Yousif Capital Management LLC Purchases 648 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Yousif Capital Management LLC raised its position in Las Vegas Sands Corp. (NYSE:LVS) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,218 shares of the casino operator’s stock after acquiring an additional 648 shares during the quarter. Yousif Capital Management LLC’s holdings in Las Vegas Sands were worth $1,684,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LVS. Headlands Technologies LLC bought a new position in shares of Las Vegas Sands in the third quarter worth about $27,000. Western Pacific Wealth Management LP bought a new position in shares of Las Vegas Sands in the third quarter worth about $29,000. CNB Bank bought a new position in shares of Las Vegas Sands in the third quarter worth about $32,000. Venturi Wealth Management LLC raised its stake in shares of Las Vegas Sands by 150.4% in the fourth quarter. Venturi Wealth Management LLC now owns 681 shares of the casino operator’s stock worth $34,000 after buying an additional 409 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Las Vegas Sands by 617.3% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the casino operator’s stock worth $45,000 after buying an additional 784 shares during the period. Institutional investors own 39.16% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on LVS. Stifel Nicolaus decreased their price objective on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Jefferies Financial Group decreased their price objective on Las Vegas Sands from $54.00 to $53.00 and set a “hold” rating on the stock in a research note on Thursday, April 18th. Wells Fargo & Company decreased their price objective on Las Vegas Sands from $62.00 to $60.00 and set an “overweight” rating on the stock in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft decreased their target price on Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Finally, Mizuho decreased their target price on Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Las Vegas Sands has an average rating of “Moderate Buy” and a consensus price target of $63.46.

Las Vegas Sands Stock Performance

NYSE LVS opened at $44.55 on Thursday. The stock has a market capitalization of $33.19 billion, a PE ratio of 21.52, a P/E/G ratio of 0.85 and a beta of 1.16. The business has a 50 day simple moving average of $50.64 and a two-hundred day simple moving average of $49.63. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.30 and a quick ratio of 1.29. Las Vegas Sands Corp. has a 1-year low of $43.77 and a 1-year high of $64.48.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings results on Wednesday, April 17th. The casino operator reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.13. The business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Las Vegas Sands had a return on equity of 42.34% and a net margin of 13.99%. The firm’s revenue for the quarter was up 34.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS. On average, research analysts predict that Las Vegas Sands Corp. will post 2.65 EPS for the current fiscal year.

Las Vegas Sands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 7th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Monday, May 6th. Las Vegas Sands’s dividend payout ratio is presently 38.65%.

Insider Buying and Selling at Las Vegas Sands

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $52.06, for a total transaction of $5,206,000.00. Following the completion of the transaction, the chief executive officer now owns 172,801 shares in the company, valued at approximately $8,996,020.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by company insiders.

About Las Vegas Sands

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.