Las Vegas Sands Corp. (NYSE:LVS) Shares Sold by Mirador Capital Partners LP

Mirador Capital Partners LP reduced its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 36.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,487 shares of the casino operator’s stock after selling 3,677 shares during the period. Mirador Capital Partners LP’s holdings in Las Vegas Sands were worth $333,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Czech National Bank raised its holdings in shares of Las Vegas Sands by 4.8% in the 4th quarter. Czech National Bank now owns 75,456 shares of the casino operator’s stock worth $3,875,000 after purchasing an additional 3,449 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Las Vegas Sands by 206.8% in the fourth quarter. GAMMA Investing LLC now owns 2,605 shares of the casino operator’s stock valued at $134,000 after buying an additional 1,756 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Las Vegas Sands by 33.3% during the 3rd quarter. Principal Financial Group Inc. now owns 548,072 shares of the casino operator’s stock valued at $27,590,000 after acquiring an additional 136,859 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Las Vegas Sands by 10.8% during the 3rd quarter. Franklin Resources Inc. now owns 115,803 shares of the casino operator’s stock worth $6,053,000 after acquiring an additional 11,261 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Las Vegas Sands in the 3rd quarter worth $26,000. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands Trading Down 0.5 %

Shares of NYSE:LVS opened at $43.97 on Friday. The firm has a fifty day moving average of $51.07 and a two-hundred day moving average of $46.58. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 3.09. Las Vegas Sands Corp. has a 12-month low of $36.62 and a 12-month high of $56.60. The firm has a market capitalization of $31.88 billion, a P/E ratio of 21.77, a price-to-earnings-growth ratio of 1.03 and a beta of 1.09.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings data on Wednesday, October 23rd. The casino operator reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.09). Las Vegas Sands had a net margin of 13.29% and a return on equity of 44.26%. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same period in the previous year, the business posted $0.55 EPS. Las Vegas Sands’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, equities analysts expect that Las Vegas Sands Corp. will post 2.36 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Tuesday, November 5th were issued a $0.20 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $0.80 dividend on an annualized basis and a yield of 1.82%. Las Vegas Sands’s dividend payout ratio is currently 39.60%.

Insider Buying and Selling at Las Vegas Sands

In related news, CEO Robert G. Goldstein sold 24,324 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $52.00, for a total value of $1,264,848.00. Following the completion of the sale, the chief executive officer now directly owns 60,187 shares in the company, valued at approximately $3,129,724. The trade was a 28.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert G. Goldstein sold 60,187 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $53.02, for a total value of $3,191,114.74. The disclosure for this sale can be found here. Insiders sold 203,732 shares of company stock worth $10,861,707 over the last ninety days. 1.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on LVS shares. Wells Fargo & Company upped their target price on Las Vegas Sands from $53.00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Susquehanna upped their price objective on shares of Las Vegas Sands from $51.00 to $59.00 and gave the company a “positive” rating in a research note on Wednesday, October 16th. JPMorgan Chase & Co. lifted their target price on shares of Las Vegas Sands from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Barclays upped their price target on shares of Las Vegas Sands from $58.00 to $61.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Finally, UBS Group lifted their price objective on shares of Las Vegas Sands from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 5th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.92.

Las Vegas Sands Company 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.