Capital World Investors Purchases 237,342 Shares of Live Nation Entertainment, Inc. $LYV

Capital World Investors increased its position in Live Nation Entertainment, Inc. (NYSE:LYV) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,145,834 shares of the company’s stock after purchasing an additional 237,342 shares during the quarter. Capital World Investors owned approximately 2.19% of Live Nation Entertainment worth $840,829,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Causeway Capital Management LLC raised its stake in Live Nation Entertainment by 5.9% in the 3rd quarter. Causeway Capital Management LLC now owns 232,404 shares of the company’s stock valued at $37,975,000 after acquiring an additional 12,947 shares during the period. Capital International Investors increased its holdings in shares of Live Nation Entertainment by 0.6% in the third quarter. Capital International Investors now owns 262,657 shares of the company’s stock valued at $42,918,000 after purchasing an additional 1,681 shares during the last quarter. Legal & General Group Plc raised its position in shares of Live Nation Entertainment by 4.5% in the third quarter. Legal & General Group Plc now owns 824,118 shares of the company’s stock valued at $134,661,000 after purchasing an additional 35,687 shares during the period. Banque Cantonale Vaudoise lifted its stake in shares of Live Nation Entertainment by 24.8% during the 3rd quarter. Banque Cantonale Vaudoise now owns 3,102 shares of the company’s stock worth $507,000 after buying an additional 616 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Live Nation Entertainment by 33.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 449,773 shares of the company’s stock worth $73,527,000 after buying an additional 112,028 shares during the period. 74.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LYV has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Live Nation Entertainment from $160.00 to $180.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. The Goldman Sachs Group reiterated a “buy” rating and set a $175.00 target price on shares of Live Nation Entertainment in a research note on Friday, February 20th. Rothschild & Co Redburn raised Live Nation Entertainment from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $166.00 to $193.00 in a report on Friday, February 27th. JPMorgan Chase & Co. upped their price objective on Live Nation Entertainment from $170.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Finally, Wells Fargo & Company started coverage on Live Nation Entertainment in a report on Wednesday, February 25th. They set an “overweight” rating and a $204.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Live Nation Entertainment has an average rating of “Moderate Buy” and a consensus target price of $183.65.

Trending Headlines about Live Nation Entertainment

Here are the key news stories impacting Live Nation Entertainment this week:

• Positive Sentiment: Settlement with DOJ avoids forced breakup of Ticketmaster, removing the most severe immediate existential risk to Live Nation’s core business — a clear positive driver for investor sentiment. LIVE NATION ENTERTAINMENT REACHES SETTLEMENT WITH U.S. DEPARTMENT OF JUSTICE
• Neutral Sentiment: Settlement includes operational remedies — Ticketmaster must open parts of its platform to rivals, limits on long-term exclusivity, amphitheater divestitures and fee rules — which reduce regulatory overhang but create execution risk and could compress margins; final impact depends on implementation and judge approval. Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns
• Neutral Sentiment: Reported state payouts differ across outlets (roughly $200M in some reports, $280M in others); the cash cost is small relative to Live Nation’s market cap but still a headline expense and a near-term cash outflow to monitor. Live Nation settles with DOJ without fine in antitrust case; sets aside $280M for US states
• Negative Sentiment: Several state attorneys general objected and a judge ordered Live Nation and state AGs to negotiate — states could pursue additional remedies or a separate deal, keeping legal uncertainty and potential incremental costs alive. Judge tells Live Nation, state AGs to negotiate potential deal
• Negative Sentiment: Political and public backlash — including criticism from Sen. Elizabeth Warren and a visibly frustrated judge — raises reputational and regulatory risk that could prompt closer oversight or future rule changes. Elizabeth Warren says Trump ‘betrayed’ fans exploited by Ticketmaster, slams DOJ’s Live Nation settlement
• Negative Sentiment: Market reaction is mixed: the DOJ settlement removed the breakup risk (initially lifting LYV), but lingering state negotiations, divestitures and operational mandates mean uncertainty remains until court approvals and state talks conclude. Reports of a Settlement with the DOJ Are Lifting Live Nation’s Stock

Live Nation Entertainment Trading Down 0.2%

NYSE LYV opened at $165.47 on Wednesday. The business’s fifty day moving average is $150.37 and its 200 day moving average is $150.33. Live Nation Entertainment, Inc. has a twelve month low of $112.88 and a twelve month high of $175.25. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 8.51. The company has a market cap of $38.85 billion, a price-to-earnings ratio of -689.45 and a beta of 1.11.

Live Nation Entertainment (NYSE:LYV) last announced its earnings results on Thursday, February 19th. The company reported ($1.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.00) by ($0.06). Live Nation Entertainment had a return on equity of 48.11% and a net margin of 1.79%.The company had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the prior year, the business earned $0.58 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. As a group, sell-side analysts expect that Live Nation Entertainment, Inc. will post 2.38 EPS for the current fiscal year.

Live Nation Entertainment Company Profile

Live Nation Entertainment is a global live entertainment company that promotes, operates and sells tickets for live events. The company’s core activities include concert promotion and production, venue operations and management, ticketing services through its Ticketmaster platform, artist management and development, and sponsorship and advertising services tied to live events. These integrated businesses are designed to connect artists, fans and commercial partners across the live event ecosystem.

The company in its current form was created following the 2010 merger of Live Nation and Ticketmaster, combining a promoter and venue operator with one of the industry’s largest ticketing platforms.