20,037 Shares in Las Vegas Sands Corp. $LVS Acquired by Caxton Associates LLP

Caxton Associates LLP bought a new position in shares of Las Vegas Sands Corp. (NYSE:LVS) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,037 shares of the casino operator’s stock, valued at approximately $774,000.

Other hedge funds have also recently bought and sold shares of the company. Center for Financial Planning Inc. acquired a new position in shares of Las Vegas Sands in the 1st quarter valued at $42,000. Farther Finance Advisors LLC boosted its holdings in shares of Las Vegas Sands by 133.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,499 shares of the casino operator’s stock valued at $59,000 after purchasing an additional 856 shares during the last quarter. Neo Ivy Capital Management acquired a new position in shares of Las Vegas Sands in the 1st quarter valued at $127,000. Golden State Wealth Management LLC boosted its holdings in shares of Las Vegas Sands by 103.2% in the 1st quarter. Golden State Wealth Management LLC now owns 3,587 shares of the casino operator’s stock valued at $139,000 after purchasing an additional 1,822 shares during the last quarter. Finally, AlphaQuest LLC acquired a new position in shares of Las Vegas Sands in the 1st quarter valued at $153,000. Institutional investors and hedge funds own 39.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on LVS shares. Wall Street Zen upgraded shares of Las Vegas Sands from a “hold” rating to a “buy” rating in a report on Sunday. Citigroup reiterated a “buy” rating on shares of Las Vegas Sands in a report on Wednesday, July 9th. Barclays lifted their price target on shares of Las Vegas Sands from $57.00 to $58.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. raised their target price on shares of Las Vegas Sands from $47.00 to $56.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Finally, Bank of America raised their target price on shares of Las Vegas Sands from $52.50 to $58.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Las Vegas Sands Stock Performance

Las Vegas Sands stock opened at $54.41 on Thursday. Las Vegas Sands Corp. has a 12-month low of $30.18 and a 12-month high of $58.05. The company has a market capitalization of $37.35 billion, a price-to-earnings ratio of 27.48, a price-to-earnings-growth ratio of 1.97 and a beta of 1.04. The company has a debt-to-equity ratio of 6.53, a current ratio of 1.22 and a quick ratio of 1.21. The firm’s fifty day moving average price is $52.55 and its 200 day moving average price is $44.38.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings results on Wednesday, July 23rd. The casino operator reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.26. Las Vegas Sands had a net margin of 12.16% and a return on equity of 55.37%. The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm posted $0.55 EPS. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. On average, research analysts forecast that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 13th. Investors of record on Tuesday, August 5th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, August 5th. This represents a $1.00 annualized dividend and a yield of 1.8%. Las Vegas Sands’s payout ratio is 50.51%.

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.