Las Vegas Sands Corp (LVS) Shareholder First Foundation Advisors Trimmed Stake by $28.78 Million as Shares Rose

February 15, 2018 - By reb123z

Investors sentiment increased to 1.36 in 2017 Q3. 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. State Board Of Administration Of Florida Retirement Systems holds 0.09% or 539,337 shares in its portfolio. Shell Asset Mgmt Com holds 0.07% or 67,650 shares. Gateway Advisers Limited reported 67,679 shares. Massachusetts-based Fmr Ltd Llc has invested 0.07% in Las Vegas Sands Corp. (NYSE:LVS). Nippon Life Insur Com holds 0.02% or 17,984 shares. Millennium Management Ltd Company has 0.14% invested in Las Vegas Sands Corp. (NYSE:LVS) for 1.47 million shares. Principal Financial Group Inc reported 19,276 shares. Riverpark Capital Mgmt Llc reported 403,515 shares stake. Homrich & Berg invested 0.06% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Amundi Pioneer Asset Mngmt owns 102,491 shares. Connor Clark & Lunn Mngmt Ltd holds 0.01% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 15,450 shares. Cwm has 0.05% invested in Las Vegas Sands Corp. (NYSE:LVS) for 17,651 shares. Janney Montgomery Scott Ltd Company reported 86,867 shares or 0.06% of all its holdings. Moreover, Ngam Advsrs Lp has 0.01% invested in Las Vegas Sands Corp. (NYSE:LVS). First Foundation stated it has 0.47% in Las Vegas Sands Corp. (NYSE:LVS).

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 $3.20B and $1.76B US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 197,153 shares to 666,688 shares, valued at $113.92 million in 2017Q3, according to the filing. It also increased its holding in Allergan Plc by 46,431 shares in the quarter, for a total of 210,663 shares, and has risen its stake in Level 3 Communications Inc (NYSE:LVLT).

More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Reviewjournal.com which released: “Las Vegas gaming company boards below average in women members” on February 14, 2018, also Bloomberg.com with their article: “Las Vegas Sands Profit Surges on Continuing Macau Rebound” published on January 24, 2018, Nasdaq.com published: “Earnings Reaction History: Las Vegas Sands Corp., 41.7% Follow-Through …” on January 24, 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 Nasdaq.com‘s news article titled: “Is Las Vegas Sands (LVS) Poised for a Beat in Q4 Earnings?” with publication date: January 23, 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. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, January 26 report. JP Morgan maintained the shares of LVS in report on Thursday, January 25 with “Neutral” rating. The company was maintained on Thursday, January 25 by Roth Capital. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 8. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Thursday, October 22. Stifel Nicolaus has “Hold” rating and $60 target. Argus Research upgraded Las Vegas Sands Corp. (NYSE:LVS) on Wednesday, September 14 to “Buy” rating. The firm has “Positive” rating by Susquehanna given on Tuesday, January 26. The firm has “Sell” rating by Vetr given on Wednesday, August 12. Stifel Nicolaus maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Thursday, April 21. Stifel Nicolaus has “Buy” rating and $56 target. The rating was maintained by Susquehanna with “Buy” on Friday, January 19.

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