Krilogy Financial LLC Takes Position in Las Vegas Sands Corp. $LVS

Krilogy Financial LLC purchased a new stake in shares of Las Vegas Sands Corp. (NYSE:LVSFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,207 shares of the casino operator’s stock, valued at approximately $872,000.

Several other hedge funds have also recently bought and sold shares of the business. Total Investment Management Inc. acquired a new position in shares of Las Vegas Sands in the 2nd quarter valued at about $25,000. Westside Investment Management Inc. grew its position in Las Vegas Sands by 48.0% during the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock valued at $28,000 after purchasing an additional 166 shares in the last quarter. Root Financial Partners LLC purchased a new position in Las Vegas Sands during the third quarter valued at approximately $33,000. Smartleaf Asset Management LLC increased its stake in Las Vegas Sands by 549.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 630 shares of the casino operator’s stock valued at $35,000 after buying an additional 533 shares during the period. Finally, Mizuho Securities Co. Ltd. purchased a new stake in Las Vegas Sands in the 2nd quarter worth approximately $41,000. 39.16% of the stock is owned by hedge funds and other institutional investors.

Las Vegas Sands Price Performance

NYSE LVS opened at $57.10 on Friday. Las Vegas Sands Corp. has a fifty-two week low of $30.18 and a fifty-two week high of $70.45. The stock’s 50-day moving average is $61.77 and its two-hundred day moving average is $58.57. The firm has a market cap of $38.37 billion, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.14 and a quick ratio of 0.88.

Las Vegas Sands (NYSE:LVSGet Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.08. Las Vegas Sands had a return on equity of 91.40% and a net margin of 12.50%.The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the firm posted $0.54 EPS. The firm’s revenue for the quarter was up 26.0% on a year-over-year basis. On average, analysts anticipate that Las Vegas Sands Corp. will post 2.6 earnings per share for the current fiscal year.

Las Vegas Sands Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Monday, February 9th will be given a $0.30 dividend. 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 dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, February 9th. Las Vegas Sands’s payout ratio is 51.28%.

More Las Vegas Sands News

Here are the key news stories impacting Las Vegas Sands this week:

  • Positive Sentiment: Board names Patrick Dumont as chairman & CEO (effective March 1). Dumont, the company’s president and COO since 2021, will take over top leadership — a succession that signals continuity of current strategy and operations and reduces near‑term governance uncertainty. Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
  • Positive Sentiment: Analyst upgrades: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (including FY2026 to ~$3.08, FY2027 to ~$3.34 and FY2028 to ~$3.66, plus several quarterly boosts). Although Zacks still carries a “Hold” rating, higher estimates point to improved earnings momentum that can support the stock’s valuation.
  • Neutral Sentiment: Sands China awarded consecutive “Top Employer” certification — recognition for HR practices and long employee tenure in Macao. This is positive for retention and operations but is a longer‑horizon, lower‑impact item for near‑term stock moves. Sands China Awarded 2nd Consecutive “Top Employer” Certification

Wall Street Analyst Weigh In

Several research firms have recently commented on LVS. Seaport Research Partners lowered their price target on shares of Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. JPMorgan Chase & Co. lifted their price objective on Las Vegas Sands from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Jefferies Financial Group lowered their target price on Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Macquarie Infrastructure reaffirmed an “outperform” rating and set a $70.00 price target on shares of Las Vegas Sands in a research note on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Las Vegas Sands in a report on Monday, December 29th. Twelve analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.55.

Check Out Our Latest Stock Report on Las Vegas Sands

Insider Buying and Selling

In other news, CFO Randy Hyzak sold 57,545 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $66.45, for a total value of $3,823,865.25. Following the completion of the sale, the chief financial officer directly owned 53,499 shares in the company, valued at approximately $3,555,008.55. The trade was a 51.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert G. Goldstein sold 1,198,650 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $66.68, for a total transaction of $79,925,982.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 3,082,053 shares of company stock valued at $207,130,199. 1.20% of the stock is owned by corporate insiders.

About Las Vegas Sands

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding LVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Las Vegas Sands Corp. (NYSE:LVSFree Report).

Institutional Ownership by Quarter for Las Vegas Sands (NYSE:LVS)

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