Lions Gate Entertainment Corp. (NYSE:LGF)’s share price was up 3.2% on Thursday . The stock traded as high as $20.49 and last traded at $20.46, with a volume of 2,019,345 shares changing hands. The stock had previously closed at $19.82.

Several equities analysts recently weighed in on LGF shares. Barrington Research restated an “outperform” rating and issued a $28.00 price objective (down from $30.00) on shares of Lions Gate Entertainment Corp. in a report on Monday, April 11th. Stifel Nicolaus lowered shares of Lions Gate Entertainment Corp. from a “buy” rating to a “hold” rating in a report on Monday, March 21st. B. Riley restated a “buy” rating and issued a $30.00 price objective on shares of Lions Gate Entertainment Corp. in a report on Tuesday, July 5th. Cowen and Company cut their price objective on shares of Lions Gate Entertainment Corp. to $22.00 and set a “market perform” rating on the stock in a report on Monday, March 21st. Finally, Argus reiterated a “buy” rating on shares of Lions Gate Entertainment Corp. in a report on Saturday, July 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $30.02.

The company’s 50-day moving average price is $20.98 and its 200 day moving average price is $22.38. The stock has a market capitalization of $2.95 billion and a P/E ratio of 60.82.

Lions Gate Entertainment Corp. (NYSE:LGF) last posted its quarterly earnings data on Wednesday, May 25th. The company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.29. The firm earned $791.20 million during the quarter, compared to the consensus estimate of $743 million. During the same period in the prior year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. On average, analysts expect that Lions Gate Entertainment Corp. will post $0.45 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 5th. Stockholders of record on Thursday, June 30th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, June 28th.

Other large investors have recently bought and sold shares of the company. Employees Retirement System of Texas purchased a new stake in Lions Gate Entertainment Corp. during the fourth quarter worth approximately $1,879,000. Dimensional Fund Advisors LP increased its position in Lions Gate Entertainment Corp. by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 480,533 shares of the company’s stock worth $15,564,000 after buying an additional 12,524 shares during the last quarter. I.G. Investment Management LTD. increased its position in Lions Gate Entertainment Corp. by 3.4% in the fourth quarter. I.G. Investment Management LTD. now owns 96,582 shares of the company’s stock worth $3,128,000 after buying an additional 3,176 shares during the last quarter. UBS Oconnor LLC increased its position in Lions Gate Entertainment Corp. by 24.1% in the fourth quarter. UBS Oconnor LLC now owns 671,958 shares of the company’s stock worth $21,765,000 after buying an additional 130,511 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D increased its position in Lions Gate Entertainment Corp. by 1,071.4% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,640,000 shares of the company’s stock worth $53,120,000 after buying an additional 1,500,000 shares during the last quarter.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, channel platforms and international distribution and sales. The Company operates through two segments: Motion Pictures and Television Production.

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