Could Las Vegas Sands Corp. Rise Even More? The Stock Had Bullish Options Activity

 Could Las Vegas Sands Corp. Rise Even More? The Stock Had Bullish Options Activity

In today’s session Las Vegas Sands Corp. (LVS) registered an unusually high (104) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious LVS increase. With 104 contracts traded and 5614 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: LVS180119C00055000 closed last at: $11.25 or 0.4% down. About 357,970 shares traded hands. Las Vegas Sands Corp. (NYSE:LVS) has risen 33.18% since April 22, 2016 and is uptrending. It has outperformed by 27.77% the S&P500.

Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on January, 25. They expect $0.64 EPS, up 3.23% or $0.02 from last year’s $0.62 per share. LVS’s profit will be $506.65 million for 24.41 P/E if the $0.64 EPS becomes a reality. After $0.72 actual EPS reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

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 has “Market Perform” rating given on Friday, November 4 by Telsey Advisory Group. As per Thursday, January 28, the company rating was maintained by Telsey Advisory Group. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Positive” rating by Susquehanna on Tuesday, January 26. The firm has “Outperform” rating by CLSA given on Friday, April 29. On Tuesday, October 27 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. As per Thursday, August 11, the company rating was initiated by Buckingham Research. Stifel Nicolaus maintained the shares of LVS in a report on Thursday, October 22 with “Hold” rating. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) on Thursday, July 23 with “Buy” rating. The company was initiated on Tuesday, October 27 by Gabelli. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Argus Research on Wednesday, September 14.

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 increased to 1.13 in Q2 2016. Its up 0.03, from 1.1 in 2016Q1. The ratio improved, 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.
Sumitomo Mitsui Asset has 0.14% invested in the company for 103,320 shares. Renaissance Tech Limited Liability Corp holds 0.02% or 221,500 shares in its portfolio. Pension Ser has invested 0.11% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Moreover, Aqr Capital Mngmt Limited Liability Corporation has 0.13% invested in Las Vegas Sands Corp. (NYSE:LVS) for 1.65 million shares. World Asset Incorporated last reported 0.02% of its portfolio in the stock. Twin Tree Mgmt Ltd Partnership has 0.07% invested in the company for 109,285 shares. Architects Incorporated owns 100 shares or 0% of their US portfolio. Hightower Ltd holds 10,489 shares or 0.01% of its portfolio. Utd Automobile Association last reported 0.05% of its portfolio in the stock. Huntington Comml Bank last reported 0% of its portfolio in the stock. Finemark National Bank And Tru holds 0% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 112 shares. Riverpark Capital Mgmt Ltd Co holds 3.57% or 169,115 shares in its portfolio. Ladenburg Thalmann Financial last reported 0.01% of its portfolio in the stock. Blackrock holds 0.02% or 247,891 shares in its portfolio. Advsr Cap Management Ltd Com, a New Jersey-based fund reported 214,006 shares.

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 $49.47 billion. The Firm owns and operates integrated resorts in Asia and the United States. It has a 30.54 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 recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Reviewjournal.com which released: “Report prompts scrutiny of Las Vegas Sands Corp. by gaming regulators” on October 26, 2016. Also Fool.com published the news titled: “What to Look For When Las Vegas Sands Corp. Reports Earnings” on October 30, 2016. Wsj.com‘s news article titled: “Las Vegas Sands Reports Improving Results” with publication date: November 03, 2016 was also an interesting one.

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