14,192 Shares in Las Vegas Sands Corp. (NYSE:LVS) Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,192 shares of the casino operator’s stock, valued at approximately $734,000.

Other hedge funds also recently modified their holdings of the company. Delos Wealth Advisors LLC acquired a new position in shares of Las Vegas Sands in the fourth quarter valued at $33,000. Venturi Wealth Management LLC raised its stake in shares of Las Vegas Sands by 150.4% in the 4th quarter. Venturi Wealth Management LLC now owns 681 shares of the casino operator’s stock valued at $34,000 after buying an additional 409 shares in the last quarter. Mizuho Securities Co. Ltd. bought a new position in shares of Las Vegas Sands during the 4th quarter worth about $39,000. Accent Capital Management LLC bought a new position in shares of Las Vegas Sands during the 4th quarter worth about $39,000. Finally, Fidelis Capital Partners LLC acquired a new stake in shares of Las Vegas Sands during the 1st quarter valued at about $43,000. Institutional investors own 39.16% of the company’s stock.

Analyst Ratings Changes

LVS has been the subject of a number of analyst reports. Mizuho cut their price target on shares of Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Macquarie decreased their price target on Las Vegas Sands from $58.00 to $56.00 and set an “outperform” rating on the stock in a research note on Thursday, July 25th. Citigroup upped their price target on Las Vegas Sands from $74.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Susquehanna cut their price objective on Las Vegas Sands from $59.00 to $51.00 and set a “positive” rating for the company in a report on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Las Vegas Sands from $61.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, July 25th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Las Vegas Sands has an average rating of “Moderate Buy” and an average price target of $58.00.

Las Vegas Sands Stock Down 1.1 %

NYSE:LVS opened at $38.06 on Friday. The company has a market cap of $28.03 billion, a price-to-earnings ratio of 18.39, a P/E/G ratio of 1.04 and a beta of 1.12. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.29 and a current ratio of 1.58. The stock’s fifty day moving average price is $42.73 and its two-hundred day moving average price is $47.56. Las Vegas Sands Corp. has a 52-week low of $37.29 and a 52-week high of $58.68.

Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, July 24th. The casino operator reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.01). The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.82 billion. Las Vegas Sands had a net margin of 14.08% and a return on equity of 44.41%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $0.46 EPS. On average, analysts anticipate that Las Vegas Sands Corp. will post 2.48 EPS for the current year.

Las Vegas Sands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Tuesday, August 6th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Tuesday, August 6th. Las Vegas Sands’s dividend payout ratio is 38.65%.

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.