Madison Asset Management LLC Sells 65,000 Shares of Las Vegas Sands Corp. $LVS

Madison Asset Management LLC reduced its stake in Las Vegas Sands Corp. (NYSE:LVSFree Report) by 19.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 274,900 shares of the casino operator’s stock after selling 65,000 shares during the quarter. Madison Asset Management LLC’s holdings in Las Vegas Sands were worth $14,787,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Total Investment Management Inc. bought a new position in Las Vegas Sands during the 2nd quarter worth approximately $25,000. Westside Investment Management Inc. increased 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 buying an additional 166 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Las Vegas Sands during the third quarter worth $33,000. Smartleaf Asset Management LLC raised its stake in 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 buying an additional 533 shares during the last quarter. Finally, Mizuho Securities Co. Ltd. acquired a new position in Las Vegas Sands in the second quarter valued at $41,000. Institutional investors and hedge funds own 39.16% of the company’s stock.

Insider Buying and Selling

In other news, Director Irwin Chafetz sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $69.76, for a total value of $2,092,800.00. Following the transaction, the director owned 70,949 shares in the company, valued at $4,949,402.24. This trade represents a 29.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 value of $79,925,982.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,082,053 shares of company stock valued at $207,130,199. 1.20% of the stock is owned by company insiders.

Las Vegas Sands Stock Performance

Shares of LVS stock opened at $57.73 on Thursday. Las Vegas Sands Corp. has a 12 month low of $30.18 and a 12 month high of $70.45. The firm has a market capitalization of $38.79 billion, a PE ratio of 24.67, a price-to-earnings-growth ratio of 1.37 and a beta of 0.93. The firm has a fifty day simple moving average of $62.14 and a two-hundred day simple moving average of $58.55. The company has a current ratio of 1.14, a quick ratio of 0.88 and a debt-to-equity ratio of 7.58.

Las Vegas Sands (NYSE:LVSGet Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.08. Las Vegas Sands had a net margin of 12.50% and a return on equity of 91.40%. The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same period last year, the company earned $0.54 earnings per share. The business’s revenue was up 26.0% on a year-over-year basis. 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 disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Shareholders of record on Monday, February 9th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. This is an increase from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s dividend payout ratio is presently 51.28%.

Key Headlines Impacting Las Vegas Sands

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

  • Positive Sentiment: Zacks Research raised multiple quarterly and annual EPS forecasts for LVS, increasing FY2026 to $3.08 (from $2.96) and FY2027 to $3.34 (from $3.22), and issuing a FY2028 view of $3.66 — they also nudged several quarterly estimates (Q1–Q4 across 2026–2027). These upward revisions suggest analysts see stronger near‑term operating performance and support the stock’s move higher. (Zacks maintains a “Hold” rating.)
  • Neutral Sentiment: Sands China received a second consecutive “Top Employer” certification from the Top Employer Institute, highlighting employee retention and HR strengths; this is positive for corporate reputation and operations but likely a modest direct impact on the stock. Sands China Top Employer
  • Neutral Sentiment: Sands China ran a Chinese New Year community care initiative under its “Sands Cares” program; positive PR and community engagement but unlikely to move fundamentals materially. Sands China Community Care

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Barclays set a $64.00 price target on Las Vegas Sands in a report on Thursday, January 29th. The Goldman Sachs Group lowered their target price on Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Jefferies Financial Group cut their price target on Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Las Vegas Sands from $76.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Las Vegas Sands in a research report on Monday, December 29th. Twelve research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.55.

Read Our Latest Research Report on Las Vegas Sands

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.

See Also

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

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