Lindbrook Capital LLC Has $192,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

Lindbrook Capital LLC boosted its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 12.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,894 shares of the casino operator’s stock after buying an additional 439 shares during the quarter. Lindbrook Capital LLC’s holdings in Las Vegas Sands were worth $192,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. California Public Employees Retirement System lifted its stake in shares of Las Vegas Sands by 4.9% during the third quarter. California Public Employees Retirement System now owns 652,220 shares of the casino operator’s stock valued at $29,898,000 after acquiring an additional 30,500 shares during the period. Nordea Investment Management AB lifted its position in Las Vegas Sands by 182.9% during the 4th quarter. Nordea Investment Management AB now owns 698,686 shares of the casino operator’s stock valued at $34,264,000 after purchasing an additional 451,710 shares during the period. DNB Asset Management AS boosted its stake in shares of Las Vegas Sands by 50.4% in the 4th quarter. DNB Asset Management AS now owns 672,905 shares of the casino operator’s stock valued at $33,114,000 after purchasing an additional 225,351 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Las Vegas Sands by 15.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,195 shares of the casino operator’s stock worth $467,000 after buying an additional 1,379 shares during the period. Finally, AM Squared Ltd bought a new stake in shares of Las Vegas Sands during the fourth quarter worth approximately $3,076,000. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands Price Performance

LVS stock opened at $46.57 on Tuesday. The stock has a 50-day moving average price of $51.90 and a two-hundred day moving average price of $49.68. Las Vegas Sands Corp. has a 1 year low of $43.77 and a 1 year high of $65.58. The stock has a market cap of $34.99 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 0.84 and a beta of 1.17. The company has a current ratio of 1.31, a quick ratio of 1.30 and a debt-to-equity ratio of 2.96.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, April 17th. The casino operator reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.13. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.94 billion. Las Vegas Sands had a return on equity of 41.81% and a net margin of 13.99%. Las Vegas Sands’s quarterly revenue was up 34.9% on a year-over-year basis. During the same period last year, the company earned $0.28 earnings per share. Equities analysts forecast that Las Vegas Sands Corp. will post 2.65 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th will be issued a $0.20 dividend. The ex-dividend date is Monday, May 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.72%. Las Vegas Sands’s dividend payout ratio (DPR) is presently 38.65%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Jefferies Financial Group reduced their price objective on shares of Las Vegas Sands from $54.00 to $53.00 and set a “hold” rating on the stock in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft decreased their target price on Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Mizuho lowered their price target on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. StockNews.com raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating in a research note on Wednesday, April 10th. Finally, Barclays lowered their target price on shares of Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $63.46.

Insider Transactions at Las Vegas Sands

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 100,000 shares of Las Vegas Sands stock in a transaction on Friday, March 15th. The shares were sold at an average price of $52.06, for a total value of $5,206,000.00. Following the sale, the chief executive officer now directly owns 172,801 shares in the company, valued at approximately $8,996,020.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is currently owned by insiders.

Las Vegas Sands Company Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, 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 Marina Bay Sands in Singapore.