Xponance Inc. Purchases 6,019 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Xponance Inc. increased its position in shares of Las Vegas Sands Corp. (NYSE:LVS – Get Rating ) by 11.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,480 shares of the casino operator’s stock after purchasing an additional 6,019 shares during the quarter. Properties of Xponance Inc. in Las Vegas Sands were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Trustcore Financial Services LLC raised its position in shares of Las Vegas Sands by 242.7% during the third quarter. Trustcore Financial Services LLC now owns 706 shares of the casino operator’s stock worth $27,000 after purchasing an additional 500 shares in the last quarter. Mizuho Securities Co. Ltd. acquired a new position in shares of Las Vegas Sands during the third quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its holdings in Las Vegas Sands by 42.1% in the third quarter. EverSource Wealth Advisors LLC now owns 1,076 shares of the casino operator’s stock worth $40,000 after purchasing an additional 319 shares during the period. Cowa LLC acquired a new position in Las Vegas Sands in the third quarter worth about $49,000. Finally, Industrial Alliance Investment Management Inc. acquired a new position in Las Vegas Sands in the third quarter worth about $50,000. 39.75% of the shares are owned by institutional investors.

Analyst upgrades and downgrades

Several equities analysts recently weighed in on LVS shares. JPMorgan Chase & Co. increased their price objective on shares of Las Vegas Sands from $55.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, January 26th. TheStreet upgraded shares of Las Vegas Sands from a “d+” rating to a “c-” rating in a report on Monday, February 6th. Credit Suisse Group boosted their price objective on shares of Las Vegas Sands from $59.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, January 26th. Citigroup boosted their price objective on shares of Las Vegas Sands from $73.50 to $76.00 and gave the company a “buy” rating in a report on Thursday, January 26th. Finally, Wells Fargo & Company boosted their target price on shares of Las Vegas Sands from $53.00 to $65.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.00, according to data from MarketBeat.

Las Vegas Sands shares rose 2.2%

Shares of LVS stock opened at $58.72 on Tuesday. The firm has a fifty day moving average of $56.81 and a 200 day moving average of $48.39. The company has a quick ratio of 1.72, a current ratio of 1.73, and a debt-to-equity ratio of 3.81. Las Vegas Sands Corp. it has a 12-month low of $28.88 and a 12-month high of $60.99. The company has a market capitalization of $44.88 billion, a price-to-earnings ratio of 24.47, a P/E/G ratio of 16.40 and a beta of 1.16.

Las Vegas Sands (NYSE:LVS – Get Rating ) last issued its quarterly earnings data on Wednesday, January 25th. The casino operator reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). Las Vegas Sands had a negative return on equity of 22.49% and a net margin of 44.57%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period last year, the company earned ($0.22) EPS. The firm’s revenue grew 10.8% year over year. As a group, equities research analysts predict that Las Vegas Sands Corp. will post 1.41 earnings per share for the current fiscal year.

About Las Vegas Sands (Get Rating)

Las Vegas Sands Corp. engages in the development of destination properties. The firm operates through the geographic segments of Macau and Singapore. The Macau segment handles the operations of The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Macao and Sands Macao.

Recommended stories

Want to see what other hedge funds are holding LVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Las Vegas Sands Corp. (NYSE:LVS – Get Rating).

This instant news alert was created from scientific narrative technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Las Vegas Sands, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s highest-rated and best-rated research analysts and the stocks they recommend to their clients every day. MarketBeat has identified five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Las Vegas Sands wasn’t on the list.

While Las Vegas Sands currently has a “Moderate Buy” rating among analysts, top analysts believe these five stocks are best buys.

View Five Shares Here