Mn Services Vermogensbeheer B.V. Raises Holdings in Las Vegas Sands Corp. (NYSE:LVS)

Mn Services Vermogensbeheer B.V. boosted its position in Las Vegas Sands Corp. (NYSE:LVS) by 1.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 150,500 shares of the casino operator’s stock after acquiring an additional 2,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Las Vegas Sands were worth $7,730,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new stake in Las Vegas Sands in the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Las Vegas Sands in the 3rd quarter worth approximately $26,000. UMB Bank n.a. grew its stake in Las Vegas Sands by 73.5% in the 4th quarter. UMB Bank n.a. now owns 583 shares of the casino operator’s stock worth $30,000 after acquiring an additional 247 shares during the period. Ashton Thomas Securities LLC purchased a new stake in Las Vegas Sands in the 3rd quarter worth approximately $34,000. Finally, Capital Performance Advisors LLP purchased a new stake in Las Vegas Sands in the 3rd quarter worth approximately $43,000. 39.16% of the stock is owned by hedge funds and other institutional investors.

Las Vegas Sands Stock Performance

NYSE:LVS opened at $44.74 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of $32.03 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 1.41 and a beta of 1.08. The firm’s fifty day simple moving average is $45.98 and its 200 day simple moving average is $47.25. Las Vegas Sands Corp. has a twelve month low of $36.62 and a twelve month high of $56.60.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, January 29th. The casino operator reported $0.54 earnings per share for the quarter, missing the consensus estimate 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, equities research analysts expect that Las Vegas Sands Corp. will post 2.6 earnings per share for the current fiscal year.

Las Vegas Sands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 10th. This is an increase from Las Vegas Sands’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a dividend yield of 2.24%. Las Vegas Sands’s dividend payout ratio (DPR) is currently 50.76%.

Analyst Ratings Changes

Several research firms have commented on LVS. Morgan Stanley lowered their target price on shares of Las Vegas Sands from $51.00 to $49.00 and set an “equal weight” rating for the company in a research note on Monday, February 24th. UBS Group boosted their price objective on shares of Las Vegas Sands from $49.00 to $50.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Wells Fargo & Company lowered their price objective on shares of Las Vegas Sands from $60.00 to $59.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Jefferies Financial Group raised shares of Las Vegas Sands from a “hold” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $69.00 in a research note on Friday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Las Vegas Sands from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.42.

Las Vegas Sands Company 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.