Live Nation Entertainment, Inc. (LYV) Sets Record High at $48.46

June 29, 2018 - By Estela Ashley

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

Big Money Sentiment decreased to 0.95 in Q1 2018. It has change of 0.20, from 2017Q4’s 1.15. The ratio fall due to Live Nation Entertainment, Inc. positioning: 41 sold and 112 reduced. 47 funds acquired positions and 98 increased positions. Investors holded 136.81 million in 2017Q4 but now own 134.09 million shares or 1.99% less.
United Kingdom-based Legal General Grp Plc has invested 0.01% in Live Nation Entertainment, Inc. (NYSE:LYV). Mutual Of America Cap Ltd Limited Liability Company has 111,093 shs. Teachers Retirement Systems Of The State Of Kentucky accumulated 26,903 shs. Rmb Capital Ltd has 5,452 shs for 0.01% of their capital. Roundview Cap Ltd Llc reported 0.26% in Live Nation Entertainment, Inc. (NYSE:LYV). Cibc Asset Management reported 6,898 shs stake. Numerixs Inv Tech has 0.02% invested in Live Nation Entertainment, Inc. (NYSE:LYV) for 1,807 shs. Moreover, Sands Management Lc has 0.01% invested in Live Nation Entertainment, Inc. (NYSE:LYV). Synovus Corp stated it has 0% in Live Nation Entertainment, Inc. (NYSE:LYV). Putnam Invests Ltd Liability, Massachusetts-based fund reported 3.17 million shs. Hanseatic Service holds 0.6% or 14,741 shs in its capital. Blair William & Il has 0.01% invested in Live Nation Entertainment, Inc. (NYSE:LYV). Bancorporation Of Montreal Can owns 319,247 shs. 4.23M are owned by State Street Corporation. Nj State Employees Deferred Compensation Plan owns 6,035 shs for 0.05% of their capital.

Live Nation Entertainment, Inc. registered $296,966 net activity with 0 insider purchases and 2 insider sales since June 6, 2018. On Wednesday, June 6 HINSON JEFFREY T. sold $98,978 worth of Live Nation Entertainment, Inc. (NYSE:LYV) or 2,200 shs.

Live Nation Entertainment, Inc. (NYSE:LYV) touched all time high on Jun, 29 with $50.40 PT or 4.00 % above the last $48.46 price per share. Barchart.com reported the all time high. Live Nation Entertainment, Inc. (NYSE:LYV) has $10.12B MC. The valuation of NYSE:LYV can change by $404.96M if our $50.40 PT is touched.

The stock decreased 0.47% or $0.23 during the last trading session, touching $48.46.Live Nation Entertainment, Inc. has volume of 483,846 shares. Since June 29, 2017 LYV has risen 26.81% and is uptrending. LYV outperformed the S&P500 by 14.24%.

On August, 8 is anticipated Live Nation Entertainment, Inc. (NYSE:LYV)’s earnings report, Faxor reports. This year’s EPS analyst estimate is anticipated to be $0.26. That is 10.34 % down compareed to $0.29 EPS for last year. If the current EPS of $0.26 is accurate, LYV’s profit could be $54.32M. Analysts at Wall Street see Live Nation Entertainment, Inc.’s -208.33 % EPS growth compared to $-0.24 EPS for previous quarter.

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 Wednesday, January 10 the rating was maintained by Guggenheim with “Buy”. On Friday, May 4 Evercore upgraded Live Nation Entertainment, Inc. (NYSE:LYV) to “Outperform” rating. On Wednesday, February 28 the firm has “Buy” rating given by Guggenheim. The stock rating was upgraded by Northcoast to “Buy” on Sunday, April 22. On Monday, April 9 the company was upgraded by Citigroup.

For more Live Nation Entertainment, Inc. (NYSE:LYV) news announced briefly go to: Streetinsider.com, Globenewswire.com, Prnewswire.com, Globenewswire.com or Streetinsider.com. The titles are as follows: “Live Nation (LYV) Announces Election of Dana Walden And Ping Fu to Board” announced on June 06, 2018, “JUNE 18 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit …” on June 15, 2018, “Ticketmaster Helps Veterans Access Free And Discounted Live Event Tickets With Vet Tix Partnership” with a publish date: June 21, 2018, “Analysis: Positioning to Benefit within Cars, Iconix Brand Group, NRG Yield, Aramark, CBS, and Live Nation …” and the last “Sirius XM (SIRI) & Live Nation (LYV) Combination is Possible – Citi” with publication date: June 22, 2018.

Live Nation Entertainment, Inc. operates as a live entertainment company.The firm is worth $10.12 billion. The firm operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation divisions.Last it reported 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.

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

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