Resona Asset Management Co. Ltd. Cuts Stock Position in Las Vegas Sands Corp. $LVS

Posted by George Bondi on May 23rd, 2026

Resona Asset Management Co. Ltd. lowered its holdings in Las Vegas Sands Corp. (NYSE:LVS – Free Report) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,762 shares of the casino operator’s stock after selling 18,438 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Las Vegas Sands were worth $5,981,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of LVS. Allianz Asset Management GmbH grew its stake in shares of Las Vegas Sands by 358.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 227,278 shares of the casino operator’s stock worth $12,225,000 after acquiring an additional 177,695 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Las Vegas Sands by 40.6% during the 4th quarter. Wealthfront Advisers LLC now owns 67,446 shares of the casino operator’s stock worth $4,390,000 after acquiring an additional 19,488 shares during the period. Perpetual Ltd bought a new position in shares of Las Vegas Sands during the 4th quarter worth $2,051,000. SG Americas Securities LLC grew its stake in shares of Las Vegas Sands by 2,655.3% during the 4th quarter. SG Americas Securities LLC now owns 878,022 shares of the casino operator’s stock worth $57,150,000 after acquiring an additional 846,155 shares during the period. Finally, Focus Partners Advisor Solutions LLC lifted its holdings in Las Vegas Sands by 293.5% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 27,061 shares of the casino operator’s stock worth $1,456,000 after purchasing an additional 20,184 shares in the last quarter. Hedge funds and other institutional investors own 39.16% of the company’s stock.

Las Vegas Sands Price Performance

Shares of Las Vegas Sands stock opened at $49.38 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 8.64. The firm has a market capitalization of $32.72 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 1.12 and a beta of 0.85. The business’s 50-day moving average price is $53.49 and its 200-day moving average price is $58.82. Las Vegas Sands Corp. has a 12 month low of $39.36 and a 12 month high of $70.45.

Las Vegas Sands (NYSE:LVS – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The casino operator reported $0.91 EPS for the quarter, beating the consensus estimate of $0.76 by $0.15. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.32 billion. Las Vegas Sands had a return on equity of 118.27% and a net margin of 13.41%.The company’s revenue was up 25.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. Sell-side analysts forecast that Las Vegas Sands Corp. will post 3.38 EPS for the current fiscal year.

Las Vegas Sands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, May 5th. Las Vegas Sands’s dividend payout ratio (DPR) is presently 44.44%.

Insider Transactions at Las Vegas Sands

In related news, CEO Patrick Dumont sold 60,165 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $54.75, for a total transaction of $3,294,033.75. Following the transaction, the chief executive officer directly owned 511,942 shares in the company, valued at $28,028,824.50. This trade represents a 10.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Argus dropped their price objective on Las Vegas Sands from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Citigroup increased their price objective on Las Vegas Sands from $76.75 to $78.50 and gave the stock a “buy” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wells Fargo & Company decreased their target price on Las Vegas Sands from $68.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Finally, Jefferies Financial Group upped their target price on Las Vegas Sands from $61.00 to $63.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Eleven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $68.28.

Check Out Our Latest Stock 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.