As Las Vegas Sands Corp (LVS) Valuation Declined, Holder Minneapolis Portfolio Management Group LLC Has Trimmed Stake by $7.89 Million

Las Vegas Sands Corp. (NYSE:LVS) LogoInvestors sentiment increased to 1.24 in Q2 2018. Its up 0.10, from 1.14 in 2018Q1. It improved, as 49 investors sold LVS shares while 161 reduced holdings. 83 funds opened positions while 178 raised stakes. 292.30 million shares or 3.81% more from 281.57 million shares in 2018Q1 were reported. Raymond James Trust Na holds 4,920 shares or 0.02% of its portfolio. Sumitomo Mitsui Asset Mngmt Limited has invested 0.08% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Covington invested in 0% or 668 shares. Westover Capital reported 10,665 shares. Ls Inv Advsrs Lc has invested 0.01% in Las Vegas Sands Corp. (NYSE:LVS). Moreover, Westpac Bk has 0% invested in Las Vegas Sands Corp. (NYSE:LVS). Hennessy Advsrs holds 75,100 shares or 0.2% of its portfolio. Sei reported 96,932 shares stake. Central Commercial Bank holds 0.06% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 2,939 shares. Motco accumulated 500 shares. Cullen Frost Bankers Inc holds 0.91% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 385,359 shares. Qs Invsts invested in 54,432 shares or 0.04% of the stock. Davenport Com Ltd Com reported 0.04% stake. Loomis Sayles And Limited Partnership stated it has 7,241 shares or 0% of all its holdings. Valley Advisers holds 0% in Las Vegas Sands Corp. (NYSE:LVS) or 75 shares.

Since September 6, 2018, it had 0 insider purchases, and 1 sale for $4.06 million activity.

Minneapolis Portfolio Management Group Llc decreased its stake in Las Vegas Sands Corp (LVS) by 23.26% based on its latest 2018Q2 regulatory filing with the SEC. Minneapolis Portfolio Management Group Llc sold 103,789 shares as the company’s stock declined 23.75% while stock markets rallied. The institutional investor held 342,476 shares of the hotels and resorts company at the end of 2018Q2, valued at $26.15M, down from 446,265 at the end of the previous reported quarter. Minneapolis Portfolio Management Group Llc who had been investing in Las Vegas Sands Corp for a number of months, seems to be less bullish one the $43.62B market cap company. The stock increased 0.22% or $0.12 during the last trading session, reaching $55.69. About 5.47M shares traded or 0.60% up from the average. Las Vegas Sands Corp. (NYSE:LVS) has declined 5.02% since December 7, 2017 and is downtrending. It has underperformed by 20.64% the S&P500.

Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on January, 23. They expect $0.86 EPS, down 2.27 % or $0.02 from last year’s $0.88 per share. LVS’s profit will be $673.67M for 16.19 P/E if the $0.86 EPS becomes a reality. After $0.77 actual EPS reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts 11.69 % EPS growth.

More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Seekingalpha.com which released: “Las Vegas Sands: Headwinds Diminishing, Golden Week Ahead, Shares Still Cheap At $60 – Seeking Alpha” on September 27, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Altice, Blue Apron, CubeSmart, Horizon Pharma, KB Home, Las Vegas Sands, Mylan, Switch and More – 24/7 Wall St.” published on November 15, 2018, Seekingalpha.com published: “Big gains seen for Macau stocks next year – Seeking Alpha” on November 17, 2018. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) were released by: Seekingalpha.com and their article: “Macau names in rally mode – Seeking Alpha” published on December 03, 2018 as well as Fool.com‘s news article titled: “Macau Stocks Are Bouncing Back…But Will It Last? – Motley Fool” with publication date: December 05, 2018.

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

Among 7 analysts covering Las Vegas Sands (NYSE:LVS), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Las Vegas Sands has $86 highest and $60 lowest target. $74.57’s average target is 33.90% above currents $55.69 stock price. Las Vegas Sands had 9 analyst reports since June 26, 2018 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, June 26. HSBC upgraded the stock to “Buy” rating in Tuesday, October 16 report. The rating was downgraded by Bank of America on Monday, July 2 to “Neutral”. The stock has “Buy” rating by Argus Research on Friday, October 26. The rating was maintained by Nomura with “Neutral” on Monday, July 9. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Buy” rating by Stifel Nicolaus on Thursday, July 26. The firm has “Overweight” rating by Morgan Stanley given on Thursday, July 26. The stock has “Neutral” rating by Nomura on Thursday, October 25.

Las Vegas Sands Corp. (NYSE:LVS) Institutional Positions Chart

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