According to GuruFocus updates, these stocks have declined the most since Gurus have bought
Las Vegas Sands Corp (LVS, Financial): Down 21% Since Ken Fisher (Trades, Portfolio) Bought In the Quarter Ended on June 30, 2014
Ken Fisher (Trades, Portfolio) initiated holdings in Gambling company Las Vegas Sands Corp (LVS) during the quarter ended June 30, 2014. His purchase prices were between $72.48 and $82.87, with an estimated average price of $76.07. Since then the prices of Las Vegas Sands Corp shares have declined by 21% from the estimated average. Ken Fisher (Trades, Portfolio) owned 2,680 shares of Las Vegas Sands Corp as of June 30, 2014.
Las Vegas Sands Corp. was incorporated as a Nevada corporation in August 2004. Las Vegas Sands Corp has a market cap of $48.11 billion; its shares were traded at around $60.10 with a P/E ratio of 18.50 and P/S ratio of 3.31. The dividend yield of Las Vegas Sands Corp stocks is 3.10%. Las Vegas Sands Corp had an annual average earnings growth of 11.90% over the past 10 years. GuruFocus rated Las Vegas Sands Corp the business predictability rank of 2.5-star.
Las Vegas Sands recently reported its second quarter 2014 financial results. Net revenue for the second quarter of 2014 increased 11.8% to reach $3.62 billion, compared to $3.24 billion in the second quarter of 2013. Consolidated adjusted property EBITDA increased 18.6% to reach $1.31 billion in the second quarter of 2014, compared to $1.11 billion in the year-ago quarter.
George Soros (Trades, Portfolio) bought 189,840 shares in the quarter that ended on 06/30/2014, which is 0.11% of the $13.27 billion portfolio of Soros Fund Management LLC. John Burbank (Trades, Portfolio) bought 2,722 shares in the quarter that ended on 06/30/2014, which is 0.0035% of the $5.9 billion portfolio of Passport Capital. Ken Fisher (Trades, Portfolio) bought 2,680 shares in the quarter that ended on 06/30/2014, which is 0.0004% of the $47.56 billion portfolio of Fisher Asset Management, LLC. Chris Shumway (Trades, Portfolio) sold out his holdings in the quarter that ended on 12/31/2010.
Pres. & COO - Venetian Casino John Caparella sold 22,840 shares of LVS stock on 06/27/2014 at the average price of 76.24. Caparella owns at least 15,680 shares after this. The price of the stock has decreased by 21.17% since.
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