Adams Asset Advisors Increased Sunoco LP (SUN) Stake By $561,192; Wynn Resorts LTD (WYNN) Sentiment Is 1.48

Wynn Resorts, Limited (NASDAQ:WYNN) Logo

Adams Asset Advisors Llc increased Sunoco Lp (SUN) stake by 10.64% reported in 2018Q2 SEC filing. Adams Asset Advisors Llc acquired 23,383 shares as Sunoco Lp (SUN)’s stock rose 6.90%. The Adams Asset Advisors Llc holds 243,062 shares with $6.07 million value, up from 219,679 last quarter. Sunoco Lp now has $2.27B valuation. The stock increased 0.70% or $0.19 during the last trading session, reaching $27.5. About 465,650 shares traded or 19.43% up from the average. Sunoco LP (NYSE:SUN) has declined 11.79% since December 7, 2017 and is downtrending. It has underperformed by 27.41% the S&P500. Some Historical SUN News: 03/04/2018 – SUNOCO LP REPORTS PACT TO BUY WHOLESALE FUEL FROM SUPERIOR PLUS; 03/04/2018 – Sunoco LP to Acquire Wholesale Fuel Distribution, Terminal Business From Superior Plus Corp for $40 Million; 03/04/2018 – SUPERIOR PLUS – UNIT ENTERED INTO AGREEMENT WITH SUNOCO LP TO SELL WHOLESALE REFINED FUELS BUSINESS & REFINED FUEL TERMINAL ASSETS LOCATED IN NEW YORK; 03/04/2018 – SUNOCO LP: PACT TO BUY WHOLESALE FUEL DISTRIBUTION, TERMINAL; 03/04/2018 – SUNOCO LP – DEAL FOR APPROXIMATELY $40 MLN PLUS WORKING CAPITAL ADJUSTMENTS; 09/05/2018 – SUNOCO LP – ON A WEIGHTED-AVERAGE BASIS, FUEL MARGIN FOR ALL GALLONS SOLD IN QTR WAS 10.5 CENTS PER GALLON, COMPARED TO 14.5 CENTS PER GALLON; 03/05/2018 – Pennsylvania regulators allow ETP Mariner East 1 liquids pipe to restart; 02/04/2018 – SUNOCO LP COMPLETES CONVERSION OF WEST TEXAS RETAIL SITES TO; 16/03/2018 – ZHEJIANG SATELLITE PETROCHEMICAL 002648.SZ SAYS UNIT SATELLITE PETROCHEMICAL USA AND SUNOCO PARTNERS MARKETING & TERMINALS INVEST $630 MLN TO SET UP JV ORBIT GULF COAST NGL EXPORTS; 09/05/2018 – ENERGY TRANSFER EQUITY LP ETE.N – QTRLY NET INCOME PER LIMITED PARTNER UNIT $0.31

Wynn Resorts LTD (WYNN) investors sentiment increased to 1.48 in 2018 Q2. It’s up 0.58, from 0.9 in 2018Q1. The ratio has improved, as 250 hedge funds increased and started new stock positions, while 169 sold and reduced stock positions in Wynn Resorts LTD. The hedge funds in our database now have: 79.61 million shares, down from 80.81 million shares in 2018Q1. Also, the number of hedge funds holding Wynn Resorts LTD in top ten stock positions decreased from 13 to 6 for a decrease of 7. Sold All: 52 Reduced: 117 Increased: 185 New Position: 65.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts. The company has market cap of $12.22 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 19.84 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 January 1, 0001, it had 1 buy, and 0 insider sales for $1.01 million activity.

Northern Cross Llc holds 12.82% of its portfolio in Wynn Resorts, Limited for 4.34 million shares. Criterion Capital Management Llc owns 333,806 shares or 4.19% of their US portfolio. Moreover, Land & Buildings Investment Management Llc has 3.78% invested in the company for 113,076 shares. The New York-based Hoplite Capital Management L.P. has invested 3.72% in the stock. Tiger Legatus Capital Management Llc, a New York-based fund reported 70,000 shares.

