Manufacturers Life Insurance Buys $5.96M Stake in Wynn Resorts
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.