5,762 Shares in Las Vegas Sands Corp. (NYSE:LVS) Purchased by denkapparat Operations GmbH

denkapparat Operations GmbH bought a new stake in shares of Las Vegas Sands Corp. (NYSE:LVS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,762 shares of the casino operator’s stock, valued at approximately $296,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Las Vegas Sands in the 3rd quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Las Vegas Sands in the fourth quarter valued at approximately $26,000. UMB Bank n.a. grew its position 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 purchasing an additional 247 shares during the last quarter. Smartleaf Asset Management LLC grew its stake 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 worth $45,000 after acquiring an additional 342 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Las Vegas Sands in the fourth quarter valued at about $47,000. Institutional investors and hedge funds own 39.16% of the company’s stock.

Las Vegas Sands Trading Up 0.1 %

Shares of NYSE:LVS opened at $40.35 on Friday. The company’s fifty day simple moving average is $43.68 and its 200 day simple moving average is $47.71. The firm has a market cap of $28.89 billion, a price-to-earnings ratio of 20.48, a PEG ratio of 1.41 and a beta of 1.07. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 3.35. Las Vegas Sands Corp. has a 12 month low of $36.62 and a 12 month high of $56.61.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, January 29th. The casino operator reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 45.82%. As a group, research analysts forecast that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a yield of 2.48%. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. Las Vegas Sands’s dividend payout ratio (DPR) is currently 50.76%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on LVS shares. Citigroup boosted their price target on Las Vegas Sands from $64.50 to $67.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lowered 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. Macquarie boosted their target price on Las Vegas Sands from $57.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft decreased their price target on Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Las Vegas Sands from $62.00 to $61.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $59.42.

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.