Las Vegas Sands Corp. (LVS) on Focus After Trading At 52-Week Highs

January 23, 2018 - By Clifton Ray

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.33, from 1.03 in 2017Q2. It increased, as 36 investors sold Las Vegas Sands Corp. shares while 141 reduced holdings. 69 funds opened positions while 172 raised stakes. 284.19 million shares or 2.24% less from 290.72 million shares in 2017Q2 were reported.
243,472 were reported by Great West Life Assurance Company Can. Fifth Third Bancorp invested 0% in Las Vegas Sands Corp. (NYSE:LVS). Daiwa Securities Group Inc Incorporated has invested 0.01% in Las Vegas Sands Corp. (NYSE:LVS). Ray Gerald L holds 0.33% or 41,350 shares. Nordea Investment Mngmt stated it has 0% in Las Vegas Sands Corp. (NYSE:LVS). 1.82 million are owned by Federated Invsts Pa. Putnam Lc invested 0.19% in Las Vegas Sands Corp. (NYSE:LVS). Dynamic Advsrs Solutions Ltd Liability Co holds 1.67% in Las Vegas Sands Corp. (NYSE:LVS) or 65,702 shares. Etrade Cap Management Lc holds 3,912 shares or 0.01% of its portfolio. Trexquant Investment L P holds 0.61% or 37,958 shares. 17,575 were accumulated by Chesley Taft & Assoc Ltd Liability Com. Stifel Corporation holds 457,677 shares or 0.1% of its portfolio. 176,332 were accumulated by Investec Asset Management North America. Vanguard Gp owns 0.06% invested in Las Vegas Sands Corp. (NYSE:LVS) for 20.57M shares. Gateway Investment Advisers Limited Co stated it has 0.04% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS).

The stock of Las Vegas Sands Corp. (NYSE:LVS) hit a new 52-week high and has $83.25 target or 7.00 % above today’s $77.80 share price. The 6 months bullish chart indicates low risk for the $61.50B company. The 1-year high was reported on Jan, 23 by Barchart.com. If the $83.25 price target is reached, the company will be worth $4.30 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.91% or $0.7 during the last trading session, reaching $77.8. About 2.65M shares traded. Las Vegas Sands Corp. (NYSE:LVS) has risen 28.09% since January 23, 2017 and is uptrending. It has outperformed by 11.39% the S&P500.

Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on January, 24. They expect $0.75 EPS, up 20.97 % or $0.13 from last year’s $0.62 per share. LVS’s profit will be $592.86 million for 25.93 P/E if the $0.75 EPS becomes a reality. After $0.77 actual EPS reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts -2.60 % negative EPS growth.

Las Vegas Sands Corp. (NYSE:LVS) Ratings Coverage

Among 22 analysts covering Las Vegas Sands (NYSE:LVS), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Las Vegas Sands had 53 analyst reports since July 23, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of LVS in report on Thursday, October 26 with “Hold” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, November 4 report. As per Thursday, October 22, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Citigroup with “Buy” on Wednesday, April 13. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Susquehanna on Friday, January 19. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, November 4 report. CLSA maintained the shares of LVS in report on Monday, September 19 with “Outperform” rating. The stock has “Positive” rating by Susquehanna on Tuesday, January 26. Buckingham Research initiated the stock with “Neutral” rating in Thursday, August 11 report. Telsey Advisory Group maintained it with “Market Perform” rating and $62 target in Thursday, April 27 report.

More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Gurufocus.com which released: “Capital Impact Advisors, LLC Buys Las Vegas Sands Corp, Parsley Energy Inc …” on January 16, 2018, also Reviewjournal.com with their article: “State workshops delve into Nevada energy choice measure” published on January 17, 2018, Zacks.com published: “Is Las Vegas Sands (LVS) Poised for a Beat in Q4 Earnings?” on January 23, 2018. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) were released by: Prnewswire.com and their article: “Fortune Names Las Vegas Sands to “World’s Most Admired Companies” List” published on January 19, 2018 as well as Prnewswire.com‘s news article titled: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Las Vegas …” with publication date: January 16, 2018.

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. The company has market cap of $61.50 billion. It owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, The Parisian Macao, the Four Seasons Hotel Macao, Cotai Strip, the Plaza Casino, and the Sands Macao in Macao, the PeopleÂ’s Republic of China; and iconic Marina Bay Sands in Singapore. It has a 29.36 P/E ratio. The firm also owns and operates The Venetian Resort Hotel Casino and The Palazzo Resort Hotel Casino on the Las Vegas Strip; the Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania.

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