Signaturefd LLC Has $156,000 Position in Las Vegas Sands Corp. (NYSE:LVS)

Signaturefd LLC lowered its position in shares of Las Vegas Sands Corp. (NYSE:LVS) by 13.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,029 shares of the casino operator’s stock after selling 481 shares during the quarter. Signaturefd LLC’s holdings in Las Vegas Sands were worth $156,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LVS shares. Wells Fargo & Company reduced their price target on shares of Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced 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 report on Wednesday, January 29th. Morgan Stanley reduced their price target on shares of Las Vegas Sands from $51.00 to $49.00 and set an “equal weight” rating for the company in a report on Monday, February 24th. Citigroup boosted their price objective on shares of Las Vegas Sands from $64.50 to $67.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Macquarie boosted their price objective on shares of Las Vegas Sands from $57.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $59.42.

Las Vegas Sands Stock Performance

NYSE LVS opened at $41.98 on Friday. 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 firm’s fifty day moving average price is $44.04 and its two-hundred day moving average price is $47.74. Las Vegas Sands Corp. has a 1 year low of $36.62 and a 1 year high of $56.61. The firm has a market capitalization of $30.05 billion, a P/E ratio of 21.31, a price-to-earnings-growth ratio of 1.41 and a beta of 1.07.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings results on Wednesday, January 29th. The casino operator reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.04). Las Vegas Sands had a return on equity of 45.82% and a net margin of 12.80%. As a group, research analysts anticipate 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. Stockholders of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 10th. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a dividend yield of 2.38%. Las Vegas Sands’s dividend payout ratio is presently 50.76%.

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.