 877 shares or 0.02% of the stock. Hs Prtnrs Limited Co accumulated 5.23 million shares. Optimum Investment Advsr has invested 0.15% in The Coca-Cola Company (NYSE:KO). 5,672 were accumulated by Bingham Osborn Scarborough Ltd Liability. Peak6 Lp holds 0% or 12,696 shares in its portfolio. 4.73 million were accumulated by Manufacturers Life Insur Co The. Dearborn Partners Ltd Liability Corporation owns 500,047 shares or 1.65% of their US portfolio. Grantham Mayo Van Otterloo Ltd Co stated it has 1.01% of its portfolio in The Coca-Cola Company (NYSE:KO). Clinton Gp invested in 0.35% or 86,041 shares.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. Coca-Cola had 76 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, September 6, the company rating was maintained by BMO Capital Markets. Morgan Stanley downgraded The Coca-Cola Company (NYSE:KO) on Friday, December 16 to “Equal-Weight” rating. As per Friday, January 12, the company rating was upgraded by Evercore. The stock has “Hold” rating by Cowen & Co on Tuesday, August 22. Barclays Capital initiated The Coca-Cola Company (NYSE:KO) on Monday, January 9 with “Equal Weight” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 26 report. RBC Capital Markets maintained The Coca-Cola Company (NYSE:KO) rating on Thursday, March 10. RBC Capital Markets has “Outperform” rating and $51 target. As per Tuesday, February 20, the company rating was maintained by JP Morgan. The rating was maintained by Jefferies on Tuesday, September 5 with “Hold”. The stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by Sterne Agee CRT on Tuesday, July 21.

Aviance Capital Partners Llc, which manages about $417.57 million and $303.10M US Long portfolio, decreased its stake in Intel Corp. (NASDAQ:INTC) by 54,504 shares to 67,642 shares, valued at $3.12M in 2017Q4, according to the filing. It also reduced its holding in Berkshire Hathaway Inc. Cl A (BRKA) by 6 shares in the quarter, leaving it with 10 shares, and cut its stake in Pimco Dynamic Credit Income Fund (PCI).

Since January 16, 2018, it had 0 insider purchases, and 5 insider sales for $6.52 million activity. HAYS ED had sold 84,400 shares worth $4.01 million. MANN JENNIFER K sold 1,883 shares worth $84,735. LONG ROBERT EDWARD had sold 15,000 shares worth $719,250. Waller Kathy N sold $1.07M worth of stock or 23,240 shares.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on April, 24. They expect $1.92 earnings per share, up 54.84% or $0.68 from last year’s $1.24 per share. WYNN’s profit will be $208.24 million for 24.98 P/E if the $1.92 EPS becomes a reality. After $1.40 actual earnings per share reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts 37.14% EPS growth.

Since March 21, 2018, it had 0 buys, and 2 sales for $2.14 billion activity.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 17 have Buy rating, 1 Sell and 11 Hold. Therefore 59% are positive. Wynn Resorts had 94 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, February 7. The rating was maintained by Barclays Capital on Friday, October 27 with “Equal-Weight”. The firm has “Buy” rating by Jefferies given on Monday, January 29. The stock has “Outperform” rating by Credit Suisse on Friday, October 16. The company was maintained on Wednesday, March 21 by Jefferies. On Monday, October 19 the stock rating was upgraded by Jefferies to “Hold”. The firm has “Buy” rating by UBS given on Friday, July 8. As per Wednesday, July 26, the company rating was downgraded by Telsey Advisory Group. The rating was downgraded by Bank of America to “Hold” on Wednesday, January 31. The company was downgraded on Wednesday, April 13 by Deutsche Bank.

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

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