The stock increased 1.86% or $2.05 during the last trading session, reaching $112.41. About 3.64M shares traded or 17.28% up from the average. Wynn Resorts, Limited (WYNN) has declined 7.52% since December 7, 2017 and is downtrending. It has underperformed by 23.14% the S&P500. Some Historical WYNN News: 22/03/2018 – WYNN RESORTS LTD WYNN.O – THE SALES, COMBINED WITH PREVIOUS SALES BY STEVE WYNN, EFFECTIVELY ELIMINATE HIS OWNERSHIP IN WYNN RESORTS; 30/04/2018 – Bloomberg Baystate Business: Wynn, Airbnb, Bill Gates; 29/03/2018 – WYNN BOSTON HARBOR SVP COMMENTS AFTER GAMING COMMISSION HEARING; 29/03/2018 – WYNN RESORTS OPEN TO DROPPING WYNN NAME FROM BOSTON CASINO; 08/03/2018 – Wynn Resorts Forcibly Redeemed $2.8 Billion Stake at a Discount; 11/04/2018 – Wynn Resorts’ Boston Casino Is Rising on Land Tied to a Mobster; 08/03/2018 – WYNN RESORTS LTD – AGREEMENT ALSO PUTS AN END TO CLAIMS BROUGHT BY UNIVERSAL ENTERTAINMENT AND ARUZE USA AGAINST WYNN MACAU IN MACAU; 21/03/2018 – WYNN RESORTS, STEPHEN WYNN IN REGISTRATION RIGHTS PACT; 24/04/2018 – Wynn Resorts Boosts Dividen; 14/05/2018 – Elaine Wynn Succeeds in Booting Director From Wynn Resorts Board

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Nasdaq.com which released: “Why Cronos Group, Tesaro, and Wynn Resorts Jumped Today – Nasdaq” on December 03, 2018, also Nasdaq.com with their article: “Macau Stocks Are Bouncing Back…But Will It Last? – Nasdaq” published on December 05, 2018, Nasdaq.com published: “Nasdaq 100 Movers: TTWO, WYNN – Nasdaq” on December 03, 2018. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Nasdaq.com and their article: “Wynn Resorts Realizes Golf, Not Lagoons, Is More Profitable – Nasdaq” published on November 12, 2018 as well as Nasdaq.com‘s news article titled: “U.S. STOCKS ON THE MOVE-Wynn Resorts, AMD, Discovery, Aphria, Tesaro, Nike, Oil companies – Nasdaq” with publication date: December 03, 2018.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on January, 28. They expect $1.15 earnings per share, down 17.86% or $0.25 from last year’s $1.4 per share. WYNN’s profit will be $125.05 million for 24.44 P/E if the $1.15 EPS becomes a reality. After $1.68 actual earnings per share reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts -31.55% negative EPS growth.

Adams Asset Advisors Llc decreased Cbl & Associates (NYSE:CBL) stake by 252,867 shares to 1.36 million valued at $7.56 million in 2018Q2. It also reduced Unisys Corp (NYSE:UIS) stake by 26,666 shares and now owns 89,721 shares. Exxon Mobil Corp (NYSE:XOM) was reduced too.

Investors sentiment decreased to 1.08 in Q2 2018. Its down 0.03, from 1.11 in 2018Q1. It turned negative, as 12 investors sold SUN shares while 25 reduced holdings. 18 funds opened positions while 22 raised stakes. 27.30 million shares or 4.53% less from 28.59 million shares in 2018Q1 were reported. Morgan Stanley has 736,305 shares for 0% of their portfolio. Invesco Limited reported 38,699 shares. 18,294 were accumulated by Beach Counsel Pa. Arrowstreet LP has invested 0% in Sunoco LP (NYSE:SUN). Adams Asset Advisors Limited Co reported 243,062 shares or 0.65% of all its holdings. Renaissance Tech Ltd Company stated it has 0.01% of its portfolio in Sunoco LP (NYSE:SUN). Metropolitan Life Ins Ny has 0% invested in Sunoco LP (NYSE:SUN). The Minnesota-based Gradient Invests Ltd Liability Co has invested 0% in Sunoco LP (NYSE:SUN). Quinn Opportunity Partners Ltd Llc reported 0.27% in Sunoco LP (NYSE:SUN). First Republic Inc invested in 10,858 shares. Royal Comml Bank Of Canada holds 83,411 shares. Group Inc One Trading Limited Partnership holds 0.01% or 46,132 shares. Citigroup Inc stated it has 0% of its portfolio in Sunoco LP (NYSE:SUN). Highland Mgmt Lp reported 27,164 shares. Savings Bank Of America Corp De owns 284,427 shares.

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

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