Davidson Investment Advisors has accumulated $13.86 million in
Las Vegas Sands Corp. (LVS) holdings. LVS reported robust Q4 2024 earnings with strong Macau growth while its shares experienced substantial buying and selling activities. Various analysts believe LVS to be one of the best hotel stocks, bolstered by strong buyback activity. However, there are also insider stock sales, possibly signaling caution.
New York State Teachers Retirement System and
Rhumbline Advisers divested significant shares while
Avestar Capital LLC and
Sumitomo Mitsui Trust Group invested heavily in LVS. LVS missed Q4 2024 EPS forecast, leading to earnings estimates for the company slashed by Zacks research. Nevertheless, its dividends increased compared to the previous year. The company is amplifying its underwriting for the National Hispanic Institute's Las Vegas Program with a massive $350K investment, indicating its commitment to community initiatives. LVS continues to perform well despite market losses, with a positive outlook aided by China's stimulus package. The company also appointed
Mark Besca to its Board of directors.
Las Vegas Sands Corp LVS News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Fri, 21 Feb 2025 21:49:47 GMT -
Rating 3
- Innovation -2
- Information 5
- Rumor -1