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Manufacturers Life Insurance Buys $5.96M Stake in Wynn Resorts

Manulife Financial logoManulife Financial
Sig1.65Sen+1.25Env0.00Soc0.00Gov0.00
Wynn Resorts logoWynn Resorts
Sig1.32Sen+1.08Env0.00Soc0.00Gov0.00

Manufacturers Life Insurance Company bought a new Wynn Resorts position in Q2, purchasing 61,436 shares worth about $5.97 million, adding to other reported institutional buying. Sequoia Financial Advisors LLC increased its stake to 770,178 shares. Wynn Resorts also posted $1.24 EPS for the quarter, beating estimates and reporting revenue up 6.9%, and paid a quarterly dividend in late August.

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