Las Vegas Sands Corp. (NYSE:LVS) has received an average rating of “Buy” from the twenty-two analysts that are covering the firm. Eleven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $56.14.

Several equities research analysts recently weighed in on the company. Deutsche Bank AG reaffirmed a “hold” rating on shares of Las Vegas Sands Corp. in a report on Friday, September 16th. Credit Agricole SA increased their price target on Las Vegas Sands Corp. from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Monday. Argus raised Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and increased their price target for the stock from $56.54 to $67.00 in a report on Wednesday, September 14th. Citigroup Inc. reissued a “buy” rating and issued a $62.00 target price on shares of Las Vegas Sands Corp. in a report on Wednesday, September 14th. Finally, Stifel Nicolaus raised their target price on Las Vegas Sands Corp. from $56.00 to $61.00 and gave the company a “buy” rating in a report on Thursday, September 8th.

Several hedge funds have recently modified their holdings of the company. Steinberg Global Asset Management boosted its stake in shares of Las Vegas Sands Corp. by 16.3% in the first quarter. Steinberg Global Asset Management now owns 9,581 shares of the casino operator’s stock worth $495,000 after buying an additional 1,343 shares during the last quarter. AMP Capital Investors Ltd boosted its stake in shares of Las Vegas Sands Corp. by 38.6% in the first quarter. AMP Capital Investors Ltd now owns 187,685 shares of the casino operator’s stock worth $9,803,000 after buying an additional 52,227 shares during the last quarter. Grimes & Company Inc. boosted its stake in shares of Las Vegas Sands Corp. by 2.4% in the second quarter. Grimes & Company Inc. now owns 99,823 shares of the casino operator’s stock worth $4,341,000 after buying an additional 2,348 shares during the last quarter. HBK Investments L P purchased a new stake in shares of Las Vegas Sands Corp. during the first quarter worth about $842,000. Finally, TD Asset Management Inc. boosted its stake in shares of Las Vegas Sands Corp. by 4.9% in the second quarter. TD Asset Management Inc. now owns 171,783 shares of the casino operator’s stock worth $7,471,000 after buying an additional 8,030 shares during the last quarter. Institutional investors and hedge funds own 37.88% of the company’s stock.

Shares of Las Vegas Sands Corp. (NYSE:LVS) opened at 56.76 on Monday. The stock has a market cap of $45.10 billion, a price-to-earnings ratio of 27.63 and a beta of 2.09. The stock’s 50 day moving average is $53.32 and its 200-day moving average is $49.11. Las Vegas Sands Corp. has a 12-month low of $34.88 and a 12-month high of $58.65.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings results on Monday, July 25th. The casino operator reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.04. Las Vegas Sands Corp. had a return on equity of 22.12% and a net margin of 14.69%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the business earned $0.60 earnings per share. Las Vegas Sands Corp.’s revenue for the quarter was down 9.3% compared to the same quarter last year. Equities analysts anticipate that Las Vegas Sands Corp. will post $2.20 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 22nd will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date is Tuesday, September 20th. Las Vegas Sands Corp.’s payout ratio is currently 140.49%.

About Las Vegas Sands Corp.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.

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