Las Vegas Sands (NYSE:LVS) Stock Price Down 4.2% - What's Next?
Las Vegas Sands (NYSE:LVS) shares dropped 4.2% to $46.84 after the company missed Q2 earnings and revenue expectations, reporting $0.59 EPS versus a $0.76 consensus. Despite mixed analyst ratings with an average "Hold" and $61.88 price target, the company declared a $0.30 quarterly dividend. Hedge funds have recently adjusted their positions in LVS, and institutional investors own 39.16% of the stock.
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Attributed market update with source link for portfolio context.