Las Vegas Sands Corp (LVS) Holder First Foundation Advisors Decreased Its Holding by $4.14 Million as Stock Price Rose

May 17, 2018 - By Karen Cook

Las Vegas Sands Corp. (NYSE:LVS) LogoInvestors sentiment decreased to 1.1 in 2017 Q4. Its down 0.26, from 1.36 in 2017Q3. It turned negative, 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. New York State Common Retirement Fund holds 955,000 shares or 0.08% of its portfolio. Sg Americas Securities Lc has invested 0.07% in Las Vegas Sands Corp. (NYSE:LVS). Korea Investment reported 622,757 shares. Carroll Financial Assocs holds 0% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 172 shares. Polaris Greystone Fincl Group Inc Limited Liability Com reported 4,750 shares. Utah Retirement Sys has invested 0.1% in Las Vegas Sands Corp. (NYSE:LVS). 56,641 are owned by Raymond James Fincl Services Advsr. Millennium Mgmt Ltd owns 1.01 million shares. National Bank Of Ny Mellon holds 0.07% or 3.87 million shares. Stifel Fin reported 434,897 shares stake. Ohio-based Fifth Third Retail Bank has invested 0% in Las Vegas Sands Corp. (NYSE:LVS). Glob X Management Limited Liability Company holds 0% in Las Vegas Sands Corp. (NYSE:LVS) or 567 shares. 3,361 are held by Lincoln Natl. Brown Advisory holds 0% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 8,302 shares. Secor Capital Advsrs Lp reported 42,830 shares.

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

First Foundation Advisors decreased its stake in Las Vegas Sands Corp (LVS) by 46.05% based on its latest 2017Q4 regulatory filing with the SEC. First Foundation Advisors sold 60,009 shares as the company’s stock rose 2.75% while stock markets declined. The hedge fund held 70,297 shares of the hotels and resorts company at the end of 2017Q4, valued at $4.89 million, down from 130,306 at the end of the previous reported quarter. First Foundation Advisors who had been investing in Las Vegas Sands Corp for a number of months, seems to be less bullish one the $61.72 billion market cap company. The stock decreased 0.20% or $0.16 during the last trading session, reaching $78.2. About 1.94 million shares traded. Las Vegas Sands Corp. (NYSE:LVS) has risen 26.54% since May 17, 2017 and is uptrending. It has outperformed by 14.99% the S&P500.

First Foundation Advisors, which manages about $3.20 billion and $1.85 billion US Long portfolio, upped its stake in Vanguard Reit Etf (VNQ) by 39,133 shares to 60,772 shares, valued at $5.04M in 2017Q4, according to the filing. It also increased its holding in Gaming & Leisure Properties (NASDAQ:GLPI) by 192,007 shares in the quarter, for a total of 443,626 shares, and has risen its stake in Berkshire Hathaway Inc Cl B (BRKB).

Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on July, 25. They expect $0.79 EPS, up 8.22 % or $0.06 from last year’s $0.73 per share. LVS’s profit will be $623.46M for 24.75 P/E if the $0.79 EPS becomes a reality. After $1.04 actual EPS reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts -24.04 % negative EPS growth.

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

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

Among 9 analysts covering Las Vegas Sands (NYSE:LVS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Las Vegas Sands had 16 analyst reports since January 19, 2018 according to SRatingsIntel. The stock of Las Vegas Sands Corp. (NYSE:LVS) earned “Overweight” rating by Morgan Stanley on Thursday, April 19. The firm has “Hold” rating by Jefferies given on Thursday, January 25. Morgan Stanley maintained Las Vegas Sands Corp. (NYSE:LVS) on Thursday, March 15 with “Overweight” rating. JP Morgan maintained it with “Neutral” rating and $76 target in Thursday, April 26 report. The stock of Las Vegas Sands Corp. (NYSE:LVS) has “Buy” rating given on Thursday, January 25 by Stifel Nicolaus. Susquehanna maintained it with “Buy” rating and $8800 target in Monday, April 23 report. Susquehanna maintained Las Vegas Sands Corp. (NYSE:LVS) on Friday, January 19 with “Buy” rating. The rating was maintained by Susquehanna with “Buy” on Thursday, February 8. The firm has “Hold” rating by Jefferies given on Thursday, April 26. Bank of America maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Wednesday, January 24. Bank of America has “Buy” rating and $85.0 target.

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

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