Live Nation Entertainment Inc (NYSE:LYV) Big Money Sentiment Falls in Q1 2018 to 0.95

June 29, 2018 - By Daniel Cummings

Live Nation Entertainment, Inc. (NYSE:LYV) Corporate Logo

Positions for Live Nation Entertainment Inc (NYSE:LYV)

“Big money sentiment for Live Nation Entertainment Inc (NYSE:LYV) in 2018 Q1 decreased to 0.95, SEC.gov filings reveal. That’s down -0.20, from 2017Q4’s 1.15. 145 active investment managers increased or opened new equity positions, while 153 sold and decreased their positions in Live Nation Entertainment Inc so the sentiment has worsened. Funds own 134.09 million shares, down from 136.81 million shares in 2017Q4. Funds holding Live Nation Entertainment Inc in top 10 decreased from 5 to 2 for a decrease of 3. 41 Investors Sold All; 112 Reduced Holdings; 98 increased holdings while 47 active investment managers bought holdings.

Significant Live Nation Entertainment Inc Shareholders

Yost Capital Management L.L.C. owns 756,520 shares in Live Nation Entertainment Inc as of 2018 Q1. Live Nation Entertainment Inc’s shareholder Valueworks Llc owns 139,395 shares as of 2018 Q1. Covey Capital Advisors Llc reported 44,377 shares. Baskin Financial Services Inc. revealed 336,861 shares position in Live Nation Entertainment Inc. The New York-based fund Junto Capital Management Lp holds 699,297 shares or 2.22% of their US equity exposure.

Live Nation Entertainment, Inc. operates as a live entertainment company.The company has $10.16 billion market cap. The firm operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation divisions.Currently it has negative earnings. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content.

Ticker’s shares touched $48.61 during the last trading session after 0.16% change.Live Nation Entertainment, Inc. has volume of 573,490 shares. Since June 29, 2017 LYV has risen 26.81% and is uptrending. LYV outperformed by 14.24% the S&P 500.

On August, 8 Live Nation Entertainment, Inc. (NYSE:LYV)’s earnings report is expected by WallStreet, Zacks reports. The earnings per share diference is $0.03 or 10.34 % down from last years number. Previous year: $0.29; Analysts forcast: $0.26. The profit will be $54.32M for LYV if $0.26 earnings per share becomes true. Analysts at Wall Street see Live Nation Entertainment, Inc.’s -208.33 % EPS growth compared to $-0.24 earnings per share for previous quarter.

Moreover, Louisiana State Employees Retirement has 0.07% invested in Live Nation Entertainment, Inc. (NYSE:LYV). Guggenheim Cap Ltd Llc reported 0.03% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV). Caisse De Depot Et Placement Du Quebec reported 0% stake. Element Capital Mngmt Limited Liability Corp holds 0.07% in Live Nation Entertainment, Inc. (NYSE:LYV) or 70,474 shs. Advisory Svcs Network Ltd Co invested 0% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV). Millennium Management Ltd Co invested 0% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV). M&T Savings Bank holds 0% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV) for 6,164 shs. Acadian Asset Mngmt Limited Liability Corporation has 0.3% invested in Live Nation Entertainment, Inc. (NYSE:LYV). Howe Rusling has 157 shs for 0% of their capital. Moreover, Advantus Capital Management has 0.02% invested in Live Nation Entertainment, Inc. (NYSE:LYV) for 16,610 shs. Laurion Capital Management L P holds 0.01% or 36,746 shs in its capital. D E Shaw reported 0% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV). Nj State Employees Deferred Compensation Plan accumulated 6,035 shs. Stifel Financial holds 0% of its capital in Live Nation Entertainment, Inc. (NYSE:LYV) for 24,195 shs. Us Bank De stated it has 0% in Live Nation Entertainment, Inc. (NYSE:LYV).

Live Nation Entertainment, Inc. had 2 selling transactions and 0 buys since June 6, 2018. This’s net activity of $296,966. On Wednesday, June 6 HINSON JEFFREY T. sold $98,978 worth of Live Nation Entertainment, Inc. (NYSE:LYV).

Live Nation Entertainment, Inc. (NYSE:LYV) Ratings Coverage

In total 4 analysts cover Live Nation Entertainment (NYSE:LYV). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 5 are the (NYSE:LYV)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. On Sunday, April 22 Northcoast upgraded the shares of LYV in report to “Buy” rating. On Wednesday, January 10 Guggenheim maintained Live Nation Entertainment, Inc. (NYSE:LYV) rating. Guggenheim has “Buy” rating and $48.0 target. On Wednesday, February 28 the rating was maintained by Guggenheim with “Buy”. On Monday, April 9 the stock has “Buy” rating by Citigroup. On Friday, May 4 the stock of Live Nation Entertainment, Inc. (NYSE:LYV) earned “Outperform” rating by Evercore.

For more Live Nation Entertainment, Inc. (NYSE:LYV) news announced recently go to: Globenewswire.com, Globenewswire.com, Streetinsider.com, Streetinsider.com or Prnewswire.com. The titles are as follows: “JUNE 18 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit …” announced on June 15, 2018, “Analysis: Positioning to Benefit within Cars, Iconix Brand Group, NRG Yield, Aramark, CBS, and Live Nation …” on June 13, 2018, “Sirius XM (SIRI) & Live Nation (LYV) Combination is Possible – Citi” with a publish date: June 22, 2018, “Live Nation (LYV) Announces Election of Dana Walden And Ping Fu to Board” and the last “Ticketmaster Helps Veterans Access Free And Discounted Live Event Tickets With Vet Tix Partnership” with publication date: June 21, 2018.

Live Nation Entertainment, Inc. (NYSE:LYV) Institutional Investors Chart

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