Rhumbline Advisers Has $38.88 Million Stake in Las Vegas Sands Corp. $LVS

Rhumbline Advisers lowered its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 6.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 722,834 shares of the casino operator’s stock after selling 48,306 shares during the period. Rhumbline Advisers owned approximately 0.11% of Las Vegas Sands worth $38,881,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LVS. Total Investment Management Inc. acquired a new stake in shares of Las Vegas Sands during the 2nd quarter worth approximately $25,000. Westside Investment Management Inc. lifted its holdings in shares of Las Vegas Sands by 48.0% during the 3rd quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after acquiring an additional 166 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Las Vegas Sands during the 3rd quarter valued at about $33,000. Smartleaf Asset Management LLC raised its position in Las Vegas Sands by 549.5% in the third quarter. Smartleaf Asset Management LLC now owns 630 shares of the casino operator’s stock worth $35,000 after purchasing an additional 533 shares in the last quarter. Finally, Mizuho Securities Co. Ltd. bought a new position in Las Vegas Sands during the second quarter worth about $41,000. 39.16% of the stock is currently owned by institutional investors.

Key Stories Impacting Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Board names Patrick Dumont as chairman & CEO (effective March 1). Dumont, the company’s president and COO since 2021, will take over top leadership — a succession that signals continuity of current strategy and operations and reduces near‑term governance uncertainty. Las Vegas Sands Board of Directors Appoints Patrick Dumont as Chairman and Chief Executive Officer
• Positive Sentiment: Analyst upgrades: Zacks Research raised multiple EPS forecasts across quarters and fiscal years (including FY2026 to ~$3.08, FY2027 to ~$3.34 and FY2028 to ~$3.66, plus several quarterly boosts). Although Zacks still carries a “Hold” rating, higher estimates point to improved earnings momentum that can support the stock’s valuation.
• Neutral Sentiment: Sands China awarded consecutive “Top Employer” certification — recognition for HR practices and long employee tenure in Macao. This is positive for retention and operations but is a longer‑horizon, lower‑impact item for near‑term stock moves. Sands China Awarded 2nd Consecutive “Top Employer” Certification

Las Vegas Sands Price Performance

Shares of LVS stock opened at $57.10 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.88 and a debt-to-equity ratio of 7.58. The firm has a market capitalization of $38.37 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 1.37 and a beta of 0.93. The firm’s 50 day moving average is $61.77 and its 200-day moving average is $58.61. Las Vegas Sands Corp. has a 1 year low of $30.18 and a 1 year high of $70.45.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, January 28th. The casino operator reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.08. The firm had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.33 billion. Las Vegas Sands had a net margin of 12.50% and a return on equity of 91.40%. Las Vegas Sands’s revenue was up 26.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.54 EPS. Sell-side analysts forecast that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 18th. Stockholders of record on Monday, February 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, February 9th. Las Vegas Sands’s payout ratio is currently 51.28%.

Insiders Place Their Bets

In other Las Vegas Sands news, EVP D. Zachary Hudson sold 53,257 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $70.37, for a total transaction of $3,747,695.09. Following the transaction, the executive vice president directly owned 13,735 shares in the company, valued at approximately $966,531.95. This represents a 79.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Miriam Adelson sold 77,991 shares of Las Vegas Sands stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $67.56, for a total transaction of $5,269,071.96. Following the sale, the insider owned 23,333,441 shares of the company’s stock, valued at approximately $1,576,407,273.96. This represents a 0.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,082,053 shares of company stock valued at $207,130,199 over the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price objective on Las Vegas Sands from $76.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. HSBC increased their price objective on Las Vegas Sands from $67.50 to $73.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. increased their target price on shares of Las Vegas Sands from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Jefferies Financial Group reduced their price target on shares of Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Finally, Stifel Nicolaus cut their target price on shares of Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Las Vegas Sands Company Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.