1 week Ago By ABMN Staff
Oregon Public Employees Retirement Fund lessened its stake in shares of Las Vegas Sands Corp. ( NYSE:LVS – Free Report ) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 31,303 shares of the casino operator’s stock after selling 300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Las Vegas Sands were worth $1,385,000 at the end of the most recent reporting period. Other large investors have also modified their holdings of the company.
Bank & Trust Co purchased a new stake in Las Vegas Sands in the second quarter valued at $29,000. Accent Capital Management LLC acquired a new stake in shares of Las Vegas Sands during the fourth quarter worth about $39,000. Fidelis Capital Partners LLC purchased a new stake in shares of Las Vegas Sands in the 1st quarter valued at about $43,000.
Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Las Vegas Sands by 93.2% in the 2nd quarter.
Migdal Insurance & Financial Holdings Ltd. now owns 906 shares of the casino operator’s stock valued at $40,000 after purchasing an additional 437 shares during the period. Finally, Western Pacific Wealth Management LP grew its stake in Las Vegas Sands by 53.
5% during the 1st quarter. Western Pacific Wealth Management LP now owns 970 shares of the casino operator’s stock worth $50,000 after buying an additional 338 shares during the last quarter. Institutional investors and hedge funds own 39.
16% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities research analysts have weighed in on the company. StockNews.
com cut Las Vegas Sands from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Jefferies Financial Group decreased their price target on shares of Las Vegas Sands from $53.00 to $47.
00 and set a “hold” rating for the company in a research note on Thursday, July 11th. Stifel Nicolaus dropped their price objective on shares of Las Vegas Sands from $65.00 to $55.
00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Las Vegas Sands from $61.00 to $55.
00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Finally, Susquehanna lowered their price target on Las Vegas Sands from $59.00 to $51.
00 and set a “positive” rating on the stock in a report on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $55.
25. Las Vegas Sands Price Performance Shares of LVS opened at $39.70 on Friday.
The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 3.
29. The stock’s 50 day moving average is $40.37 and its two-hundred day moving average is $45.
47. Las Vegas Sands Corp. has a twelve month low of $36.
62 and a twelve month high of $55.65. The firm has a market capitalization of $29.
58 billion, a PE ratio of 19.18, a P/E/G ratio of 1.07 and a beta of 1.
11. Las Vegas Sands ( NYSE:LVS – Get Free Report ) last posted its quarterly earnings results on Wednesday, July 24th. The casino operator reported $0.
55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01).
Las Vegas Sands had a net margin of 14.08% and a return on equity of 44.41%.
The business had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.82 billion.
During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s quarterly revenue was up 8.
6% compared to the same quarter last year. Research analysts anticipate that Las Vegas Sands Corp. will post 2.
45 earnings per share for the current year. Las Vegas Sands Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Tuesday, August 6th were paid a dividend of $0.
20 per share. The ex-dividend date was Tuesday, August 6th. This represents a $0.
80 dividend on an annualized basis and a dividend yield of 2.02%. Las Vegas Sands’s dividend payout ratio (DPR) is presently 38.
65%. 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. Read More 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.
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