Numeric Investors Increases Position in Crown Holdings (CCK); Northern Cross Stake in Wynn Resorts LTD (WYNN) Has Cut by $91.35 Million

May 16, 2018 - By Ellis Scott

Crown Holdings, Inc. (NYSE:CCK) Logo

Numeric Investors Llc increased its stake in Crown Holdings Inc (CCK) by 48% based on its latest 2017Q4 regulatory filing with the SEC. Numeric Investors Llc bought 13,200 shares as the company’s stock declined 10.74% with the market. The institutional investor held 40,700 shares of the consumer durables company at the end of 2017Q4, valued at $2.29 million, up from 27,500 at the end of the previous reported quarter. Numeric Investors Llc who had been investing in Crown Holdings Inc for a number of months, seems to be bullish on the $5.86B market cap company. The stock decreased 0.50% or $0.22 during the last trading session, reaching $43.64. About 301,719 shares traded. Crown Holdings, Inc. (NYSE:CCK) has declined 4.55% since May 16, 2017 and is downtrending. It has underperformed by 16.10% the S&P500.

Northern Cross Llc decreased its stake in Wynn Resorts Ltd (WYNN) by 7.11% based on its latest 2017Q4 regulatory filing with the SEC. Northern Cross Llc sold 543,725 shares as the company’s stock rose 5.95% while stock markets declined. The institutional investor held 7.10M shares of the consumer services company at the end of 2017Q4, valued at $1.20B, down from 7.65 million at the end of the previous reported quarter. Northern Cross Llc who had been investing in Wynn Resorts Ltd for a number of months, seems to be less bullish one the $20.69 billion market cap company. The stock increased 0.33% or $0.62 during the last trading session, reaching $190.79. About 404,827 shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 55.02% since May 16, 2017 and is uptrending. It has outperformed by 43.47% the S&P500.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on July, 24. They expect $2.05 EPS, up 73.73% or $0.87 from last year’s $1.18 per share. WYNN’s profit will be $222.34 million for 23.27 P/E if the $2.05 EPS becomes a reality. After $2.30 actual EPS reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

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. The stock has “Buy” rating by J.P. Morgan on Wednesday, February 7. The firm has “Hold” rating given on Thursday, November 3 by Stifel Nicolaus. Susquehanna maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Thursday, March 8 with “Buy” rating. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Positive” rating by Susquehanna on Thursday, February 8. As per Thursday, September 3, the company rating was maintained by Argus Research. Credit Agricole upgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, September 2 to “Buy” rating. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Buy” rating given on Friday, July 8 by UBS. The firm earned “Buy” rating on Monday, January 29 by Jefferies. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Overweight” rating given on Thursday, October 8 by JP Morgan. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Buy” rating given on Monday, April 2 by Roth Capital.

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Prnewswire.com which released: “Wynn Resorts Launches Women’s Leadership Forum Series with Inaugural Event at Wynn Las Vegas” on May 15, 2018, also Seekingalpha.com with their article: “Drama At Wynn Could Delay Shareholder Meeting” published on May 05, 2018, Streetinsider.com published: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” on May 15, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Streetinsider.com and their article: “Highlights: Hedge funds chomped on FAANGs during first quarter tech turmoil” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Two more Wynn directors leave board” with publication date: May 15, 2018.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.11, from 1.12 in 2017Q3. It increased, 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. Cibc Markets holds 0% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 5,394 shares. Pictet Asset Mngmt has invested 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN). Metropolitan Life Com Ny has invested 0.04% in Wynn Resorts, Limited (NASDAQ:WYNN). Quantitative Investment Management Ltd Liability, a Virginia-based fund reported 34,700 shares. Crystal Rock Capital Mgmt accumulated 3.46% or 31,785 shares. Yhb Invest Advsr Inc accumulated 2,180 shares. Cleararc Inc accumulated 2,019 shares or 0.05% of the stock. Swiss Bancshares has 0.05% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Fjarde Ap has invested 0.06% in Wynn Resorts, Limited (NASDAQ:WYNN). Clarivest Asset Ltd Com owns 4 shares. Harber Asset Mgmt Limited Liability Corporation holds 20,653 shares. Kayne Anderson Rudnick Inv Management Ltd Com reported 403,106 shares. Kj Harrison And Prns holds 0.17% in Wynn Resorts, Limited (NASDAQ:WYNN) or 3,000 shares. Exxonmobil Invest Tx has 12,748 shares. Columbus Circle Investors accumulated 529,596 shares.

Since March 21, 2018, it had 0 insider buys, and 5 insider sales for $2.15 billion activity. Shares for $3.53M were sold by MADDOX MATT. WYNN STEPHEN A sold $738.90 million worth of Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, March 21.

Investors sentiment is 1.16 in 2017 Q4. Its the same as in 2017Q3. It is the same, as 24 investors sold CCK shares while 110 reduced holdings. only 63 funds opened positions while 92 raised stakes. 117.11 million shares or 2.22% less from 119.77 million shares in 2017Q3 were reported. Barnett & stated it has 4,700 shares. Bridgewater Assoc Lp accumulated 71,927 shares. Stack Financial Incorporated accumulated 272,581 shares. Pitcairn invested in 8,140 shares. Pinebridge LP has invested 0.33% in Crown Holdings, Inc. (NYSE:CCK). Stillwater Cap Advsr Ltd Liability Corporation accumulated 4,797 shares. Ubs Oconnor Ltd Liability reported 0.36% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Regions Financial Corporation holds 0.01% or 14,981 shares in its portfolio. Bridgeway Cap Inc stated it has 0.09% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Dekabank Deutsche Girozentrale owns 331,509 shares or 0.15% of their US portfolio. Capstone Advisors Ltd Liability Corp has invested 0.02% in Crown Holdings, Inc. (NYSE:CCK). 4,928 were accumulated by Janney Montgomery Scott Limited Liability Co. Nordea Inv Management accumulated 1.96M shares or 0.26% of the stock. Royal State Bank Of Canada accumulated 365,466 shares. 25,573 are held by Amalgamated Bank.

Among 18 analysts covering Crown Holdings (NYSE:CCK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Crown Holdings had 50 analyst reports since July 22, 2015 according to SRatingsIntel. Wells Fargo maintained Crown Holdings, Inc. (NYSE:CCK) rating on Friday, October 20. Wells Fargo has “Market Perform” rating and $60 target. As per Monday, August 28, the company rating was maintained by Jefferies. The stock has “Buy” rating by Bank of America on Friday, February 19. The firm has “Neutral” rating given on Tuesday, April 19 by Credit Suisse. Vertical Research downgraded the shares of CCK in report on Monday, April 25 to “Hold” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, April 20. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 10. The stock of Crown Holdings, Inc. (NYSE:CCK) has “Overweight” rating given on Friday, October 20 by Barclays Capital. The stock has “Neutral” rating by Credit Suisse on Wednesday, April 18. The stock of Crown Holdings, Inc. (NYSE:CCK) earned “Outperform” rating by RBC Capital Markets on Friday, September 30.

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