Krilogy Financial LLC Buys Shares of 16,207 Las Vegas Sands Corp. $LVS

Krilogy Financial LLC purchased a new stake in Las Vegas Sands Corp. (NYSE:LVSFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 16,207 shares of the casino operator’s stock, valued at approximately $872,000.

A number of other hedge funds also recently made changes to their positions in LVS. Norges Bank bought a new position in Las Vegas Sands in the 2nd quarter worth approximately $134,179,000. ARGA Investment Management LP boosted its position in Las Vegas Sands by 36.8% during the 2nd quarter. ARGA Investment Management LP now owns 10,040,975 shares of the casino operator’s stock worth $436,883,000 after acquiring an additional 2,698,398 shares during the period. Vanguard Group Inc. grew its stake in shares of Las Vegas Sands by 4.4% in the second quarter. Vanguard Group Inc. now owns 43,072,014 shares of the casino operator’s stock worth $1,874,063,000 after purchasing an additional 1,822,806 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Las Vegas Sands by 4,226.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,012,800 shares of the casino operator’s stock valued at $44,067,000 after purchasing an additional 989,392 shares during the period. Finally, Carrhae Capital LLP bought a new stake in shares of Las Vegas Sands during the second quarter valued at about $41,849,000. Institutional investors own 39.16% of the company’s stock.

Las Vegas Sands News Roundup

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

  • Positive Sentiment: Board names Patrick Dumont as chairman & CEO (effective March 1). Dumont, the company’s president and COO since 2021, will take over top leadership — a succession that signals continuity of current strategy and operations and reduces near‑term governance uncertainty. Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
  • Positive Sentiment: Analyst upgrades: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (including FY2026 to ~$3.08, FY2027 to ~$3.34 and FY2028 to ~$3.66, plus several quarterly boosts). Although Zacks still carries a “Hold” rating, higher estimates point to improved earnings momentum that can support the stock’s valuation.
  • Neutral Sentiment: Sands China awarded consecutive “Top Employer” certification — recognition for HR practices and long employee tenure in Macao. This is positive for retention and operations but is a longer‑horizon, lower‑impact item for near‑term stock moves. Sands China Awarded 2nd Consecutive “Top Employer” Certification

Analyst Ratings Changes

A number of equities analysts recently issued reports on LVS shares. Jefferies Financial Group decreased their target price on shares of Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Argus reduced their price target on shares of Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Mizuho increased their price objective on shares of Las Vegas Sands from $63.00 to $65.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Las Vegas Sands from $76.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Las Vegas Sands in a research report on Monday, December 29th. Twelve research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.55.

Get Our Latest Stock Analysis on Las Vegas Sands

Insider Buying and Selling

In other Las Vegas Sands news, Director Irwin Chafetz sold 30,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $69.76, for a total transaction of $2,092,800.00. Following the completion of the sale, the director directly owned 70,949 shares of the company’s stock, valued at approximately $4,949,402.24. This represents a 29.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Patrick Dumont sold 135,603 shares of Las Vegas Sands stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $67.96, for a total transaction of $9,215,579.88. Following the completion of the transaction, the chief operating officer directly owned 446,608 shares in the company, valued at approximately $30,351,479.68. This trade represents a 23.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,082,053 shares of company stock worth $207,130,199 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Las Vegas Sands Trading Up 0.5%

Las Vegas Sands stock opened at $57.10 on Friday. Las Vegas Sands Corp. has a 1 year low of $30.18 and a 1 year high of $70.45. The firm’s 50 day moving average price is $61.77 and its two-hundred day moving average price is $58.57. The firm has a market cap of $38.37 billion, a price-to-earnings ratio of 24.40, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The company has a debt-to-equity ratio of 7.58, a quick ratio of 0.88 and a current ratio of 1.14.

Las Vegas Sands (NYSE:LVSGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.08. The business had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.33 billion. Las Vegas Sands had a return on equity of 91.40% and a net margin of 12.50%.The company’s revenue was up 26.0% compared to the same quarter last year. During the same period last year, the company posted $0.54 EPS. On average, research analysts predict that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Monday, February 9th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. This is an increase from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s dividend payout ratio (DPR) is 51.28%.

Las Vegas Sands Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding LVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Las Vegas Sands Corp. (NYSE:LVSFree Report).

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

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