Moody National Bank Trust Division Has $749,000 Stake in Las Vegas Sands Corp. (LVS)

Moody National Bank Trust Division maintained its position in shares of Las Vegas Sands Corp. (NYSE:LVS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,725 shares of the casino operator’s stock at the end of the second quarter. Moody National Bank Trust Division’s holdings in Las Vegas Sands Corp. were worth $749,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd bought a new position in shares of Las Vegas Sands Corp. during the fourth quarter worth approximately $1,178,000. Highbridge Capital Management LLC bought a new position in shares of Las Vegas Sands Corp. during the fourth quarter worth approximately $1,522,000. Newport Asia LLC increased its position in shares of Las Vegas Sands Corp. by 6.0% in the first quarter. Newport Asia LLC now owns 1,985,100 shares of the casino operator’s stock worth $113,174,000 after buying an additional 112,400 shares in the last quarter. Atalanta Sosnoff Capital LLC increased its position in shares of Las Vegas Sands Corp. by 33.4% in the first quarter. Atalanta Sosnoff Capital LLC now owns 15,525 shares of the casino operator’s stock worth $886,000 after buying an additional 3,890 shares in the last quarter. Finally, Rathbone Brothers plc increased its position in shares of Las Vegas Sands Corp. by 24.0% in the first quarter. Rathbone Brothers plc now owns 7,098 shares of the casino operator’s stock worth $405,000 after buying an additional 1,372 shares in the last quarter. Institutional investors and hedge funds own 38.27% of the company’s stock.

Las Vegas Sands Corp. (NYSE LVS) opened at 59.66 on Friday. Las Vegas Sands Corp. has a 12-month low of $49.89 and a 12-month high of $66.22. The stock has a market cap of $47.25 billion, a PE ratio of 23.21 and a beta of 1.81. The firm has a 50 day moving average of $62.08 and a 200-day moving average of $58.29.

Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings data on Wednesday, July 26th. The casino operator reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.14. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.01 billion. Las Vegas Sands Corp. had a net margin of 16.66% and a return on equity of 29.91%. The company’s revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 EPS. On average, analysts expect that Las Vegas Sands Corp. will post $2.74 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 21st will be given a $0.73 dividend. The ex-dividend date is Wednesday, September 20th. This represents a $2.92 annualized dividend and a yield of 4.89%. Las Vegas Sands Corp.’s dividend payout ratio (DPR) is 113.18%.

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A number of equities analysts have commented on LVS shares. Wells Fargo & Company restated a “neutral” rating on shares of Las Vegas Sands Corp. in a research note on Wednesday, April 19th. Susquehanna Bancshares Inc restated a “positive” rating and issued a $63.00 target price on shares of Las Vegas Sands Corp. in a research note on Thursday, April 20th. Aegis restated a “buy” rating and issued a $60.00 target price (up from $59.00) on shares of Las Vegas Sands Corp. in a research note on Sunday, April 23rd. Vetr cut shares of Las Vegas Sands Corp. from a “buy” rating to a “hold” rating and set a $61.32 price target for the company. in a research report on Wednesday, April 26th. Finally, Telsey Advisory Group upped their price target on shares of Las Vegas Sands Corp. from $58.00 to $62.00 and gave the stock a “market perform” rating in a research report on Thursday, April 27th. Ten investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $63.10.

About Las Vegas Sands Corp.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.

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

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