Las Vegas Sands Corp. (NYSE:LVS) Shares Acquired by Signaturefd LLC

Signaturefd LLC grew its holdings in Las Vegas Sands Corp. (NYSE:LVS) by 36.3% during the 4th quarter, Holdings Channel reports. The firm owned 3,842 shares of the casino operator’s stock after buying an additional 1,024 shares during the period. Signaturefd LLC’s holdings in Las Vegas Sands were worth $189,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Lindbrook Capital LLC grew its position in shares of Las Vegas Sands by 12.7% in the fourth quarter. Lindbrook Capital LLC now owns 3,894 shares of the casino operator’s stock valued at $192,000 after purchasing an additional 439 shares during the last quarter. abrdn plc boosted its position in Las Vegas Sands by 24.7% during the fourth quarter. abrdn plc now owns 394,849 shares of the casino operator’s stock worth $19,431,000 after acquiring an additional 78,136 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in Las Vegas Sands during the fourth quarter worth approximately $212,000. Xponance Inc. boosted its position in Las Vegas Sands by 1.5% during the fourth quarter. Xponance Inc. now owns 79,648 shares of the casino operator’s stock worth $3,919,000 after acquiring an additional 1,215 shares during the last quarter. Finally, Waterfront Wealth Inc. boosted its position in Las Vegas Sands by 3.5% during the fourth quarter. Waterfront Wealth Inc. now owns 21,657 shares of the casino operator’s stock worth $1,066,000 after acquiring an additional 728 shares during the last quarter. 39.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Robert G. Goldstein sold 100,000 shares of Las Vegas Sands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $52.06, for a total transaction of $5,206,000.00. Following the sale, the chief executive officer now owns 172,801 shares of the company’s stock, valued at approximately $8,996,020.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.91% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on LVS shares. Jefferies Financial Group decreased their target price on shares of Las Vegas Sands from $54.00 to $53.00 and set a “hold” rating on the stock in a research report on Thursday, April 18th. Mizuho decreased their target price on shares of Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. JPMorgan Chase & Co. decreased their target price on shares of Las Vegas Sands from $59.00 to $55.00 and set an “overweight” rating on the stock in a research report on Thursday, April 18th. Finally, Barclays decreased their price target on shares of Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating on the stock in a report on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $63.46.

Las Vegas Sands Stock Performance

Shares of LVS stock opened at $45.45 on Friday. The company’s fifty day simple moving average is $51.18 and its 200-day simple moving average is $49.65. Las Vegas Sands Corp. has a 52 week low of $43.77 and a 52 week high of $65.58. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.96. The company has a market cap of $33.86 billion, a PE ratio of 21.96, a P/E/G ratio of 0.85 and a beta of 1.16.

Las Vegas Sands (NYSE:LVS) last issued its earnings results on Wednesday, April 17th. The casino operator reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.13. Las Vegas Sands had a net margin of 13.99% and a return on equity of 42.34%. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm posted $0.28 EPS. The business’s revenue for the quarter was up 34.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Las Vegas Sands Corp. will post 2.65 EPS for the current year.

Las Vegas Sands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Monday, May 6th. Las Vegas Sands’s dividend payout ratio is presently 38.65%.

Las Vegas Sands Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.