500 Shares in Las Vegas Sands Corp. (NYSE:LVS) Acquired by Bank of Jackson Hole Trust

Bank of Jackson Hole Trust bought a new position in Las Vegas Sands Corp. (NYSE:LVS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 500 shares of the casino operator’s stock, valued at approximately $26,000.

Other hedge funds have also modified their holdings of the company. Empowered Funds LLC lifted its position in shares of Las Vegas Sands by 3.6% during the third quarter. Empowered Funds LLC now owns 6,050 shares of the casino operator’s stock worth $305,000 after purchasing an additional 213 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Las Vegas Sands by 4.7% in the third quarter. Raymond James Trust N.A. now owns 5,062 shares of the casino operator’s stock worth $255,000 after buying an additional 229 shares during the last quarter. Wilmington Savings Fund Society FSB increased its stake in shares of Las Vegas Sands by 45.6% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 760 shares of the casino operator’s stock worth $39,000 after buying an additional 238 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Las Vegas Sands by 73.5% in the fourth quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock worth $30,000 after buying an additional 247 shares during the last quarter. Finally, Signaturefd LLC increased its stake in 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. 39.16% of the stock is owned by institutional investors and hedge funds.

Las Vegas Sands Trading Up 2.1 %

Shares of Las Vegas Sands stock opened at $44.98 on Friday. The company’s fifty day simple moving average is $46.96 and its 200-day simple moving average is $47.02. The company has a market cap of $32.20 billion, a price-to-earnings ratio of 22.83, a PEG ratio of 1.38 and a beta of 1.08. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. Las Vegas Sands Corp. has a 1 year low of $36.62 and a 1 year high of $56.60.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings results on Wednesday, January 29th. The casino operator reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a return on equity of 45.82% and a net margin of 12.80%. As a group, sell-side analysts expect that Las Vegas Sands Corp. will post 2.6 EPS for the current year.

Las Vegas Sands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Monday, February 10th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.22%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, February 10th. Las Vegas Sands’s payout ratio is currently 50.76%.

Insider Activity at Las Vegas Sands

In related news, CEO Robert G. Goldstein sold 60,187 shares of Las Vegas Sands stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $53.02, for a total value of $3,191,114.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.91% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on LVS shares. UBS Group boosted their target price on shares of Las Vegas Sands from $49.00 to $50.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Macquarie upped their price target on shares of Las Vegas Sands from $57.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Wells Fargo & Company lowered their price target on shares of Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Mizuho upped their price target on shares of Las Vegas Sands from $52.00 to $57.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Jefferies Financial Group upgraded shares of Las Vegas Sands from a “hold” rating to a “buy” rating and upped their price target for the stock from $60.00 to $69.00 in a research report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.58.

About Las Vegas Sands

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.