Las Vegas Sands Corp. (NYSE:LVS) COO Robert G. Goldstein sold 169,111 shares of the company’s stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $62.84, for a total transaction of $10,626,935.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Las Vegas Sands Corp. (NYSE:LVS) opened at 62.67 on Thursday. Las Vegas Sands Corp. has a 12-month low of $34.88 and a 12-month high of $63.38. The company has a market capitalization of $49.80 billion, a PE ratio of 30.60 and a beta of 1.98. The firm’s 50 day moving average price is $58.97 and its 200-day moving average price is $52.31.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Wednesday, December 21st will be given a $0.72 dividend. The ex-dividend date of this dividend is Monday, December 19th. This represents a $2.88 dividend on an annualized basis and a yield of 4.60%. Las Vegas Sands Corp.’s payout ratio is 140.49%.

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A number of research analysts have recently commented on LVS shares. Citigroup Inc. reissued a “buy” rating and issued a $62.00 target price on shares of Las Vegas Sands Corp. in a report on Wednesday, September 14th. Argus raised shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and increased their target price for the stock from $56.54 to $67.00 in a report on Wednesday, September 14th. Stifel Nicolaus increased their target price on shares of Las Vegas Sands Corp. from $56.00 to $61.00 and gave the stock a “buy” rating in a report on Thursday, September 8th. TheStreet raised shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating in a report on Thursday, September 1st. Finally, Bank of America Corp. raised shares of Las Vegas Sands Corp. from a “neutral” rating to a “buy” rating and increased their target price for the stock from $58.87 to $63.00 in a report on Tuesday, October 4th. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Las Vegas Sands Corp. currently has a consensus rating of “Buy” and a consensus target price of $57.33.

A number of hedge funds have recently added to or reduced their stakes in LVS. D.A. Davidson & CO. increased its stake in Las Vegas Sands Corp. by 3.6% in the third quarter. D.A. Davidson & CO. now owns 64,829 shares of the casino operator’s stock worth $3,729,000 after buying an additional 2,267 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Las Vegas Sands Corp. during the third quarter worth $4,300,000. Price T Rowe Associates Inc. MD increased its stake in Las Vegas Sands Corp. by 46.3% in the third quarter. Price T Rowe Associates Inc. MD now owns 33,515,789 shares of the casino operator’s stock worth $1,928,498,000 after buying an additional 10,608,737 shares during the last quarter. LPL Financial LLC increased its stake in Las Vegas Sands Corp. by 33.2% in the third quarter. LPL Financial LLC now owns 65,808 shares of the casino operator’s stock worth $3,870,000 after buying an additional 16,414 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its stake in Las Vegas Sands Corp. by 5.3% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 192,436 shares of the casino operator’s stock worth $11,072,000 after buying an additional 9,636 shares during the last quarter. Institutional investors own 39.82% of the company’s stock.

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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