Strs Ohio Buys 43,667 Shares of Starz Entertainment Corp. $STRZ

Strs Ohio increased its stake in Starz Entertainment Corp. (NASDAQ:STRZ) by 1,955.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,900 shares of the company’s stock after purchasing an additional 43,667 shares during the period. Strs Ohio’s holdings in Starz Entertainment were worth $537,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. BNP Paribas Financial Markets increased its position in shares of Starz Entertainment by 101.8% in the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock worth $37,000 after purchasing an additional 1,274 shares during the period. Russell Investments Group Ltd. bought a new position in shares of Starz Entertainment in the second quarter worth $28,000. Harbor Capital Advisors Inc. increased its position in shares of Starz Entertainment by 9.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 23,107 shares of the company’s stock worth $270,000 after purchasing an additional 2,083 shares during the period. Advisory Services Network LLC bought a new position in shares of Starz Entertainment in the third quarter worth $36,000. Finally, Legal & General Group Plc bought a new position in shares of Starz Entertainment in the second quarter worth $41,000.

Insider Transactions at Starz Entertainment

In other Starz Entertainment news, major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares of Starz Entertainment stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $13.86, for a total value of $25,000,473.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 22.62% of the stock is currently owned by corporate insiders.

Starz Entertainment Stock Performance

Starz Entertainment stock opened at $19.79 on Friday. Starz Entertainment Corp. has a 12-month low of $8.40 and a 12-month high of $22.98. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $14.73 and its two-hundred day moving average price is $12.11. The stock has a market cap of $331.09 million and a PE ratio of -1.18.

Starz Entertainment News Summary

Here are the key news stories impacting Starz Entertainment this week:

• Positive Sentiment: Morgan Stanley raised its price target on Starz Entertainment to $21 from $20, signaling modest upside from current levels and reflecting ongoing analyst interest in the stock.
• Positive Sentiment: Starz reported positive operating cash flow, with management saying OTT revenue grew sequentially and that it is accelerating its margin-expansion timeline, now targeting 20% adjusted OIBDA margin by the second half of 2027, one year earlier than previously guided. Article Title
• Positive Sentiment: The company also announced new programming moves, including a premiere date for The Listeners and a new greenlit original, which could support subscriber engagement over time.
• Neutral Sentiment: Starz said it exited its pay-2 deal with Universal as it continues reviewing content spending, a strategic step aimed at improving economics but not an immediate revenue catalyst. Article Title
• Negative Sentiment: Q1 earnings missed expectations badly, with EPS of -$9.83 versus estimates of -$0.85, and revenue fell 7.2% year over year to $306.9 million, pressuring sentiment on the stock. Article Title
• Negative Sentiment: Streaming and linear revenue both declined, and the wider quarterly loss underscores that Starz is still working through subscriber and content-cost challenges despite its improved cash flow profile.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on STRZ. Weiss Ratings restated a “sell (d-)” rating on shares of Starz Entertainment in a research report on Friday, May 1st. Morgan Stanley lifted their target price on Starz Entertainment from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $29.00 target price on shares of Starz Entertainment in a research report on Friday. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $23.00.

Starz Entertainment Profile

Starz Entertainment (NASDAQ: STRZ) is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company’s core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.

At the heart of Starz Entertainment’s business is its investment in original content production.