Aperio Group LLC increased its stake in Las Vegas Sands Corp. (NYSE:LVS) by 7.8% during the third quarter, Holdings Channel reports. The institutional investor owned 91,980 shares of the casino operator’s stock after buying an additional 6,625 shares during the period. Aperio Group LLC’s holdings in Las Vegas Sands Corp. were worth $5,293,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LVS. Northern Cross LLC boosted its stake in Las Vegas Sands Corp. by 5.8% in the second quarter. Northern Cross LLC now owns 39,053,967 shares of the casino operator’s stock valued at $1,698,457,000 after buying an additional 2,131,779 shares during the last quarter. Vontobel Asset Management Inc. boosted its stake in Las Vegas Sands Corp. by 29.9% in the third quarter. Vontobel Asset Management Inc. now owns 6,233,310 shares of the casino operator’s stock valued at $363,695,000 after buying an additional 1,434,774 shares during the last quarter. Newport Asia LLC acquired a new stake in Las Vegas Sands Corp. during the second quarter valued at about $58,394,000. AQR Capital Management LLC boosted its stake in Las Vegas Sands Corp. by 422.2% in the second quarter. AQR Capital Management LLC now owns 1,653,159 shares of the casino operator’s stock valued at $71,896,000 after buying an additional 1,336,611 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in Las Vegas Sands Corp. by 127.6% in the second quarter. UBS Asset Management Americas Inc. now owns 2,039,239 shares of the casino operator’s stock valued at $88,688,000 after buying an additional 1,143,077 shares during the last quarter. Hedge funds and other institutional investors own 39.82% of the company’s stock.

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

Shares of Las Vegas Sands Corp. (NYSE:LVS) traded down 0.64% on Tuesday, reaching $62.15. 2,639,068 shares of the company traded hands. Las Vegas Sands Corp. has a 1-year low of $34.88 and a 1-year high of $63.38. The company has a 50-day moving average of $58.88 and a 200-day moving average of $52.19. The stock has a market capitalization of $49.39 billion, a price-to-earnings ratio of 30.35 and a beta of 1.98.

Las Vegas Sands Corp. (NYSE:LVS) last announced its earnings results on Thursday, November 3rd. The casino operator reported $0.72 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.12. The company earned $2.97 billion during the quarter, compared to the consensus estimate of $2.80 billion. Las Vegas Sands Corp. had a net margin of 14.53% and a return on equity of 23.24%. Las Vegas Sands Corp.’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the firm earned $0.66 earnings per share. Analysts anticipate that Las Vegas Sands Corp. will post $2.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Wednesday, December 21st will be paid a $0.72 dividend. The ex-dividend date is Monday, December 19th. This represents a $2.88 annualized dividend and a yield of 4.63%. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is 140.49%.

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LVS has been the topic of several research reports. Telsey Advisory Group lifted their price objective on Las Vegas Sands Corp. from $50.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday, November 4th. Vetr cut Las Vegas Sands Corp. from a “buy” rating to a “hold” rating and set a $64.98 price objective on the stock. in a research report on Monday. Goldman Sachs Group Inc. reaffirmed a “neutral” rating on shares of Las Vegas Sands Corp. in a research report on Wednesday, October 5th. Susquehanna reaffirmed a “positive” rating and set a $63.00 price objective on shares of Las Vegas Sands Corp. in a research report on Thursday, September 8th. Finally, Deutsche Bank AG lifted their price objective on Las Vegas Sands Corp. from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Wednesday, October 19th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $57.33.

About Las Vegas Sands Corp.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that offers 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.

5 Day Chart for NYSE:LVS

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