Toronto Dominion Bank increased its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 47.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 36,730 shares of the casino operator’s stock after purchasing an additional 11,852 shares during the period. Toronto Dominion Bank’s holdings in Las Vegas Sands Corp. were worth $2,359,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Global X Management Co. LLC grew its holdings in Las Vegas Sands Corp. by 8.3% during the second quarter. Global X Management Co. LLC now owns 1,653 shares of the casino operator’s stock worth $106,000 after purchasing an additional 126 shares during the period. Ffcm LLC grew its holdings in Las Vegas Sands Corp. by 90.9% during the second quarter. Ffcm LLC now owns 2,436 shares of the casino operator’s stock worth $153,000 after purchasing an additional 1,160 shares during the period. State of Alaska Department of Revenue grew its holdings in Las Vegas Sands Corp. by 24.4% during the second quarter. State of Alaska Department of Revenue now owns 2,603 shares of the casino operator’s stock worth $166,000 after purchasing an additional 510 shares during the period. Lee Financial Co grew its holdings in Las Vegas Sands Corp. by 1.4% during the second quarter. Lee Financial Co now owns 3,091 shares of the casino operator’s stock worth $197,000 after purchasing an additional 43 shares during the period. Finally, Chase Investment Counsel Corp bought a new position in Las Vegas Sands Corp. during the third quarter worth about $200,000. Institutional investors and hedge funds own 37.79% of the company’s stock.

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In other Las Vegas Sands Corp. news, Director George Jamieson acquired 1,000 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Tuesday, November 14th. The shares were bought at an average price of $66.96 per share, with a total value of $66,960.00. Following the completion of the purchase, the director now directly owns 6,488 shares in the company, valued at approximately $434,436.48. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.10% of the company’s stock.

Several brokerages have issued reports on LVS. Zacks Investment Research upgraded shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a research report on Wednesday, November 8th. Morgan Stanley upgraded shares of Las Vegas Sands Corp. from an “equal weight” rating to an “overweight” rating and set a $65.00 price objective for the company in a research report on Monday, November 6th. Roth Capital began coverage on shares of Las Vegas Sands Corp. in a research report on Wednesday, October 25th. They set a “buy” rating and a $69.00 price objective for the company. Nomura raised their price objective on shares of Las Vegas Sands Corp. from $54.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Finally, Gabelli raised their price objective on shares of Las Vegas Sands Corp. from $60.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $65.31.

Shares of Las Vegas Sands Corp. (NYSE LVS) opened at $67.79 on Wednesday. The firm has a market cap of $53,025.40, a price-to-earnings ratio of 24.13 and a beta of 1.78. Las Vegas Sands Corp. has a one year low of $51.35 and a one year high of $68.41. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.05 and a current ratio of 1.07.

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

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

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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