BNY Mellon Adds Wynn Resorts Shares as Forecasts Rise and Dividend Increases
Bank of New York Mellon disclosed a new position in Wynn Resorts, buying 472,117 shares worth about $45.8M. Other managers also added stakes. Zacks raised Wynn Resorts’ EPS forecasts across multiple future quarters and years, while Wells Fargo cut its price target but maintained an overweight rating. Wynn Macau increased its interim dividend to US$0.028 per share.