Delos Wealth Advisors LLC Purchases Shares of 675 Las Vegas Sands Corp. (NYSE:LVS)

Delos Wealth Advisors LLC purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 675 shares of the casino operator’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LVS. Waldron Private Wealth LLC increased its position in shares of Las Vegas Sands by 1.9% during the fourth quarter. Waldron Private Wealth LLC now owns 12,361 shares of the casino operator’s stock worth $608,000 after purchasing an additional 232 shares in the last quarter. New York Life Investment Management LLC increased its position in shares of Las Vegas Sands by 0.7% during the third quarter. New York Life Investment Management LLC now owns 47,237 shares of the casino operator’s stock worth $2,165,000 after purchasing an additional 306 shares in the last quarter. M&T Bank Corp increased its position in shares of Las Vegas Sands by 1.4% during the third quarter. M&T Bank Corp now owns 29,896 shares of the casino operator’s stock worth $1,370,000 after purchasing an additional 400 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Las Vegas Sands by 150.4% during the fourth quarter. Venturi Wealth Management LLC now owns 681 shares of the casino operator’s stock worth $34,000 after purchasing an additional 409 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of Las Vegas Sands by 6.0% during the fourth quarter. Apollon Wealth Management LLC now owns 7,442 shares of the casino operator’s stock worth $366,000 after purchasing an additional 424 shares in the last quarter. 39.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Las Vegas Sands

In other news, CEO Robert G. Goldstein sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $52.06, for a total transaction of $5,206,000.00. Following the sale, the chief executive officer now owns 172,801 shares of the company’s stock, valued at approximately $8,996,020.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Las Vegas Sands Stock Performance

LVS traded up $0.45 during trading on Thursday, reaching $47.22. The company’s stock had a trading volume of 3,230,710 shares, compared to its average volume of 4,809,412. The company’s fifty day moving average price is $49.94 and its 200-day moving average price is $49.69. The company has a market capitalization of $35.18 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 0.87 and a beta of 1.18. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.29 and a current ratio of 1.30. Las Vegas Sands Corp. has a 52-week low of $43.77 and a 52-week high of $63.51.

Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings results on Wednesday, April 17th. The casino operator reported $0.75 EPS for the quarter, topping the consensus estimate of $0.62 by $0.13. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.94 billion. Las Vegas Sands had a return on equity of 42.34% and a net margin of 13.99%. The company’s quarterly revenue was up 34.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 EPS. On average, equities analysts forecast that Las Vegas Sands Corp. will post 2.63 earnings per share for the current fiscal year.

Las Vegas Sands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Monday, May 6th. Las Vegas Sands’s dividend payout ratio (DPR) is 38.65%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Barclays cut their target price on Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating on the stock in a research report on Thursday, April 18th. Jefferies Financial Group dropped their price target on Las Vegas Sands from $54.00 to $53.00 and set a “hold” rating on the stock in a research report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft dropped their price target on Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. JPMorgan Chase & Co. dropped their price target on Las Vegas Sands from $59.00 to $55.00 and set an “overweight” rating on the stock in a research report on Thursday, April 18th. Finally, Citigroup boosted their price target on Las Vegas Sands from $74.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $63.46.

About Las Vegas Sands

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.