Eaton Vance Management grew its position in Las Vegas Sands Corp. (NYSE:LVS) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 95,759 shares of the casino operator’s stock after purchasing an additional 161 shares during the period. Eaton Vance Management’s holdings in Las Vegas Sands Corp. were worth $6,118,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. TrimTabs Asset Management LLC boosted its stake in shares of Las Vegas Sands Corp. by 88.8% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,837 shares of the casino operator’s stock valued at $105,000 after purchasing an additional 864 shares in the last quarter. Global X Management Co. LLC boosted its stake in shares of Las Vegas Sands Corp. by 8.3% in the 2nd quarter. Global X Management Co. LLC now owns 1,653 shares of the casino operator’s stock valued at $106,000 after purchasing an additional 126 shares in the last quarter. Ffcm LLC boosted its stake in shares of Las Vegas Sands Corp. by 90.9% in the 2nd quarter. Ffcm LLC now owns 2,436 shares of the casino operator’s stock valued at $153,000 after purchasing an additional 1,160 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Las Vegas Sands Corp. by 24.4% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,603 shares of the casino operator’s stock valued at $166,000 after purchasing an additional 510 shares in the last quarter. Finally, Point72 Asia Hong Kong Ltd boosted its stake in shares of Las Vegas Sands Corp. by 87.2% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 2,994 shares of the casino operator’s stock valued at $171,000 after purchasing an additional 1,395 shares in the last quarter. Institutional investors own 38.03% of the company’s stock.

LVS has been the topic of several research reports. Bank of America Corporation reiterated a “buy” rating and set a $67.00 price target (up previously from $65.00) on shares of Las Vegas Sands Corp. in a research report on Friday, July 21st. Stifel Nicolaus reiterated a “buy” rating and set a $70.00 price target (up previously from $66.00) on shares of Las Vegas Sands Corp. in a research report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research report on Tuesday, June 27th. Vetr upgraded shares of Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $63.09 price target on the stock in a research report on Wednesday, May 31st. Finally, CLSA reiterated a “buy” rating on shares of Las Vegas Sands Corp. in a research report on Wednesday, July 5th. Ten equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Las Vegas Sands Corp. currently has a consensus rating of “Buy” and an average price target of $62.91.

Shares of Las Vegas Sands Corp. (NYSE LVS) opened at 64.14 on Friday. Las Vegas Sands Corp. has a 12-month low of $51.35 and a 12-month high of $66.22. The firm has a market cap of $50.80 billion, a P/E ratio of 24.96 and a beta of 1.78. The stock has a 50 day moving average price of $61.52 and a 200 day moving average price of $59.78.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, September 21st will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Wednesday, September 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.55%. Las Vegas Sands Corp.’s dividend payout ratio is presently 113.18%.

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Las Vegas Sands Corp. Company Profile

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.

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

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