BT Investment Management Ltd lifted its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 309,843 shares of the casino operator’s stock after purchasing an additional 26,952 shares during the period. BT Investment Management Ltd’s holdings in Las Vegas Sands Corp. were worth $19,940,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LVS. Global X Management Co. LLC lifted its position in shares of Las Vegas Sands Corp. by 8.3% during the 2nd 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 last quarter. Ffcm LLC raised its stake in Las Vegas Sands Corp. by 90.9% during the 2nd quarter. Ffcm LLC now owns 2,436 shares of the casino operator’s stock worth $153,000 after acquiring an additional 1,160 shares in the last quarter. State of Alaska Department of Revenue raised its stake in Las Vegas Sands Corp. by 24.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,603 shares of the casino operator’s stock worth $166,000 after acquiring an additional 510 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in Las Vegas Sands Corp. by 143.6% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,731 shares of the casino operator’s stock worth $174,000 after acquiring an additional 1,610 shares in the last quarter. Finally, Lee Financial Co raised its stake in Las Vegas Sands Corp. by 1.4% during the 2nd quarter. Lee Financial Co now owns 3,091 shares of the casino operator’s stock worth $197,000 after acquiring an additional 43 shares in the last quarter. 38.27% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently commented on LVS. Zacks Investment Research lowered shares of Las Vegas Sands Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Nomura lifted their price target on shares of Las Vegas Sands Corp. from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Gabelli lifted their price target on shares of Las Vegas Sands Corp. from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Deutsche Bank AG lifted their price objective on shares of Las Vegas Sands Corp. from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Finally, Morgan Stanley lifted their price objective on shares of Las Vegas Sands Corp. from $63.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $65.04.

Las Vegas Sands Corp. (NYSE LVS) traded up $0.98 during trading hours on Friday, hitting $65.88. 3,401,854 shares of the stock were exchanged, compared to its average volume of 3,208,154. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $52,132.36, a price-to-earnings ratio of 23.70 and a beta of 1.78. Las Vegas Sands Corp. has a twelve month low of $51.35 and a twelve month high of $66.22.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings results on Wednesday, October 25th. The casino operator reported $0.77 EPS 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 30.84%. The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the prior year, the business posted $0.72 earnings per share. Las Vegas Sands Corp.’s revenue for the quarter was up 7.7% compared to the same quarter last year. equities analysts expect that Las Vegas Sands Corp. will post 2.85 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Thursday, December 21st will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 4.43%. The ex-dividend date is Wednesday, December 20th. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is 110.19%.

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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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