PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of Live Nation Entertainment, Inc. (NYSE:LYV – Free Report) by 9.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,903 shares of the company’s stock after purchasing an additional 3,200 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Live Nation Entertainment were worth $6,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also modified their holdings of LYV. Assenagon Asset Management S.A. raised its position in Live Nation Entertainment by 42.3% during the second quarter. Assenagon Asset Management S.A. now owns 106,037 shares of the company’s stock valued at $19,416,000 after acquiring an additional 31,540 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Live Nation Entertainment by 12.1% during the 2nd quarter. GAMMA Investing LLC now owns 8,357 shares of the company’s stock valued at $1,530,000 after purchasing an additional 903 shares in the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of Live Nation Entertainment by 55.7% in the 2nd quarter. Harbor Investment Advisory LLC now owns 1,401 shares of the company’s stock valued at $257,000 after purchasing an additional 501 shares during the period. Burkett Financial Services LLC purchased a new stake in Live Nation Entertainment during the second quarter worth $26,000. Finally, CX Institutional grew its position in Live Nation Entertainment by 4.2% during the second quarter. CX Institutional now owns 3,933 shares of the company’s stock valued at $720,000 after buying an additional 157 shares during the period. Hedge funds and other institutional investors own 74.52% of the company’s stock.
Live Nation Entertainment Trading Down 0.7%
Shares of Live Nation Entertainment stock opened at $180.52 on Friday. The stock has a 50 day moving average of $176.56 and a 200 day moving average of $163.55. The company has a debt-to-equity ratio of 8.25, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market capitalization of $42.54 billion, a price-to-earnings ratio of -159.76 and a beta of 1.12. Live Nation Entertainment, Inc. has a fifty-two week low of $125.34 and a fifty-two week high of $188.00.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on LYV. Guggenheim increased their target price on shares of Live Nation Entertainment from $197.00 to $218.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. TD Cowen reiterated a “buy” rating on shares of Live Nation Entertainment in a research report on Monday, August 3rd. Wall Street Zen raised Live Nation Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $205.00 price objective on shares of Live Nation Entertainment in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. upped their price target on Live Nation Entertainment from $180.00 to $205.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Twenty equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $197.19.
Get Our Latest Stock Analysis on Live Nation Entertainment
Live Nation Entertainment 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.
Read More
- Five stocks we like better than Live Nation Entertainment
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Want to see what other hedge funds are holding LYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Live Nation Entertainment, Inc. (NYSE:LYV – Free Report).
Receive News & Ratings for Live Nation Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Live Nation Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
