WINTON GROUP Ltd Cuts Stake in Las Vegas Sands Corp. (NYSE:LVS)

WINTON GROUP Ltd cut its position in Las Vegas Sands Corp. (NYSE:LVS - Free Report) by 71.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,033 shares of the casino operator's stock after selling 34,925 shares during the period. WINTON GROUP Ltd's holdings in Las Vegas Sands were worth $721,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC increased its position in shares of 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 valued at $709,300,000 after acquiring an additional 160,711 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Las Vegas Sands by 13.5% in the fourth quarter. Bank of New York Mellon Corp now owns 11,662,548 shares of the casino operator's stock worth $598,988,000 after purchasing an additional 1,389,963 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Las Vegas Sands by 159.6% during the third quarter. Janus Henderson Group PLC now owns 9,130,486 shares of the casino operator's stock valued at $459,630,000 after purchasing an additional 5,612,975 shares in the last quarter. ARGA Investment Management LP boosted its position in shares of Las Vegas Sands by 32.0% during the fourth quarter. ARGA Investment Management LP now owns 6,501,382 shares of the casino operator's stock valued at $333,911,000 after buying an additional 1,577,042 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Las Vegas Sands by 2.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,659,427 shares of the casino operator's stock worth $133,876,000 after buying an additional 57,739 shares in the last quarter. Institutional investors own 39.16% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on LVS shares. Morgan Stanley dropped 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 report on Monday, February 24th. Wells Fargo & Company cut their target price on shares of Las Vegas Sands from $60.00 to $59.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Barclays lowered their price target on Las Vegas Sands from $61.00 to $58.00 and set an "overweight" rating on the stock in a report on Wednesday, January 29th. Jefferies Financial Group raised Las Vegas Sands from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $60.00 to $69.00 in a report on Friday, January 3rd. Finally, Macquarie increased their target price on Las Vegas Sands from $57.00 to $58.00 and gave the company an "outperform" rating in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $59.42.

Las Vegas Sands Stock Performance

Las Vegas Sands stock traded down $3.39 during midday trading on Thursday, hitting $35.65. The stock had a trading volume of 3,522,957 shares, compared to its average volume of 5,539,757. Las Vegas Sands Corp. has a 52-week low of $35.59 and a 52-week high of $56.60. The company has a market capitalization of $25.52 billion, a PE ratio of 18.10, a P/E/G ratio of 1.41 and a beta of 1.07. The firm's fifty day moving average is $43.22 and its two-hundred day moving average is $47.74. The company has a current ratio of 0.74, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35.

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

Las Vegas Sands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Monday, February 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date was Monday, February 10th. This is a positive change from Las Vegas Sands's previous quarterly dividend of $0.20. Las Vegas Sands's dividend payout ratio is presently 50.76%.

Las Vegas Sands Profile

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.