Las Vegas Sands Corp. (NYSE:LVS) had its target price raised by Credit Agricole SA from $50.00 to $58.00 in a research note issued to investors on Monday. They currently have an outperform rating on the casino operator’s stock.

LVS has been the subject of a number of other research reports. Wells Fargo & Co. reaffirmed a market perform rating on shares of Las Vegas Sands Corp. in a research report on Tuesday, July 5th. Vetr lowered shares of Las Vegas Sands Corp. from a buy rating to a hold rating and set a $48.18 price objective for the company. in a research report on Wednesday, June 1st. Argus raised shares of Las Vegas Sands Corp. from a hold rating to a buy rating and upped their target price for the company from $56.54 to $67.00 in a research note on Wednesday, September 14th. Buckingham Research initiated coverage on shares of Las Vegas Sands Corp. in a research note on Thursday, August 11th. They issued a neutral rating and a $55.00 target price on the stock. Finally, Zacks Investment Research raised shares of Las Vegas Sands Corp. from a sell rating to a hold rating in a research note on Thursday, July 14th. Eleven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $54.29.

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

Las Vegas Sands Corp. (NYSE:LVS) last announced its quarterly earnings data on Monday, July 25th. The casino operator reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.04. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.76 billion. Las Vegas Sands Corp. had a net margin of 14.69% and a return on equity of 22.12%. The firm’s quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Equities analysts forecast 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. Shareholders of record on Thursday, September 22nd will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, September 20th. This represents a $2.88 annualized dividend and a yield of 5.07%. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is presently 140.49%.

Large investors have recently bought and sold shares of the company. CWM LLC raised its stake in Las Vegas Sands Corp. by 0.4% in the second quarter. CWM LLC now owns 12,799 shares of the casino operator’s stock valued at $557,000 after buying an additional 48 shares during the period. Prudential Financial Inc. raised its stake in Las Vegas Sands Corp. by 0.3% in the first quarter. Prudential Financial Inc. now owns 30,423 shares of the casino operator’s stock valued at $1,573,000 after buying an additional 100 shares during the period. Chesley Taft & Associates LLC raised its stake in Las Vegas Sands Corp. by 0.9% in the second quarter. Chesley Taft & Associates LLC now owns 16,200 shares of the casino operator’s stock valued at $705,000 after buying an additional 150 shares during the period. Narwhal Capital Management raised its stake in Las Vegas Sands Corp. by 1.9% in the second quarter. Narwhal Capital Management now owns 11,000 shares of the casino operator’s stock valued at $478,000 after buying an additional 200 shares during the period. Finally, Toronto Dominion Bank raised its stake in Las Vegas Sands Corp. by 1.0% in the second quarter. Toronto Dominion Bank now owns 22,403 shares of the casino operator’s stock valued at $980,000 after buying an additional 219 shares during the period. Institutional investors own 37.88% of the company’s stock.

Las Vegas Sands Corp. Company Profile

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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