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Las Vegas Sands Corp LVS - News Analyzed: 4,080 - Last Week: 99 - Last Month: 396

⇗ Investment Activities Surge Despite Mixed Financial Performance at Las Vegas Sands Corp LVS

Investment Activities Surge Despite Mixed Financial Performance at Las Vegas Sands Corp LVS
Las Vegas Sands Corp (LVS) has experienced a series of interesting investment activities. Notably, Savant Capital LLC invested $227,000 and Kestra Private Wealth Services LLC trimmed its stock position. Federated Hermes Inc. and Swiss National Bank both increased their position in the firm. Following the issuance of US$1.75 billion in notes to tackle impending debt maturity, LVS reported its First Quarter 2024 Results and underperformed in the stock market. Despite overall underperformance, several trading days witnessed a rise in the LVS stock. New York Life Investment Management LLC and Van ECK Associates Corp significantly added to their stock positions. However, Vontobel Holding Ltd. and California Public Employees Retirement System reduced their stake. Overall Q1 2024 revenues beat estimates, while Q4 earnings lagged. Increased institutions backing of 38%, and an early upside move may signal future gains for LVS. Despite recent construction issues, the company's Macau operations are showing signs of recovery. An intrinsic calculation suggests LVS is 38% undervalued.

Las Vegas Sands Corp LVS News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Wed, 08 May 2024 13:21:05 GMT - Rating 5 - Innovation 0 - Information 8 - Rumor 0

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