Traders sold shares of Las Vegas Sands Corp. (NYSE:LVS) on strength during trading hours on Monday. $20.73 million flowed into the stock on the tick-up and $49.57 million flowed out of the stock on the tick-down, for a money net flow of $28.84 million out of the stock. Of all companies tracked, Las Vegas Sands Corp. had the 17th highest net out-flow for the day. Las Vegas Sands Corp. traded up $1.13 for the day and closed at $60.79

Several equities research analysts recently issued reports on LVS shares. Stifel Nicolaus upped their price target on Las Vegas Sands Corp. from $63.00 to $66.00 and gave the company a “buy” rating in a research report on Thursday, April 27th. CLSA reaffirmed a “buy” rating on shares of Las Vegas Sands Corp. in a research report on Thursday, April 27th. Susquehanna Bancshares Inc reaffirmed a “buy” rating and issued a $69.00 target price on shares of Las Vegas Sands Corp. in a research report on Friday, April 28th. Aegis reaffirmed a “buy” rating and issued a $60.00 target price (up from $59.00) on shares of Las Vegas Sands Corp. in a research report on Sunday, April 23rd. Finally, Vetr raised Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $63.09 target price on the stock in a research report on Wednesday, May 31st. Ten analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Las Vegas Sands Corp. currently has a consensus rating of “Buy” and a consensus price target of $63.10.

The stock has a market capitalization of $48.15 billion, a price-to-earnings ratio of 23.65 and a beta of 1.81. The firm’s 50-day moving average is $61.96 and its 200 day moving average is $58.38.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings data on Wednesday, July 26th. The casino operator reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.14. Las Vegas Sands Corp. had a return on equity of 29.91% and a net margin of 16.66%. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the previous year, the company posted $0.52 EPS. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. Equities analysts forecast that Las Vegas Sands Corp. will post $2.74 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 21st will be given a $0.73 dividend. The ex-dividend date is Wednesday, September 20th. This represents a $2.92 annualized dividend and a yield of 4.80%. Las Vegas Sands Corp.’s payout ratio is 113.18%.

Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its stake in Las Vegas Sands Corp. by 55.9% in the first quarter. Ameriprise Financial Inc. now owns 2,418,814 shares of the casino operator’s stock worth $138,022,000 after buying an additional 867,643 shares during the last quarter. United Services Automobile Association increased its stake in Las Vegas Sands Corp. by 27.5% in the first quarter. United Services Automobile Association now owns 594,863 shares of the casino operator’s stock worth $33,949,000 after buying an additional 128,315 shares during the last quarter. Knights of Columbus Asset Advisors LLC purchased a new stake in Las Vegas Sands Corp. during the first quarter worth $1,039,000. Kings Point Capital Management increased its stake in Las Vegas Sands Corp. by 50.0% in the first quarter. Kings Point Capital Management now owns 84,758 shares of the casino operator’s stock worth $4,837,000 after buying an additional 28,266 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in Las Vegas Sands Corp. by 1.5% in the first quarter. Legal & General Group Plc now owns 1,768,012 shares of the casino operator’s stock worth $100,899,000 after buying an additional 26,259 shares during the last quarter. Institutional investors own 38.52% of the company’s stock.

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About Las Vegas Sands Corp.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature 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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