The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/07/05/schafer-cullen-capital-management-inc-continues-to-hold-position-in-las-vegas-sands-corp-lvs-updated-updated.html.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Architects Inc raised its position in Las Vegas Sands Corp.by 226.1% in the first quarter. Financial Architects Inc now owns 1,875 shares of the casino operator's stock worth $107,000 after buying an additional 1,300 shares during the period. BlackRock Inc. increased its position in shares of Las Vegas Sands Corp.by 2,504.7% in the first quarter. The fund owned 280,583 shares of the casino operator's stock after buying an additional 194,100 shares during the period. Nikko Asset Management Americas Inc. acquired a new position in shares of Las Vegas Sands Corp. during the first quarter valued at $154,000. State Street Corp now owns 8,023,114 shares of the casino operator's stock valued at $457,878,000 after buying an additional 360,249 shares during the last quarter. Nicholas Investment Partners LP boosted its position in shares of Las Vegas Sands Corp.by 2,418.0% in the first quarter. Horizon Kinetics Limited Company owns 0.52% invested in Las Vegas Sands Corp. Moreover, Cantab Llp has 0% invested in Las Vegas Sands Corp. The stock decreased 1.97% or $1.26 on July 3, reaching $62.63. Over the past year Company's shares have been trading in the range of $31.97 and $38.45. Las Vegas Sands Corp. has a 52-week low of 42.29 and a 52-week high of 66.22. The company has a market cap of $51.16 billion, a P/E ratio of 28.013 and a beta of 1.75. The stock's 50-day moving average is $60.47 and its 200-day moving average is $56.65. Las Vegas Sands Corp. also was the target of some unusual options trading on Friday. This is an increase of approximately 156% compared to the average daily volume of 769 call options.
Las Vegas Sands Corp. (NYSE:LVS) last posted its earnings results on Wednesday, April 26th. The casino operator reported $0.66 EPS for the quarter, beating the consensus estimate of $0.62 by $0.04. The company had revenue of $3.11 billion during the quarter, compared to the consensus estimate of $3.11 billion. Has $234,000 Stake in Las Vegas Sands Corp. Las Vegas Sands Corp.'s revenue was up 14.3% on a year-over-year basis. During the key period of last 5 years, Intel Corporation (NASDAQ:INTC) sales have annually surged 1.90% on average, however its earnings per share growth remained at -2.40%. On average, analysts predict that Las Vegas Sands Corp. will post $2.60 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Thursday, June 22nd were given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend was Tuesday, June 20th. Las Vegas Sands Corp.'s dividend payout ratio is now 126.96%. If you are reading this news story on another site, it was stolen and republished in violation of United States and global copyright & trademark laws. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and global trademark & copyright laws. Fiera Capital Corp holds 0% in Las Vegas Sands Corp.
LVS has been the topic of a number of analyst reports. Finally, Wolfe Research restated a "market perform" rating on shares of Las Vegas Sands Corp.in a report on Tuesday, March 28th. (NYSE:LVS). State Common Retirement Fund reported 0.09% of its portfolio in Las Vegas Sands Corp.
04/27/2017 - Las Vegas Sands Corp. had its "buy" rating reiterated by analysts at Aegis Capital. Stifel Nicolaus increased their price target on shares of Las Vegas Sands Corp. from $63.00 to $66.00 and gave the stock a "buy" rating in a report on Thursday, April 27th. Vetr lowered Las Vegas Sands Corp. from a "buy" rating to a "hold" rating and set a $64.62 price objective on the stock.in a report on Monday, June 5th. Ten research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of "Buy" and an average target price of $61.70.
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.