Las Vegas Sands Corp. $LVS Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its holdings in Las Vegas Sands Corp. (NYSE:LVS) by 38.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 658,027 shares of the casino operator’s stock after selling 414,400 shares during the period. New York State Common Retirement Fund’s holdings in Las Vegas Sands were worth $35,395,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Horizon Kinetics Asset Management LLC grew its holdings in Las Vegas Sands by 0.3% in the second quarter. Horizon Kinetics Asset Management LLC now owns 61,993 shares of the casino operator’s stock valued at $2,697,000 after purchasing an additional 213 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Las Vegas Sands by 21.4% in the 2nd quarter. Harbour Investments Inc. now owns 1,401 shares of the casino operator’s stock valued at $61,000 after purchasing an additional 247 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Las Vegas Sands by 1.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 18,189 shares of the casino operator’s stock valued at $791,000 after buying an additional 273 shares during the period. Center for Financial Planning Inc. grew its stake in shares of Las Vegas Sands by 31.3% during the 2nd quarter. Center for Financial Planning Inc. now owns 1,440 shares of the casino operator’s stock valued at $63,000 after buying an additional 343 shares during the period. Finally, Ballentine Partners LLC increased its holdings in shares of Las Vegas Sands by 7.1% during the 3rd quarter. Ballentine Partners LLC now owns 5,300 shares of the casino operator’s stock worth $285,000 after buying an additional 352 shares during the last quarter. 39.16% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Las Vegas Sands

Here are the key news stories impacting Las Vegas Sands this week:

• Positive Sentiment: Q4 beat on revenue and EPS, driven by record Marina Bay Sands EBITDA — this supports the company’s top-line momentum and underpins analyst upside revisions. Reuters: Quarterly profit rises
• Positive Sentiment: Management declared a 20% higher quarterly dividend ($0.30), raising the yield (~2.3%) and returning cash to shareholders — a tangible near-term support for the stock. Dividend announcement
• Positive Sentiment: Several brokers raised price targets or reiterated bullish ratings after the quarter (Deutsche Bank to $77, HSBC to $73, Macquarie reaffirmed Outperform), signaling analyst conviction in recovery potential. Benzinga: analyst reactions
• Neutral Sentiment: Goldman reduced its target from $80 to $73 but kept a Buy rating; Stifel trimmed its target to $72 while maintaining Buy — these are adjustments to reflect Q4 details but still leave sizable upside in consensus targets. MarketScreener: Goldman adjustment
• Negative Sentiment: Macao EBITDA margins fell meaningfully (reported ~390 bps decline), and management signaled margin recovery is a focus — the margin miss triggered a large sell-off and renewed concern about competitive pressure and market concentration in Macau. Forbes: Macao margin miss
• Negative Sentiment: Press pieces highlight a “Macau problem” and concentration risk — combined coverage (Barron’s, WSJ, Motley Fool) amplified investor selling despite the quarter’s headline beat. Barron’s: Macau problem

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on LVS. The Goldman Sachs Group reduced their target price on Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating on the stock in a report on Thursday. Barclays set a $64.00 price objective on Las Vegas Sands in a research note on Thursday. Mizuho increased their target price on shares of Las Vegas Sands from $63.00 to $65.00 and gave the stock an “outperform” rating in a research report on Thursday. Jefferies Financial Group restated a “buy” rating and issued a $78.00 price target on shares of Las Vegas Sands in a report on Wednesday, December 24th. Finally, HSBC increased their price objective on shares of Las Vegas Sands from $67.50 to $73.00 and gave the stock a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and an average price target of $70.23.

Las Vegas Sands Price Performance

LVS opened at $52.75 on Friday. The company has a debt-to-equity ratio of 7.42, a quick ratio of 0.88 and a current ratio of 0.89. The company has a market capitalization of $35.66 billion, a P/E ratio of 22.54, a PEG ratio of 1.27 and a beta of 0.97. Las Vegas Sands Corp. has a 1-year low of $30.18 and a 1-year high of $70.45. The company has a 50-day moving average of $63.86 and a 200-day moving average of $58.06.

Las Vegas Sands (NYSE:LVS) last released its earnings results on Wednesday, January 28th. The casino operator reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.08. The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.33 billion. Las Vegas Sands had a return on equity of 87.01% and a net margin of 12.50%.Las Vegas Sands’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. Equities analysts expect that Las Vegas Sands Corp. will post 2.6 EPS for the current fiscal year.

Las Vegas Sands Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 18th. Investors of record on Monday, February 9th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.3%. This is a boost from Las Vegas Sands’s previous quarterly dividend of $0.25. Las Vegas Sands’s payout ratio is currently 51.28%.

Insider Activity at Las Vegas Sands

In other news, EVP D. Zachary Hudson sold 100,000 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $64.99, for a total transaction of $6,499,000.00. Following the completion of the transaction, the executive vice president owned 13,735 shares in the company, valued at approximately $892,637.65. This represents a 87.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Miriam Adelson sold 77,991 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $67.56, for a total transaction of $5,269,071.96. Following the completion of the transaction, the insider owned 23,333,441 shares of the company’s stock, valued at approximately $1,576,407,273.96. This trade represents a 0.33% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,582,053 shares of company stock valued at $238,846,399. 1.20% of the stock is owned by insiders.

About Las Vegas Sands

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.