Concurrent Investment Advisors LLC acquired a new position in Las Vegas Sands Corp. (NYSE:LVS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 76,160 shares of the casino operator’s stock, valued at approximately $4,957,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of LVS. Grove Bank & Trust purchased a new stake in Las Vegas Sands in the fourth quarter worth about $26,000. Westside Investment Management Inc. lifted its stake in shares of Las Vegas Sands by 48.0% in the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after buying an additional 166 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Las Vegas Sands in the third quarter worth approximately $33,000. Smartleaf Asset Management LLC lifted its stake in shares of Las Vegas Sands by 549.5% in the third quarter. Smartleaf Asset Management LLC now owns 630 shares of the casino operator’s stock worth $35,000 after buying an additional 533 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of Las Vegas Sands by 182.4% in the third quarter. IFP Advisors Inc now owns 672 shares of the casino operator’s stock worth $36,000 after buying an additional 434 shares in the last quarter. Hedge funds and other institutional investors own 39.16% of the company’s stock.
Las Vegas Sands Stock Down 0.1%
Shares of Las Vegas Sands stock opened at $52.76 on Monday. The company has a market cap of $35.01 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 1.22 and a beta of 0.89. The company’s 50 day moving average is $54.95 and its 200 day moving average is $59.01. Las Vegas Sands Corp. has a twelve month low of $35.43 and a twelve month high of $70.45. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 7.58.
Las Vegas Sands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.3%. Las Vegas Sands’s dividend payout ratio is 44.44%.
Insiders Place Their Bets
In related news, CEO Patrick Dumont sold 60,165 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the transaction, the chief executive officer owned 511,942 shares in the company, valued at $28,028,824.50. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several brokerages have recently issued reports on LVS. Mizuho upped their target price on shares of Las Vegas Sands from $65.00 to $67.00 and gave the stock an “outperform” rating in a research note on Thursday. Stifel Nicolaus upped their target price on shares of Las Vegas Sands from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Thursday. Argus dropped their target price on shares of Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Las Vegas Sands in a research note on Monday, December 29th. Finally, Seaport Research Partners dropped their target price on shares of Las Vegas Sands from $72.00 to $69.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Las Vegas Sands currently has an average rating of “Moderate Buy” and an average price target of $68.28.
Get Our Latest Research Report on Las Vegas Sands
Las Vegas Sands News Roundup
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Company beat consensus: Q1 revenue ~US$3.59B (≈+25% YoY) and exceeded EPS expectations, driven by strength at Marina Bay Sands and improving Macao operations. LVS Q1 2026 Earnings Call Transcript
- Positive Sentiment: Marina Bay Sands led the quarter: higher-end and non‑gaming demand (VIP and premium customers) materially boosted revenue and EBITDA contribution. Marina Bay Sands Boosts Las Vegas Sands Revenue 28% On VIP Surge
- Positive Sentiment: Capital returns confirmed — company completed a large ~$7.3B repurchase program and announced a quarterly dividend ($0.30), supporting shareholder yield and reducing float. This is a structural positive for per‑share metrics. Las Vegas Sands (LVS) Is Down 8.4% After Strong Q1 Results And Buybacks Completion Has The Bull Case Changed?
- Positive Sentiment: Analyst attention/upgrades: multiple shops adjusted targets (examples: Morgan Stanley raised to $69; Stifel, Mizuho and HSBC lifted targets), indicating continued bullish conviction among some sell‑side firms. Morgan Stanley lifts price target
- Neutral Sentiment: Earnings call highlighted strategic investments (staffing/service improvements) to drive experience and long‑term growth — positive for retention but flagged as near‑term cost. LVS Q1 2026 Earnings Call Highlights
- Neutral Sentiment: Index/visibility move: LVS gained momentum in Russell 1000 spotlight, which may support longer‑term liquidity and institutional interest. Russell 1000 Index Spotlight
- Negative Sentiment: Margin concerns in Macau: adjusted property EBITDA margin declined YoY and management signaled promotional intensity plus near‑term spending (service/staffing) that could compress margins further — key reason for the sell‑off. Macau margin pressure analysis
- Negative Sentiment: Market reaction and forecasts: despite beats, investors treated the print as “good but not good enough” — some firms issued cautious research (including a pessimistic note from Seaport), and heavy insider selling was flagged by data providers. Seaport Research pessimistic forecast
About Las Vegas Sands
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.
Further Reading
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