Janus Henderson Group PLC increased its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 183.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,241,450 shares of the casino operator’s stock after purchasing an additional 2,095,879 shares during the period. Janus Henderson Group PLC owned approximately 0.41% of Las Vegas Sands Corp. worth $207,090,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LVS. Empire Life Investments Inc. lifted its position in shares of Las Vegas Sands Corp. by 23.1% during the 1st quarter. Empire Life Investments Inc. now owns 56,634 shares of the casino operator’s stock worth $2,810,000 after purchasing an additional 10,629 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Las Vegas Sands Corp. by 63.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 12,707 shares of the casino operator’s stock worth $726,000 after purchasing an additional 4,952 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Las Vegas Sands Corp. by 13.5% during the 1st quarter. Nordea Investment Management AB now owns 14,216 shares of the casino operator’s stock worth $811,000 after purchasing an additional 1,691 shares during the last quarter. Prudential Financial Inc. lifted its position in shares of Las Vegas Sands Corp. by 113.6% during the 1st quarter. Prudential Financial Inc. now owns 92,325 shares of the casino operator’s stock worth $5,269,000 after purchasing an additional 49,102 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Las Vegas Sands Corp. by 61.3% during the 1st quarter. Victory Capital Management Inc. now owns 147,343 shares of the casino operator’s stock worth $8,409,000 after purchasing an additional 56,019 shares during the last quarter. 38.01% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on the company. Instinet reissued a “neutral” rating and set a $54.00 price objective (up previously from $50.00) on shares of Las Vegas Sands Corp. in a research report on Monday, June 19th. Stifel Nicolaus reissued a “buy” rating on shares of Las Vegas Sands Corp. in a research report on Sunday, September 3rd. Wells Fargo & Company reissued a “neutral” rating on shares of Las Vegas Sands Corp. in a research report on Tuesday, July 4th. Deutsche Bank AG reissued a “hold” rating and set a $54.00 price objective (up previously from $52.00) on shares of Las Vegas Sands Corp. in a research report on Thursday, July 27th. Finally, Bank of America Corporation reissued a “buy” rating and set a $67.00 price objective (up previously from $65.00) on shares of Las Vegas Sands Corp. in a research report on Friday, July 21st. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $64.14.

Las Vegas Sands Corp. (NYSE LVS) traded down 1.20% during midday trading on Friday, hitting $64.26. The stock had a trading volume of 2,792,674 shares. Las Vegas Sands Corp. has a 1-year low of $51.35 and a 1-year high of $66.22. The company’s 50 day moving average is $62.89 and its 200 day moving average is $60.83. The company has a market cap of $50.89 billion, a price-to-earnings ratio of 25.00 and a beta of 1.76.

Las Vegas Sands Corp. (NYSE:LVS) last released its quarterly earnings results on Wednesday, July 26th. The casino operator reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.14. Las Vegas Sands Corp. had a net margin of 16.66% and a return on equity of 29.91%. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the previous year, the business earned $0.52 earnings per share. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. On average, equities analysts anticipate that Las Vegas Sands Corp. will post $2.75 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, September 21st were given a $0.73 dividend. The ex-dividend date was Wednesday, September 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.54%. Las Vegas Sands Corp.’s payout ratio is 113.18%.

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Las Vegas Sands Corp. Profile

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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