37,729 Las Vegas Sands Corp. $LVS Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its position in Las Vegas Sands Corp. (NYSE:LVS) by 15.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 200,551 shares of the casino operator’s stock after selling 37,729 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Las Vegas Sands were worth $7,583,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LVS. CWA Asset Management Group LLC lifted its holdings in Las Vegas Sands by 11.5% during the third quarter. CWA Asset Management Group LLC now owns 98,918 shares of the casino operator’s stock worth $3,740,000 after acquiring an additional 10,188 shares in the last quarter. Burns Matteson Capital Management LLC bought a new position in Las Vegas Sands in the third quarter valued at approximately $489,000. Howard Capital Management LLC bought a new position in Las Vegas Sands in the third quarter valued at approximately $5,391,000. V Square Quantitative Management LLC boosted its holdings in shares of Las Vegas Sands by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 9,133 shares of the casino operator’s stock valued at $345,000 after buying an additional 3,123 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Las Vegas Sands by 0.8% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 1,774,781 shares of the casino operator’s stock valued at $67,104,000 after buying an additional 13,580 shares during the period. 39.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group set a $41.00 price objective on shares of Las Vegas Sands in a report on Thursday. Argus cut shares of Las Vegas Sands from a “buy” rating to a “hold” rating in a research report on Thursday, July 30th. Susquehanna set a $47.00 target price on shares of Las Vegas Sands in a research note on Thursday. Wall Street Zen cut Las Vegas Sands from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Stifel Nicolaus lowered their target price on Las Vegas Sands from $54.00 to $52.00 and set a “buy” rating for the company in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Las Vegas Sands has a consensus rating of “Moderate Buy” and a consensus target price of $53.28.

Key Headlines Impacting Las Vegas Sands

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

• Positive Sentiment: The board raised its 2027 dividend by 20%, while the company continues returning capital through repurchases. Buybacks have reduced the share count by roughly 19% over the past 12 quarters. LVS 3Q net income dips 27pct y-o-y, board ups 2027 dividend by 20pct
• Positive Sentiment: Las Vegas Sands reported that its Macao mass-gaming market share reached 26.1%, supporting the company’s strategy of investing further in Macao. Its stake in Sands China has risen above 75.5%. Las Vegas Sands: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Management characterized the quarter as potentially “aberrational” and remained upbeat about the longer-term outlook, including recovery potential in high-end play and continued global demand. LVS chairman Dumont calls 3Q aberrational
• Neutral Sentiment: Analyst sentiment is mixed. Mizuho kept an “outperform” rating despite cutting its price target to $54, while Bank of America lowered its target to $45 and maintained “neutral.” Jefferies reduced its target to $37 and kept a “hold” rating. BofA Securities Adjusts Las Vegas Sands Price Target
• Negative Sentiment: Third-quarter revenue was $3.22 billion, below the $3.33 billion FactSet consensus, while adjusted earnings of $0.54 per share missed estimates near $0.68–$0.71. Revenue declined 3.5% year over year. LVS Earnings Flash
• Negative Sentiment: Net income fell 27% year over year as soft premium gaming in Macao and Singapore, along with higher costs, pressured profitability. JPMorgan also reduced its fourth-quarter forecasts, citing uncertainty around a high-end recovery. LVS Q3 Earnings and Revenues Miss

Las Vegas Sands Price Performance

Shares of LVS opened at $35.64 on Friday. The stock has a market capitalization of $23.08 billion, a P/E ratio of 14.61, a P/E/G ratio of 0.96 and a beta of 0.78. Las Vegas Sands Corp. has a twelve month low of $35.03 and a twelve month high of $70.45. The company has a 50 day moving average of $40.84 and a 200-day moving average of $46.65. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 15.27.

Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings data on Wednesday, October 21st. The casino operator reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.14). The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.33 billion. Las Vegas Sands had a return on equity of 129.62% and a net margin of 11.85%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 EPS. As a group, equities research analysts forecast that Las Vegas Sands Corp. will post 2.90 EPS for the current fiscal year.

Las Vegas Sands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Monday, November 2nd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Monday, November 2nd. Las Vegas Sands’s dividend payout ratio (DPR) is currently 49.18%.

Las Vegas Sands Profile

Las Vegas Sands Corp. (NYSE: LVS) is a global developer and operator of integrated resorts, combining hotel accommodations, casinos, convention and exhibition facilities, restaurants, retail outlets, entertainment venues and other leisure amenities. The company serves both mass-market and premium customers through large-scale properties designed to support tourism and business travel.

Las Vegas Sands’ principal operations are in Macau and Singapore. Its Macau portfolio includes properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and The Plaza Macao.