$RRR

The State of Alaska Department of Revenue significantly increased its stake in Red Rock Resorts, Inc. (NASDAQ:RRR) by 1,111.8% in the fourth quarter, now holding 38,815 shares valued at approximately $2.40 million. This move comes as Red Rock Resorts beat quarterly earnings estimates and maintains a "Moderate Buy" consensus rating from Wall Street analysts with an average price target of $71.36. Other institutional investors also adjusted their holdings, with the company paying a quarterly dividend of $0.26 per share.