Las Vegas Sands Corp (LVS) Holder First Foundation Advisors Has Lowered Holding as Market Value Rose

February 15, 2018 - By reb123z

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.33, from 1.03 in 2017Q2. It improved, as 36 investors sold LVS shares while 141 reduced holdings. 69 funds opened positions while 172 raised stakes. 284.19 million shares or 2.24% less from 290.72 million shares in 2017Q2 were reported. Moreover, Horizon Kinetics Ltd Liability Co has 0.33% invested in Las Vegas Sands Corp. (NYSE:LVS) for 176,436 shares. First Foundation Advsrs owns 0.47% invested in Las Vegas Sands Corp. (NYSE:LVS) for 130,306 shares. Cadence Ltd Limited Liability Company has invested 0.17% in Las Vegas Sands Corp. (NYSE:LVS). Utah Retirement Systems invested in 66,296 shares or 0.1% of the stock. 110,176 were reported by Banque Pictet & Cie Sa. American Natl Ins Communication Tx accumulated 0.09% or 28,025 shares. Tcw Group Inc has invested 0.01% in Las Vegas Sands Corp. (NYSE:LVS). Ontario – Canada-based Kj Harrison Prtn has invested 0.23% in Las Vegas Sands Corp. (NYSE:LVS). Sandhill Cap Ltd owns 229,228 shares. Panagora Asset Mgmt reported 0.11% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Bank & Trust Of America De has 3.23M shares. Riverpark Capital Management Limited Liability reported 403,515 shares or 3.37% of all its holdings. Moreover, Suntrust Banks Inc has 0.01% invested in Las Vegas Sands Corp. (NYSE:LVS) for 41,059 shares. Stevens Capital Mngmt Lp holds 112,986 shares. 52,875 were reported by Scholtz & Limited Liability Co.

First Foundation Advisors decreased its stake in Las Vegas Sands Corp (LVS) by 77.53% based on its latest 2017Q3 regulatory filing with the SEC. First Foundation Advisors sold 449,621 shares as the company’s stock rose 9.11% with the market. The hedge fund held 130,306 shares of the hotels and resorts company at the end of 2017Q3, valued at $8.36M, down from 579,927 at the end of the previous reported quarter. First Foundation Advisors who had been investing in Las Vegas Sands Corp for a number of months, seems to be less bullish one the $59.29B market cap company. The stock increased 0.74% or $0.55 during the last trading session, reaching $75. About 1.40M shares traded. Las Vegas Sands Corp. (NYSE:LVS) has risen 28.09% since February 15, 2017 and is uptrending. It has outperformed by 11.39% the S&P500.

First Foundation Advisors, which manages about $3.20 billion and $1.76B US Long portfolio, upped its stake in United Parcel Service Inc (NYSE:UPS) by 97,772 shares to 575,101 shares, valued at $69.06 million in 2017Q3, according to the filing. It also increased its holding in Walt Disney Co (NYSE:DIS) by 121,403 shares in the quarter, for a total of 294,533 shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Bloomberg.com which released: “Las Vegas Sands Profit Surges on Continuing Macau Rebound” on January 24, 2018, also Nasdaq.com with their article: “Earnings Reaction History: Las Vegas Sands Corp., 41.7% Follow-Through …” published on January 24, 2018, Nasdaq.com published: “Is Las Vegas Sands (LVS) Poised for a Beat in Q4 Earnings?” on January 23, 2018. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) were released by: Seekingalpha.com and their article: “All kinds of bets on Wynn Resorts” published on February 09, 2018 as well as Fool.com‘s news article titled: “Here’s Where Things Went Wrong for Las Vegas Sands Corp. in 2017” with publication date: January 21, 2018.

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

Among 23 analysts covering Las Vegas Sands (NYSE:LVS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Las Vegas Sands had 60 analyst reports since July 23, 2015 according to SRatingsIntel. Roth Capital maintained the shares of LVS in report on Thursday, January 25 with “Buy” rating. Deutsche Bank maintained the stock with “Hold” rating in Thursday, October 26 report. Stifel Nicolaus maintained the shares of LVS in report on Friday, September 1 with “Buy” rating. The firm earned “Equal-Weight” rating on Tuesday, October 27 by Barclays Capital. The rating was upgraded by Argus Research on Wednesday, September 14 to “Buy”. The firm earned “Market Perform” rating on Thursday, January 28 by Telsey Advisory Group. The firm earned “Buy” rating on Monday, May 1 by Susquehanna. Stifel Nicolaus maintained the shares of LVS in report on Thursday, January 26 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, August 18 by Goldman Sachs. The firm has “Buy” rating given on Thursday, April 21 by Stifel Nicolaus.

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