Premier Fund Managers Ltd Decreases Stake in Live Nation Entertainment, Inc. $LYV

Premier Fund Managers Ltd lowered its position in Live Nation Entertainment, Inc. (NYSE:LYV) by 45.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 164,999 shares of the company’s stock after selling 136,716 shares during the quarter. Premier Fund Managers Ltd’s holdings in Live Nation Entertainment were worth $23,795,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. K.J. Harrison & Partners Inc increased its holdings in Live Nation Entertainment by 158.7% in the 4th quarter. K.J. Harrison & Partners Inc now owns 8,150 shares of the company’s stock worth $1,161,000 after acquiring an additional 5,000 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Live Nation Entertainment by 5.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 336,674 shares of the company’s stock worth $48,922,000 after acquiring an additional 16,729 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Live Nation Entertainment by 2.2% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,012 shares of the company’s stock worth $3,849,000 after acquiring an additional 571 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Live Nation Entertainment by 10.3% in the 4th quarter. Principal Financial Group Inc. now owns 10,727,681 shares of the company’s stock worth $1,528,700,000 after acquiring an additional 1,001,905 shares during the last quarter. Finally, WT Wealth Management increased its holdings in Live Nation Entertainment by 12.9% in the 4th quarter. WT Wealth Management now owns 12,107 shares of the company’s stock worth $1,725,000 after acquiring an additional 1,379 shares during the last quarter. Hedge funds and other institutional investors own 74.52% of the company’s stock.

Insider Activity at Live Nation Entertainment

In other news, Director Jeffrey T. Hinson sold 944 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $165.87, for a total transaction of $156,581.28. Following the completion of the transaction, the director owned 48,030 shares of the company’s stock, valued at approximately $7,966,736.10. The trade was a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.89% of the company’s stock.

Live Nation Entertainment Stock Up 6.5%

LYV stock opened at $167.49 on Thursday. 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 firm has a market capitalization of $39.38 billion, a PE ratio of -94.63 and a beta of 1.11. Live Nation Entertainment, Inc. has a twelve month low of $125.34 and a twelve month high of $175.25. The stock has a 50-day simple moving average of $157.37 and a two-hundred day simple moving average of $148.63.

Live Nation Entertainment (NYSE:LYV) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($1.85) EPS for the quarter, missing the consensus estimate of ($0.35) by ($1.50). Live Nation Entertainment had a return on equity of 40.06% and a net margin of 0.15%.The business had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.57 billion. During the same period in the previous year, the firm posted ($0.32) EPS. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities analysts predict that Live Nation Entertainment, Inc. will post 1.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LYV. Susquehanna lifted their price objective on Live Nation Entertainment from $180.00 to $181.00 in a report on Wednesday. Wolfe Research lifted their target price on Live Nation Entertainment from $205.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, April 13th. Citizens Jmp assumed coverage on Live Nation Entertainment in a report on Monday, March 30th. They set a “market outperform” rating and a $190.00 target price for the company. Moffett Nathanson reduced their target price on Live Nation Entertainment from $185.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Live Nation Entertainment in a report on Monday, March 9th. Twenty investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $187.40.

Trending Headlines about Live Nation Entertainment

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

• Positive Sentiment: JPMorgan raised its price target and issued an “overweight” rating, boosting confidence in LYV’s outlook; separate coverage also notes a positive forecast from JPMorgan. JPMorgan Forecast
• Positive Sentiment: Goldman Sachs and Susquehanna raised price targets (Goldman to $192, Susquehanna to $181), signaling analyst conviction in continued revenue and ticket-revenue momentum. Goldman Sachs Susquehanna
• Positive Sentiment: Evercore ISI maintained its Buy rating, adding to analyst support that is propping up the stock despite the EPS miss. Evercore ISI
• Neutral Sentiment: Q1 revenue of $3.79B beat estimates and rose ~12% YoY, reflecting steady ticket demand and venue expansion — a core positive for long-term growth even as near-term profitability was hit. PR Newswire Q1 Release
• Negative Sentiment: EPS missed badly: the company reported a large ($1.85) loss per share (vs. consensus ~($0.35)), driven by a ~$450M legal charge and related fees — a material headwind to near-term profitability. MarketBeat Earnings
• Negative Sentiment: Coverage highlights ongoing legal and class-action risks (including ticket-fee litigation and the sizable legal charge), which could dampen sentiment if litigation expenses persist. Class Action Story
• Neutral Sentiment: Analyst activity is driving today’s move — multiple firms adjusted targets (Wells Fargo trimmed its target but kept an overweight stance), and commentators note investors are focusing on revenue strength and long-term demand vs. a one-time charge. Benzinga Coverage MSN

About Live Nation Entertainment

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.