Jefferies Upgrades Las Vegas Sands: What You Need to Know
On January 3, 2025, Jefferies raised its rating for Las Vegas Sands (WBAG:LVSC) from Hold to Buy.
Fund Ownership Trends
Currently, 1,324 funds and institutions report having positions in Las Vegas Sands. This figure represents a decrease of 15 owners or 1.12% compared to the previous quarter. The average portfolio allocation for all funds invested in LVSC increased by 6.96% to 0.22%. Furthermore, total institutional shares have increased by 10.16% over the last three months, bringing the total to 437,275K shares.
Capital Research Global Investors now holds 46,520K shares, which is a 6.42% stake in the company. This reflects a significant increase as the firm previously reported ownership of 14,084K shares, marking a 69.73% rise. Their portfolio allocation in LVSC grew by an impressive 255.93% in the last quarter.
AGTHX – Growth Fund of America has increased its holdings to 16,429K shares, representing 2.27% ownership. In its last filing, this firm reported 2,990K shares, indicating an 81.80% increase. Their portfolio allocation in LVSC spiked by 287.49% over the previous quarter.
Investment Co of America (AIVSX) holds 15,745K shares, reflecting 2.17% ownership. This is up from 5,029K shares reported earlier, which is a jump of 68.06%. Their investment allocation has grown by 236.67% in the last quarter.
Price T Rowe Associates has 15,431K shares, or 2.13% ownership. This is a decrease from 17,280K shares, amounting to an 11.99% drop in ownership, with a corresponding 2.26% reduction in their portfolio allocation.
Fisher Asset Management reported holdings of 13,650K shares, equating to 1.88% ownership. Their previous holding was 16,339K shares, indicating a decline of 19.71% and a 10.48% decrease in portfolio allocation.
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This story originally appeared on Fintel.
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