Shares of Las Vegas Sands Corp. (NYSE:LVS) have been assigned an average recommendation of “Buy” from the twenty-two brokerages that are covering the stock. Ten analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $61.87.

LVS has been the subject of several research reports. Stifel Nicolaus boosted their price objective on shares of Las Vegas Sands Corp. from $63.00 to $66.00 and gave the company a “buy” rating in a research note on Thursday, April 27th. Deutsche Bank AG boosted their price objective on shares of Las Vegas Sands Corp. from $50.00 to $52.00 and gave the company a “hold” rating in a research note on Friday, April 28th. Susquehanna Bancshares Inc reissued a “buy” rating and set a $69.00 price objective on shares of Las Vegas Sands Corp. in a research note on Friday, April 28th. CLSA reissued a “buy” rating on shares of Las Vegas Sands Corp. in a research note on Thursday, April 27th. Finally, Vetr cut shares of Las Vegas Sands Corp. from a “strong-buy” rating to a “buy” rating and set a $62.30 price objective for the company. in a research note on Wednesday, January 25th.

A number of institutional investors have recently bought and sold shares of LVS. Achmea Investment Management B.V. purchased a new position in Las Vegas Sands Corp. during the first quarter worth $1,071,000. Meridian Wealth Management LLC purchased a new position in Las Vegas Sands Corp. during the first quarter worth $491,000. Point72 Asia Hong Kong Ltd boosted its position in Las Vegas Sands Corp. by 87.2% in the first quarter. Point72 Asia Hong Kong Ltd now owns 2,994 shares of the casino operator’s stock worth $171,000 after buying an additional 1,395 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Las Vegas Sands Corp. during the first quarter worth $4,566,000. Finally, Janus Capital Management LLC boosted its position in Las Vegas Sands Corp. by 55.0% in the first quarter. Janus Capital Management LLC now owns 1,135,637 shares of the casino operator’s stock worth $64,811,000 after buying an additional 403,101 shares during the last quarter. 40.16% of the stock is owned by institutional investors.

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Las Vegas Sands Corp. (NYSE:LVS) traded down 0.29% on Tuesday, hitting $57.53. The stock had a trading volume of 2,673,375 shares. The firm has a market cap of $45.68 billion, a price-to-earnings ratio of 25.01 and a beta of 1.91. Las Vegas Sands Corp. has a one year low of $41.45 and a one year high of $63.38. The company’s 50-day moving average price is $57.57 and its 200 day moving average price is $56.37.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings results on Wednesday, April 26th. The casino operator reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ 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. Las Vegas Sands Corp. had a return on equity of 23.75% and a net margin of 14.64%. Las Vegas Sands Corp.’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 EPS. Analysts expect that Las Vegas Sands Corp. will post $2.59 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 22nd will be given a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, June 20th. This represents a $2.92 dividend on an annualized basis and a yield of 5.08%. Las Vegas Sands Corp.’s payout ratio is currently 137.14%.

Las Vegas Sands Corp. Company Profile

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.

12 Month Chart for NYSE:LVS

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