Versor Investments LP and
Los Angeles Capital Management LLC has initiated new investments in
Las Vegas Sands Corp.; additionally, the
Bank of New York Mellon Corp,
Principal Financial Group Inc.,
New York State Common Retirement Fund,
World Equity Group Inc.,
Calamos Advisors LLC, and
Van ECK Associates Corp have increased their positions in the company. The company released its
Q4 2024 earnings showcasing strong growth in
Macau, however, an EPS miss caused some concerns. Remarkably, Sands topped
Ken Fisher’s top high growth stocks. There have been some share sales by insiders, such as
Tobam and
Rhumbline Advisers.
Morgan Stanley reduced Las Vegas Sands' price target to
$49.00. It's also revealed that Sands managed to secure a significant
$8.98 billion credit facility. Dividend increased to $0.25, larger than last year. The company announced plans for
broad expansion, notably in
Marina Bay Sands, with strong support in Singapore. A noticeable impact was made with a
$350K investment in a groundbreaking
Hispanic Education Initiative. Despite some bearish analyst outlooks, it continues to be viewed as a valuable long-term investment.
Las Vegas Sands Corp LVS News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 10:14:59 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor -5
