NN Investment Partners Holdings N.V. Increased participation in Las Vegas Sands Corp. (NYSE: LVS) by 26.7% in the third quarter, according to its latest presentation of 13F with the Securities and Exchange Commission. The institutional investor owned 1,101,491 stocks of the stock of the casino operator after acquiring 232,106 more shares during the quarter. NN Investment Partners Holdings N.V. It owned 0.14% of Las Vegas Sands worth $ 65,350,000 at the end of the most recent reporting period.
Other large investments have recently added or reduced their shares in the company. CWM LLC increased its stake in Las Vegas Sands by 32.0% during the 3rd quarter. CWM LLC now has 51,778 shares of the casino operator's shares valued at $ 3,072,000 after acquiring 12,555 shares in the last quarter. Gilman Hill Asset Management LLC increased its stake in Las Vegas Sands shares by 7.4% in the third quarter. Gilman Hill Asset Management LLC currently has 26,845 shares of the casino operator worth $ 1,593,000 after acquiring 1,845 additional shares in the last quarter. Oppenheimer & Co. Inc. Increased participation in Las Vegas Sands shares by 55.1% in the third quarter. Oppenheimer & Co. Inc. now owns 22,095 stock of casino operator worth $ 1,311,000 after acquiring 7,845 shares in the last quarter. Buckley Wealth Management LLC increased its stake in Las Vegas Sands shares by 21.0% in the third quarter. Buckley Wealth Management LLC now has 11,554 shares of the casino operator worth $ 685,000 after acquiring 2,400 additional actions in the last quarter. Finally, Alps Advisors Inc. Increased participation in Las Vegas Sands shares by 28.1% in the third quarter. Alps Advisors Inc. now owns 7,966 shares of the casino operator's stock amounting to $ 473,000 after acquiring 1,749 shares in the last quarter. Institutional investors have 38.70% of the company's shares.
In related news, EVP Lawrence A. Jacobs sold 66,667 shares of the stock of the firm in a transaction on Thursday, the 6th of September. The stock was sold at an average price of $ 60.95, with a total value of $ 4,063,353.65. Following the conclusion of the sale, the executive vice president has 66,667 shares of the company's stock, valued at $ 4,063,353.65. The sale has been disclosed in a legal deposit with the Securities Commission, which is accessible through this hyperlink. The business partners own 10.20% of the stock of the company.
Stock LVS shares lowered $ 1.51 during trading on Monday, reaching $ 54.74. The company had a trading volume of 129,041 shares, compared to its average volume of 6,168,698. The company has a current level of 1.93, a rapid ratio of 1.92 and a ratio of debt and assets of 1.52. The stock has a market limit of 44.07 billion dollars, a price-to-earnings ratio of 18.14 and a beta of 1.59. Las Vegas Sands Corp has a minimum of 52 weeks of $ 49.28 and a maximum of 52 weeks of $ 81.45.
Las Vegas Sands (NYSE: LVS) granted quarterly results results on Wednesday, October 24. The casino operator registered 0.77 dollars of EPS during the quarter, and estimates that the consensus estimates of the analysts are $ 0.81 per ($ 0.04). The business had revenues of 3.37 million dollars for the quarter, compared with the consensus estimate of 3.41 million dollars. Las Vegas Sands had a net margin of 27.71% and a return on equity of 34.18%. As a group, sales analysts predict that Las Vegas Sands Corp. It will publish 3.4 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 27. Investors registered on Tuesday, December 18th will receive a dividend of $ 0.75. This represents a dividend of $ 3.00 on an annual basis and a yield of 5.48%. The date of the former dividend of this dividend is Monday 17 of December. The payment rate of Las Vegas Sands is 98.68%.
Some stock analysts recently heavily stocked with LVS. Stifel Nicolaus cut its price target for Las Vegas Sands from $ 88.00 to $ 86.00 and established a "buy" rating on the stock on Thursday Thursday 26 July. Goldman Sachs Group lowered the shares of Las Vegas Sands from a "conviction-purchase" valuation to a "buy" rating on a report on Friday, October 19. Nomura reduced its price targets in Las Vegas Sands shares of $ 70.00 to $ 60.00 and established a "neutral" rating on shares in a report on Thursday, October 25. Zacks' investment research raised the shares of Las Vegas Sands from a "strong sales" rating to a "hold" rating in a report on Monday October 29. Finally, Morgan Stanley reduced its price target in the Las Vegas Sands shares of $ 86.00 to $ 85.00 and established a rating of "overweight" in stock on Thursday, July 26. A stock analyst rated the stock with a sales rating, eight gave a standby rating and seven issued a purchase rating to the company. At the moment the stock has a consensus index of "Hold" and a consensus goal of $ 73.50.
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Profile of Las Vegas Sands
Las Vegas Sands Corp., together with its subsidiaries, develops, owns and operates integrated resorts in Asia and the United States. Owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, Macao Parisian, The Macao Plaza and Four Seasons Hotel Macao, Cotai Strip and Sands Macao in Macao, People's Republic of China; and emblematic Marina Bay Sands in Singapore.
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