Davidson Investment Advisors raised its stake in Las Vegas Sands Corp. (NYSE:LVS) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 161,683 shares of the casino operator’s stock after acquiring an additional 995 shares during the period. Las Vegas Sands makes up 1.2% of Davidson Investment Advisors’ holdings, making the stock its 26th biggest holding. Davidson Investment Advisors’ holdings in Las Vegas Sands were worth $11,235,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janus Henderson Group PLC increased its position in shares of Las Vegas Sands by 25.0% in the 3rd quarter. Janus Henderson Group PLC now owns 4,051,823 shares of the casino operator’s stock worth $259,973,000 after purchasing an additional 810,373 shares during the last quarter. Csenge Advisory Group bought a new stake in shares of Las Vegas Sands during the 3rd quarter valued at about $504,000. Yellowstone Partners LLC bought a new stake in shares of Las Vegas Sands during the 3rd quarter valued at about $640,000. Westfield Capital Management Co. LP bought a new stake in shares of Las Vegas Sands during the 3rd quarter valued at about $327,000. Finally, AXA grew its position in shares of Las Vegas Sands by 3.9% during the 3rd quarter. AXA now owns 107,969 shares of the casino operator’s stock valued at $6,927,000 after buying an additional 4,067 shares during the last quarter. 37.34% of the stock is owned by institutional investors.

Las Vegas Sands Corp. (NYSE:LVS) opened at $73.15 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.05 and a current ratio of 1.07. The stock has a market cap of $56,550.94, a PE ratio of 23.53 and a beta of 1.72. Las Vegas Sands Corp. has a one year low of $51.35 and a one year high of $79.84.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, January 24th. The casino operator reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.11. The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.26 billion. Las Vegas Sands had a net margin of 21.78% and a return on equity of 34.76%. Las Vegas Sands’s revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.62 EPS. equities research analysts predict that Las Vegas Sands Corp. will post 3.33 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 22nd will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 4.10%. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.73. The ex-dividend date is Wednesday, March 21st. Las Vegas Sands’s payout ratio is presently 82.49%.

LVS has been the subject of a number of recent research reports. Roth Capital initiated coverage on shares of Las Vegas Sands in a research report on Wednesday, October 25th. They set a “buy” rating and a $69.00 price objective for the company. Zacks Investment Research raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Thursday, October 26th. Morgan Stanley boosted their price objective on shares of Las Vegas Sands from $63.00 to $65.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Deutsche Bank boosted their price objective on shares of Las Vegas Sands from $54.00 to $57.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Finally, Gabelli boosted their price objective on shares of Las Vegas Sands from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Ten research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Las Vegas Sands presently has an average rating of “Buy” and an average target price of $70.54.

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About Las Vegas Sands

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. The Company owns and operates integrated resorts in Asia and the United States.

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Institutional Ownership by Quarter for Las Vegas Sands (NYSE:LVS)

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