Comerica Bank Sells 5,069 Shares of Las Vegas Sands Corp. (NYSE:LVS)

Author: Live Casino Direct
Wild Casino

Comerica Bank lowered its position in Las Vegas Sands Corp. (NYSE:LVS) by 14.8% in the 1st quarter. The firm owned 29,227 shares of the casino operator’s stock after selling 5,069 shares during the quarter, whereas it owned 30,823 shares at the end of last quarter and it had a market value of $1,125,000. Capital World Investors lifted its stake in shares Las Las Sands by 74.1% during 4th quarter; State Street Corp increased its holdings by 3.4% and now owns 13,504,621 shares. Barrow Hanley Mewhinney & Strauss LLC increased it's stake by 15.7% to 8,800,528 shares in 4ths. Invesco Ltd. increased her stake to 2.70% as well.

Las Vegas Sands Corp. (NASDAQ:LVS) last posted its quarterly earnings results on Wednesday, July 20th. The casino operator reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($.29) by ($ 0.05). The company had revenue of $1.5 billion for that quarter.

Comerica Bank sold 5,069 shares of Las Vegas Sands Corp. (NYSE:LVS) on Thursday. Stifel Nicolaus boosted their target price on Las Las Sands from $46.00 to $50.000. Wells Fargo & Company raised Las las Sands to an overweight rating and upped their price target for the company from $43. 00 to $45.

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.