Vaughan Nelson cut its stake in Red Rock Resorts, which announced a $0.25 dividend, by over 80,000 shares.

Investment firm Vaughan Nelson reduced its shares of Red Rock Resorts (NASDAQ: RRR) by 81,980, still owning 1.06% of the company. The stock, valued at $5.37 billion, has a "Moderate Buy" rating and a $61.50 price target. Red Rock Resorts announced a $0.25 quarterly dividend, to be paid on December 31st. The company, which operates casino and entertainment properties, saw a 16.8% rise in short interest in October, with 5.4% of shares currently short sold.

November 17, 2024
3 Articles