Las Vegas Sands Corp. (NYSE:LVS) Stock Rating Reaffirmed by Stifel Nicolaus

Paterniano Del Favero
Agosto 13, 2017

(NYSE:LVS) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,000 shares of the casino operator's stock after selling 3,000 shares during the period.

Shares of Las Vegas Sands Corp. Institutional investors and hedge funds own 38.27% of the company's stock. Financial Architects Inc raised its stake in shares of Las Vegas Sands Corp.by 226.1% in the first quarter. Ffcm LLC now owns 2,436 shares of the casino operator's stock worth $153,000 after buying an additional 1,160 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Las Vegas Sands Corp. during the first quarter worth about $119,000. Chesley Taft & Associates LLC increased its position in shares of Las Vegas Sands Corp.by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 732,159 shares of the casino operator's stock valued at $39,109,000 after buying an additional 8,827 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its position in shares of Las Vegas Sands Corp.by 33.4% in the first quarter. The value of the investment in LVS went from $1,242,000 to $2,367,000 increasing 90.6% since the last quarter. Advisors Capital Management LLC increased its position in shares of Las Vegas Sands Corp.by 7.4% in the second quarter. As of quarter end Bluemountain Capital Management, LLC had sold 23,841 shares trimming its position 37.8%. Instinet reaffirmed a "neutral" rating on shares of Las Vegas Sands Corp.in a report on Monday, July 17th. (LVS) opened at 59.66 on Friday.

Company shares last traded at $60.16 marginally under the 50 day moving average which is $62.21 and which is a tad above the 200 day moving average of $58.26. The firm has a market cap of $47.25 billion, a PE ratio of 23.21 and a beta of 1.81. Las Vegas Sands Corp.

Las Vegas Sands Corp. had a return on equity of 29.91% and a net margin of 16.66%. (NYSE:LVS) last announced its earnings results on Wednesday, July 26th. The casino operator reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.14. Great Lakes Advsrs Limited Liability Corporation reported 0.06% of its portfolio in Las Vegas Sands Corp. The business had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same period a year ago, the company posted $0.52 EPS. The company's revenue was up 18.5% compared to the same quarter previous year. On average, equities analysts expect that Las Vegas Sands Corp. will post $2.74 earnings per share for the current fiscal year. The company recently announced a dividend for shareholders payable on Friday September 29th, 2017. Moreover, Koch Industries Inc has 0.16% invested in the company for 10,464 shares. The ex-dividend date has been established as Tuesday the 20th of June 2017. This dividend represents a yeild of $4.80 which is the dividend as a percentage of the current share price. Las Vegas Sands Corp.'s payout ratio is 113.18%.

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Several research analysts have recently commented on LVS shares. Finally, Telsey Advisory Group raised their price objective on Las Vegas Sands Corp. from $58.00 to $62.00 and gave the company a "market perform" rating in a research report on Thursday, April 27th. Susquehanna Bancshares Inc reissued a "buy" rating and set a $69.00 price target on shares of Las Vegas Sands Corp.in a research report on Friday, April 28th. Aegis reaffirmed a "buy" rating and issued a $60.00 target price (up previously from $59.00) on shares of Las Vegas Sands Corp.in a report on Sunday, April 23rd.

New Jersey Better Educational Savings Trust decreased its stake in shares of Las Vegas Sands Corp. Las Vegas Sands Corp. now has a consensus rating of "Buy" and an average price target of $63.10.

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.

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