In a recent review of Las Vegas Sands Corp. (NYSE:LVS), several investments were made by institutions such as Norden Group LLC, Commonwealth Equity Services LLC, and Wealth Enhancement Advisory Services LLC. The company received an average recommendation of 'Moderate Buy' from brokerages. Las Vegas Sands Corp. displayed a 46% Return On Equity (ROE), above the industry standard, and surpassed its Q1 2024 revenue forecasts. Van ECK Associates Corp and Los Angeles Capital Management LLC increased their stakes in the company.
However, the company's stock experienced multiple dips, underperforming the market. Despite these setbacks, Las Vegas Sands Corp. saw strong earnings results, particularly in the Macau and Singapore markets. The company recently issued $1.75 billion in notes to pay down looming debt maturities.
Investor sentiment on Las Vegas Sands Corp. varies, as Sumitomo Mitsui Trust Holdings Inc. and ARGA Investment Management LP raised their positions in the company, while some profited by selling their shares. It was also noted that Las Vegas Sands Corp.'s stock price has reason for concern, while others deemed it a valuable asset for long-term investments.
Las Vegas Sands Corp LVS News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 07 Jul 2024 16:59:21 GMT - Rating 2 - Innovation 4 - Information 6 - Rumor -4
