OxFORD Asset Management LLP Has $555,000 Holdings in Las Vegas Sands Corp. (LVS)

OxFORD Asset Management LLP lowered its stake in shares of Las Vegas Sands Corp. (NYSE:LVS) by 51.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,694 shares of the casino operator’s stock after selling 9,084 shares during the period. OxFORD Asset Management LLP’s holdings in Las Vegas Sands Corp. were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Global X Management Co. LLC lifted its holdings in shares of Las Vegas Sands Corp. by 8.3% during the 2nd quarter. Global X Management Co. LLC now owns 1,653 shares of the casino operator’s stock valued at $106,000 after purchasing an additional 126 shares during the last quarter. Ffcm LLC lifted its holdings in shares of Las Vegas Sands Corp. by 90.9% during the 2nd quarter. Ffcm LLC now owns 2,436 shares of the casino operator’s stock valued at $153,000 after purchasing an additional 1,160 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Las Vegas Sands Corp. by 24.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,603 shares of the casino operator’s stock valued at $166,000 after purchasing an additional 510 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Las Vegas Sands Corp. by 143.6% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,731 shares of the casino operator’s stock valued at $174,000 after purchasing an additional 1,610 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd lifted its holdings in shares of Las Vegas Sands Corp. by 87.2% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 2,994 shares of the casino operator’s stock valued at $171,000 after purchasing an additional 1,395 shares during the last quarter. Institutional investors own 37.97% of the company’s stock.

Las Vegas Sands Corp. (NYSE:LVS) opened at 61.89 on Thursday. The stock has a market cap of $49.02 billion, a price-to-earnings ratio of 24.08 and a beta of 1.76. Las Vegas Sands Corp. has a 52 week low of $51.35 and a 52 week high of $66.22. The company has a 50-day moving average price of $63.44 and a 200-day moving average price of $61.22.

Las Vegas Sands Corp. (NYSE:LVS) last announced its quarterly earnings results on Wednesday, July 26th. The casino operator reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.14. Las Vegas Sands Corp. had a net margin of 16.66% and a return on equity of 29.91%. The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same period in the previous year, the company earned $0.52 earnings per share. Las Vegas Sands Corp.’s quarterly revenue was up 18.5% compared to the same quarter last year. Equities research analysts anticipate that Las Vegas Sands Corp. will post $2.76 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, September 21st were issued a $0.73 dividend. The ex-dividend date was Wednesday, September 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.72%. Las Vegas Sands Corp.’s payout ratio is 113.18%.

LVS has been the subject of several analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $72.00 price objective (up previously from $70.00) on shares of Las Vegas Sands Corp. in a report on Thursday, July 27th. Bank of America Corporation reiterated a “buy” rating and set a $67.00 price objective (up previously from $65.00) on shares of Las Vegas Sands Corp. in a report on Friday, July 21st. CLSA reiterated a “buy” rating on shares of Las Vegas Sands Corp. in a report on Wednesday, July 5th. Zacks Investment Research upgraded Las Vegas Sands Corp. from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a report on Friday, October 13th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $62.00 price objective (up previously from $58.00) on shares of Las Vegas Sands Corp. in a report on Monday, July 10th. Ten analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Las Vegas Sands Corp. has an average rating of “Hold” and an average target price of $64.64.

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About Las Vegas Sands Corp.

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.

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Institutional Ownership by Quarter for Las Vegas Sands Corp. (NYSE:LVS)

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