38,789 Shares in Las Vegas Sands Corp. (NYSE:LVS) Bought by World Investment Advisors LLC

World Investment Advisors LLC bought a new position in Las Vegas Sands Corp. (NYSE:LVS - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 38,789 shares of the casino operator's stock, valued at approximately $1,953,000.

Other hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its stake in shares of Las Vegas Sands by 3.6% in the third quarter. Empowered Funds LLC now owns 6,050 shares of the casino operator's stock valued at $305,000 after buying an additional 213 shares in the last quarter. Raymond James Trust N.A. raised its holdings in shares of Las Vegas Sands by 4.7% in the 3rd quarter. Raymond James Trust N.A. now owns 5,062 shares of the casino operator's stock worth $255,000 after acquiring an additional 229 shares during the last quarter. GAMMA Investing LLC lifted its position in Las Vegas Sands by 40.1% in the 3rd quarter. GAMMA Investing LLC now owns 849 shares of the casino operator's stock valued at $43,000 after acquiring an additional 243 shares in the last quarter. Signaturefd LLC lifted its position in Las Vegas Sands by 7.8% in the 3rd quarter. Signaturefd LLC now owns 3,510 shares of the casino operator's stock valued at $177,000 after acquiring an additional 253 shares in the last quarter. Finally, Waldron Private Wealth LLC boosted its stake in Las Vegas Sands by 2.2% during the 3rd quarter. Waldron Private Wealth LLC now owns 12,466 shares of the casino operator's stock valued at $628,000 after purchasing an additional 268 shares during the last quarter. Institutional investors and hedge funds own 39.16% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Mizuho increased their price objective on Las Vegas Sands from $52.00 to $57.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Barclays increased their price target on Las Vegas Sands from $58.00 to $61.00 and gave the company an "overweight" rating in a research report on Friday. Susquehanna lifted their price objective on shares of Las Vegas Sands from $51.00 to $59.00 and gave the stock a "positive" rating in a report on Wednesday, October 16th. Morgan Stanley increased their target price on shares of Las Vegas Sands from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Las Vegas Sands from $60.00 to $62.00 and gave the stock an "overweight" rating in a report on Friday. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $58.42.

Insider Activity

In other news, CEO Robert G. Goldstein sold 60,187 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $53.02, for a total value of $3,191,114.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert G. Goldstein sold 24,324 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $52.00, for a total transaction of $1,264,848.00. Following the transaction, the chief executive officer now directly owns 60,187 shares of the company's stock, valued at approximately $3,129,724. This represents a 28.78 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 203,732 shares of company stock valued at $10,861,707 over the last quarter. Company insiders own 0.91% of the company's stock.

Las Vegas Sands Stock Performance

Shares of NYSE:LVS traded up $0.07 during mid-day trading on Friday, reaching $53.87. The company had a trading volume of 3,378,846 shares, compared to its average volume of 5,686,731. The company's 50-day moving average price is $51.85 and its 200-day moving average price is $45.62. Las Vegas Sands Corp. has a one year low of $36.62 and a one year high of $56.60. The firm has a market cap of $39.06 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.44 and a beta of 1.10. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 3.09.

Las Vegas Sands (NYSE:LVS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The casino operator reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.09). Las Vegas Sands had a net margin of 13.29% and a return on equity of 44.26%. The firm had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.79 billion. During the same period in the prior year, the company earned $0.55 EPS. The firm's quarterly revenue was down 4.0% on a year-over-year basis. As a group, equities research analysts anticipate that Las Vegas Sands Corp. will post 2.33 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were paid a $0.20 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $0.80 annualized dividend and a dividend yield of 1.49%. Las Vegas Sands's payout ratio is 39.60%.

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.