Savant Capital LLC Invests $227,000 in Las Vegas Sands Corp. (NYSE:LVS)

Savant Capital LLC acquired a new stake in shares of Las Vegas Sands Corp. (NYSE:LVS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,618 shares of the casino operator’s stock, valued at approximately $227,000.

A number of other hedge funds also recently bought and sold shares of LVS. Headlands Technologies LLC purchased a new position in shares of Las Vegas Sands in the third quarter worth about $27,000. CNB Bank bought a new position in Las Vegas Sands during the 3rd quarter worth approximately $32,000. Venturi Wealth Management LLC increased its stake in Las Vegas Sands by 150.4% in the 4th quarter. Venturi Wealth Management LLC now owns 681 shares of the casino operator’s stock worth $34,000 after purchasing an additional 409 shares during the period. Mizuho Securities Co. Ltd. bought a new stake in Las Vegas Sands in the fourth quarter valued at approximately $39,000. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of Las Vegas Sands by 617.3% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the casino operator’s stock valued at $45,000 after purchasing an additional 784 shares during the period. Institutional investors own 39.16% of the company’s stock.

Analyst Upgrades and Downgrades

LVS has been the topic of several analyst reports. 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 note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft decreased their price objective 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. Wells Fargo & Company dropped their target price on shares of Las Vegas Sands from $62.00 to $60.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. Barclays reduced their price target on Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating on the stock in a report on Thursday, April 18th. Finally, Stifel Nicolaus dropped their price objective on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company 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 company. According to MarketBeat, Las Vegas Sands has an average rating of “Moderate Buy” and an average target price of $63.46.

Insider Transactions at Las Vegas Sands

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 100,000 shares of the business’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $52.06, for a total value of $5,206,000.00. Following the sale, the chief executive officer now directly owns 172,801 shares of the company’s stock, valued at $8,996,020.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.20% of the company’s stock.

Las Vegas Sands Price Performance

Shares of LVS stock opened at $46.72 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 2.96. The stock has a market cap of $34.81 billion, a price-to-earnings ratio of 22.57, a PEG ratio of 0.87 and a beta of 1.18. The business’s fifty day moving average is $50.07 and its 200 day moving average is $49.71. Las Vegas Sands Corp. has a twelve month low of $43.77 and a twelve month high of $63.51.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, April 17th. The casino operator reported $0.75 earnings per share for the quarter, topping 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 firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the firm earned $0.28 EPS. The company’s revenue was up 34.9% compared to the same quarter last year. Research analysts expect that Las Vegas Sands Corp. will post 2.63 EPS for the current fiscal 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 issued a dividend of $0.20 per share. The ex-dividend date is Monday, May 6th. This represents a $0.80 annualized dividend and a dividend yield of 1.71%. Las Vegas Sands’s payout ratio is 38.65%.

Las Vegas Sands Company 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.