Las Vegas Sands Corp. (LVS) : Capital Management Corp Va scooped up 3,909 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 Jul 20, 2016. The investment management firm now holds a total of 154,322 shares of Las Vegas Sands Corp. which is valued at $7,302,517.Las Vegas Sands Corp. makes up approximately 2.69% of Capital Management Corp Va’s portfolio.
Other Hedge Funds, Including , Hartford Investment Management Co boosted its stake in LVS in the latest quarter, The investment management firm added 1,064 additional shares and now holds a total of 10,221 shares of Las Vegas Sands Corp. which is valued at $483,658. Las Vegas Sands Corp. makes up approx 0.01% of Hartford Investment Management Co’s portfolio.Sumitomo Life Insurance Co reduced its stake in LVS by selling 1,555 shares or 4.33% in the most recent quarter. The Hedge Fund company now holds 34,387 shares of LVS which is valued at $1,614,126. Las Vegas Sands Corp. makes up approx 0.21% of Sumitomo Life Insurance Co’s portfolio.Washington Trust Bank boosted its stake in LVS in the latest quarter, The investment management firm added 690 additional shares and now holds a total of 1,000 shares of Las Vegas Sands Corp. which is valued at $44,130. Las Vegas Sands Corp. makes up approx 0.01% of Washington Trust Bank’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in LVS in the latest quarter, The investment management firm added 31,847 additional shares and now holds a total of 243,485 shares of Las Vegas Sands Corp. which is valued at $10,744,993. Las Vegas Sands Corp. makes up approx 0.05% of Bnp Paribas Arbitrage Sa’s portfolio.
Las Vegas Sands Corp. opened for trading at $46.42 and hit $46.99 on the upside on Wednesday, eventually ending the session at $46.96, with a gain of 1.34% or 0.62 points. The heightened volatility saw the trading volume jump to 27,38,147 shares. Company has a market cap of $37,320 M.
On the company’s financial health, Las Vegas Sands Corp. reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $0.56. The company had revenue of $2650.00 million for the quarter, compared to analysts expectations of $2750.98 million. The company’s revenue was down -9.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.
Many Wall Street Analysts have commented on Las Vegas Sands Corp.. Company shares were Reiterated by Telsey Advisory Group on Jul 26, 2016 to “Market Perform”, Firm has raised the Price Target to $ 50 from a previous price target of $47 .Shares were Reiterated by UBS on Jul 8, 2016 to “Neutral” and Lowered the Price Target to $ 44 from a previous price target of $52 .
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.