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Hodges Capital boosted Wynn Resorts shares despite the company missing earnings expectations.
Institutional investor Hodges Capital Management Inc. increased its holdings in Wynn Resorts, Ltd. by 1.1% in the fourth quarter, bringing its total to 338,134 shares.
Wynn Resorts reported a quarterly EPS of $0.90, missing expectations by $0.11.
The company has a market cap of $9.54 billion, with a PE ratio of 10.71 and a beta of 1.76.
Analysts on average rate the stock as a "Moderate Buy" with a target price of $117.23.
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Hodges Capital aumentó las acciones de Wynn Resorts a pesar de que la empresa perdió las expectativas de ganancias.