Nicholas Investment Partners LP Decreased Las Vegas Sands Corp (LVS) Stake as Shares Rose

May 3, 2018 - By Madeline Delgado

Las Vegas Sands Corp. (NYSE:LVS) Corporate LogoBig Money Sentiment decreased to 1.1 in 2017 Q4. It has change of 0.26, from 2017Q3’s 1.36. The ratio worsened due to LVS positioning: 38 sold and 172 reduced. 78 funds bought positions and 154 increased positions. Investors holded 284.19 million in 2017Q3 but now own 287.76 million shares or 1.26% more. Los Angeles Capital Management Equity Research reported 0.23% stake. Fil Limited invested 0.01% in Las Vegas Sands Corp. (NYSE:LVS). Earnest Partners Ltd Liability Co has invested 0% of its capital in Las Vegas Sands Corp. (NYSE:LVS). 208,536 were accumulated by Bluemountain Ltd. Patten Gru Incorporated accumulated 0% or 100 shs. Pictet Asset invested in 1.04M shs or 0.19% of the stock. Teachers Insur And Annuity Association Of America owns 74,800 shs for 0.27% of their capital. Engineers Gate Manager Limited Partnership owns 0.27% invested in Las Vegas Sands Corp. (NYSE:LVS) for 57,242 shs. Moreover, Gradient Ltd Com has 0.47% invested in Las Vegas Sands Corp. (NYSE:LVS) for 118,291 shs. Riverpark Advsrs Limited Company holds 0.51% or 51,116 shs in its capital. 81 are held by Dubuque Natl Bank. Sumitomo Mitsui Tru has 1.23M shs. Wolverine Asset Mngmt Ltd Liability Com has 0% invested in Las Vegas Sands Corp. (NYSE:LVS) for 129 shs. Arrowgrass Capital Prns (Us) Limited Partnership has 1,284 shs for 0% of their capital. Raymond James & Associates, Florida-based fund reported 232,141 shs.

LVS registered $2.98 million net activity with 0 insider buys and 1 sale since March 13, 2018.

According to 2017Q4 SEC filling the Nicholas Investment Partners Lp decreased its holdings in Las Vegas Sands Corp (LVS) by 11.11%. By selling 250,000 shares Nicholas Investment Partners Lp made the stock popped up with 2.75%. The hotels and resorts company reported $138.98 million value for the 2017Q4. Now the institutional investor is holding 2.00 million shares, compared to the 2.25M from the previous quarter. $59.21 billion is Las Vegas Sands Corp’s market cap. LVS hit $75.03 during the last trading session after $0.22 change.Las Vegas Sands Corp. has volume of 1.25M shares. Since May 3, 2017 LVS has risen 26.54% and is uptrending. LVS outperformed the S&P 500 by 14.99%.

Nicholas Investment Partners Lp rose its stake in Caesars Entmt Corp (NASDAQ:CZR) by 1.50 million shares to 3.00 million shares, valued at $37.98 million in 2017Q4, according to the filing. It manages about $1.37B and $1.52B US Long portfolio. Nicholas Investment Partners Lp has risen its stake in Mgm Resorts International (NYSE:MGM) and also increased its holding in Western Alliance Bancorp (NYSE:WAL) by 264,614 shares in the quarter, for a total of 306,712 shares.

Las Vegas Sands Corp. (NYSE:LVS) Ratings Coverage

Total analysts of 9 have positions in Las Vegas Sands (NYSE:LVS) as follows: 5 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 56%. The firm has $88.0 highest while $72.0 is the lowest PT. The average target $82.38 is 9.80% above the last ($75.03) price. Since November 7, 2017 according to StockzIntelligence Inc Las Vegas Sands has 17 analyst reports. On Tuesday, March 27 the stock of Las Vegas Sands Corp. (NYSE:LVS) has “Overweight” rating given by Morgan Stanley. On Thursday, February 8 the rating was maintained by Susquehanna with “Buy”. On Thursday, April 19 the stock of Las Vegas Sands Corp. (NYSE:LVS) has “Overweight” rating given by Morgan Stanley. On Wednesday, January 24 the rating was maintained by Bank of America with “Buy”. On Thursday, April 26 the firm has “Neutral” rating given by JP Morgan. On Thursday, January 25 the company was maintained by Roth Capital. The stock rating was maintained by JP Morgan with “Neutral” on Thursday, January 25. In Thursday, April 26 report Jefferies maintained it with “Hold” rating and $8100 target. In Thursday, January 25 report Stifel Nicolaus maintained it with “Buy” rating and $88.0 target. On Thursday, March 15 the stock of Las Vegas Sands Corp. (NYSE:LVS) has “Overweight” rating given by Morgan Stanley.

Las Vegas Sands Corp. (NYSE:LVS) Institutional Investors Chart

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