Las Vegas Sands Corp. (NYSE:LVS) Stock Holdings Lessened by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in Las Vegas Sands Corp. (NYSE:LVS) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,569 shares of the casino operator’s stock after selling 2,508 shares during the period. Yousif Capital Management LLC’s holdings in Las Vegas Sands were worth $1,365,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC increased its stake in shares of Las Vegas Sands by 40.1% in the third quarter. GAMMA Investing LLC now owns 849 shares of the casino operator’s stock worth $43,000 after acquiring an additional 243 shares during the last quarter. CWM LLC increased its stake in shares of Las Vegas Sands by 16.1% in the third quarter. CWM LLC now owns 10,338 shares of the casino operator’s stock worth $520,000 after acquiring an additional 1,437 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Las Vegas Sands by 419.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,858 shares of the casino operator’s stock worth $94,000 after acquiring an additional 1,500 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in shares of Las Vegas Sands by 113.8% in the third quarter. Exchange Traded Concepts LLC now owns 27,790 shares of the casino operator’s stock worth $1,399,000 after acquiring an additional 14,794 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its stake in shares of Las Vegas Sands by 67.6% in the third quarter. Vontobel Holding Ltd. now owns 38,981 shares of the casino operator’s stock worth $1,962,000 after acquiring an additional 15,727 shares during the last quarter. Institutional investors own 39.16% of the company’s stock.

Insider Buying and Selling at Las Vegas Sands

In other news, CEO Robert G. Goldstein sold 60,187 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $53.02, for a total value of $3,191,114.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.91% of the company’s stock.

Las Vegas Sands Stock Performance

Shares of LVS stock opened at $41.93 on Thursday. The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.89 and a current ratio of 0.90. The company has a market capitalization of $30.40 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 1.32 and a beta of 1.08. Las Vegas Sands Corp. has a 52 week low of $36.62 and a 52 week high of $56.60. The company has a 50-day simple moving average of $48.50 and a 200 day simple moving average of $46.92.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings data on Wednesday, January 29th. The casino operator reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a return on equity of 43.76% and a net margin of 12.80%. On average, sell-side analysts predict that Las Vegas Sands Corp. will post 2.63 earnings per share for the current year.

Las Vegas Sands Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Monday, February 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, February 10th. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 2.38%. Las Vegas Sands’s dividend payout ratio is currently 40.61%.

Analyst Upgrades and Downgrades

LVS has been the subject of a number of recent research reports. Morgan Stanley reiterated an “equal weight” rating and issued a $51.00 price objective (down from $54.00) on shares of Las Vegas Sands in a report on Tuesday, January 14th. Stifel Nicolaus upped their price target on shares of Las Vegas Sands from $55.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, October 24th. UBS Group upped their price target on shares of Las Vegas Sands from $49.00 to $50.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Barclays decreased their price target on shares of Las Vegas Sands from $61.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Finally, Macquarie increased their target price on shares of Las Vegas Sands from $57.00 to $58.00 and gave the company an “outperform” rating in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $59.58.

Las Vegas Sands Company Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People’s Republic of China; and Marina Bay Sands in Singapore.