XTX Topco Ltd Acquires New Shares in Las Vegas Sands Corp. (NYSE:LVS)

XTX Topco Ltd acquired a new position in Las Vegas Sands Corp. (NYSE:LVS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 36,865 shares of the casino operator's stock, valued at approximately $1,893,000.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in Las Vegas Sands in the third quarter worth approximately $26,000. Bank of Jackson Hole Trust purchased a new position in Las Vegas Sands in the 4th quarter worth about $26,000. UMB Bank n.a. raised its holdings in Las Vegas Sands by 73.5% during the 4th quarter. UMB Bank n.a. now owns 583 shares of the casino operator's stock worth $30,000 after buying an additional 247 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in Las Vegas Sands during the fourth quarter valued at about $36,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Las Vegas Sands by 63.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 885 shares of the casino operator's stock worth $45,000 after buying an additional 342 shares during the period. Institutional investors and hedge funds own 39.16% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on LVS shares. JPMorgan Chase & Co. reduced their price target on shares of 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. Macquarie raised their target price on Las Vegas Sands from $57.00 to $58.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. 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. Citigroup increased their target price on shares of Las Vegas Sands from $64.50 to $67.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Finally, Jefferies Financial Group upgraded Las Vegas Sands from a "hold" rating to a "buy" rating and lifted their price target for the company from $60.00 to $69.00 in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, Las Vegas Sands presently has a consensus rating of "Moderate Buy" and a consensus target price of $59.08.

Las Vegas Sands Price Performance

LVS stock traded up $0.88 during midday trading on Friday, reaching $32.74. 5,739,478 shares of the company's stock traded hands, compared to its average volume of 6,092,946. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 3.35. The company has a market cap of $23.13 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 1.41 and a beta of 0.99. The company has a 50-day simple moving average of $40.27 and a two-hundred day simple moving average of $46.64. Las Vegas Sands Corp. has a 1-year low of $30.18 and a 1-year high of $56.61.

Las Vegas Sands (NYSE:LVS - Get Free Report) last issued 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 net margin of 12.80% and a return on equity of 45.82%. On average, analysts anticipate 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 declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share. This is a boost from Las Vegas Sands's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.00 annualized dividend and a dividend yield of 3.05%. Las Vegas Sands's payout ratio is currently 50.76%.

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.