Red Rock Resorts, Inc. (RRR) President Richard J. Haskins Purchases 687 Shares of Stock

Red Rock Resorts, Inc. (NASDAQ:RRR) President Richard J. Haskins bought 687 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The stock was purchased at an average cost of $23.46 per share, for a total transaction of $16,117.02. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.truebluetribune.com/2017/10/13/red-rock-resorts-inc-rrr-president-richard-j-haskins-purchases-687-shares-of-stock.html.

RRR has been the topic of several research reports. Zacks Investment Research downgraded Red Rock Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. SunTrust Banks, Inc. initiated coverage on Red Rock Resorts in a research report on Thursday, September 14th. They issued a “buy” rating and a $26.00 target price on the stock. BidaskClub downgraded Red Rock Resorts from a “sell” rating to a “strong sell” rating in a research report on Friday, September 15th. Stifel Nicolaus reiterated a “buy” rating and issued a $27.00 price target on shares of Red Rock Resorts in a research note on Friday, July 14th. Finally, ValuEngine upgraded Red Rock Resorts from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $26.39.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bamco Inc. NY grew its position in shares of Red Rock Resorts by 28.8% during the 2nd quarter. Bamco Inc. NY now owns 5,545,089 shares of the company’s stock valued at $130,587,000 after purchasing an additional 1,239,693 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Red Rock Resorts by 16.0% during the 2nd quarter. Vanguard Group Inc. now owns 4,831,772 shares of the company’s stock valued at $113,788,000 after purchasing an additional 666,099 shares in the last quarter. Diamond Hill Capital Management Inc. grew its position in shares of Red Rock Resorts by 5.2% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 4,593,762 shares of the company’s stock valued at $108,183,000 after purchasing an additional 226,988 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Red Rock Resorts by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,450,279 shares of the company’s stock valued at $81,254,000 after purchasing an additional 58,707 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Red Rock Resorts by 1.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,773,069 shares of the company’s stock valued at $41,756,000 after purchasing an additional 21,967 shares in the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

About Red Rock Resorts

Red Rock Resorts, Inc is a gaming, development and management company. The Company’s segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements.

Receive News & Ratings for Red Rock Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Rock Resorts Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply