Live Nation Entertainment, Inc. $LYV Position Trimmed by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc reduced its holdings in Live Nation Entertainment, Inc. (NYSE:LYV) by 83.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,150 shares of the company’s stock after selling 16,250 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Live Nation Entertainment were worth $494,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vident Advisory LLC lifted its holdings in Live Nation Entertainment by 2.1% in the second quarter. Vident Advisory LLC now owns 3,622 shares of the company’s stock worth $548,000 after acquiring an additional 75 shares during the last quarter. Private Trust Co. NA raised its position in shares of Live Nation Entertainment by 24.4% during the 3rd quarter. Private Trust Co. NA now owns 418 shares of the company’s stock worth $68,000 after purchasing an additional 82 shares during the period. Alteri Wealth LLC lifted its holdings in shares of Live Nation Entertainment by 5.1% in the 3rd quarter. Alteri Wealth LLC now owns 1,841 shares of the company’s stock worth $301,000 after purchasing an additional 89 shares during the last quarter. Greenleaf Trust boosted its position in Live Nation Entertainment by 5.8% during the 3rd quarter. Greenleaf Trust now owns 1,680 shares of the company’s stock valued at $275,000 after purchasing an additional 92 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in Live Nation Entertainment by 15.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 798 shares of the company’s stock worth $121,000 after buying an additional 109 shares during the last quarter. Institutional investors own 74.52% of the company’s stock.

Key Stories Impacting Live Nation Entertainment

Here are the key news stories impacting Live Nation Entertainment this week:

• Positive Sentiment: Deutsche Bank raised its price target to $180 and reaffirmed a “buy” rating, implying material upside from recent levels; this upgrade likely supports buying momentum. Deutsche Bank adjusts Live Nation Entertainment PT to $180 from $160, maintains buy rating
• Positive Sentiment: Wells Fargo initiated coverage with an “overweight” rating and a $204 price target (significant upside), and that initiation has been reported broadly — a catalyst for institutional interest and likely contributor to today’s upward move. Wells Fargo initiates coverage of Live Nation Entertainment (LYV) with overweight recommendation
• Positive Sentiment: Zacks flagged an upgrade to “strong-buy” (coverage citing recent analyst activity), which may amplify retail/investor attention and short-term buying. Zacks.com
• Neutral Sentiment: Analyst and media coverage is also highlighting a shifting investment thesis — growth plans and consolidation opportunities vs. regulatory questions — producing a mixed narrative that can sustain volatility as investors price risk/reward. How The Live Nation (LYV) Investment Story Is Shifting With Growth Plans And Regulatory Questions
• Negative Sentiment: The DOJ antitrust case moves forward with jury selection imminent; while the judge pared some government claims, the trial creates regulatory overhang and potential liability that could pressure sentiment and valuation. Justice Department Blasts Live Nation’s ‘Desperate Attempt’ To Halt Anti-Monopoly Trial—Days Before It Begins
• Negative Sentiment: Halper Sadeh LLC announced a shareholder inquiry into potential fiduciary breaches by officers and directors, signaling possible litigation or governance scrutiny that could be a drag if it escalates. HALPER SADEH LLC ENCOURAGES LIVE NATION ENTERTAINMENT, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LYV shares. Bank of America raised their target price on Live Nation Entertainment from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Roth Mkm reiterated a “buy” rating and issued a $190.00 price objective on shares of Live Nation Entertainment in a research report on Friday, February 20th. TD Cowen restated a “buy” rating on shares of Live Nation Entertainment in a research report on Monday. Evercore restated an “outperform” rating and issued a $198.00 price target on shares of Live Nation Entertainment in a research note on Friday, February 20th. Finally, Wells Fargo & Company initiated coverage on Live Nation Entertainment in a research report on Wednesday. They set an “overweight” rating and a $204.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.90.

Live Nation Entertainment Stock Up 1.7%

LYV stock opened at $157.83 on Friday. The firm’s 50-day moving average is $147.59 and its two-hundred day moving average is $150.45. The company has a market capitalization of $37.06 billion, a price-to-earnings ratio of -657.63, a price-to-earnings-growth ratio of 19.28 and a beta of 1.18. Live Nation Entertainment, Inc. has a 52 week low of $112.88 and a 52 week high of $175.25. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 8.51.

Live Nation Entertainment (NYSE:LYV) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($1.06) EPS for the quarter, missing analysts’ consensus estimates of ($1.00) by ($0.06). Live Nation Entertainment had a net margin of 1.79% and a return on equity of 48.11%. The company had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.12 billion. During the same quarter in the prior year, the business earned $0.58 EPS. Live Nation Entertainment’s revenue was up 11.1% compared to the same quarter last year. On average, analysts forecast that Live Nation Entertainment, Inc. will post 2.38 earnings per share for the current fiscal year.

Live Nation Entertainment Company 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.