Las Vegas Sands Corp. $LVS Stake Decreased by Belpointe Asset Management LLC

Belpointe Asset Management LLC lessened its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 69.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,516 shares of the casino operator’s stock after selling 10,159 shares during the quarter. Belpointe Asset Management LLC’s holdings in Las Vegas Sands were worth $243,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Total Investment Management Inc. acquired a new stake in Las Vegas Sands in the second quarter worth approximately $25,000. Root Financial Partners LLC purchased a new stake in shares of Las Vegas Sands during the third quarter valued at $33,000. Mizuho Securities Co. Ltd. purchased a new stake in Las Vegas Sands during the second quarter valued at about $41,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Las Vegas Sands in the 2nd quarter valued at approximately $42,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Las Vegas Sands in the second quarter valued at $43,000. 39.16% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Las Vegas Sands

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

• Positive Sentiment: Q4 beat on revenue and EPS, driven by record Marina Bay Sands EBITDA — this supports the company’s top-line momentum and underpins analyst upside revisions. Reuters: Quarterly profit rises
• Positive Sentiment: Management declared a 20% higher quarterly dividend ($0.30), raising the yield (~2.3%) and returning cash to shareholders — a tangible near-term support for the stock. Dividend announcement
• Positive Sentiment: Several brokers raised price targets or reiterated bullish ratings after the quarter (Deutsche Bank to $77, HSBC to $73, Macquarie reaffirmed Outperform), signaling analyst conviction in recovery potential. Benzinga: analyst reactions
• Neutral Sentiment: Goldman reduced its target from $80 to $73 but kept a Buy rating; Stifel trimmed its target to $72 while maintaining Buy — these are adjustments to reflect Q4 details but still leave sizable upside in consensus targets. MarketScreener: Goldman adjustment
• Negative Sentiment: Macao EBITDA margins fell meaningfully (reported ~390 bps decline), and management signaled margin recovery is a focus — the margin miss triggered a large sell-off and renewed concern about competitive pressure and market concentration in Macau. Forbes: Macao margin miss
• Negative Sentiment: Press pieces highlight a “Macau problem” and concentration risk — combined coverage (Barron’s, WSJ, Motley Fool) amplified investor selling despite the quarter’s headline beat. Barron’s: Macau problem

Insider Activity

In other Las Vegas Sands news, EVP D. Zachary Hudson sold 100,000 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $64.99, for a total value of $6,499,000.00. Following the transaction, the executive vice president directly owned 13,735 shares in the company, valued at approximately $892,637.65. This trade represents a 87.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Miriam Adelson sold 77,991 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $67.56, for a total value of $5,269,071.96. Following the completion of the transaction, the insider owned 23,333,441 shares in the company, valued at approximately $1,576,407,273.96. This represents a 0.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,582,053 shares of company stock worth $238,846,399. 1.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

LVS has been the topic of a number of research reports. Zacks Research downgraded Las Vegas Sands from a “strong-buy” rating to a “hold” rating in a report on Monday, December 22nd. Wells Fargo & Company raised their target price on Las Vegas Sands from $67.00 to $68.00 and gave the company an “equal weight” rating in a report on Thursday. Citigroup lifted their price target on shares of Las Vegas Sands from $75.50 to $76.75 and gave the company a “buy” rating in a research report on Thursday, December 11th. Jefferies Financial Group dropped their price objective on Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Mizuho upped their target price on shares of Las Vegas Sands from $63.00 to $65.00 and gave the company an “outperform” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.61.

Las Vegas Sands Stock Up 0.1%

LVS opened at $52.75 on Monday. The firm has a market cap of $35.66 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.27 and a beta of 0.93. The firm’s 50-day simple moving average is $63.86 and its 200-day simple moving average is $58.18. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.88 and a current ratio of 0.89. Las Vegas Sands Corp. has a twelve month low of $30.18 and a twelve month high of $70.45.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, January 28th. The casino operator reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.08. The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a net margin of 12.50% and a return on equity of 87.01%. Las Vegas Sands’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 earnings per share. Equities research analysts anticipate that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Monday, February 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.3%. This is an increase from Las Vegas Sands’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, February 9th. Las Vegas Sands’s payout ratio is currently 42.74%.

Las Vegas Sands 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.