FourThought Financial Partners LLC Acquires New Stake in Lionsgate Studios Corp. $LION

FourThought Financial Partners LLC acquired a new stake in shares of Lionsgate Studios Corp. (NYSE:LIONFree Report) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 103,393 shares of the company’s stock, valued at approximately $944,000.

A number of other large investors have also made changes to their positions in LION. Osaic Holdings Inc. boosted its stake in shares of Lionsgate Studios by 4,852.0% during the second quarter. Osaic Holdings Inc. now owns 4,952 shares of the company’s stock valued at $29,000 after acquiring an additional 4,852 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Lionsgate Studios by 99.3% during the fourth quarter. GAMMA Investing LLC now owns 3,559 shares of the company’s stock valued at $32,000 after acquiring an additional 1,773 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of Lionsgate Studios during the third quarter valued at $38,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Lionsgate Studios during the fourth quarter valued at $55,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Lionsgate Studios by 4,457.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,970 shares of the company’s stock valued at $55,000 after acquiring an additional 5,839 shares during the last quarter.

More Lionsgate Studios News

Here are the key news stories impacting Lionsgate Studios this week:

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Robert W. Baird increased their price objective on Lionsgate Studios from $14.00 to $16.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Wall Street Zen lowered Lionsgate Studios from a “hold” rating to a “sell” rating in a research note on Sunday, April 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lionsgate Studios in a research note on Tuesday, April 21st. Morgan Stanley raised their price target on Lionsgate Studios from $11.00 to $14.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Wells Fargo & Company raised their price target on Lionsgate Studios from $9.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.12.

Check Out Our Latest Analysis on LION

Lionsgate Studios Price Performance

Lionsgate Studios stock opened at $12.89 on Friday. The stock’s 50-day moving average is $11.00 and its 200-day moving average is $9.32. The company has a market cap of $3.74 billion, a price-to-earnings ratio of -15.16 and a beta of 0.56. Lionsgate Studios Corp. has a 12 month low of $5.55 and a 12 month high of $13.03.

Lionsgate Studios Profile

(Free Report)

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.

See Also

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Institutional Ownership by Quarter for Lionsgate Studios (NYSE:LION)

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