Las Vegas Sands shares rose 6.2% this afternoon to a price of $51.39. The stock is still trading within range of its average target price of $53.4, and over the last 52 weeks, it has recorded a 5.6% performance. Analysts have given the Large-Cap Lodging stock target prices ranging from $44.0 to $70.0 dollars per share, with an average rating of buy.
Las Vegas Sands's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.9%. The stock's short ratio is 2.4. The company's insiders own 52.58% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 47.4%. In conclusion, we believe there is positive market sentiment regarding Las Vegas Sands.
Institutions Invested in Las Vegas Sands
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 6% | 42,506,783 | $2,184,423,552 |
| 2024-06-30 | Blackrock Inc. | 4% | 28,001,415 | $1,438,992,699 |
| 2024-06-30 | Viking Global Investors, L.P. | 3% | 19,785,682 | $1,016,786,185 |
| 2024-06-30 | Price (T.Rowe) Associates Inc | 2% | 17,280,306 | $888,034,914 |
| 2024-06-30 | Fisher Asset Management, LLC | 2% | 16,339,497 | $839,686,740 |
| 2024-06-30 | State Street Corporation | 2% | 15,203,488 | $781,307,239 |
| 2024-06-30 | Capital Research Global Investors | 2% | 14,083,602 | $723,756,298 |
| 2024-06-30 | Bank Of New York Mellon Corporation | 2% | 11,351,573 | $583,357,329 |
| 2024-06-30 | Invesco Ltd. | 2% | 11,099,036 | $570,379,453 |
| 2024-06-30 | Geode Capital Management, LLC | 1% | 8,548,556 | $439,310,287 |
