Las Vegas Sands (NYSE:LVS) Trading Up 0.4%

Las Vegas Sands Corp. (NYSE:LVS - Get Free Report)'s stock price rose 0.4% during trading on Tuesday . The stock traded as high as $47.25 and last traded at $47.19. Approximately 1,046,625 shares traded hands during trading, a decline of 78% from the average daily volume of 4,800,535 shares. The stock had previously closed at $47.02.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LVS. Stifel Nicolaus dropped their price target on shares of Las Vegas Sands from $70.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, April 18th. JPMorgan Chase & Co. dropped their price target on shares of Las Vegas Sands from $59.00 to $55.00 and set an "overweight" rating on the stock in a research report on Thursday, April 18th. StockNews.com raised shares of Las Vegas Sands from a "hold" rating to a "buy" rating in a report on Wednesday, April 10th. Morgan Stanley increased their price target on Las Vegas Sands from $61.00 to $62.00 and gave the company an "overweight" rating in a research report on Tuesday, April 9th. Finally, Mizuho decreased their target price on Las Vegas Sands from $70.00 to $65.00 and set a "buy" rating for the company in a research report on Thursday, April 18th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $63.46.

Las Vegas Sands Stock Down 0.6 %

The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.29 and a current ratio of 1.30. The firm has a market cap of $34.81 billion, a PE ratio of 22.57, a PEG ratio of 0.87 and a beta of 1.18. The company's 50-day simple moving average is $50.07 and its two-hundred day simple moving average is $49.71.

Las Vegas Sands (NYSE:LVS - Get Free Report) last announced its earnings results on Wednesday, April 17th. The casino operator reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.13. Las Vegas Sands had a net margin of 13.99% and a return on equity of 42.34%. The firm had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.94 billion. During the same quarter in the previous year, the business posted $0.28 EPS. The company's quarterly revenue was up 34.9% on a year-over-year basis. On average, analysts predict that Las Vegas Sands Corp. will post 2.63 earnings per share for the current fiscal year.

Las Vegas Sands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Monday, May 6th. Las Vegas Sands's payout ratio is currently 38.65%.

Insider Activity at Las Vegas Sands

In other news, CEO Robert G. Goldstein sold 100,000 shares of the firm's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $52.06, for a total value of $5,206,000.00. Following the transaction, the chief executive officer now owns 172,801 shares of the company's stock, valued at $8,996,020.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Las Vegas Sands

A number of institutional investors and hedge funds have recently bought and sold shares of LVS. Waldron Private Wealth LLC raised its holdings in shares of Las Vegas Sands by 1.9% during the 4th quarter. Waldron Private Wealth LLC now owns 12,361 shares of the casino operator's stock worth $608,000 after acquiring an additional 232 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Las Vegas Sands by 1.0% during the 4th quarter. Corient Private Wealth LLC now owns 28,532 shares of the casino operator's stock valued at $1,404,000 after buying an additional 288 shares in the last quarter. New York Life Investment Management LLC increased its stake in Las Vegas Sands by 0.7% during the third quarter. New York Life Investment Management LLC now owns 47,237 shares of the casino operator's stock worth $2,165,000 after acquiring an additional 306 shares during the last quarter. Czech National Bank raised its position in Las Vegas Sands by 0.5% during the first quarter. Czech National Bank now owns 64,974 shares of the casino operator's stock valued at $3,359,000 after purchasing an additional 319 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of Las Vegas Sands by 54.8% in the 4th quarter. Parallel Advisors LLC now owns 1,008 shares of the casino operator's stock valued at $50,000 after purchasing an additional 357 shares during the last quarter. 39.16% of the stock is owned by institutional investors.

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.