In today’s session Las Vegas Sands Corp. (LVS) registered an unusually high (524) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious LVS increase. With 524 contracts traded and 1284 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: LVS161118C00058500 closed last at: $0.65 or 38.7% down. About 2.15 million shares traded hands. Las Vegas Sands Corp. (NYSE:LVS) has risen 11.89% since April 13, 2016 and is uptrending. It has outperformed by 7.96% the S&P500.
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 firm earned “Market Perform” rating on Friday, November 4 by Telsey Advisory Group. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Bank of America on Tuesday, October 4. As per Tuesday, October 27, the company rating was initiated by Gabelli. Stifel Nicolaus maintained the shares of LVS in a report on Thursday, September 8 with “Buy” rating. The company was upgraded on Wednesday, September 14 by Argus Research. The firm earned “Equalweight” rating on Wednesday, July 27 by Barclays Capital. The firm has “Buy” rating by Stifel Nicolaus given on Friday, November 4. The firm has “Outperform” rating by CLSA given on Monday, September 19. The rating was initiated by Buckingham Research on Thursday, August 11 with “Neutral”. The firm earned “Outperform” rating on Friday, April 29 by CLSA.
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 dived, 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.
Moreover, Neuberger Berman Group Incorporated Limited Liability Company has 0% invested in Las Vegas Sands Corp. (NYSE:LVS) for 28,203 shares. Price T Rowe Inc Md last reported 0.21% of its portfolio in the stock. State Bank Of America De last reported 0.02% of its portfolio in the stock. Signaturefd Limited, a Georgia-based fund reported 40 shares. Hartford Management Communications has 10,221 shares for 0.01% of their US portfolio. The Netherlands-based Delta Lloyd Nv has invested 0.04% in Las Vegas Sands Corp. (NYSE:LVS). Caisse De Depot Et Placement Du Quebec has invested 0.01% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Ranger Management Ltd Partnership last reported 2% of its portfolio in the stock. Eaton Vance holds 0% or 16,903 shares in its portfolio. Spot Trading Limited Liability Corporation last reported 101,691 shares in the company. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv holds 0.15% or 301,900 shares in its portfolio. Federated Pa last reported 0.08% of its portfolio in the stock. Moneta Grp Advsr Lc holds 10,715 shares or 0.1% of its portfolio. Moreover, Royal Natl Bank Of Canada has 0.01% invested in Las Vegas Sands Corp. (NYSE:LVS) for 208,330 shares. Gateway Advisers Ltd Liability has 55,927 shares for 0.02% of their US portfolio.
Las Vegas Sands Corp. is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The company has a market cap of $45.32 billion. The Firm owns and operates integrated resorts in Asia and the United States. It has a 28.33 P/E ratio. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States.
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.
More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Fool.com which released: “What to Look For When Las Vegas Sands Corp. Reports Earnings” on October 30, 2016, also Wsj.com with their article: “Las Vegas Sands Reports Improving Results” published on November 03, 2016, Nasdaq.com published: “One Put, One Call Option To Know About for Las Vegas Sands” on November 14, 2016. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) were released by: Reuters.com and their article: “Nevada gambling regulator probes Las Vegas Sands over front gamblers” published on October 25, 2016 as well as Finance.Yahoo.com‘s news article titled: “Las Vegas Sands (LVS) Plans to Expand Sands Bethlehem Casino” with publication date: November 15, 2016.
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