Las Vegas Sands Corp. (NYSE:LVS) reached a new 52-week high on Friday . The company traded as high as $69.83 and last traded at $69.75, with a volume of 2469407 shares traded. The stock had previously closed at $69.29.

A number of equities research analysts recently weighed in on the company. Deutsche Bank upped their price target on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a report on Thursday, October 26th. Roth Capital assumed coverage on Las Vegas Sands in a report on Wednesday, October 25th. They issued a “buy” rating and a $69.00 price target on the stock. Nomura upped their price target on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “neutral” rating in a report on Thursday, October 26th. Finally, Gabelli upped their price target on Las Vegas Sands from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $65.31.

The company has a market capitalization of $54,752.59, a price-to-earnings ratio of 24.92 and a beta of 1.80. 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 (NYSE:LVS) last announced its earnings results on Wednesday, October 25th. The casino operator reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.10. The firm had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Las Vegas Sands had a return on equity of 31.11% and a net margin of 16.80%. Las Vegas Sands’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. equities research analysts forecast that Las Vegas Sands Corp. will post 2.87 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Thursday, December 21st will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Wednesday, December 20th. Las Vegas Sands’s dividend payout ratio (DPR) is presently 110.19%.

In related news, Director George Jamieson bought 1,000 shares of the stock in a transaction on Tuesday, November 14th. The shares were purchased at an average price of $66.96 per share, for a total transaction of $66,960.00. Following the acquisition, the director now owns 6,488 shares in the company, valued at $434,436.48. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.10% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in LVS. Janus Henderson Group PLC grew its holdings in Las Vegas Sands by 183.0% during the 2nd quarter. Janus Henderson Group PLC now owns 3,241,450 shares of the casino operator’s stock valued at $207,090,000 after buying an additional 2,095,879 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Las Vegas Sands by 40.8% during 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 purchasing an additional 1,886,376 shares during the period. Investec Asset Management LTD lifted its stake in shares of Las Vegas Sands by 90.9% during the 3rd quarter. Investec Asset Management LTD now owns 3,437,448 shares of the casino operator’s stock worth $220,547,000 after purchasing an additional 1,637,248 shares during the period. Capital World Investors lifted its stake in shares of Las Vegas Sands by 14.5% during the 2nd quarter. Capital World Investors now owns 9,998,000 shares of the casino operator’s stock worth $638,772,000 after purchasing an additional 1,263,000 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of Las Vegas Sands by 41.3% during the 2nd quarter. American Century Companies Inc. now owns 3,509,869 shares of the casino operator’s stock worth $224,246,000 after purchasing an additional 1,025,607 shares during the period. Hedge funds and other institutional investors own 37.42% of the company’s stock.

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About Las Vegas Sands

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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