A. O. Smith (AOS) Trades at $64.53 After Triangle; Shorts at Wynn Resorts Limited (WYNN) Lowered By 27.42%

June 12, 2018 - By Shannon Black

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Wynn Resorts Limited (NASDAQ:WYNN) had a decrease of 27.42% in short interest. WYNN’s SI was 3.28 million shares in June as released by FINRA. Its down 27.42% from 4.52M shares previously. With 3.16 million avg volume, 1 days are for Wynn Resorts Limited (NASDAQ:WYNN)’s short sellers to cover WYNN’s short positions. The SI to Wynn Resorts Limited’s float is 4.12%. The stock increased 0.67% or $1.21 during the last trading session, reaching $182.03. About 151,137 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 56.07% since June 12, 2017 and is uptrending. It has outperformed by 43.50% the S&P500. Some Historical WYNN News: ; 16/04/2018 – WYNN: RESOLVED ALL OUTSTANDING LEGAL ISSUES WITH FORMER WIFE; 24/04/2018 – WYNN RESORTS LTD – CURRENTLY CONSTRUCTING WYNN BOSTON HARBOR, AN INTEGRATED RESORT IN EVERETT; 18/04/2018 – WYNN RESORTS LTD – WYNN RESORTS BOARD NOW COMPRISES 36% WOMEN; 20/03/2018 – Wynn Resorts Announces Expiration of Consent Solicitation by Wynn Las Vegas, LLC and Wynn Las Vegas Cap Corp; 24/04/2018 – Wynn Resorts Boosts Dividen; 02/05/2018 – Wynn Resorts:/ Have Made Great Strides in Restoring Stability at Wynn; 02/05/2018 – Wynn Resorts Sends Letter to Hldrs and Files Investor Presentation; 23/05/2018 – Wynn shareholders reject executive compensation plan; 17/04/2018 – Elaine Wynn Seeks to Overhaul Wynn Resorts Board; 22/03/2018 – Former Wynn Resorts CEO Steve Wynn sells entire stake in company

A. O. Smith Corporation (AOS) formed triangle with $68.40 target or 6.00% above today’s $64.53 share price. A. O. Smith Corporation (AOS) has $11.04 billion valuation. The stock increased 0.09% or $0.06 during the last trading session, reaching $64.53. About 14,228 shares traded. A. O. Smith Corporation (NYSE:AOS) has risen 18.29% since June 12, 2017 and is uptrending. It has outperformed by 5.72% the S&P500. Some Historical AOS News: ; 25/04/2018 – AO Smith 1Q Adj EPS 60c; 22/03/2018 – AO Smith Closes Below 50-Day Moving Average: Technicals; 14/05/2018 – Oak Ridge Adds Saia, Exits Maximus, Cuts AO Smith: 13F; 16/04/2018 – A. O. Smith to become primary water treatment brand at Lowe’s; 25/04/2018 – A.O. Smith 1Q Net $98.8M; 25/04/2018 – A. O. SMITH CORP SEES SALES GROWTH FOR 2018 BETWEEN 10 AND 10.75 PERCENT; 25/04/2018 – A. O. Smith reports double digit earnings growth on record first quarter sales; 08/03/2018 Barb VanderMolen, A. O. Smith vice president-finance, receiving recognition with a Women in Manufacturing STEP Ahead Award; 25/04/2018 – A. O. SMITH CORP AOS.N SEES FY 2018 ADJUSTED SHR $2.55 TO $2.61; 25/04/2018 – A.O. Smith Adjusts 2018 View To Adj EPS $2.55-Adj EPS $2.61

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Marketwatch.com which released: “‘Flash boys’ exchange IEX hits back at Nasdaq lawsuit” on May 30, 2018, also Finance.Yahoo.com with their article: “The Recent Fall in Wynn Resorts, Limited Stock Is a Windfall For Bulls” published on June 06, 2018, Seekingalpha.com published: “Wynn Resorts: Keep A Clear Focus” on May 24, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Nasdaq.com and their article: “My Desert Island Indicator Flagged This Quick And Easy Trade” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” with publication date: May 25, 2018.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.33, from 1.23 in 2017Q4. It dropped, as 75 investors sold Wynn Resorts, Limited shares while 165 reduced holdings. 88 funds opened positions while 128 raised stakes. 80.81 million shares or 13.75% more from 71.04 million shares in 2017Q4 were reported. Envestnet Asset Management reported 36,594 shares. Waddell & Reed Fincl invested in 65,000 shares. Moreover, Picton Mahoney Asset Management has 0.58% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 44,400 shares. 14,700 were accumulated by Quantitative Invest Mngmt Limited Liability Corporation. New Mexico Educational Retirement Board has 0.05% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 7,594 shares. Meridian Inv Counsel holds 0.16% or 1,500 shares. Nokota Management L P stated it has 0.43% in Wynn Resorts, Limited (NASDAQ:WYNN). 2,483 were accumulated by First Allied Advisory. Boston Prns holds 4,041 shares or 0% of its portfolio. Advsrs Preferred Ltd Liability Corp holds 88 shares. Kepos Ltd Partnership reported 0.09% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Lone Pine Cap Limited Company has 2.09% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Cap Guardian holds 0.04% or 15,090 shares in its portfolio. Fjarde Ap has 29,101 shares for 0.08% of their portfolio. Keybank National Association Oh invested 0% of its portfolio 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 100 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, March 21 by Jefferies. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Neutral” rating given on Wednesday, July 20 by UBS. The firm has “Hold” rating given on Wednesday, February 7 by Stifel Nicolaus. UBS downgraded the stock to “Neutral” rating in Monday, January 29 report. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Market Perform” rating by Taglich on Monday, October 5. Brean Capital maintained Wynn Resorts, Limited (NASDAQ:WYNN) rating on Friday, July 31. Brean Capital has “Buy” rating and $128 target. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, October 11. The firm earned “Hold” rating on Wednesday, April 13 by Deutsche Bank. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, July 29. On Friday, July 8 the stock rating was maintained by UBS with “Buy”.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts. The company has market cap of $19.77 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 25 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.

