Knights of Columbus Asset Advisors LLC lowered its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 14.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,500 shares of the casino operator’s stock after selling 2,200 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Las Vegas Sands Corp. were worth $866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. TD Asset Management Inc. increased its position in shares of Las Vegas Sands Corp. by 6.6% during the third quarter. TD Asset Management Inc. now owns 100,860 shares of the casino operator’s stock valued at $6,471,000 after buying an additional 6,205 shares during the period. American International Group Inc. purchased a new position in shares of Las Vegas Sands Corp. during the third quarter valued at about $1,090,000. Davidson Investment Advisors increased its position in shares of Las Vegas Sands Corp. by 19.5% during the third quarter. Davidson Investment Advisors now owns 160,688 shares of the casino operator’s stock valued at $10,309,000 after buying an additional 26,227 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Las Vegas Sands Corp. by 10.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 74,364 shares of the casino operator’s stock valued at $4,771,000 after buying an additional 7,070 shares during the period. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Las Vegas Sands Corp. by 239.1% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 7,800 shares of the casino operator’s stock valued at $500,000 after buying an additional 5,500 shares during the period. Institutional investors own 37.79% of the company’s stock.

Shares of Las Vegas Sands Corp. (NYSE LVS) traded down $0.12 on Friday, reaching $67.58. 293,950 shares of the company’s stock were exchanged, compared to its average volume of 3,281,959. The stock has a market capitalization of $53,515.49, a PE ratio of 24.35 and a beta of 1.78. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 1.38. Las Vegas Sands Corp. has a twelve month low of $51.35 and a twelve month high of $68.41.

Las Vegas Sands Corp. (NYSE:LVS) last announced its quarterly earnings data on Wednesday, October 25th. The casino operator reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.10. The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Las Vegas Sands Corp. had a net margin of 16.80% and a return on equity of 31.11%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.72 earnings per share. sell-side analysts forecast that Las Vegas Sands Corp. will post 2.87 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Thursday, December 21st will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend is Wednesday, December 20th. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is presently 110.19%.

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Several brokerages recently issued reports on LVS. Zacks Investment Research cut shares of Las Vegas Sands Corp. from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Morgan Stanley upgraded shares of Las Vegas Sands Corp. from an “equal weight” rating to an “overweight” rating and set a $65.00 price target on the stock in a research report on Monday, November 6th. Nomura boosted their price target on shares of Las Vegas Sands Corp. from $54.00 to $57.00 and gave the company a “neutral” rating in a research report on Thursday, October 26th. Gabelli boosted their price target on shares of Las Vegas Sands Corp. from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Deutsche Bank AG boosted their price target on shares of Las Vegas Sands Corp. from $54.00 to $57.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $65.31.

In other Las Vegas Sands Corp. news, Director George Jamieson acquired 1,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were acquired at an average price of $66.96 per share, for a total transaction of $66,960.00. Following the completion of the acquisition, the director now owns 6,488 shares in the company, valued at $434,436.48. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.10% of the stock is currently owned by corporate insiders.

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

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