Marietta Investment Partners Lowered Companhia Brasileira De Dist (CBD) Position by $4.06 Million as Stock Declined; Puplava Financial Services Stake In Las Vegas Sands (LVS) Was Has Upped

May 18, 2018 - By Marguerite Chambers

Las Vegas Sands Corp. (NYSE:LVS) Logo

Marietta Investment Partners Llc decreased its stake in Companhia Brasileira De Dist (CBD) by 75.69% based on its latest 2017Q4 regulatory filing with the SEC. Marietta Investment Partners Llc sold 176,404 shares as the company’s stock declined 10.57% with the market. The institutional investor held 56,648 shares of the food chains company at the end of 2017Q4, valued at $1.34M, down from 233,052 at the end of the previous reported quarter. Marietta Investment Partners Llc who had been investing in Companhia Brasileira De Dist for a number of months, seems to be less bullish one the $5.82B market cap company. The stock decreased 3.88% or $0.86 during the last trading session, reaching $21.32. About 351,437 shares traded. Companhia Brasileira de Distribuição (NYSE:CBD) has risen 0.66% since May 18, 2017 and is uptrending. It has underperformed by 10.89% the S&P500.

Puplava Financial Services Inc increased its stake in Las Vegas Sands Corp (LVS) by 289.21% based on its latest 2017Q4 regulatory filing with the SEC. Puplava Financial Services Inc bought 34,205 shares as the company’s stock rose 2.75% while stock markets declined. The institutional investor held 46,032 shares of the hotels and resorts company at the end of 2017Q4, valued at $3.20M, up from 11,827 at the end of the previous reported quarter. Puplava Financial Services Inc who had been investing in Las Vegas Sands Corp for a number of months, seems to be bullish on the $61.60 billion market cap company. The stock decreased 0.38% or $0.3 during the last trading session, reaching $78.06. About 2.30 million shares traded. Las Vegas Sands Corp. (NYSE:LVS) has risen 26.54% since May 18, 2017 and is uptrending. It has outperformed by 14.99% the S&P500.

More news for Las Vegas Sands Corp. (NYSE:LVS) were recently published by: Seekingalpha.com, which released: “Las Vegas Sands Captures Overseas Opportunities” on May 08, 2018. Benzinga.com‘s article titled: “Las Vegas Sands Is An Ideal Play On Macau Mass Market, Says Morgan Stanley” and published on April 19, 2018 is yet another important article.

Since March 13, 2018, it had 0 insider buys, and 1 insider sale for $2.98 million activity.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.26, from 1.36 in 2017Q3. It worsened, as 38 investors sold LVS shares while 172 reduced holdings. 78 funds opened positions while 154 raised stakes. 287.76 million shares or 1.26% more from 284.19 million shares in 2017Q3 were reported. Kj Harrison has invested 0.25% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Price Cap Mgmt Inc reported 1,200 shares. Baystate Wealth Mngmt Limited Liability Corp owns 0.01% invested in Las Vegas Sands Corp. (NYSE:LVS) for 1,023 shares. Asset Mngmt One stated it has 0.11% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). First Interstate Comml Bank owns 0% invested in Las Vegas Sands Corp. (NYSE:LVS) for 305 shares. Arrowgrass Cap Partners (Us) Ltd Partnership holds 0% or 1,284 shares in its portfolio. 93,995 were accumulated by Kbc Gru Nv. Cornerstone Cap Ltd Liability Co holds 131,918 shares or 0.06% of its portfolio. Sumitomo Life accumulated 29,192 shares. Roosevelt Investment Gru stated it has 1.33% in Las Vegas Sands Corp. (NYSE:LVS). Avalon Advisors Llc has 314,790 shares for 0.67% of their portfolio. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma invested 0% in Las Vegas Sands Corp. (NYSE:LVS). Moreover, Whittier Trust Com has 0% invested in Las Vegas Sands Corp. (NYSE:LVS). Systematic Fincl Mgmt Lp stated it has 0.07% in Las Vegas Sands Corp. (NYSE:LVS). Janney Capital Mngmt Ltd Liability holds 0.75% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 251,774 shares.

Among 23 analysts covering Las Vegas Sands (NYSE:LVS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Las Vegas Sands had 67 analyst reports since July 23, 2015 according to SRatingsIntel. Morgan Stanley maintained Las Vegas Sands Corp. (NYSE:LVS) on Thursday, March 15 with “Overweight” rating. Susquehanna maintained the stock with “Buy” rating in Monday, May 1 report. Deutsche Bank maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Wednesday, October 19. Deutsche Bank has “Hold” rating and $44 target. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Friday, November 4. Stifel Nicolaus has “Buy” rating and $65 target. The firm has “Hold” rating by Standpoint Research given on Thursday, March 17. The firm earned “Neutral” rating on Thursday, August 11 by Buckingham Research. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, April 21 report. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Bank of America on Tuesday, October 4. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Thursday, January 26. Stifel Nicolaus has “Buy” rating and $65 target. The firm earned “Buy” rating on Friday, January 19 by Susquehanna.

Puplava Financial Services Inc, which manages about $312.12M and $216.47M US Long portfolio, decreased its stake in Vanguard Intl Equity Index F (VEU) by 63,572 shares to 430,638 shares, valued at $23.56M in 2017Q4, according to the filing. It also reduced its holding in Time Warner Inc (NYSE:TWX) by 7,039 shares in the quarter, leaving it with 5,395 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Analysts await Companhia Brasileira de Distribuição (NYSE:CBD) to report earnings on July, 24. They expect $0.12 earnings per share, down 73.33% or $0.33 from last year’s $0.45 per share. CBD’s profit will be $32.75M for 44.42 P/E if the $0.12 EPS becomes a reality. After $0.16 actual earnings per share reported by Companhia Brasileira de Distribuição for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Marietta Investment Partners Llc, which manages about $392.24 million and $351.71M US Long portfolio, upped its stake in Caterpillar Inc (NYSE:CAT) by 26,129 shares to 62,908 shares, valued at $9.91M in 2017Q4, according to the filing. It also increased its holding in Total Sa (NYSE:TOT) by 5,500 shares in the quarter, for a total of 15,775 shares, and has risen its stake in Illinois Tool Works (NYSE:ITW).

Among 6 analysts covering Companhia Brasileira de Distribuicao (NYSE:CBD), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Companhia Brasileira de Distribuicao had 10 analyst reports since August 26, 2015 according to SRatingsIntel. On Thursday, March 23 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Neutral” rating by Nomura given on Monday, November 9. The stock has “Underperform” rating by Bank of America on Friday, October 16. Citigroup downgraded the shares of CBD in report on Monday, November 9 to “Neutral” rating. As per Tuesday, October 13, the company rating was downgraded by JP Morgan. The stock has “Outperform” rating by Credit Suisse on Tuesday, November 7. HSBC upgraded Companhia Brasileira de Distribuição (NYSE:CBD) on Thursday, November 3 to “Hold” rating. The rating was upgraded by Bank of America on Thursday, December 15 to “Neutral”.

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