Davidson Investment Advisors raised its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 19.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 160,688 shares of the casino operator’s stock after purchasing an additional 26,227 shares during the quarter. Davidson Investment Advisors’ holdings in Las Vegas Sands Corp. were worth $10,309,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Las Vegas Sands Corp. by 10.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 74,364 shares of the casino operator’s stock valued at $4,771,000 after purchasing an additional 7,070 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in Las Vegas Sands Corp. by 239.1% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 7,800 shares of the casino operator’s stock valued at $500,000 after purchasing an additional 5,500 shares during the last quarter. Systematic Financial Management LP grew its stake in Las Vegas Sands Corp. by 37.1% during the 3rd quarter. Systematic Financial Management LP now owns 36,244 shares of the casino operator’s stock valued at $2,325,000 after purchasing an additional 9,815 shares during the last quarter. Pacer Advisors Inc. grew its stake in Las Vegas Sands Corp. by 7.3% during the 3rd quarter. Pacer Advisors Inc. now owns 41,926 shares of the casino operator’s stock valued at $2,690,000 after purchasing an additional 2,870 shares during the last quarter. Finally, Stephens Inc. AR grew its stake in Las Vegas Sands Corp. by 35.1% during the 3rd quarter. Stephens Inc. AR now owns 5,928 shares of the casino operator’s stock valued at $380,000 after purchasing an additional 1,539 shares during the last quarter. Institutional investors and hedge funds own 37.79% of the company’s stock.

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Several research firms have weighed in on LVS. Stifel Nicolaus reiterated a “buy” rating on shares of Las Vegas Sands Corp. in a research note on Sunday, September 3rd. Zacks Investment Research raised Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a report on Wednesday, November 8th. Deutsche Bank AG boosted their price objective on Las Vegas Sands Corp. from $54.00 to $57.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Nomura boosted their price objective on Las Vegas Sands Corp. from $54.00 to $57.00 and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Telsey Advisory Group boosted their price objective on Las Vegas Sands Corp. from $64.00 to $66.00 and gave the company a “market perform” rating in a report on Thursday, July 27th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $65.31.

In other Las Vegas Sands Corp. news, Director George Jamieson purchased 1,000 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of $66.96 per share, with a total value of $66,960.00. Following the acquisition, the director now owns 6,488 shares of the company’s stock, valued at approximately $434,436.48. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 10.10% of the company’s stock.

Las Vegas Sands Corp. (NYSE:LVS) traded down $0.09 during midday trading on Thursday, reaching $67.70. The company had a trading volume of 1,886,952 shares, compared to its average volume of 3,281,959. The firm has a market cap of $53,586.64, a PE ratio of 24.39 and a beta of 1.78. Las Vegas Sands Corp. has a 12 month low of $51.35 and a 12 month high of $68.41. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 1.38.

Las Vegas Sands Corp. (NYSE:LVS) last released its quarterly earnings results on Wednesday, October 25th. The casino operator reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.10. The company had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Las Vegas Sands Corp. had a return on equity of 31.11% and a net margin of 16.80%. Las Vegas Sands Corp.’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 EPS. equities analysts anticipate that Las Vegas Sands Corp. will post 2.87 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, December 21st will be issued a $0.73 dividend. The ex-dividend date is Wednesday, December 20th. This represents a $2.92 dividend on an annualized basis and a yield of 4.31%. Las Vegas Sands Corp.’s payout ratio is 110.19%.

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.

Institutional Ownership by Quarter for Las Vegas Sands Corp. (NYSE:LVS)

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