Las Vegas Sands Corp. (NYSE:LVS) Stock Holdings Increased by Waldron Private Wealth LLC

Waldron Private Wealth LLC boosted its position in Las Vegas Sands Corp. (NYSE:LVS) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,466 shares of the casino operator’s stock after buying an additional 268 shares during the quarter. Waldron Private Wealth LLC’s holdings in Las Vegas Sands were worth $628,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in Las Vegas Sands by 40.1% in the third quarter. GAMMA Investing LLC now owns 849 shares of the casino operator’s stock valued at $43,000 after buying an additional 243 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Las Vegas Sands by 7.8% during the third quarter. Signaturefd LLC now owns 3,510 shares of the casino operator’s stock valued at $177,000 after purchasing an additional 253 shares during the last quarter. CVA Family Office LLC grew its holdings in shares of Las Vegas Sands by 118.8% during the third quarter. CVA Family Office LLC now owns 560 shares of the casino operator’s stock valued at $28,000 after purchasing an additional 304 shares during the last quarter. Western Pacific Wealth Management LP grew its holdings in shares of Las Vegas Sands by 53.5% during the first quarter. Western Pacific Wealth Management LP now owns 970 shares of the casino operator’s stock valued at $50,000 after purchasing an additional 338 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Las Vegas Sands by 0.8% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 53,098 shares of the casino operator’s stock valued at $2,350,000 after purchasing an additional 401 shares during the last quarter. 39.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on LVS. Stifel Nicolaus lowered their target price on Las Vegas Sands from $65.00 to $55.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Macquarie reduced their price objective on Las Vegas Sands from $58.00 to $56.00 and set an “outperform” rating for the company in a research report on Thursday, July 25th. Morgan Stanley boosted their price objective on Las Vegas Sands from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Tuesday. Susquehanna boosted their price objective on Las Vegas Sands from $51.00 to $59.00 and gave the stock a “positive” rating in a research report on Wednesday, October 16th. Finally, Jefferies Financial Group reduced their price objective on Las Vegas Sands from $53.00 to $47.00 and set a “hold” rating for the company in a research report on Thursday, July 11th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, Las Vegas Sands presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.83.

Las Vegas Sands Price Performance

Shares of Las Vegas Sands stock opened at $51.75 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 3.29. The company’s 50-day moving average price is $44.71 and its two-hundred day moving average price is $44.35. Las Vegas Sands Corp. has a 52 week low of $36.62 and a 52 week high of $55.65. The stock has a market cap of $38.56 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.48 and a beta of 1.12.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, July 24th. The casino operator reported $0.55 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.01). The business had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.82 billion. Las Vegas Sands had a return on equity of 44.41% and a net margin of 14.08%. Las Vegas Sands’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. As a group, sell-side analysts anticipate that Las Vegas Sands Corp. will post 2.45 EPS for the current fiscal year.

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.