Investors sold shares of Las Vegas Sands Corp. (NYSE:LVS) on strength during trading on Friday. $31.16 million flowed into the stock on the tick-up and $67.95 million flowed out of the stock on the tick-down, for a money net flow of $36.79 million out of the stock. Of all companies tracked, Las Vegas Sands Corp. had the 0th highest net out-flow for the day. Las Vegas Sands Corp. traded up $0.33 for the day and closed at $62.01

Several brokerages have recently weighed in on LVS. Morgan Stanley reiterated an “equal weight” rating and set a $62.00 price target (up from $58.00) on shares of Las Vegas Sands Corp. in a research report on Monday, July 10th. UBS AG reiterated a “neutral” rating on shares of Las Vegas Sands Corp. in a research report on Monday, July 10th. Telsey Advisory Group upped their price target on Las Vegas Sands Corp. from $64.00 to $66.00 and gave the company a “market perform” rating in a research report on Thursday, July 27th. Stifel Nicolaus reiterated a “buy” rating and set a $70.00 price target (up from $66.00) on shares of Las Vegas Sands Corp. in a research report on Tuesday, July 18th. Finally, Instinet reiterated a “neutral” rating on shares of Las Vegas Sands Corp. in a research report on Monday, July 17th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Las Vegas Sands Corp. has a consensus rating of “Buy” and an average target price of $64.66.

The stock has a 50 day moving average of $63.36 and a 200 day moving average of $61.11. The stock has a market capitalization of $49.11 billion, a price-to-earnings ratio of 24.13 and a beta of 1.76.

Las Vegas Sands Corp. (NYSE:LVS) last released its quarterly earnings data on Wednesday, July 26th. The casino operator reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.14. Las Vegas Sands Corp. had a return on equity of 29.91% and a net margin of 16.66%. The business had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the previous year, the company posted $0.52 EPS. The company’s revenue was up 18.5% compared to the same quarter last year. On average, equities research analysts expect that Las Vegas Sands Corp. will post $2.76 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, September 21st were paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date was Wednesday, September 20th. Las Vegas Sands Corp.’s payout ratio is 113.18%.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Las Vegas Sands Corp. by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 20,034,880 shares of the casino operator’s stock worth $1,280,029,000 after acquiring an additional 322,708 shares during the last quarter. BlackRock Inc. increased its stake in Las Vegas Sands Corp. by 2.3% in the 2nd quarter. BlackRock Inc. now owns 16,129,966 shares of the casino operator’s stock worth $1,030,543,000 after acquiring an additional 365,566 shares during the last quarter. Capital World Investors increased its stake in Las Vegas Sands Corp. by 14.5% in the 2nd quarter. Capital World Investors now owns 9,998,000 shares of the casino operator’s stock worth $638,772,000 after acquiring an additional 1,263,000 shares during the last quarter. State Street Corp increased its stake in Las Vegas Sands Corp. by 4.7% in the 1st quarter. State Street Corp now owns 8,023,114 shares of the casino operator’s stock worth $457,878,000 after acquiring an additional 360,249 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Las Vegas Sands Corp. by 40.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,506,795 shares of the casino operator’s stock worth $415,720,000 after acquiring an additional 1,886,376 shares during the last quarter. 38.01% of the stock is currently owned by institutional investors and hedge funds.

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About Las Vegas Sands Corp.

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

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