Aperio Group LLC raised its position in Las Vegas Sands Corp. (NYSE:LVS) by 7.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,980 shares of the casino operator’s stock after buying an additional 6,625 shares during the period. Aperio Group LLC’s holdings in Las Vegas Sands Corp. were worth $5,293,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. raised its stake in shares of Las Vegas Sands Corp. by 76.5% in the second quarter. Cullen Frost Bankers Inc. now owns 348,400 shares of the casino operator’s stock worth $15,152,000 after buying an additional 151,006 shares in the last quarter. Vontobel Asset Management Inc. raised its stake in shares of Las Vegas Sands Corp. by 29.9% in the third quarter. Vontobel Asset Management Inc. now owns 6,233,310 shares of the casino operator’s stock worth $363,695,000 after buying an additional 1,434,774 shares in the last quarter. Minneapolis Portfolio Management Group LLC raised its stake in shares of Las Vegas Sands Corp. by 12.5% in the second quarter. Minneapolis Portfolio Management Group LLC now owns 406,940 shares of the casino operator’s stock worth $17,698,000 after buying an additional 45,215 shares in the last quarter. Artemis Investment Management LLP raised its stake in shares of Las Vegas Sands Corp. by 1.1% in the second quarter. Artemis Investment Management LLP now owns 1,017,128 shares of the casino operator’s stock worth $44,240,000 after buying an additional 11,271 shares in the last quarter. Finally, Grimes & Company Inc. raised its stake in shares of Las Vegas Sands Corp. by 2.4% in the second quarter. Grimes & Company Inc. now owns 99,823 shares of the casino operator’s stock worth $4,341,000 after buying an additional 2,348 shares in the last quarter. 39.82% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Las Vegas Sands Corp. (NYSE:LVS)

Las Vegas Sands Corp. (NYSE:LVS) traded down 0.64% during trading on Tuesday, hitting $62.15. The stock had a trading volume of 2,639,068 shares. The company has a 50-day moving average of $58.88 and a 200-day moving average of $52.19. The stock has a market capitalization of $49.39 billion, a P/E ratio of 30.35 and a beta of 1.98. Las Vegas Sands Corp. has a 52 week low of $34.88 and a 52 week high of $63.38.

Las Vegas Sands Corp. (NYSE:LVS) last announced its quarterly earnings data on Thursday, November 3rd. The casino operator reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.12. Las Vegas Sands Corp. had a return on equity of 23.24% and a net margin of 14.53%. The business earned $2.97 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same period in the prior year, the company earned $0.66 earnings per share. Las Vegas Sands Corp.’s revenue was up 2.6% compared to the same quarter last year. On average, equities analysts expect that Las Vegas Sands Corp. will post $2.35 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Wednesday, December 21st will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Monday, December 19th. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is 140.49%.

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A number of brokerages recently issued reports on LVS. TheStreet raised Las Vegas Sands Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, September 1st. Zacks Investment Research upgraded Las Vegas Sands Corp. from a “hold” rating to a “strong-buy” rating and set a $68.00 price target for the company in a research note on Tuesday, November 8th. Vetr downgraded Las Vegas Sands Corp. from a “strong-buy” rating to a “buy” rating and set a $68.03 price target for the company. in a research note on Monday, November 21st. Susquehanna restated a “positive” rating and issued a $63.00 price target on shares of Las Vegas Sands Corp. in a research note on Thursday, September 8th. Finally, raised their price target on Las Vegas Sands Corp. from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Monday, September 19th. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $57.33.

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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