Assenagon Asset Management S.A. Has $8.58 Million Holdings in Las Vegas Sands Corp. $LVS

Assenagon Asset Management S.A. increased its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 1,233.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,415 shares of the casino operator’s stock after purchasing an additional 147,464 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Las Vegas Sands were worth $8,575,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of LVS. Russell Investments Group Ltd. lifted its holdings in shares of Las Vegas Sands by 4.7% during the 1st quarter. Russell Investments Group Ltd. now owns 88,583 shares of the casino operator’s stock worth $3,422,000 after acquiring an additional 3,984 shares during the period. American Century Companies Inc. raised its position in Las Vegas Sands by 69.3% during the first quarter. American Century Companies Inc. now owns 567,101 shares of the casino operator’s stock valued at $21,907,000 after purchasing an additional 232,091 shares in the last quarter. Northern Trust Corp lifted its stake in Las Vegas Sands by 0.4% during the first quarter. Northern Trust Corp now owns 3,101,190 shares of the casino operator’s stock worth $119,799,000 after purchasing an additional 12,593 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Las Vegas Sands by 29.0% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 12,090 shares of the casino operator’s stock worth $467,000 after purchasing an additional 2,718 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Las Vegas Sands by 3.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,722,816 shares of the casino operator’s stock valued at $607,373,000 after purchasing an additional 592,321 shares in the last quarter. 39.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on LVS. Morgan Stanley raised their price objective on Las Vegas Sands from $59.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 28th. UBS Group increased their price objective on shares of Las Vegas Sands from $67.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Argus boosted their target price on shares of Las Vegas Sands from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, December 1st. Macquarie increased their price target on Las Vegas Sands from $62.00 to $64.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, Susquehanna boosted their price objective on Las Vegas Sands from $62.00 to $63.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Las Vegas Sands presently has an average rating of “Moderate Buy” and an average target price of $67.52.

Insiders Place Their Bets

In other news, COO Patrick Dumont sold 210,305 shares of Las Vegas Sands stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $69.96, for a total value of $14,712,937.80. Following the completion of the transaction, the chief operating officer directly owned 446,608 shares of the company’s stock, valued at approximately $31,244,695.68. This trade represents a 32.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert G. Goldstein sold 1,198,650 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $66.68, for a total value of $79,925,982.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,182,053 shares of company stock valued at $333,348,399 in the last three months. 1.20% of the stock is owned by insiders.

Las Vegas Sands News Roundup

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Zacks highlights Las Vegas Sands as the top 2026 gaming play, citing Macau momentum, Singapore growth and a margin-focused strategy that could drive longer-term upside. LVS, WYNN or PENN: Which Gaming Stock Offers the Best 2026 Setup?
• Positive Sentiment: Goldman Sachs and Barclays recently upgraded LVS to Buy/Overweight, signaling institutional analyst confidence and raising the stock’s institutional demand profile. Goldman Sachs Upgrade Barclays Buy
• Positive Sentiment: Technically, LVS recently broke above its 20-day moving average — a short-term bullish signal that can attract momentum traders. LVS Broke Above 20-Day MA
• Positive Sentiment: Zacks also flags LVS as one of a few highly efficient operators (strong turnover and operating margins), which supports earnings durability heading into 2026. 3 Highly Efficient Stocks
• Neutral Sentiment: LVS pays a modest quarterly dividend (annualized $1.00, ~1.5% yield) and still shows strong trailing profitability metrics and analyst EPS revisions that underpin the current valuation.
• Negative Sentiment: Significant insider selling: CEO Robert Goldstein disclosed large sales (including ~1.2M shares on Dec. 17 at ~$66.68 and an earlier sale of 51,350 shares), and major shareholder Miriam Adelson also sold shares. Large, clustered insider disposals can weigh on sentiment and raise short-term selling pressure. Insider Selling: CEO Sells

Las Vegas Sands Trading Down 0.1%

Shares of LVS stock opened at $66.86 on Friday. The stock has a 50-day moving average of $62.15 and a 200-day moving average of $54.52. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 7.42. The stock has a market cap of $45.21 billion, a price-to-earnings ratio of 30.26, a PEG ratio of 1.82 and a beta of 0.97. Las Vegas Sands Corp. has a 1-year low of $30.18 and a 1-year high of $70.45.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, October 22nd. The casino operator reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.16. Las Vegas Sands had a net margin of 12.69% and a return on equity of 73.14%. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the prior year, the firm posted $0.44 EPS. The company’s revenue for the quarter was up 24.2% compared to the same quarter last year. On average, equities research analysts forecast that Las Vegas Sands Corp. will post 2.6 earnings per share for the current year.

Las Vegas Sands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Tuesday, November 4th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, November 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. Las Vegas Sands’s dividend payout ratio is 45.25%.

Las Vegas Sands Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.