Glenmede Trust Co. NA Acquires 12,048 Shares of Las Vegas Sands Corp. $LVS

Glenmede Trust Co. NA boosted its holdings in Las Vegas Sands Corp. (NYSE:LVS) by 147.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 20,237 shares of the casino operator’s stock after acquiring an additional 12,048 shares during the period. Glenmede Trust Co. NA’s holdings in Las Vegas Sands were worth $1,090,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of Las Vegas Sands by 222.7% during the fourth quarter. AQR Capital Management LLC now owns 9,098,518 shares of the casino operator’s stock worth $592,223,000 after purchasing an additional 6,279,390 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Las Vegas Sands by 4.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 8,582,962 shares of the casino operator’s stock valued at $462,450,000 after buying an additional 396,705 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Las Vegas Sands by 18.7% in the fourth quarter. Bank of New York Mellon Corp now owns 7,893,031 shares of the casino operator’s stock valued at $513,757,000 after buying an additional 1,246,206 shares during the period. Norges Bank acquired a new stake in Las Vegas Sands during the fourth quarter worth approximately $364,892,000. Finally, Dimensional Fund Advisors LP grew its position in Las Vegas Sands by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,780,266 shares of the casino operator’s stock worth $203,616,000 after buying an additional 90,690 shares in the last quarter. Institutional investors own 39.16% of the company’s stock.

Las Vegas Sands Stock Up 0.6%

NYSE LVS opened at $46.13 on Friday. The business has a fifty day moving average price of $47.81 and a two-hundred day moving average price of $52.32. The company has a debt-to-equity ratio of 15.27, a current ratio of 1.00 and a quick ratio of 0.99. Las Vegas Sands Corp. has a fifty-two week low of $44.21 and a fifty-two week high of $70.45. The stock has a market capitalization of $29.88 billion, a PE ratio of 17.95, a PEG ratio of 1.13 and a beta of 0.85.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, July 22nd. The casino operator reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.17). Las Vegas Sands had a net margin of 12.59% and a return on equity of 133.90%. The business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter in the previous year, the business posted $0.66 EPS. The company’s revenue for the quarter was down .7% on a year-over-year basis. Equities analysts expect that Las Vegas Sands Corp. will post 3.09 earnings per share for the current fiscal year.

Las Vegas Sands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 12th. Investors of record on Tuesday, August 4th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $1.20 annualized dividend and a yield of 2.6%. Las Vegas Sands’s dividend payout ratio (DPR) is 46.69%.

Analyst Ratings Changes

Several brokerages have weighed in on LVS. Weiss Ratings cut Las Vegas Sands from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. Wall Street Zen cut Las Vegas Sands from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. The Goldman Sachs Group dropped their price target on Las Vegas Sands from $63.00 to $55.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Morgan Stanley cut their price objective on shares of Las Vegas Sands from $68.00 to $61.00 and set an “equal weight” rating for the company in a research report on Monday, July 27th. Finally, Susquehanna reduced their price objective on shares of Las Vegas Sands from $64.00 to $63.00 and set a “positive” rating on the stock in a research note on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $61.88.

Las Vegas Sands News Summary

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Zacks raised its EPS forecast for the first quarter of 2027 to $0.92 from $0.89 and for the first quarter of 2028 to $1.04 from $1.03. These increases provide limited evidence of potential improvement in select future periods.
• Neutral Sentiment: Sands China Ltd., a Las Vegas Sands subsidiary, received Great Place to Work Certification in Macau. The recognition may support employee morale and the company’s brand, but it is not expected to have a material immediate impact on LVS earnings. Sands China Earns Great Place To Work Certification
• Negative Sentiment: Zacks cut its FY2026 EPS forecast to $3.09 from $3.34, FY2027 to $3.49 from $3.63, and FY2028 to $3.73 from $3.91. It also lowered estimates for several quarters, including Q3 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027 and Q2 2028. The reductions suggest analysts see weaker operating performance or a slower recovery than previously expected.
• Negative Sentiment: Zacks maintained a “Strong Sell” rating on Las Vegas Sands. Its current-year forecast of $3.09 per share is slightly below the broader consensus estimate of $3.12, adding to the cautious outlook.
• Negative Sentiment: The estimate cuts follow Las Vegas Sands’ latest quarterly report, in which EPS and revenue came in below analyst expectations and revenue declined year over year. This weak earnings backdrop likely amplified the market’s sensitivity to the downward revisions.

Las Vegas Sands Company Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.