Nisa Investment Advisors LLC Buys 341 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Nisa Investment Advisors LLC raised its stake in Las Vegas Sands Corp. (NYSE:LVS) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,181 shares of the casino operator’s stock after acquiring an additional 341 shares during the period. Nisa Investment Advisors LLC’s holdings in Las Vegas Sands were worth $985,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LVS. Fort Washington Investment Advisors Inc. OH grew its position in Las Vegas Sands by 9.2% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 876,500 shares of the casino operator’s stock valued at $45,017,000 after purchasing an additional 73,511 shares during the last quarter. UMB Bank n.a. raised its holdings in Las Vegas Sands by 73.5% in the fourth quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock worth $30,000 after buying an additional 247 shares during the last quarter. HB Wealth Management LLC lifted its stake in shares of Las Vegas Sands by 14.9% in the fourth quarter. HB Wealth Management LLC now owns 5,396 shares of the casino operator’s stock worth $277,000 after buying an additional 701 shares in the last quarter. Merit Financial Group LLC purchased a new stake in shares of Las Vegas Sands during the fourth quarter valued at approximately $291,000. Finally, Czech National Bank increased its position in shares of Las Vegas Sands by 4.8% during the fourth quarter. Czech National Bank now owns 75,456 shares of the casino operator’s stock valued at $3,875,000 after acquiring an additional 3,449 shares in the last quarter. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands Stock Down 0.1 %

LVS opened at $43.45 on Tuesday. Las Vegas Sands Corp. has a 1-year low of $36.62 and a 1-year high of $56.60. The firm’s 50 day simple moving average is $50.30 and its two-hundred day simple moving average is $46.71. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 3.09. The company has a market capitalization of $31.50 billion, a PE ratio of 21.51, a PEG ratio of 1.00 and a beta of 1.09.

Analysts Set New Price Targets

Several equities analysts recently issued reports on LVS shares. Wells Fargo & Company upped their price objective on Las Vegas Sands from $53.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. increased their price objective on Las Vegas Sands from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Morgan Stanley reissued an “equal weight” rating and issued a $51.00 target price (down previously from $54.00) on shares of Las Vegas Sands in a research report on Tuesday, January 14th. Jefferies Financial Group upgraded shares of Las Vegas Sands from a “hold” rating to a “buy” rating and upped their target price for the company from $60.00 to $69.00 in a research note on Friday, January 3rd. Finally, Barclays lifted their price target on shares of Las Vegas Sands from $58.00 to $61.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Las Vegas Sands has an average rating of “Moderate Buy” and an average target price of $59.92.

Insider Buying and Selling

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 24,324 shares of Las Vegas Sands stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $52.00, for a total transaction of $1,264,848.00. Following the transaction, the chief executive officer now owns 60,187 shares of the company’s stock, valued at $3,129,724. The trade was a 28.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert G. Goldstein sold 60,187 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $53.02, for a total transaction of $3,191,114.74. The disclosure for this sale can be found here. 0.91% of the stock is owned by insiders.

Las Vegas Sands 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.