Live Nation (LYV) Holdings Lessened by Rhumbline Advisers

Live Nation CEO Michael Rapino

ValuEngine upgraded Live Nation from a "hold" rating to a "buy" rating in a research note on Monday, April 2nd. Zacks Investment Research downgraded shares of Live Nation from a "hold" rating to a "sell" rating in a report on Wednesday, May 9th. Macquarie Research maintained the shares of LYV in report on Wednesday, August 9 with "Buy" rating. Guggenheim reiterated a "buy" rating and issued a $53.00 price target on shares of Live Nation in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating to the company. (TSS) price hitting a mean target of $93.68 a share, meaning the stock still has potential that could lift the price another 8.56% Also, the recent close suggests the stock is underpriced by 15.89% compared to the most bullish target. (NYSE:LYV) rating on Friday, December 22. The company maintains price to book ratio of 1.18 vs.an industry average at 2.28. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company's profitability. Over the last 12 months, LYV's free cash flow per share is a positive 7.13, while that of ISR is negative -0.02. The company reported ($1.12) earnings per share for the quarter, missing the consensus estimate of ($1.08) by ($0.04). The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.32 billion.

The performance of Live Nation Entertainment, Inc. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue increasing by 19.30%. During the same quarter previous year, the company posted ($0.22) EPS.

Several other institutional investors and hedge funds have also made changes to their positions in LYV. The ratio dived, as 161 funds opened new or increased equity positions, while 140 trimmed and sold holdings in Live Nation Entertainment Inc. Great West Life Assurance Co. The Covey Capital Advisors Llc holds 61,477 shares with $2.62M value, down from 74,555 last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Live Nation by 5.1% during the fourth quarter. LLC now owns 4,239 shares of the company's stock valued at $180,000 after acquiring an additional 1,325 shares during the last quarter. Global X Management Co. LLC increased its holdings in shares of Live Nation by 45.5% in the 4th quarter. Renaissance Technologies LLC now owns 3,767,366 shares of the company's stock worth $160,377,000 after purchasing an additional 758,666 shares during the period. Finally, Bank of Hawaii bought a new position in Live Nation in the 4th quarter worth $298,000. The shares recently went up by 2.76% or $1.18 and now trades at $43.90.

Dr. Stacy Smith the Founder and Director of the Annenberg Inclusion Initiative at the University of Southern California
Dr. Stacy Smith Founder and Director of the Annenberg Inclusion Initiative at the University of Southern California

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased Live Nation Entertainment, Inc. It operates through Concerts, Sponsorship & Advertising, and Ticketing segments.

As Live Nation continues to strive for gender equity and diversity across our Concert business, we have found that there simply aren't enough female-founded festivals or female promoters to draw on.

Nadal powers into Rome third round
But in his Italian Open second round match today, the 31-year-old showed no nerves as he swept to a 5-0 lead in the first set. Nadal routed 31st-ranked Damir Dzumhur 6-1, 6-0, while Djokovic beat Georgian qualifier Nikoloz Basilashvili 6-4, 6-2.

JD Sports (LON:JD) Rating Setd by Peel Hunt
The market cap company was given GBX 1012.00 target price that suggests 6.10 % upside potential from the close price . The The Gap, Inc . exchanged hands with 7957831 shares compared to its average daily volume of 4.95M shares.

Christine and Frank Lampard expecting their first baby
If we were lucky enough it would be wonderful", the Loose Women panellist told new! magazine. The broadcaster married Chelsea legend Lampard in 2015.

Related:

Comments

Latest news

MS Dhoni Joined Birthday Celebration Of Suresh Raina's Daughter
Micheal Hussey and L Balaji are back on board with CSK, coaching the team from behind the lines. Bravo has been a dynamic cricketer and have performed around the world in T20 league.

German leader argues for preserving Iran deal
The Europeans and Iranians have tasked experts to come up with measures quickly and will meet again in Vienna next week. Merkel said the Europeans aren't "blind" to threats posed by Iran's activities in Syria to Israel, for example.

NSW Cops Investigating After 8 YO Girl Indecently Assaulted By Intruder
An eight-year-old Sydney girl has allegedly been indecently assaulted by a man who climbed through her bedroom window. Anyone with CCTV or dash-cam footage from the past fortnight is being urged to contact police .

Latest 2018 Preakness Stakes odds
James Scully from Brisnet has a look at why Preakness history favors horses who run in the Kentucky Derby. At nine-and-a-half furlongs, it's the shortest of the three Triple Crown legs.

10 airline employees busted in Dallas-Fort Worth Airport drug trafficking sting
The employees agreed to ship meth to cities across the US for as much as $1,500-2,000 per kilogram, the indictment said. The indictments were handed down on charges of conspiracy to possess with intent to distribute a controlled substance.

Arsenal next manager: Mikel Arteta expected to be appointed this month
Another candidate was Hoffenheim's Julian Nagelsmann , but the German club recently insisted he will still be their manager next season.

Senators gut bill to allow some guns on Louisiana campuses
Under SB181, anyone who performs an abortion after the 15-week period could face up to 2 years in prison and a $1,000 fine. Calling the referendum, which requires only a simple majority of voters to pass, does not require approval from Gov.

Argentina investigate World Cup guide on flirting with Russian women
Maybe you try to impress her by talking about the money you have, that you know everything, that you are ideal and the others are poor stupid people.

CBS Responds to Pauley Perrette's Claim of 'Physical Assaults' on 'NCIS' Set
She continued , "There is a "machine" keeping me silent, and feeding FALSE stories about me". Perrette concluded , "I've been supporting ant-bullying programs forever".

EPIX Greenlights Drama Series PENNYWORTH
The series is set to begin production later this year, with the network eyeing a 2019 premiere date for the ten-episode, one-hour drama.

Markle's father says heart procedure puts him out of British royal wedding
Wendy Williams , 53, didn't spare Meghan Markle , 36, one bit during her "Hot Topics" segment on May 15. Writing Tuesday in Mail Online, Piers Morgan, the television presenter, accused Ms.

Starbucks unveils ambitious plan for growth in China
China well-known for its technology innovations but now the country will get around 3,000 new Starbucks stores. In a nation where tea drinking is the tradition, China has emerged as a big and vital market for Starbucks .

Want to Play 'Super Smash Bros.' at E3? Reserve a Ticket Beforehand
As we go into this year's E3 one game will be at the forefront of all the hype - Super Smash Bros . for the Nintendo Switch. For more details about ticketing, visit the official Nintendo of America E3 2018 website for continuing updates.

Diego Maradona named chairman of Belarusian club
Maradona, who most recently managed UAE second-division side Fujairah, will be taking over football operations. The club say Maradona's role will see him "deal with strategic development of the club".

Arcos Dorados Holdings Inc. (NYSE:ARCO) Sees RSI Reach 31.16
Keeping track of key economic data along with market trends and earnings information typically seems to be a boon to any strategy. The restaurant operator reported $0.06 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by ($0.02).

Other news