Sumitomo Mitsui Trust Group Inc. trimmed its holdings in Las Vegas Sands Corp. (NYSE:LVS – Free Report) by 15.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 599,034 shares of the casino operator’s stock after selling 110,531 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.09% of Las Vegas Sands worth $38,991,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Grove Bank & Trust bought a new position in shares of Las Vegas Sands during the fourth quarter worth about $26,000. Westside Investment Management Inc. lifted its position in shares of Las Vegas Sands by 48.0% during the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after purchasing an additional 166 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Las Vegas Sands during the third quarter worth about $33,000. Smartleaf Asset Management LLC lifted its position in shares of Las Vegas Sands by 549.5% during the third quarter. Smartleaf Asset Management LLC now owns 630 shares of the casino operator’s stock worth $35,000 after purchasing an additional 533 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Las Vegas Sands by 182.4% during the third quarter. IFP Advisors Inc now owns 672 shares of the casino operator’s stock worth $36,000 after purchasing an additional 434 shares during the last quarter. Institutional investors own 39.16% of the company’s stock.
Las Vegas Sands Stock Performance
Shares of LVS opened at $56.67 on Friday. The business’s fifty day moving average price is $55.15 and its 200 day moving average price is $58.83. Las Vegas Sands Corp. has a 12-month low of $32.13 and a 12-month high of $70.45. The stock has a market capitalization of $37.61 billion, a PE ratio of 24.22, a price-to-earnings-growth ratio of 1.42 and a beta of 0.89. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.14 and a quick ratio of 1.13.
Las Vegas Sands Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Monday, February 9th were paid a $0.30 dividend. The ex-dividend date was Monday, February 9th. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Las Vegas Sands’s dividend payout ratio (DPR) is 51.28%.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Las Vegas Sands from $76.00 to $77.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Argus reduced their price objective on Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Stifel Nicolaus reduced their price objective on Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Mizuho raised their price objective on Las Vegas Sands from $63.00 to $65.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group reduced their price objective on Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $67.84.
Check Out Our Latest Analysis on Las Vegas Sands
Insider Transactions at Las Vegas Sands
In other Las Vegas Sands news, CEO Patrick Dumont sold 60,165 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $54.75, for a total value of $3,294,033.75. Following the sale, the chief executive officer directly owned 511,942 shares in the company, valued at approximately $28,028,824.50. This trade represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.55% of the company’s stock.
Las Vegas Sands News Summary
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Analyst price-target increase lifts upside expectations — an independent report raised LVS’s price target to $78.50, a bullish signal that can support buying interest. Las Vegas Sands (NYSE:LVS) Price Target Raised to $78.50
- Positive Sentiment: Street previews point to an earnings beat — multiple previews (Yahoo/ Zacks) say LVS has the right setup for Q1 upside (revenue and margin tailwinds), which raises expectations ahead of the report. Positive pre-earnings commentary often supports short-term gains. Las Vegas Sands (LVS) Earnings Expected to Grow: What to Know Ahead of Q1 Release
- Positive Sentiment: Sands exceeded its 2021–2025 ESG targets — the company’s report says it surpassed key People, Communities and Planet ambitions for the reporting period, which can improve sentiment among ESG-focused investors and reduce reputational/regulatory risk. Sands Surpasses the Primary People, Communities and Planet Ambitions Set for Its 2021-2025 Reporting Period
- Neutral Sentiment: Q1 results and conference call scheduled for April 22 (after market) — the official release and call create a near-term catalyst and potential volatility; investors are positioning ahead of the print. Sands to Release First Quarter 2026 Financial Results
- Neutral Sentiment: Analyst commentary roundup — coverage in The Globe and Mail summarizes analyst views on LVS among other consumer cyclical names, providing context but no single decisive signal. Analysts Offer Insights on Consumer Cyclical Companies: Makemytrip (MMYT) and Las Vegas Sands (LVS)
- Neutral Sentiment: Industry note on a rival (PENN) — a Penn Entertainment preview is unlikely to move LVS directly but may affect broader gaming sector flows; treat as background. PENN Entertainment (PENN) Earnings Expected to Grow: Should You Buy?
- Negative Sentiment: Critical analysis warns of geographic concentration — a Seeking Alpha piece argues LVS’s reliance on Singapore may be insufficient for long-term growth, highlighting execution and regional risk that could cap upside if concerns gain traction. Las Vegas Sands: Singapore Is Not Enough
Las Vegas Sands Company Profile
Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.
The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.
Featured Articles
Receive News & Ratings for Las Vegas Sands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Las Vegas Sands and related companies with MarketBeat.com's FREE daily email newsletter.
