Hennessy Advisors Inc. trimmed its position in live country leisure, Inc. (NYSE: LYV) by using 3.2% in the course of the third quarter, in step with the corporation in its maximum recent 13F filing with the SEC. The firm owned 76,200 shares of the organization’s stock after selling 2,500 shares all through the zone. Hennessy Advisors Inc.’s holdings in stay nation amusement were really worth $4,151,000 as of its maximum latest SEC submitting.
several different hedge funds have additionally currently changed their holdings of the organization. Canada pension plan investment Board raised its holdings in shares of live nation entertainment via 27.5% inside the 2nd area. Canada pension plan investment Board now owns 9,709,300 shares of the organization’s stock valued at $471,581,000 after buying a further 2,096,500 shares for the duration of the duration. select equity organization L.P. bought a new stake in stocks of stay country leisure in the 2nd quarter valued at about $216,729,000. Diamond Hill Capital Management Inc. raised its holdings in shares of live nation enjoyment by 12.0% in the second quarter. Diamond Hill Capital management Inc. now owns 1,068,020 stocks of the corporation’s stock worth $51,874,000 after purchasing an additional 114,281 shares during the period. Sterling Capital Management LLC raised its holdings in stocks of stay country amusement by 7.4% in the second quarter. Sterling Capital Management LLC now owns 1,053,819 shares of the corporation’s stock valued at $51,184,000 after purchasing a further73,061 stocks in the course of the period. ultimately, Stephens investment control group LLC raised its holdings in shares of live state leisure by using 18.7% in the 2nd quarter. Stephens funding control institution LLC now owns 852,369 stocks of the corporation’s stock valued at $41,502,000 after purchasing an additional 134,073 stocks throughout the period. 69.81% of the stock is currently owned by using institutional investors.
In other live nation entertainment news, Director Robert Ted Enloe III sold 7,000 stocks of the stock in a transaction that passed off on Friday, September 14th. The shares have been offered at an average price of $54.07, for a total transaction of $378,490.00. Following the transaction, the director now owns 17,508 stocks inside the employer, valued at approximately $946,657.56. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. also, CFO Elizabeth Kathleen Willard sold 20,000 shares of the inventory in a transaction that befell on Wednesday, August 8th. The stock changed into sold at an average price of $49.44, for a total transaction of $988,800.00. Following the transaction, the chief financial officer now owns 299,338 shares within the business enterprise, valued at approximately $14,799,270.72. The disclosure for this sale may be discovered right here. over the last 3 months, insiders offered 247,000 shares of organization stock well worth $12,186,490. Insiders personal 5.19% of the company’s stock.
LYV has been the topic of a number of research analyst reviews. ValuEngine raised shares of live nation entertainment from a “buy” rating to a “strong-buy” score in a report on Thursday, June 28th. JPMorgan Chase & Co. upped their goal price on shares of live nation entertainment from $51.00 to $53.00 and gave the company a “buy” rating in a report on Friday, July 27th. Goldman Sachs group upped their target price on stocks of stay nation enjoyment from $50.00 to $56.00 and gave the agency a “buy” score in a document on Tuesday, July 24th. BTIG research raised shares of stay nation entertainment from a “neutral” score to a “buy” rating and set a $60.00 target fee on the stock in a record on Tuesday, July 24th. finally, Citigroup reaffirmed a “buy” rating and issued a $56.00 target price (up from $45.00) on shares of live nation entertainment in a document on Thursday, June 28th. One equities studies analyst has rated the stock with a sell rating, one has issued a hold rating, 9 have assigned a buy rating and one has assigned a strong purchase rating to the company. The stock presently has an average rating of “buy” and a mean target price of $55.21.
live state entertainment stock opened at $49.50 on Friday. The stock has a marketplace capitalization of $11.39 billion, a price-to-profits ratio of -103.13 and a beta of 1.01. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.95. live nation entertainment, Inc. has a twelve month low of $35.94 and a twelve month high of $55.26.
live nation entertainment (NYSE: LYV) last released its quarterly profits results on Thursday, July 26th. The company reported $0.24 profits in keeping with a share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 through $0.05. The company had revenue of $2.87 billion for the quarter, compared to analysts’ expectancies of $2.eighty five billion. live nation amusement had a terrible net margin of zero.35% and a negative go back on equity of 2.49%. The business’s sales became up 1.6% on a 12 months-over-year basis. in the course of the same period within the prior year, the firm earned $0.29 EPS. As a group, equities analysts forecast that live nation entertainment, Inc. will post 0.01 earnings per share for the modern fiscal year.
live nation entertainment Profile
stay nation enjoyment, Inc operates as a live entertainment company. It operates through concert events, Sponsorship & advertising and marketing, and Ticketing segments. The concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages song venues, and produces music festivals and creates related content.
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