Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Rothschild Investment Corp IL

Rothschild Investment Corp IL reduced its position in Las Vegas Sands Corp. (NYSE:LVS) by 1.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 129,487 shares of the casino operator’s stock after selling 1,425 shares during the quarter. Rothschild Investment Corp IL’s holdings in Las Vegas Sands were worth $7,479,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. State of Alaska Department of Revenue increased its stake in Las Vegas Sands by 0.4% in the 2nd quarter. State of Alaska Department of Revenue now owns 44,121 shares of the casino operator’s stock valued at $2,606,000 after buying an additional 173 shares during the period. Moors & Cabot Inc. increased its stake in Las Vegas Sands by 2.9% in the 2nd quarter. Moors & Cabot Inc. now owns 6,497 shares of the casino operator’s stock valued at $384,000 after buying an additional 181 shares during the period. Alpha Cubed Investments LLC increased its stake in Las Vegas Sands by 2.9% in the 2nd quarter. Alpha Cubed Investments LLC now owns 6,561 shares of the casino operator’s stock valued at $388,000 after buying an additional 185 shares during the period. Windward Capital Management Co. CA increased its stake in Las Vegas Sands by 0.5% in the 2nd quarter. Windward Capital Management Co. CA now owns 36,627 shares of the casino operator’s stock valued at $2,164,000 after buying an additional 188 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of Las Vegas Sands by 5.5% during the 2nd quarter. Parallel Advisors LLC now owns 3,726 shares of the casino operator’s stock worth $220,000 after purchasing an additional 195 shares during the period. 36.30% of the stock is currently owned by institutional investors.

In related news, EVP Lawrence A. Jacobs sold 66,667 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $60.16, for a total value of $4,010,686.72. Following the sale, the executive vice president now directly owns 66,667 shares in the company, valued at approximately $4,010,686.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Kathleen Bender Patton sold 2,008 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $35.60, for a total transaction of $71,484.80. 10.50% of the stock is owned by insiders.

Shares of NYSE:LVS traded up $2.71 on Friday, reaching $57.50. 468,089 shares of the company were exchanged, compared to its average volume of 8,256,574. Las Vegas Sands Corp. has a 1-year low of $47.39 and a 1-year high of $69.60. The company has a current ratio of 1.64, a quick ratio of 1.62 and a debt-to-equity ratio of 1.81. The company has a 50-day moving average of $56.21 and a 200-day moving average of $59.84. The firm has a market cap of $42.18 billion, a price-to-earnings ratio of 17.34, a price-to-earnings-growth ratio of 7.03 and a beta of 1.60.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings data on Wednesday, July 24th. The casino operator reported $0.72 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.09). Las Vegas Sands had a return on equity of 35.77% and a net margin of 14.01%. The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter in the prior year, the firm earned $0.76 earnings per share. Las Vegas Sands’s quarterly revenue was up .9% on a year-over-year basis. As a group, analysts forecast that Las Vegas Sands Corp. will post 3.17 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Wednesday, September 18th were given a $0.77 dividend. The ex-dividend date was Tuesday, September 17th. This represents a $3.08 annualized dividend and a dividend yield of 5.36%. Las Vegas Sands’s dividend payout ratio is presently 92.77%.

A number of research firms have recently weighed in on LVS. Morgan Stanley lowered their price target on shares of Las Vegas Sands from $68.00 to $66.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 17th. Argus cut shares of Las Vegas Sands from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th. JPMorgan Chase & Co. lowered their price target on shares of Las Vegas Sands from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Friday, September 6th. Deutsche Bank raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating and upped their price target for the stock from $69.00 to $70.00 in a research note on Sunday, September 8th. Finally, Standpoint Research began coverage on shares of Las Vegas Sands in a research note on Wednesday, September 4th. They set a “buy” rating on the stock. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $67.23.

Las Vegas Sands Company Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Sands Cotai Central, 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 iconic Marina Bay Sands in Singapore.

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

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