Goldman Sachs Group Inc. raised its holdings in shares of Red Rock Resorts, Inc. (NASDAQ:RRR) by 1.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,773,069 shares of the company’s stock after buying an additional 21,967 shares during the period. Goldman Sachs Group Inc. owned about 2.70% of Red Rock Resorts worth $41,756,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp lifted its position in shares of Red Rock Resorts by 100.9% in the 1st quarter. Fifth Third Bancorp now owns 5,022 shares of the company’s stock valued at $111,000 after acquiring an additional 2,522 shares in the last quarter. Advisor Group Inc. lifted its position in shares of Red Rock Resorts by 7,476.6% in the 2nd quarter. Advisor Group Inc. now owns 8,107 shares of the company’s stock valued at $191,000 after acquiring an additional 8,000 shares in the last quarter. UBS Group AG lifted its position in shares of Red Rock Resorts by 340.6% in the 1st quarter. UBS Group AG now owns 8,698 shares of the company’s stock valued at $193,000 after acquiring an additional 6,724 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Red Rock Resorts by 123.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,521 shares of the company’s stock valued at $201,000 after acquiring an additional 4,705 shares in the last quarter. Finally, Amalgamated Bank purchased a new stake in shares of Red Rock Resorts in the 2nd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

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Several brokerages recently commented on RRR. Zacks Investment Research downgraded shares of Red Rock Resorts from a “hold” rating to a “strong sell” rating in a research report on Friday, August 11th. BidaskClub upgraded shares of Red Rock Resorts from a “strong sell” rating to a “sell” rating in a research report on Friday, September 22nd. ValuEngine upgraded shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Stifel Nicolaus restated a “buy” rating and issued a $27.00 price target on shares of Red Rock Resorts in a research report on Friday, July 14th. Finally, SunTrust Banks, Inc. assumed coverage on shares of Red Rock Resorts in a research report on Thursday, September 14th. They issued a “buy” rating and a $26.00 price target for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. Red Rock Resorts currently has an average rating of “Buy” and a consensus target price of $26.25.

Shares of Red Rock Resorts, Inc. (NASDAQ:RRR) opened at 23.64 on Friday. The stock has a market cap of $1.60 billion, a P/E ratio of 60.15 and a beta of 0.70. Red Rock Resorts, Inc. has a 52-week low of $21.07 and a 52-week high of $24.67. The firm has a 50-day moving average of $23.15 and a 200-day moving average of $23.15.

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.

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

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