Wedbush Securities Inc. Purchases New Shares in Las Vegas Sands Corp. $LVS

Wedbush Securities Inc. acquired a new position in Las Vegas Sands Corp. (NYSE:LVS) during the third quarter, Holdings Channel.com reports. The firm acquired 11,517 shares of the casino operator’s stock, valued at approximately $619,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savvy Advisors Inc. purchased a new position in Las Vegas Sands in the third quarter valued at about $258,000. Krilogy Financial LLC purchased a new position in shares of Las Vegas Sands during the 3rd quarter valued at approximately $872,000. ABC Arbitrage SA acquired a new stake in shares of Las Vegas Sands during the third quarter worth approximately $220,000. Stratos Wealth Partners LTD. bought a new stake in shares of Las Vegas Sands in the third quarter worth $201,000. Finally, Wealthfront Advisers LLC increased its stake in shares of Las Vegas Sands by 163.7% in the third quarter. Wealthfront Advisers LLC now owns 47,958 shares of the casino operator’s stock worth $2,580,000 after buying an additional 29,769 shares during the last quarter. 39.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Las Vegas Sands news, major shareholder Miriam Adelson sold 77,991 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $67.56, for a total transaction of $5,269,071.96. Following the completion of the transaction, the insider directly owned 23,333,441 shares of the company’s stock, valued at $1,576,407,273.96. The trade was a 0.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert G. Goldstein sold 1,198,650 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $66.68, for a total transaction of $79,925,982.00. The SEC filing for this sale provides additional information. Insiders sold 3,082,053 shares of company stock valued at $207,130,199 over the last three months. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Las Vegas Sands from $67.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Mizuho increased their price target on shares of Las Vegas Sands from $63.00 to $65.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Macquarie Infrastructure reiterated an “outperform” rating and issued a $70.00 price target on shares of Las Vegas Sands in a research note on Thursday, January 29th. Wall Street Zen lowered Las Vegas Sands from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Las Vegas Sands from $76.00 to $77.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Key Las Vegas Sands News

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Board names Patrick Dumont as chairman & CEO (effective March 1). Dumont, the company’s president and COO since 2021, will take over top leadership — a succession that signals continuity of current strategy and operations and reduces near‑term governance uncertainty. Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
• Positive Sentiment: Analyst upgrades: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (including FY2026 to ~$3.08, FY2027 to ~$3.34 and FY2028 to ~$3.66, plus several quarterly boosts). Although Zacks still carries a “Hold” rating, higher estimates point to improved earnings momentum that can support the stock’s valuation.
• Neutral Sentiment: Sands China awarded consecutive “Top Employer” certification — recognition for HR practices and long employee tenure in Macao. This is positive for retention and operations but is a longer‑horizon, lower‑impact item for near‑term stock moves. Sands China Awarded 2nd Consecutive “Top Employer” Certification

Las Vegas Sands Price Performance

Shares of NYSE:LVS opened at $57.10 on Monday. The company has a market cap of $38.37 billion, a PE ratio of 24.40, a P/E/G ratio of 1.37 and a beta of 0.93. Las Vegas Sands Corp. has a fifty-two week low of $30.18 and a fifty-two week high of $70.45. The firm has a 50-day simple moving average of $61.77 and a 200 day simple moving average of $58.65. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 7.58.

Las Vegas Sands (NYSE:LVS) last issued its earnings results on Wednesday, January 28th. The casino operator reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.08. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a net margin of 12.50% and a return on equity of 91.40%. Las Vegas Sands’s revenue was up 26.0% on a year-over-year basis. During the same quarter last year, the company posted $0.54 earnings per share. On average, sell-side analysts anticipate that Las Vegas Sands Corp. will post 2.6 EPS for the current year.

Las Vegas Sands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Monday, February 9th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, February 9th. This is an increase from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s dividend payout ratio (DPR) is currently 51.28%.

About Las Vegas Sands

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.