Deutsche Bank AG reaffirmed their hold rating on shares of Las Vegas Sands Corp. (NYSE:LVS) in a report issued on Thursday morning. Deutsche Bank AG currently has a $54.00 price objective on the casino operator’s stock, up from their previous price objective of $52.00.

Other research analysts have also issued reports about the company. Stifel Nicolaus cut their target price on Las Vegas Sands Corp. from $65.00 to $63.00 and set a buy rating for the company in a research note on Monday, April 10th. CLSA restated a buy rating on shares of Las Vegas Sands Corp. in a research note on Thursday, April 27th. Susquehanna Bancshares Inc restated a buy rating and issued a $69.00 target price on shares of Las Vegas Sands Corp. in a research note on Friday, April 28th. Aegis restated a buy rating and issued a $60.00 target price (up from $59.00) on shares of Las Vegas Sands Corp. in a research note on Sunday, April 23rd. Finally, Vetr upgraded Las Vegas Sands Corp. from a hold rating to a buy rating and set a $63.09 target price for the company in a research note on Wednesday, May 31st. Ten equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $62.65.

Las Vegas Sands Corp. (NYSE LVS) traded up 1.01% during mid-day trading on Thursday, hitting $61.90. 2,990,699 shares of the stock were exchanged. Las Vegas Sands Corp. has a one year low of $49.09 and a one year high of $66.22. The company has a market cap of $49.02 billion, a P/E ratio of 24.09 and a beta of 1.81. The company has a 50-day moving average price of $63.20 and a 200-day moving average price of $57.94. Las Vegas Sands Corp. also saw unusually large options trading on Friday. Stock investors bought 12,309 put options on the company. This represents an increase of 242% compared to the typical volume of 3,595 put options.

Las Vegas Sands Corp. (NYSE:LVS) last issued its earnings results on Wednesday, July 26th. The casino operator reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.14. The business had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.01 billion. Las Vegas Sands Corp. had a return on equity of 29.31% and a net margin of 16.66%. Las Vegas Sands Corp.’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 earnings per share. On average, analysts predict that Las Vegas Sands Corp. will post $2.67 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 21st will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend is Wednesday, September 20th. Las Vegas Sands Corp.’s payout ratio is 113.18%.

Several large investors have recently added to or reduced their stakes in LVS. TrimTabs Asset Management LLC raised its stake in Las Vegas Sands Corp. by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 1,837 shares of the casino operator’s stock worth $105,000 after buying an additional 864 shares in the last quarter. Financial Architects Inc raised its stake in Las Vegas Sands Corp. by 226.1% in the first quarter. Financial Architects Inc now owns 1,875 shares of the casino operator’s stock worth $107,000 after buying an additional 1,300 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Las Vegas Sands Corp. during the first quarter worth approximately $119,000. Nikko Asset Management Americas Inc. acquired a new stake in Las Vegas Sands Corp. during the first quarter worth approximately $154,000. Finally, Point72 Asia Hong Kong Ltd raised its stake in Las Vegas Sands Corp. by 87.2% in the first quarter. Point72 Asia Hong Kong Ltd now owns 2,994 shares of the casino operator’s stock worth $171,000 after buying an additional 1,395 shares in the last quarter. 38.31% of the stock is currently owned by institutional investors.

Las Vegas Sands Corp. Company 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.

Analyst Recommendations for Las Vegas Sands Corp. (NYSE:LVS)

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