Since March 21, 2018, it had 0 buys, and 5 selling transactions for $2.15 billion activity. 18,450 shares were sold by MADDOX MATT, worth $3.53 million. $1.92 million worth of Wynn Resorts, Limited (NASDAQ:WYNN) was sold by MILLER ROBERT JOS on Wednesday, May 2. 4.10 million shares were sold by WYNN STEPHEN A, worth $738.90 million on Wednesday, March 21.

Since February 1, 2018, it had 0 insider purchases, and 14 insider sales for $9.59 million activity. Another trade for 2,600 shares valued at $163,099 was made by SMITH MARK D on Monday, March 5. Rajendra Ajita G had sold 7,400 shares worth $478,187. Ding Wei sold $768,677 worth of stock. BROUWER WILFRIDUS M sold $1.89 million worth of stock. Heideman Robert J sold $233,942 worth of stock or 3,669 shares. $1.65M worth of A. O. Smith Corporation (NYSE:AOS) shares were sold by KITA JOHN J. Lauber Charles T also sold $389,798 worth of A. O. Smith Corporation (NYSE:AOS) shares.

Analysts await A. O. Smith Corporation (NYSE:AOS) to report earnings on July, 25. They expect $0.62 earnings per share, up 16.98% or $0.09 from last year’s $0.53 per share. AOS’s profit will be $106.11 million for 26.02 P/E if the $0.62 EPS becomes a reality. After $0.60 actual earnings per share reported by A. O. Smith Corporation for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Investors sentiment decreased to 1.14 in Q1 2018. Its down 0.07, from 1.21 in 2017Q4. It dropped, as 27 investors sold A. O. Smith Corporation shares while 139 reduced holdings. 61 funds opened positions while 128 raised stakes. 121.99 million shares or 0.88% more from 120.93 million shares in 2017Q4 were reported. Hl, a Kentucky-based fund reported 3,152 shares. Gabelli Funds Ltd Co owns 117,450 shares. Fdx Advisors reported 0.07% stake. Cleararc Cap accumulated 0.04% or 3,712 shares. First Mercantile Trust Co owns 3,760 shares for 0.05% of their portfolio. Huntington Bank & Trust invested in 718 shares. Brookmont Capital holds 3,692 shares. Profund Advsrs Ltd Liability Company holds 0.01% or 4,835 shares in its portfolio. Ellington Gp Inc Limited Liability invested in 0.05% or 11,700 shares. Daiwa Group stated it has 87,408 shares or 0.04% of all its holdings. 16,846 are held by Lpl Limited Liability Company. Victory Management holds 0.26% in A. O. Smith Corporation (NYSE:AOS) or 1.89 million shares. Advisory Ntwk Ltd Llc, a Georgia-based fund reported 1,431 shares. Magnetar Fincl Ltd Liability Com holds 0.01% of its portfolio in A. O. Smith Corporation (NYSE:AOS) for 7,471 shares. Commonwealth Financial Bank Of Aus has invested 0% of its portfolio in A. O. Smith Corporation (NYSE:AOS).

Among 17 analysts covering AO Smith Corp (NYSE:AOS), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. AO Smith Corp has $111 highest and $50 lowest target. $74.90’s average target is 16.07% above currents $64.53 stock price. AO Smith Corp had 43 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of A. O. Smith Corporation (NYSE:AOS) earned “Hold” rating by Maxim Group on Friday, January 8. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, January 31 report. The stock of A. O. Smith Corporation (NYSE:AOS) has “Outperform” rating given on Tuesday, April 5 by BMO Capital Markets. The company was maintained on Thursday, January 25 by BMO Capital Markets. As per Wednesday, July 26, the company rating was maintained by Boenning & Scattergood. The company was maintained on Thursday, August 10 by Stifel Nicolaus. The firm has “Neutral” rating given on Wednesday, October 25 by Boenning & Scattergood. BMO Capital Markets maintained A. O. Smith Corporation (NYSE:AOS) rating on Wednesday, September 6. BMO Capital Markets has “Buy” rating and $60.0 target. The company was maintained on Wednesday, August 23 by Robert W. Baird. SunTrust initiated the shares of AOS in report on Tuesday, November 3 with “Buy” rating.

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