Red Rock Ownership
| RRR Stock | USD 50.03 0.34 0.68% |
Shares in Circulation | First Issued 2014-09-30 | Previous Quarter 60.7 M | Current Value 103.7 M | Avarage Shares Outstanding 88 M | Quarterly Volatility 30.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
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Red Stock Ownership Analysis
About 86.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 16th of December 2024. Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada. Red Rock operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 7800 people. To find out more about Red Rock Resorts contact Frank III at 702 495 3000 or learn more at https://www.redrockresorts.com.Besides selling stocks to institutional investors, Red Rock also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Red Rock's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Red Rock's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Red Rock Quarterly Liabilities And Stockholders Equity |
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Red Rock Insider Trades History
About 8.0% of Red Rock Resorts are currently held by insiders. Unlike Red Rock's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Red Rock's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Red Rock's insider trades
Red Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Red Rock is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Red Rock Resorts backward and forwards among themselves. Red Rock's institutional investor refers to the entity that pools money to purchase Red Rock's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 1.1 M | Franklin Resources Inc | 2024-06-30 | 996.1 K | Citadel Advisors Llc | 2024-06-30 | 816.4 K | Macquarie Group Ltd | 2024-06-30 | 806.9 K | Amvescap Plc. | 2024-06-30 | 616.5 K | Long Pond Capital, Lp | 2024-09-30 | 607.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 577.1 K | Northern Trust Corp | 2024-09-30 | 527.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 490.4 K | Bamco Inc | 2024-06-30 | 10.5 M | Vanguard Group Inc | 2024-09-30 | 5.1 M |
Red Rock Resorts Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Red Rock insiders, such as employees or executives, is commonly permitted as long as it does not rely on Red Rock's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Red Rock insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Red Rock Outstanding Bonds
Red Rock issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Red Rock Resorts uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Red bonds can be classified according to their maturity, which is the date when Red Rock Resorts has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Red Rock Corporate Filings
| 14th of November 2024 Other Reports | ViewVerify | |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Red Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Red Stock
| 0.59 | KRUS | Kura Sushi USA | PairCorr |
| 0.58 | PLYA | Playa Hotels Resorts | PairCorr |
| 0.54 | BYD | Boyd Gaming | PairCorr |
| 0.49 | WEN | The Wendys Potential Growth | PairCorr |
| 0.49 | PRKS | United Parks Resorts Symbol Change | PairCorr |
The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.
The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Red Stock Analysis
When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.