** Shares of Wynn Macau 1128.HK fall 5.1% to HK$5.8, on track for the biggest one-day pct drop since November 21

** Controlling shareholder Wynn Resorts WYNN.O - in Macau operations, Wynn Macau's operating revenues increased to $371.3 mln in Q4 2025 from $363.7 mln the same period a year ago, and Wynn Palace's operating revenues rose $596.4 mln from $562.9 mln a year ago

** Citi maintains "buy" on the stock but lowers target price to HK$7.55 from HK$7.90 to reflect the latest operating trends and 4Q25 results miss with adjusted property EBITDA below estimate

** Jefferies, with "buy" rating, says Wynn Macau's 4Q25 sales and adj EBITDA were in line with estimates

** Rivals' shares also fall, with Galaxy 0027.HK, Sands China 1928.HK, SJM 0880.HK, MGM China 2282.HK and Melco 0200.HK down between 0.7% and 5.6%

** YTD, Wynn Macau stock down 1.5%, while benchmark Hang Seng Index .HSI up 3.6%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))