Deutsche Bank reiterated their hold rating on shares of Las Vegas Sands Corp. (NYSE:LVS) in a research report released on Wednesday, Market Beat Ratings reports. They currently have a $42.00 target price on the casino operator’s stock.

In related news, EVP Ira H. Raphaelson sold 8,768 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $49.76, for a total value of $436,295.68. Following the sale, the executive vice president now directly owns 24,417 shares in the company, valued at $1,214,989.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Robert G. Goldstein sold 97,943 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Monday, January 4th. The shares were sold at an average price of $42.25, for a total value of $4,138,091.75. Following the completion of the sale, the chief operating officer now owns 127,057 shares in the company, valued at $5,368,158.25. The disclosure for this sale can be found here.

Several hedge funds have bought and sold shares of the stock. ING Groep increased its stake in Las Vegas Sands Corp. by 39.4% in the third quarter. ING Groep now owns 990,751 shares of the casino operator’s stock worth $37,599,000 after buying an additional 280,120 shares during the period. Community Bank & Trust of Waco, Texas acquired a new stake in Las Vegas Sands Corp. during the fourth quarter worth $1,674,000. Atalanta Sosnoff Capital acquired a new stake in Las Vegas Sands Corp. during the fourth quarter worth $1,595,000. Proficio Capital Partners acquired a new stake in Las Vegas Sands Corp. during the fourth quarter worth $490,000. Finally, Webster Bank acquired a new stake in Las Vegas Sands Corp. during the fourth quarter worth $387,000.

A number of other analysts also recently issued reports on the company. Susquehanna cut their target price on Las Vegas Sands Corp. from $58.00 to $47.00 and set a positive rating for the company in a research note on Tuesday. Telsey Advisory Group reaffirmed a market perform rating on shares of Las Vegas Sands Corp. in a research note on Tuesday, January 19th. Nomura cut their target price on Las Vegas Sands Corp. from $47.00 to $43.00 in a research note on Tuesday, January 19th. Zacks Investment Research raised Las Vegas Sands Corp. from a sell rating to a hold rating in a research note on Thursday, January 14th. Finally, TheStreet cut Las Vegas Sands Corp. from a buy rating to a hold rating in a report on Friday, January 8th. Eleven analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $53.33.

Las Vegas Sands Corp. (NYSE:LVS) traded up 3.34% during mid-day trading on Wednesday, hitting $42.98. The company had a trading volume of 5,461,197 shares. Las Vegas Sands Corp. has a 52-week low of $34.88 and a 52-week high of $61.59. The company has a market capitalization of $34.24 billion and a P/E ratio of 15.45. The company has a 50-day moving average price of $41.19 and a 200 day moving average price of $46.58.

Las Vegas Sands Corp. (NYSE:LVS) last issued its earnings results on Wednesday, January 27th. The casino operator reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by $0.03. The business earned $2.86 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same period in the previous year, the business earned $0.92 earnings per share. The firm’s revenue was down 16.2% on a year-over-year basis. On average, analysts forecast that Las Vegas Sands Corp. will post $2.58 EPS for the current fiscal year.

Las Vegas Sands Corp. (NYSE:LVS) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Company’s properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

12 Month Chart for NYSE:LVS

Receive News & Ratings for Las Vegas Sands Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Las Vegas Sands Corp. and related companies with MarketBeat.com's FREE daily email newsletter.