Las Vegas Sands Corp. (LVS) : Nicholas Investment Partners Lp scooped up 464,134 additional shares in Las Vegas Sands Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,000,000 shares of Las Vegas Sands Corp. which is valued at $44.9 Million.Las Vegas Sands Corp. makes up approximately 4.40% of Nicholas Investment Partners Lp’s portfolio.
Other Hedge Funds, Including , Wellington Management Group Llp reduced its stake in LVS by selling 611,664 shares or 8.15% in the most recent quarter. The Hedge Fund company now holds 6,896,360 shares of LVS which is valued at $309.6 Million. Las Vegas Sands Corp. makes up approx 0.08% of Wellington Management Group Llp’s portfolio. Carnick Kubik added LVS to its portfolio by purchasing 985 company shares during the most recent quarter which is valued at $44,217. Las Vegas Sands Corp. makes up approx 0.02% of Carnick Kubik’s portfolio.Mufg Americas Holdings Corp boosted its stake in LVS in the latest quarter, The investment management firm added 483 additional shares and now holds a total of 8,688 shares of Las Vegas Sands Corp. which is valued at $390,004. Las Vegas Sands Corp. makes up approx 0.01% of Mufg Americas Holdings Corp’s portfolio.Ibm Retirement Fund reduced its stake in LVS by selling 41,221 shares or 46.2% in the most recent quarter. The Hedge Fund company now holds 47,997 shares of LVS which is valued at $2.2 Million. Las Vegas Sands Corp. makes up approx 0.08% of Ibm Retirement Fund’s portfolio.Agf Investments reduced its stake in LVS by selling 111,052 shares or 21.47% in the most recent quarter. The Hedge Fund company now holds 406,127 shares of LVS which is valued at $18.5 Million. Las Vegas Sands Corp. makes up approx 0.22% of Agf Investments’s portfolio.
Las Vegas Sands Corp. opened for trading at $45.74 and hit $46.56 on the upside on Wednesday, eventually ending the session at $46.3, with a gain of 1.65% or 0.75 points. The heightened volatility saw the trading volume jump to 52,51,801 shares. Company has a market cap of $36,795 M.
On the company’s financial health, Las Vegas Sands Corp. reported $0.45 EPS for the quarter, missing the analyst consensus estimate by $ -0.18 based on the information available during the earnings call on Apr 20, 2016. Analyst had a consensus of $0.63. The company had revenue of $2716.20 million for the quarter, compared to analysts expectations of $2878.64 million. The company’s revenue was down -9.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.66 EPS.
Many Wall Street Analysts have commented on Las Vegas Sands Corp.. Company shares were Reiterated by Telsey Advisory Group on Apr 21, 2016 to “Market Perform”, Firm has raised the Price Target to $ 47 from a previous price target of $44 .Las Vegas Sands Corp. was Downgraded by JP Morgan to ” Neutral” on Apr 21, 2016. Company shares were Reiterated by Stifel on Apr 1, 2016 to “Buy”, Firm has raised the Price Target to $ 58 from a previous price target of $55 .
Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations gaming entertainment and retail convention and exhibition facilities celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao Singapore and the United States. In Macao its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao and Other Asia (that includes its ferry operations and various other operations). In Singapore its operating segment is Marina Bay Sands. In the United States its operating segments are The Venetian Las Vegas which includes the Sands Expo Center and The Palazzo and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.