Truist Financial Corp Raises Stock Position in Las Vegas Sands Corp. (NYSE:LVS)

Author: Live Casino Direct
Super Slots

Truist Financial Corp raised its stake in Las Vegas Sands Corp. (NYSE:LVS) by 35.4% during the first quarter. The firm owned 23,805 shares of the casino operator’s stock after purchasing an additional 6,229 shares during that period. Capital World Investors increased its position in LVS by 74.1% in the 4th quarter and now owns 34,255,198 shares. Barrow Hanley Mewhinney & Strauss LLC increased their position by 15.8% and owns 8,835,528 shares now. Bank of Montreal Can grew its positions in shares L VS by 138.0%. Korea Investment CORP grew it's position with 1,019,100 shares and bought 909,800 shares in 4ths. ARGA Investment Management LP grew her position. with 610,670 shares worth $22,986,000.

Truist Financial Corp. buys a new position in Las Vegas Sands Corp (NYSE:LVS). LVS opened at $38.99 on Friday. The company has a market capitalization of $29.79 billion, a P/E ratio of 17.10 and a beta of 1.24. Las Las Sands reported ($0.34) earnings per share for the quarter, missing the consensus estimate by ($.05). The firm had revenue of ($949.40 million) for that quarter.

Truist Financial Corp Raises Stock Position in Las Vegas Sands Corp. (NYSE:LVS). Analysts set new price targets for the company. LVS has been the topic of a number of recent research reports. Citigroup upped their target price on shares of Las Las Sands from $56.00 to $58.000 and gave the stock a “buy” rating. Deutsche Bank Aktiengesellschaft reduced their price objective on LasLas Sands to $50.

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.