The stock of Las Vegas Sands Corp. (NYSE:LVS) is a huge mover today! About 5.28M shares traded hands or 60.49% up from the average. Las Vegas Sands Corp. (NYSE:LVS) has risen 12.33% since April 4, 2016 and is uptrending. It has outperformed by 11.24% the S&P500.
The move comes after 6 months positive chart setup for the $47.85 billion company. It was reported on Nov, 4 by Barchart.com. We have $92.73 PT which if reached, will make NYSE:LVS worth $26.80B more.
Las Vegas Sands Corp. (NYSE:LVS) Ratings Coverage
Out of 15 analysts covering Las Vegas Sands (NYSE:LVS), 8 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 53% are positive. Las Vegas Sands has been the topic of 32 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Las Vegas Sands Corp. (NYSE:LVS) has “Neutral” rating given on Thursday, August 11 by Buckingham Research. The firm has “Outperform” rating given on Monday, September 19 by CLSA. The rating was upgraded by Vetr to “Hold” on Thursday, August 20. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Stifel Nicolaus on Thursday, September 8. The firm has “Buy” rating by Citigroup given on Wednesday, April 13. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, November 4. The company was maintained on Thursday, April 21 by Barclays Capital. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Friday, November 4. Stifel Nicolaus has “Buy” rating and $65 price target. As per Wednesday, October 19, the company rating was maintained by Deutsche Bank. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Neutral” rating by JP Morgan on Thursday, April 21.
According to Zacks Investment Research, “Las Vegas Sands Corp. is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People’s Republic of China’s Special Administrative Region of Macao.”
Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.25, from 1.35 in 2016Q1. The ratio fall, as 72 funds sold all Las Vegas Sands Corp. shares owned while 119 reduced positions. 42 funds bought stakes while 168 increased positions. They now own 297.43 million shares or 2.96% less from 306.52 million shares in 2016Q1.
Sandhill Cap Prns has invested 3.27% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Schwab Charles Investment Mngmt holds 0.03% or 597,898 shares in its portfolio. Raymond James Fincl Svcs Advsr holds 50,875 shares or 0.02% of its portfolio. Susquehanna Int Gp Limited Liability Partnership has 532,572 shares for 0.01% of their US portfolio. Wagner Bowman Mgmt, a Maryland-based fund reported 5,880 shares. Royal Savings Bank Of Canada has 208,330 shares for 0.01% of their US portfolio. Robeco Institutional Asset Mgmt Bv has 31,895 shares for 0.01% of their US portfolio. Products Prtnrs Limited Liability Co holds 152,400 shares or 0.52% of its portfolio. Bluecrest Limited last reported 6,542 shares in the company. Cornerstone Mgmt Limited Liability Company owns 182,800 shares or 0.06% of their US portfolio. State Bank Of New York Mellon Corporation, a New York-based fund reported 5.09M shares. Americafirst Cap Ltd Liability Corporation owns 4,151 shares or 0% of their US portfolio. Hall Laurie J Trustee accumulated 0.03% or 890 shares. Bnp Paribas Investment Prtnrs Sa owns 453,952 shares or 0.17% of their US portfolio. Ig Invest Mgmt Limited accumulated 0.02% or 93,069 shares.
More important recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Investorplace.com which released: “Las Vegas Sands Corp. Earnings Results Send LVS Stock Higher” on November 04, 2016, also Foxbusiness.com published article titled: “What to Look For When Las Vegas Sands Corp. Reports Earnings”, Reviewjournal.com published: “Report prompts scrutiny of Las Vegas Sands Corp. by gaming regulators” on October 26, 2016. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) was released by: Seekingalpha.com and their article: “Las Vegas Sands Pre-Earnings: What To Expect?” with publication date: November 02, 2016.
LVS Company Profile
Las Vegas Sands Corp., incorporated on August 9, 2004, is a developer of destination properties (integrated resorts) that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Firm owns and operates integrated resorts in Asia and the United States. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, the Company’s divisions are The Venetian Macao, Sands Cotai Central, Four Seasons Macao, Sands Macao and Other Asia (comprises the Company’s ferry activities and various other operations). In Singapore, the Company’s segment is Marina Bay Sands. In the United States, the Company’s divisions are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Company’s properties is an invitation-only club, which offers services and amenities, including luxury accommodations, restaurants, lounges and private gaming salons. The Firm also offers players club loyalty programs at its properties, which provide access to rewards, privileges and members-only events.
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