Xponance Inc. Has $4.07 Million Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Xponance Inc. trimmed its holdings in shares of Las Vegas Sands Corp. (NYSE:LVS) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,327 shares of the casino operator’s stock after selling 1,704 shares during the period. Xponance Inc.’s holdings in Las Vegas Sands were worth $4,074,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Las Vegas Sands in the third quarter valued at $26,000. Bank of Jackson Hole Trust acquired a new stake in Las Vegas Sands in the 4th quarter valued at about $26,000. UMB Bank n.a. raised its stake in shares of Las Vegas Sands by 73.5% in the fourth quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock worth $30,000 after acquiring an additional 247 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Las Vegas Sands by 63.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 885 shares of the casino operator’s stock worth $45,000 after purchasing an additional 342 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Las Vegas Sands during the fourth quarter valued at approximately $47,000. Institutional investors own 39.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LVS. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Morgan Stanley cut their price target on Las Vegas Sands from $51.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Monday, February 24th. Barclays dropped their price objective on Las Vegas Sands from $61.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, January 29th. Macquarie raised their target price on shares of Las Vegas Sands from $57.00 to $58.00 and gave the company an “outperform” rating in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Las Vegas Sands from $62.00 to $61.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.42.

Las Vegas Sands Stock Performance

Shares of Las Vegas Sands stock opened at $42.88 on Friday. Las Vegas Sands Corp. has a 12 month low of $36.62 and a 12 month high of $56.61. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. The company has a market capitalization of $30.70 billion, a PE ratio of 21.76, a PEG ratio of 1.41 and a beta of 1.07. The stock’s fifty day simple moving average is $44.14 and its 200 day simple moving average is $47.66.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings data on Wednesday, January 29th. The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 45.82%. On average, research analysts predict that Las Vegas Sands Corp. will post 2.6 EPS for the current year.

Las Vegas Sands Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Monday, February 10th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.33%. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. The ex-dividend date was Monday, February 10th. Las Vegas Sands’s dividend payout ratio (DPR) is presently 50.76%.

Las Vegas Sands 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.