Las Vegas Sands Corp. (NYSE:LVS) Shares Purchased by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC grew its stake in Las Vegas Sands Corp. (NYSE:LVS - Free Report) by 29.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,382,267 shares of the casino operator's stock after buying an additional 2,152,829 shares during the quarter. Las Vegas Sands accounts for about 1.6% of Barrow Hanley Mewhinney & Strauss LLC's portfolio, making the stock its 18th largest holding. Barrow Hanley Mewhinney & Strauss LLC owned about 1.29% of Las Vegas Sands worth $481,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of LVS. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Las Vegas Sands by 32.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,948 shares of the casino operator's stock worth $1,707,000 after acquiring an additional 8,032 shares during the period. ARGA Investment Management LP raised its holdings in Las Vegas Sands by 32.0% in the 4th quarter. ARGA Investment Management LP now owns 6,501,382 shares of the casino operator's stock worth $333,911,000 after purchasing an additional 1,577,042 shares during the period. Fisher Asset Management LLC boosted its position in Las Vegas Sands by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 13,810,351 shares of the casino operator's stock worth $709,300,000 after purchasing an additional 160,711 shares in the last quarter. World Equity Group Inc. grew its holdings in Las Vegas Sands by 82.9% in the fourth quarter. World Equity Group Inc. now owns 25,602 shares of the casino operator's stock valued at $1,315,000 after purchasing an additional 11,602 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Las Vegas Sands by 19.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 50,087 shares of the casino operator's stock valued at $2,572,000 after buying an additional 8,326 shares in the last quarter. Hedge funds and other institutional investors own 39.16% of the company's stock.

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Las Vegas Sands Trading Down 7.7 %

LVS stock traded down $3.00 during trading on Thursday, reaching $36.04. 4,605,051 shares of the stock were exchanged, compared to its average volume of 5,874,754. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of $25.80 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.41 and a beta of 1.07. The business has a 50 day moving average price of $43.22 and a 200-day moving average price of $47.74. Las Vegas Sands Corp. has a 1 year low of $35.58 and a 1 year high of $56.61.

Las Vegas Sands (NYSE:LVS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The casino operator reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.04). Las Vegas Sands had a net margin of 12.80% and a return on equity of 45.82%. On average, research analysts predict that Las Vegas Sands Corp. will post 2.6 earnings per share for the current year.

Las Vegas Sands Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Monday, February 10th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.77%. This is an increase from Las Vegas Sands's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, February 10th. Las Vegas Sands's dividend payout ratio (DPR) is presently 50.76%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on LVS. Macquarie increased their price objective on shares of Las Vegas Sands from $57.00 to $58.00 and gave the company an "outperform" rating in a report on Wednesday, January 29th. Morgan Stanley decreased their price target on shares of Las Vegas Sands from $51.00 to $49.00 and set an "equal weight" rating on the stock in a research note on Monday, February 24th. Citigroup boosted their price objective on Las Vegas Sands from $64.50 to $67.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft decreased their target price on Las Vegas Sands from $66.00 to $62.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. dropped their price target on Las Vegas Sands from $62.00 to $61.00 and set an "overweight" rating for the company in a research report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $59.42.

About Las Vegas Sands

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.