Robeco Institutional Asset Management B.V. Acquires 3,484 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Robeco Institutional Asset Management B.V. increased its stake in Las Vegas Sands Corp. (NYSE:LVS) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,751 shares of the casino operator’s stock after purchasing an additional 3,484 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Las Vegas Sands were worth $4,199,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Empowered Funds LLC increased its holdings in shares of Las Vegas Sands by 3.6% in the 3rd quarter. Empowered Funds LLC now owns 6,050 shares of the casino operator’s stock worth $305,000 after buying an additional 213 shares during the last quarter. Raymond James Trust N.A. increased its stake in Las Vegas Sands by 4.7% in the third quarter. Raymond James Trust N.A. now owns 5,062 shares of the casino operator’s stock valued at $255,000 after acquiring an additional 229 shares during the last quarter. GAMMA Investing LLC raised its position in Las Vegas Sands by 40.1% during the third quarter. GAMMA Investing LLC now owns 849 shares of the casino operator’s stock valued at $43,000 after purchasing an additional 243 shares in the last quarter. UMB Bank n.a. lifted its stake in Las Vegas Sands by 73.5% during the fourth quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock worth $30,000 after purchasing an additional 247 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Las Vegas Sands by 7.8% in the 3rd quarter. Signaturefd LLC now owns 3,510 shares of the casino operator’s stock worth $177,000 after purchasing an additional 253 shares in the last quarter. 39.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Las Vegas Sands

In other Las Vegas Sands news, CEO Robert G. Goldstein sold 24,324 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $52.00, for a total transaction of $1,264,848.00. Following the completion of the transaction, the chief executive officer now owns 60,187 shares of the company’s stock, valued at approximately $3,129,724. This trade represents a 28.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert G. Goldstein sold 60,187 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $53.02, for a total transaction of $3,191,114.74. The disclosure for this sale can be found here. 0.91% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

LVS has been the subject of a number of recent research reports. Susquehanna boosted their target price on Las Vegas Sands from $51.00 to $59.00 and gave the stock a “positive” rating in a research report on Wednesday, October 16th. UBS Group boosted their price objective on shares of Las Vegas Sands from $49.00 to $50.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Jefferies Financial Group raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating and upped their price objective for the company from $60.00 to $69.00 in a research note on Friday, January 3rd. Macquarie lifted their target price on shares of Las Vegas Sands from $57.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 29th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $51.00 price objective (down from $54.00) on shares of Las Vegas Sands in a research note on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $59.58.

Las Vegas Sands Trading Down 4.9 %

LVS opened at $45.90 on Monday. Las Vegas Sands Corp. has a one year low of $36.62 and a one year high of $56.60. The company has a debt-to-equity ratio of 3.09, a current ratio of 0.90 and a quick ratio of 0.89. The business has a 50 day simple moving average of $49.81 and a two-hundred day simple moving average of $46.76. The firm has a market capitalization of $33.28 billion, a price-to-earnings ratio of 23.30, a PEG ratio of 1.00 and a beta of 1.09.

Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings results on Wednesday, January 29th. The casino operator reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a return on equity of 43.76% and a net margin of 12.80%. Analysts predict that Las Vegas Sands Corp. will post 2.76 EPS for the current year.

Las Vegas Sands Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th will be paid a dividend of $0.25 per share. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.18%. Las Vegas Sands’s payout ratio is presently 40.61%.

Las Vegas Sands Profile

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.