Skip to content

AIA Group Ltd Takes Place in Reside Nation Leisure, Inc. (NYSE:LYV)

AIA Group Ltd acquired a brand new stake in Reside Nation Leisure, Inc. (NYSE:LYV – Get Ranking) through the third quarter, in line with its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The institutional investor acquired 15,500 shares of the corporate’s inventory, valued at roughly $1,179,000.

→ Is This The Finish of Capitalism? (From Porter & Firm)

Numerous different hedge funds have additionally modified their holdings of LYV. Raymond James Belief NA grew its holdings in Reside Nation Leisure by 4.3% through the first quarter. Raymond James Belief NA now owns 3,139 shares of the corporate’s inventory price $369,000 after buying an extra 130 shares through the interval. Industrial Alliance Funding Administration Inc. grew its holdings in Reside Nation Leisure by 21.5% through the first quarter. Industrial Alliance Funding Administration Inc. now owns 746 shares of the corporate’s inventory price $88,000 after buying an extra 132 shares through the interval. Empirical Finance LLC grew its holdings in Reside Nation Leisure by 6.2% through the second quarter. Empirical Finance LLC now owns 2,518 shares of the corporate’s inventory price $208,000 after buying an extra 146 shares through the interval. Oregon Public Workers Retirement Fund grew its holdings in Reside Nation Leisure by 1.4% through the third quarter. Oregon Public Workers Retirement Fund now owns 10,889 shares of the corporate’s inventory price $828,000 after buying an extra 151 shares through the interval. Lastly, Whittier Belief Co. grew its holdings in Reside Nation Leisure by 6.1% through the third quarter. Whittier Belief Co. now owns 2,791 shares of the corporate’s inventory price $212,000 after buying an extra 160 shares through the interval. 69.90% of the inventory is owned by institutional traders and hedge funds.

Insider Shopping for and Promoting

In associated information, Director Jimmy Iovine acquired 13,740 shares of Reside Nation Leisure inventory in a transaction that occurred on Thursday, December 1st. The shares had been bought at a median value of $73.28 per share, for a complete transaction of $1,006,867.20. Following the completion of the transaction, the director now owns 13,740 shares within the firm, valued at roughly $1,006,867.20. The acquisition was disclosed in a authorized submitting with the Securities & Change Fee, which will be accessed by way of the SEC web site. 4.01% of the inventory is at the moment owned by firm insiders.

Wall Road Analysts Forecast Development

Numerous brokerages have issued studies on LYV. Guggenheim lowered their value goal on Reside Nation Leisure from $140.00 to $120.00 and set a “purchase” score on the inventory in a analysis report on Friday, October seventh. Citigroup upgraded Reside Nation Leisure from a “impartial” score to a “purchase” score and lowered their value goal for the inventory from $90.00 to $82.00 in a analysis report on Monday, November twenty eighth. Jefferies Monetary Group lowered their value goal on Reside Nation Leisure from $120.00 to $92.00 in a analysis report on Thursday, December eighth. StockNews.com upgraded Reside Nation Leisure from a “maintain” score to a “purchase” score in a analysis report on Wednesday, October nineteenth. Lastly, The Goldman Sachs Group lowered their value goal on Reside Nation Leisure from $130.00 to $112.00 and set a “purchase” score on the inventory in a analysis report on Friday, November 4th. Two analysis analysts have rated the inventory with a maintain score and 9 have given a purchase score to the inventory. In keeping with knowledge from MarketBeat.com, the inventory at the moment has a median score of “Reasonable Purchase” and a median value goal of $105.67.

Reside Nation Leisure Inventory Efficiency

NYSE LYV opened at $77.00 on Wednesday. The corporate has a market cap of $17.78 billion, a PE ratio of 110.00 and a beta of 1.26. The inventory’s 50-day easy transferring common is $71.47 and its 200-day easy transferring common is $80.65. Reside Nation Leisure, Inc. has a 1-year low of $65.05 and a 1-year excessive of $126.79. The corporate has a debt-to-equity ratio of 12.85, a present ratio of 1.04 and a fast ratio of 1.04.

Reside Nation Leisure (NYSE:LYV – Get Ranking) final introduced its quarterly earnings knowledge on Thursday, November third. The corporate reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.31. Reside Nation Leisure had a return on fairness of 1,222.70% and a internet margin of two.01%. The agency had income of $6.15 billion for the quarter, in comparison with the consensus estimate of $4.97 billion. As a gaggle, equities analysis analysts anticipate that Reside Nation Leisure, Inc. will put up 0.53 EPS for the present fiscal yr.

Reside Nation Leisure Profile

(Get Ranking)

Reside Nation Leisure, Inc operates as an leisure firm. The agency engages in producing, advertising and marketing, and promoting stay concert events for artists through its world live performance pipe. It operates by way of the next segments: Concert events, Sponsorship and Promoting, and Ticketing. The Concert events phase is concerned within the promotion of stay music occasions in owned or operated venues and in rented third-party venues.

Featured Tales

Institutional Ownership by Quarter for Live Nation Entertainment (NYSE:LYV)

This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you think about Reside Nation Leisure, you may wish to hear this.

MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they advocate to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering for his or her shoppers to purchase now earlier than the broader market catches on… and Reside Nation Leisure wasn’t on the listing.

Whereas Reside Nation Leisure at the moment has a “Reasonable Purchase” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The 5 Shares Right here

10

.

Leave a Reply

Your email address will not be published. Required fields are marked *