Avantax Advisory Services Inc. Buys New Position in Las Vegas Sands Corp. (NYSE:LVS)

Author: Live Casino Direct
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Avantax Advisory Services Inc. bought a new stake in Las Vegas Sands Corp. (NYSE:LVS) during the first quarter. The firm bought 6,965 shares of the casino operator’s stock, valued at approximately $269,000. Mizuho Securities Co. Ltd. purchased a position in shares. of Las Las Vegas Sands during first half worth approximately$39,500. Desjardins Global Asset Management Inc purchased position worth $40,00. Confluence Wealth Services Ltd purchased $39.00 position. Bessemer Group Inc raised its stake by 54.7% in fourth quarter and now owns 1,142 shares in the company. First Horizon Advisors Inc grew its holdings in share by 140.2% during fourth month.

Las Vegas Sands Corp. (LVS) last announced its earnings results on Wednesday, July 20th. The casino operator reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($.23) by ($ 0.11). The business had revenue of $1.05 billion for that quarter. Las Vegas Sates Corp had a net margin of 46.40% and a negative return on equity of 33.07%.

LVS has been the topic of several recent analyst reports. StockNews.com upgraded shares of Las Vegas Sands to a “sell” rating in a report on May 10th. Barclays began coverage on shares Las Las Sands in an analyst report. Deutsche Bank Aktiengesellschaft cut their price target on LasLas Sands from $53.00 to $50.000 in Tuesday. JPMorgan Chase & Co. cut the price of shares LVS from $46. 00 to $42.50 in Wednesday's report, and set an ‘overweight’ rating on the stock. UBS Group set a $42 price objective on LLasVegas Sands. LlasVega Sands has a consensus rating of ”Moderate Buy“ and an average target price of $47.46, according to MarketBeat.

Las Vegas Sands Corp. develops, owns and operates integrated resorts in Asia and the United States. It owns The Venetian Macao Resort Hotel, The Parisian Hotel Macau, Plaza Macaus, Four Seasons Hotel and Marina Bay Sands in Singapore.

Avantax Advisory Services Inc. Buys New Position in Las Vegas Sands Corp. (NYSE:LVS).