WINTON GROUP Ltd Purchases 124,951 Shares of Las Vegas Sands Corp. $LVS

WINTON GROUP Ltd lifted its position in Las Vegas Sands Corp. (NYSE:LVS) by 195.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 188,781 shares of the casino operator’s stock after buying an additional 124,951 shares during the period. WINTON GROUP Ltd’s holdings in Las Vegas Sands were worth $10,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Las Vegas Sands by 4.4% in the second quarter. Vanguard Group Inc. now owns 43,072,014 shares of the casino operator’s stock valued at $1,874,063,000 after acquiring an additional 1,822,806 shares in the last quarter. Invesco Ltd. increased its position in shares of Las Vegas Sands by 4.9% during the second quarter. Invesco Ltd. now owns 9,902,619 shares of the casino operator’s stock worth $430,863,000 after purchasing an additional 459,821 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Las Vegas Sands by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 8,823,966 shares of the casino operator’s stock valued at $382,294,000 after purchasing an additional 31,153 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Las Vegas Sands by 5.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,723,494 shares of the casino operator’s stock valued at $200,335,000 after purchasing an additional 187,389 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Las Vegas Sands in the 2nd quarter worth $134,179,000. Hedge funds and other institutional investors own 39.16% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Robert G. Goldstein sold 1,198,650 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $66.68, for a total transaction of $79,925,982.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Miriam Adelson sold 77,991 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $67.56, for a total transaction of $5,269,071.96. Following the transaction, the insider owned 23,333,441 shares of the company’s stock, valued at approximately $1,576,407,273.96. This trade represents a 0.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,477,991 shares of company stock valued at $165,323,554 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on LVS shares. Weiss Ratings restated a “hold (c+)” rating on shares of Las Vegas Sands in a research note on Monday, December 29th. UBS Group lifted their price objective on Las Vegas Sands from $67.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Wells Fargo & Company raised their target price on Las Vegas Sands from $67.00 to $68.00 and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Stifel Nicolaus dropped their price objective on shares of 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. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Las Vegas Sands from $76.00 to $77.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Twelve analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $68.55.

Las Vegas Sands Stock Performance

NYSE LVS opened at $53.69 on Monday. The stock has a market capitalization of $36.07 billion, a price-to-earnings ratio of 22.94, a PEG ratio of 1.37 and a beta of 0.88. The stock has a 50-day moving average of $58.72 and a 200 day moving average of $58.99. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 7.58. Las Vegas Sands Corp. has a twelve month low of $30.18 and a twelve month high of $70.45.

Las Vegas Sands (NYSE:LVS) last posted 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. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a return on equity of 91.40% and a net margin of 12.50%.The business’s revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share. Sell-side analysts anticipate that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Monday, February 9th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, February 9th. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s payout ratio is presently 51.28%.

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.