Duality Advisers LP Has $200,000 Stock Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Duality Advisers LP lessened its position in Las Vegas Sands Corp. (NYSE:LVS) by 66.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,074 shares of the casino operator’s stock after selling 8,122 shares during the period. Duality Advisers LP’s holdings in Las Vegas Sands were worth $200,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in LVS. CWM LLC raised its holdings in shares of Las Vegas Sands by 12.9% in the third quarter. CWM LLC now owns 7,234 shares of the casino operator’s stock valued at $332,000 after buying an additional 829 shares during the last quarter. Oak Thistle LLC bought a new position in shares of Las Vegas Sands in the third quarter valued at about $475,000. Czech National Bank raised its holdings in shares of Las Vegas Sands by 47.7% in the third quarter. Czech National Bank now owns 57,452 shares of the casino operator’s stock valued at $2,634,000 after buying an additional 18,555 shares during the last quarter. Solidarity Wealth LLC raised its holdings in shares of Las Vegas Sands by 12.7% in the third quarter. Solidarity Wealth LLC now owns 30,914 shares of the casino operator’s stock valued at $1,417,000 after buying an additional 3,489 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Las Vegas Sands by 9.5% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 83,903 shares of the casino operator’s stock valued at $3,846,000 after buying an additional 7,300 shares during the last quarter. Institutional investors and hedge funds own 39.16% of the company’s stock.

Insiders Place Their Bets

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $52.06, for a total transaction of $5,206,000.00. Following the completion of the transaction, the chief executive officer now owns 172,801 shares of the company’s stock, valued at approximately $8,996,020.06. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.91% of the company’s stock.

Las Vegas Sands Price Performance

Shares of LVS opened at $45.43 on Friday. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a 50 day simple moving average of $51.18 and a 200 day simple moving average of $49.63. Las Vegas Sands Corp. has a 52-week low of $43.77 and a 52-week high of $65.58. The firm has a market capitalization of $33.85 billion, a PE ratio of 21.95, a P/E/G ratio of 0.85 and a beta of 1.16.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings data on Wednesday, April 17th. The casino operator reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.13. Las Vegas Sands had a return on equity of 42.34% and a net margin of 13.99%. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the firm earned $0.28 EPS. Las Vegas Sands’s quarterly revenue was up 34.9% compared to the same quarter last year. Sell-side analysts predict that Las Vegas Sands Corp. will post 2.65 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 7th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Monday, May 6th. Las Vegas Sands’s dividend payout ratio (DPR) is currently 38.65%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LVS. Stifel Nicolaus cut their price target on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Mizuho dropped their price objective on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft dropped their price objective on Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Morgan Stanley boosted their price objective on Las Vegas Sands from $61.00 to $62.00 and gave the stock an “overweight” rating in a report on Tuesday, April 9th. Finally, JPMorgan Chase & Co. dropped their price objective on Las Vegas Sands from $59.00 to $55.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Las Vegas Sands currently has an average rating of “Moderate Buy” and a consensus price target of $63.46.

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.