California State Teachers Retirement System Reduces Position in Las Vegas Sands Corp. $LVS

Posted by Francis Steltz on Aug 2nd, 2026

California State Teachers Retirement System trimmed its position in Las Vegas Sands Corp. (NYSE:LVS – Free Report) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 510,866 shares of the casino operator’s stock after selling 12,762 shares during the quarter. California State Teachers Retirement System’s holdings in Las Vegas Sands were worth $27,525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LVS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Las Vegas Sands by 8.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,251 shares of the casino operator’s stock valued at $1,207,000 after purchasing an additional 2,418 shares during the period. Woodline Partners LP lifted its holdings in Las Vegas Sands by 38.9% in the 1st quarter. Woodline Partners LP now owns 29,032 shares of the casino operator’s stock worth $1,122,000 after buying an additional 8,132 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Las Vegas Sands by 91.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,146 shares of the casino operator’s stock worth $93,000 after buying an additional 1,027 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Las Vegas Sands in the 2nd quarter worth approximately $414,000. Finally, Cerity Partners LLC grew its position in shares of Las Vegas Sands by 70.0% in the 2nd quarter. Cerity Partners LLC now owns 17,595 shares of the casino operator’s stock worth $766,000 after buying an additional 7,243 shares during the last quarter. 39.16% of the stock is currently owned by institutional investors.

Las Vegas Sands Trading Down 1.7%

LVS opened at $49.02 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 15.27. Las Vegas Sands Corp. has a 52 week low of $44.21 and a 52 week high of $70.45. The stock has a market cap of $31.75 billion, a PE ratio of 19.07, a PEG ratio of 1.29 and a beta of 0.83. The business has a 50 day moving average of $48.13 and a 200-day moving average of $52.75.

Las Vegas Sands (NYSE:LVS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The casino operator reported $0.59 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.17). Las Vegas Sands had a net margin of 12.59% and a return on equity of 133.90%. The firm had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the prior year, the business posted $0.66 EPS. The business’s quarterly revenue was down .7% compared to the same quarter last year. Equities research analysts predict that Las Vegas Sands Corp. will post 3.12 earnings per share for the current fiscal year.

Las Vegas Sands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 12th. Investors of record on Tuesday, August 4th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, August 4th. Las Vegas Sands’s dividend payout ratio (DPR) is presently 46.69%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LVS shares. Zacks Research downgraded Las Vegas Sands from a “hold” rating to a “strong sell” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. cut their price target on shares of Las Vegas Sands from $64.00 to $60.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. The Goldman Sachs Group reduced their price objective on shares of Las Vegas Sands from $63.00 to $55.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Susquehanna decreased their price objective on shares of Las Vegas Sands from $64.00 to $63.00 and set a “positive” rating for the company in a report on Wednesday, July 22nd. Finally, Morgan Stanley dropped their target price on shares of Las Vegas Sands from $68.00 to $61.00 and set an “equal weight” rating for the company in a research report on Monday, July 27th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $61.88.

Get Our Latest Report on LVS

Las Vegas Sands Profile

(Free Report)

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.