Las Vegas Sands Corp. (NYSE:LVS) Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,500 shares of the casino operator’s stock after buying an additional 2,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Las Vegas Sands were worth $7,730,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in shares of Las Vegas Sands during the fourth quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Las Vegas Sands during the third quarter worth about $26,000. UMB Bank n.a. boosted its stake in shares of Las Vegas Sands by 73.5% during 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 period. Ashton Thomas Securities LLC acquired a new stake in shares of Las Vegas Sands during the third quarter worth about $34,000. Finally, Capital Performance Advisors LLP acquired a new stake in Las Vegas Sands in the third quarter valued at about $43,000. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands Price Performance

LVS stock opened at $44.74 on Friday. The firm has a 50 day moving average of $45.98 and a 200-day moving average of $47.25. Las Vegas Sands Corp. has a 12-month low of $36.62 and a 12-month high of $56.60. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. The company has a market cap of $32.03 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 1.41 and a beta of 1.08.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings data 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, equities analysts expect that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.24%. 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 dividend payout ratio (DPR) is 50.76%.

Analysts Set New Price Targets

A number of brokerages recently commented on LVS. Macquarie raised their price objective on shares of Las Vegas Sands from $57.00 to $58.00 and gave the company an “outperform” rating in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Barclays reduced their price objective on shares of Las Vegas Sands from $61.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. JPMorgan Chase & Co. reduced their price objective on shares of Las Vegas Sands from $62.00 to $61.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Finally, Citigroup raised their price objective on shares of Las Vegas Sands from $64.50 to $67.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, Las Vegas Sands has a consensus rating of “Moderate Buy” and an average target price of $59.42.

Las Vegas Sands 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.