Numeric Investors LLC Takes Position in Red Rock Resorts, Inc. (RRR)

Numeric Investors LLC bought a new stake in shares of Red Rock Resorts, Inc. (NASDAQ:RRR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 14,500 shares of the company’s stock, valued at approximately $341,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RRR. Vanguard Group Inc. boosted its holdings in shares of Red Rock Resorts by 16.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,831,772 shares of the company’s stock valued at $113,788,000 after buying an additional 666,099 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in shares of Red Rock Resorts by 5.2% in 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 buying an additional 226,988 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Red Rock Resorts by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,450,279 shares of the company’s stock valued at $81,254,000 after buying an additional 58,707 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Red Rock Resorts by 4.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,751,102 shares of the company’s stock valued at $38,840,000 after buying an additional 74,797 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Red Rock Resorts by 15.2% in the 2nd quarter. Victory Capital Management Inc. now owns 1,730,982 shares of the company’s stock valued at $40,765,000 after buying an additional 228,850 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors and hedge funds.

WARNING: “Numeric Investors LLC Takes Position in Red Rock Resorts, Inc. (RRR)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/17/numeric-investors-llc-takes-position-in-red-rock-resorts-inc-rrr.html.

RRR has been the topic of a number of recent analyst reports. Stifel Nicolaus restated a “buy” rating and issued a $28.00 price target (up from $27.00) on shares of Red Rock Resorts in a report on Tuesday, October 10th. Zacks Investment Research cut shares of Red Rock Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. SunTrust Banks, Inc. initiated coverage on shares of Red Rock Resorts in a report on Thursday, September 14th. They issued a “buy” rating and a $26.00 price target on the stock. BidaskClub cut shares of Red Rock Resorts from a “sell” rating to a “strong sell” rating in a report on Friday, September 15th. Finally, ValuEngine upgraded shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $26.06.

Shares of Red Rock Resorts, Inc. (

A number of other hedge funds and other institutional investors have also bought and sold shares of RRR. Vanguard Group Inc. boosted its holdings in shares of Red Rock Resorts by 16.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,831,772 shares of the company’s stock valued at $113,788,000 after buying an additional 666,099 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in shares of Red Rock Resorts by 5.2% in 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 buying an additional 226,988 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Red Rock Resorts by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,450,279 shares of the company’s stock valued at $81,254,000 after buying an additional 58,707 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Red Rock Resorts by 4.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,751,102 shares of the company’s stock valued at $38,840,000 after buying an additional 74,797 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Red Rock Resorts by 15.2% in the 2nd quarter. Victory Capital Management Inc. now owns 1,730,982 shares of the company’s stock valued at $40,765,000 after buying an additional 228,850 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors and hedge funds.

WARNING: “Numeric Investors LLC Takes Position in Red Rock Resorts, Inc. (RRR)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/17/numeric-investors-llc-takes-position-in-red-rock-resorts-inc-rrr.html.

RRR has been the topic of a number of recent analyst reports. Stifel Nicolaus restated a “buy” rating and issued a $28.00 price target (up from $27.00) on shares of Red Rock Resorts in a report on Tuesday, October 10th. Zacks Investment Research cut shares of Red Rock Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. SunTrust Banks, Inc. initiated coverage on shares of Red Rock Resorts in a report on Thursday, September 14th. They issued a “buy” rating and a $26.00 price target on the stock. BidaskClub cut shares of Red Rock Resorts from a “sell” rating to a “strong sell” rating in a report on Friday, September 15th. Finally, ValuEngine upgraded shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $26.06.

Shares of Red Rock Resorts, Inc. (NASDAQ RRR) opened at 24.00 on Tuesday. The company has a 50-day moving average of $23.08 and a 200-day moving average of $23.23. The firm has a market capitalization of $1.63 billion, a PE ratio of 61.07 and a beta of 0.70. Red Rock Resorts, Inc. has a 1-year low of $20.87 and a 1-year high of $24.94.

Red Rock Resorts Profile

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.

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Institutional Ownership by Quarter for Red Rock Resorts (NASDAQ:RRR)

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