Glenmede Trust Co. NA Has $1.09 Million Position in Las Vegas Sands Corp. $LVS

Glenmede Trust Co. NA increased its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 147.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,237 shares of the casino operator’s stock after acquiring an additional 12,048 shares during the quarter. Glenmede Trust Co. NA’s holdings in Las Vegas Sands were worth $1,090,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Swiss Life Asset Management Ltd raised its holdings in Las Vegas Sands by 116.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 148,196 shares of the casino operator’s stock worth $9,646,000 after purchasing an additional 79,641 shares during the period. Crossmark Global Holdings Inc. grew its holdings in shares of Las Vegas Sands by 411.5% in the 4th quarter. Crossmark Global Holdings Inc. now owns 44,208 shares of the casino operator’s stock valued at $2,877,000 after buying an additional 35,566 shares during the period. Wealthfront Advisers LLC increased its position in shares of Las Vegas Sands by 40.6% in the 4th quarter. Wealthfront Advisers LLC now owns 67,446 shares of the casino operator’s stock valued at $4,390,000 after buying an additional 19,488 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Las Vegas Sands by 74.2% in the 1st quarter. SG Americas Securities LLC now owns 1,529,236 shares of the casino operator’s stock valued at $82,395,000 after buying an additional 651,214 shares in the last quarter. Finally, CenterBook Partners LP acquired a new stake in Las Vegas Sands during the 4th quarter worth $4,588,000. Institutional investors own 39.16% of the company’s stock.

Key Stories Impacting Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Zacks raised its EPS forecast for the first quarter of 2027 to $0.92 from $0.89 and for the first quarter of 2028 to $1.04 from $1.03. These increases provide limited evidence of potential improvement in select future periods.
• Neutral Sentiment: Sands China Ltd., a Las Vegas Sands subsidiary, received Great Place to Work Certification in Macau. The recognition may support employee morale and the company’s brand, but it is not expected to have a material immediate impact on LVS earnings. Sands China Earns Great Place To Work Certification
• Negative Sentiment: Zacks cut its FY2026 EPS forecast to $3.09 from $3.34, FY2027 to $3.49 from $3.63, and FY2028 to $3.73 from $3.91. It also lowered estimates for several quarters, including Q3 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027 and Q2 2028. The reductions suggest analysts see weaker operating performance or a slower recovery than previously expected.
• Negative Sentiment: Zacks maintained a “Strong Sell” rating on Las Vegas Sands. Its current-year forecast of $3.09 per share is slightly below the broader consensus estimate of $3.12, adding to the cautious outlook.
• Negative Sentiment: The estimate cuts follow Las Vegas Sands’ latest quarterly report, in which EPS and revenue came in below analyst expectations and revenue declined year over year. This weak earnings backdrop likely amplified the market’s sensitivity to the downward revisions.

Wall Street Analysts Forecast Growth

Several brokerages have commented on LVS. Morgan Stanley cut their price target on shares of Las Vegas Sands from $68.00 to $61.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Citigroup lowered their price objective on shares of Las Vegas Sands from $78.50 to $73.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. UBS Group set a $52.00 target price on shares of Las Vegas Sands in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $62.00 price objective (down from $73.00) on shares of Las Vegas Sands in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company reduced their target price on Las Vegas Sands from $65.00 to $53.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $61.88.

Las Vegas Sands Stock Performance

Shares of LVS stock opened at $46.13 on Friday. Las Vegas Sands Corp. has a 52 week low of $44.21 and a 52 week high of $70.45. The company has a market capitalization of $29.88 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.13 and a beta of 0.85. The company has a 50-day simple moving average of $47.81 and a 200 day simple moving average of $52.32. The company has a debt-to-equity ratio of 15.27, a quick ratio of 0.99 and a current ratio of 1.00.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings results on Wednesday, July 22nd. The casino operator reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.17). The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.31 billion. Las Vegas Sands had a net margin of 12.59% and a return on equity of 133.90%. The firm’s revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.66 earnings per share. On average, sell-side analysts predict that Las Vegas Sands Corp. will post 3.09 earnings per share for the current year.

Las Vegas Sands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 12th. Stockholders of record on Tuesday, August 4th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, August 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.6%. Las Vegas Sands’s dividend payout ratio (DPR) is 46.69%.

Las Vegas Sands Company Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.