Wealthfront Advisers LLC boosted its stake in shares of Las Vegas Sands Corp. (NYSE:LVS – Free Report) by 163.7% in the third quarter, HoldingsChannel reports. The firm owned 47,958 shares of the casino operator’s stock after purchasing an additional 29,769 shares during the quarter. Wealthfront Advisers LLC’s holdings in Las Vegas Sands were worth $2,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of LVS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Las Vegas Sands by 8.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,251 shares of the casino operator’s stock worth $1,207,000 after buying an additional 2,418 shares during the period. Woodline Partners LP lifted its position in Las Vegas Sands by 38.9% during the first quarter. Woodline Partners LP now owns 29,032 shares of the casino operator’s stock worth $1,122,000 after acquiring an additional 8,132 shares during the last quarter. Callan Family Office LLC acquired a new stake in Las Vegas Sands during the second quarter worth approximately $224,000. CWM LLC boosted its holdings in shares of Las Vegas Sands by 450.3% during the second quarter. CWM LLC now owns 57,636 shares of the casino operator’s stock worth $2,508,000 after acquiring an additional 47,162 shares during the period. Finally, Harbour Investments Inc. grew its position in shares of Las Vegas Sands by 21.4% in the second quarter. Harbour Investments Inc. now owns 1,401 shares of the casino operator’s stock valued at $61,000 after purchasing an additional 247 shares during the last quarter. 39.16% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Las Vegas Sands
In other Las Vegas Sands news, CEO Robert G. Goldstein sold 1,198,650 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $66.68, for a total value of $79,925,982.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Irwin Chafetz sold 30,000 shares of the firm’s stock in a transaction on 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 transaction, the director directly owned 70,949 shares of the company’s stock, valued at $4,949,402.24. The trade was a 29.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 3,082,053 shares of company stock valued at $207,130,199. 1.20% of the stock is owned by insiders.
Las Vegas Sands Stock Performance
Las Vegas Sands (NYSE:LVS – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 EPS for the quarter, beating the consensus estimate of $0.77 by $0.08. Las Vegas Sands had a net margin of 12.50% and a return on equity of 91.40%. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. The firm’s revenue was up 26.0% compared to the same quarter last year. As a group, research analysts predict that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.
Las Vegas Sands Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Monday, February 9th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, February 9th. This represents a $1.20 annualized dividend and a yield of 2.1%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s dividend payout ratio is 51.28%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on LVS shares. The Goldman Sachs Group lowered their target price on Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Morgan Stanley set a $66.00 target price on Las Vegas Sands in a report on Wednesday. Macquarie Infrastructure reissued an “outperform” rating and issued a $70.00 target price on shares of Las Vegas Sands in a research report on Thursday, January 29th. UBS Group upped their price target on shares of Las Vegas Sands from $67.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Las Vegas Sands from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Twelve research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $68.55.
Get Our Latest Stock Analysis on Las Vegas Sands
More Las Vegas Sands News
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
Las Vegas Sands Company Profile
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.
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