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Rhumbline Advisers Has $38.88 Million Stake in Las Vegas Sands Corp. $LVS
Rhumbline Advisers has reduced its stake in Las Vegas Sands Corp. (LVS) by 6.3%, now holding 722,834 shares valued at $38.88 million. The company recently appointed Patrick Dumont as chairman and CEO, reported a strong earnings beat with Q4 EPS of $0.85 and revenue up 26%, and increased its quarterly dividend to $0.30. Despite insider sales totaling over $207 million in the last 90 days, analysts maintain a “Moderate Buy” rating with an average price target of $68.55.