American Century Companies Inc. boosted its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 13.5% in the 4th quarter, HoldingsChannel reports. The fund owned 3,757,739 shares of the casino operator’s stock after buying an additional 447,361 shares during the period. American Century Companies Inc.’s holdings in Las Vegas Sands were worth $261,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in LVS. Dimensional Fund Advisors LP raised its position in Las Vegas Sands by 8.1% during the second quarter. Dimensional Fund Advisors LP now owns 886,581 shares of the casino operator’s stock valued at $56,643,000 after acquiring an additional 66,330 shares in the last quarter. Voya Investment Management LLC raised its position in Las Vegas Sands by 1.6% during the second quarter. Voya Investment Management LLC now owns 46,501 shares of the casino operator’s stock valued at $2,971,000 after acquiring an additional 729 shares in the last quarter. Numeric Investors LLC purchased a new position in Las Vegas Sands during the second quarter valued at approximately $224,000. Gotham Asset Management LLC purchased a new position in Las Vegas Sands during the second quarter valued at approximately $4,884,000. Finally, BlueCrest Capital Management Ltd purchased a new position in Las Vegas Sands during the second quarter valued at approximately $2,868,000. Institutional investors own 37.24% of the company’s stock.

In other Las Vegas Sands news, Director George Jamieson purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were acquired at an average price of $66.96 per share, with a total value of $66,960.00. Following the purchase, the director now directly owns 6,488 shares in the company, valued at approximately $434,436.48. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 10.10% of the company’s stock.

LVS has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded Las Vegas Sands from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Friday, October 13th. Deutsche Bank boosted their price objective on Las Vegas Sands from $54.00 to $57.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Roth Capital initiated coverage on Las Vegas Sands in a research report on Wednesday, October 25th. They issued a “buy” rating and a $69.00 price objective for the company. Stifel Nicolaus restated a “buy” rating and issued a $76.00 price objective on shares of Las Vegas Sands in a research report on Tuesday, January 9th. Finally, Barclays boosted their price objective on Las Vegas Sands from $69.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, December 7th. Ten equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $70.54.

Las Vegas Sands Corp. (NYSE LVS) opened at $72.38 on Tuesday. The firm has a market capitalization of $57,210.00, a price-to-earnings ratio of 20.45 and a beta of 1.72. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.05 and a current ratio of 1.07. Las Vegas Sands Corp. has a 12 month low of $51.35 and a 12 month high of $79.84.

Las Vegas Sands (NYSE:LVS) last released its quarterly earnings data on Wednesday, January 24th. The casino operator reported $0.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.11. The company had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.26 billion. Las Vegas Sands had a return on equity of 34.76% and a net margin of 21.78%. The firm’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. equities analysts forecast that Las Vegas Sands Corp. will post 3.33 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Wednesday, March 21st. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.73. Las Vegas Sands’s dividend payout ratio is 82.49%.

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About Las Vegas Sands

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 (NYSE:LVS)

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