Deutsche Bank AG reaffirmed their hold rating on shares of Las Vegas Sands Corp. (NYSE:LVS) in a research report released on Friday morning.

Other analysts have also issued research reports about the company. Wells Fargo & Co. reissued a hold rating on shares of Las Vegas Sands Corp. in a research report on Saturday, June 4th. JPMorgan Chase & Co. reissued a hold rating on shares of Las Vegas Sands Corp. in a research report on Sunday, July 17th. Barclays PLC set a $49.00 target price on Las Vegas Sands Corp. and gave the company a hold rating in a research report on Wednesday, July 27th. Zacks Investment Research raised Las Vegas Sands Corp. from a sell rating to a hold rating in a research report on Thursday, July 14th. Finally, Telsey Advisory Group boosted their target price on Las Vegas Sands Corp. from $47.00 to $50.00 and gave the company a market perform rating in a research report on Tuesday, July 26th. Eleven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Las Vegas Sands Corp. currently has an average rating of Buy and an average price target of $54.29.

Shares of Las Vegas Sands Corp. (NYSE:LVS) opened at 56.28 on Friday. The stock has a 50 day moving average price of $53.12 and a 200-day moving average price of $49.05. The firm has a market cap of $44.72 billion, a PE ratio of 27.40 and a beta of 2.09. Las Vegas Sands Corp. has a 52-week low of $34.88 and a 52-week high of $58.65.

Las Vegas Sands Corp. (NYSE:LVS) last announced its earnings results on Monday, July 25th. The casino operator reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by $0.04. The firm earned $2.65 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 EPS. On average, equities analysts anticipate that Las Vegas Sands Corp. will post $2.20 EPS for the current fiscal year.

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 5.12%. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is presently 140.49%.

Several institutional investors have recently made changes to their positions in LVS. Pinkerton Retirement Specialists LLC bought a new position in shares of Las Vegas Sands Corp. during the second quarter worth $119,000. Seven Bridges Advisors LLC raised its position in shares of Las Vegas Sands Corp. by 45.8% in the second quarter. Seven Bridges Advisors LLC now owns 2,728 shares of the casino operator’s stock worth $119,000 after buying an additional 857 shares during the period. Assetmark Inc. raised its position in shares of Las Vegas Sands Corp. by 10.6% in the second quarter. Assetmark Inc. now owns 3,069 shares of the casino operator’s stock worth $133,000 after buying an additional 293 shares during the period. Americafirst Capital Management LLC bought a new position in shares of Las Vegas Sands Corp. during the second quarter worth $181,000. Finally, Bellwether Investment Group LLC bought a new position in shares of Las Vegas Sands Corp. during the second quarter worth $186,000. 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.

5 Day Chart for NYSE:LVS

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