Goldman Sachs Group Inc. reiterated their neutral rating on shares of Las Vegas Sands Corp. (NYSE:LVS) in a research report report published on Wednesday.

A number of other equities research analysts have also recently weighed in on LVS. Vetr raised Las Vegas Sands Corp. from a hold rating to a buy rating and set a $48.18 price objective for the company in a research note on Monday, June 13th. Zacks Investment Research cut Las Vegas Sands Corp. from a hold rating to a sell rating in a research note on Tuesday, June 21st. Deutsche Bank AG reaffirmed a hold rating on shares of Las Vegas Sands Corp. in a research note on Sunday, June 26th. Wells Fargo & Co. reaffirmed a market perform rating on shares of Las Vegas Sands Corp. in a research note on Tuesday, July 5th. Finally, JPMorgan Chase & Co. dropped their price objective on Las Vegas Sands Corp. from $52.00 to $47.00 and set a neutral rating for the company in a research note on Thursday, July 14th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Las Vegas Sands Corp. presently has a consensus rating of Buy and an average price target of $55.63.

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

Shares of Las Vegas Sands Corp. (NYSE:LVS) traded down 0.2621% on Wednesday, reaching $58.7157. The company had a trading volume of 1,612,092 shares. The company has a 50 day moving average of $55.12 and a 200-day moving average of $49.53. Las Vegas Sands Corp. has a 52 week low of $34.88 and a 52 week high of $59.81. The company has a market capitalization of $46.65 billion, a P/E ratio of 28.5860 and a beta of 2.04.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings data on Monday, July 25th. The casino operator reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.04. Las Vegas Sands Corp. had a net margin of 14.69% and a return on equity of 22.12%. The firm earned $2.65 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the firm posted $0.60 earnings per share. The company’s quarterly revenue was down 9.3% compared to the same quarter last year. Analysts predict that Las Vegas Sands Corp. will post $2.20 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 22nd were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, September 20th. This represents a $2.88 annualized dividend and a dividend yield of 4.89%. Las Vegas Sands Corp.’s dividend payout ratio is presently 140.49%.

Institutional investors have recently modified their holdings of the company. Canada Pension Plan Investment Board boosted its position in shares of Las Vegas Sands Corp. by 6.1% in the first quarter. Canada Pension Plan Investment Board now owns 66,000 shares of the casino operator’s stock valued at $3,411,000 after buying an additional 3,800 shares during the last quarter. Aviva PLC boosted its position in shares of Las Vegas Sands Corp. by 1.0% in the first quarter. Aviva PLC now owns 214,398 shares of the casino operator’s stock valued at $11,080,000 after buying an additional 2,194 shares during the last quarter. M&T Bank Corp boosted its position in shares of Las Vegas Sands Corp. by 143.5% in the first quarter. M&T Bank Corp now owns 143,891 shares of the casino operator’s stock valued at $7,436,000 after buying an additional 84,808 shares during the last quarter. NN Investment Partners Holdings N.V. bought a new position in shares of Las Vegas Sands Corp. during the first quarter valued at approximately $45,080,000. Finally, RMB Capital Management LLC boosted its position in shares of Las Vegas Sands Corp. by 62.7% in the first quarter. RMB Capital Management LLC now owns 21,137 shares of the casino operator’s stock valued at $1,093,000 after buying an additional 8,143 shares during the last quarter. 37.88% of the stock is currently owned by institutional investors and hedge funds.

Las Vegas Sands Corp. Company Profile

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that offers 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.

5 Day Chart for NYSE:LVS

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