Las Vegas Sands Corp. (NYSE:LVS) COO Robert G. Goldstein sold 39,155 shares of Las Vegas Sands stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $76.00, for a total value of $2,975,780.00. Following the sale, the chief operating officer now directly owns 39,155 shares of the company’s stock, valued at approximately $2,975,780. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Las Vegas Sands Corp. (LVS) traded down $0.04 during mid-day trading on Wednesday, reaching $73.82. The company’s stock had a trading volume of 2,100,344 shares, compared to its average volume of 3,906,242. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.07 and a current ratio of 1.09. Las Vegas Sands Corp. has a 52-week low of $54.71 and a 52-week high of $79.84. The company has a market capitalization of $58,010.00, a price-to-earnings ratio of 25.53 and a beta of 1.71.

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Las Vegas Sands (NYSE:LVS) last issued its quarterly earnings results on Wednesday, January 24th. The casino operator reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.11. Las Vegas Sands had a return on equity of 33.90% and a net margin of 21.78%. The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.26 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue was up 11.7% compared to the same quarter last year. equities analysts expect that Las Vegas Sands Corp. will post 3.34 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 22nd will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, March 21st. This represents a $3.00 annualized dividend and a yield of 4.06%. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.73. Las Vegas Sands’s payout ratio is 101.39%.

Several research firms recently issued reports on LVS. Telsey Advisory Group began coverage on Las Vegas Sands in a research note on Tuesday. They set a “market perform” rating and a $76.00 price objective for the company. Jefferies Group reissued a “hold” rating on shares of Las Vegas Sands in a research note on Thursday, January 25th. ValuEngine raised Las Vegas Sands from a “hold” rating to a “buy” rating in a research note on Friday, March 9th. Roth Capital lifted their price objective on Las Vegas Sands from $69.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Finally, Zacks Investment Research lowered Las Vegas Sands from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Ten research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Las Vegas Sands has an average rating of “Buy” and a consensus target price of $71.16.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Truewealth LLC purchased a new position in shares of Las Vegas Sands in the fourth quarter worth about $130,000. Bessemer Group Inc. increased its holdings in shares of Las Vegas Sands by 60.5% in the fourth quarter. Bessemer Group Inc. now owns 2,067 shares of the casino operator’s stock worth $144,000 after buying an additional 779 shares during the period. San Francisco Sentry Investment Group CA purchased a new position in shares of Las Vegas Sands in the third quarter worth about $181,000. Independence Trust CO purchased a new position in shares of Las Vegas Sands in the fourth quarter worth about $205,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in shares of Las Vegas Sands in the third quarter worth about $198,000. Hedge funds and other institutional investors own 38.68% of the company’s stock.

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Las Vegas Sands 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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