2 days Ago By ABMN Staff
Envestnet Portfolio Solutions Inc. increased its holdings in shares of Las Vegas Sands Corp. ( NYSE:LVS – Free Report ) by 10.
4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,023 shares of the casino operator’s stock after acquiring an additional 474 shares during the quarter. Envestnet Portfolio Solutions Inc.
’s holdings in Las Vegas Sands were worth $258,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co.
Ltd. raised its stake in shares of Las Vegas Sands by 32.2% during the 4th quarter.
Mirae Asset Global Investments Co. Ltd. now owns 32,948 shares of the casino operator’s stock worth $1,707,000 after purchasing an additional 8,032 shares during the period.
ARGA Investment Management LP raised its position in Las Vegas Sands by 32.0% in the fourth quarter. ARGA Investment Management LP now owns 6,501,382 shares of the casino operator’s stock worth $333,911,000 after acquiring an additional 1,577,042 shares during the period.
Fisher Asset Management LLC boosted its stake in Las Vegas Sands by 1.2% in the fourth quarter. Fisher Asset Management LLC now owns 13,810,351 shares of the casino operator’s stock valued at $709,300,000 after acquiring an additional 160,711 shares during the last quarter.
World Equity Group Inc. grew its position in shares of Las Vegas Sands by 82.9% during the 4th quarter.
World Equity Group Inc. now owns 25,602 shares of the casino operator’s stock valued at $1,315,000 after acquiring an additional 11,602 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Las Vegas Sands by 19.
9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 50,087 shares of the casino operator’s stock valued at $2,572,000 after acquiring an additional 8,326 shares during the period. Hedge funds and other institutional investors own 39.
16% of the company’s stock. Las Vegas Sands Trading Down 5.4 % Shares of LVS stock opened at $38.
15 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.
74 and a debt-to-equity ratio of 3.35. The firm has a market cap of $27.
31 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 1.41 and a beta of 1.
07. The business has a 50-day moving average price of $43.56 and a two-hundred day moving average price of $47.
70. Las Vegas Sands Corp. has a 12-month low of $36.
62 and a 12-month high of $56.61. Las Vegas Sands Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th.
Investors of record on Monday, February 10th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, February 10th.
This represents a $1.00 annualized dividend and a dividend yield of 2.62%.
This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. Las Vegas Sands’s dividend payout ratio (DPR) is currently 50.
76%. Wall Street Analyst Weigh In Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Las Vegas Sands from $66.
00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Morgan Stanley dropped their price target on Las Vegas Sands from $51.
00 to $49.00 and set an “equal weight” rating on the stock in a research report on Monday, February 24th. Wells Fargo & Company decreased their price objective on Las Vegas Sands from $60.
00 to $59.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Citigroup increased their target price on shares of Las Vegas Sands from $64.
50 to $67.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Jefferies Financial Group raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating and boosted their price target for the company from $60.
00 to $69.00 in a research report on Friday, January 3rd. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company.
According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.42.
View Our Latest Stock Analysis on Las Vegas Sands About Las Vegas Sands ( Free Report ) Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People’s Republic of China; and Marina Bay Sands in Singapore.
Recommended Stories Want to see what other hedge funds are holding LVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Las Vegas Sands Corp. ( NYSE:LVS – Free Report ).
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