Live Nation Entertainment, Inc. $LYV Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Live Nation Entertainment, Inc. (NYSE:LYVFree Report) by 6.3% in the third quarter, HoldingsChannel.com reports. The firm owned 319,945 shares of the company’s stock after acquiring an additional 18,888 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Live Nation Entertainment were worth $52,279,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Clearstead Trust LLC boosted its stake in Live Nation Entertainment by 469.0% during the second quarter. Clearstead Trust LLC now owns 165 shares of the company’s stock worth $25,000 after buying an additional 136 shares during the period. Atwood & Palmer Inc. acquired a new stake in Live Nation Entertainment in the 3rd quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC purchased a new stake in Live Nation Entertainment in the third quarter valued at approximately $34,000. Measured Risk Portfolios Inc. acquired a new position in Live Nation Entertainment during the third quarter worth $37,000. Finally, Root Financial Partners LLC purchased a new position in shares of Live Nation Entertainment during the third quarter worth $37,000. 74.52% of the stock is currently owned by hedge funds and other institutional investors.

More Live Nation Entertainment News

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

  • Positive Sentiment: Rothschild & Co Redburn upgraded LYV from “neutral” to “buy” and raised its price target to $193 (from $166), implying roughly ~19% upside from current levels. This is a clear positive catalyst that supports further upside. Rothschild Upgrade
  • Positive Sentiment: Deutsche Bank raised its price target to $180 (from $160) and reiterated a “buy” rating — another institutional endorsement boosting conviction that LYV has mid-teens upside. Deutsche Bank PT Raise
  • Positive Sentiment: Wells Fargo initiated coverage / increased focus on LYV (reported as an overweight/overweight-style initiation and noted in multiple outlets), signaling fresh institutional interest that can attract fund flows. Wells Fargo Coverage Initiation
  • Positive Sentiment: Zacks reported Wells Fargo upgraded LYV to a “strong-buy” in its coverage summary, reinforcing the bullish analyst tone across the sell-side that’s likely lifting sentiment. Zacks: Wells Fargo Strong-Buy
  • Neutral Sentiment: MarketWatch noted that while LYV posted daily gains, it still underperformed some competitors on the day — a reminder that sector rotation and comparisons to peers can limit relative upside. MarketWatch: Underperformance Note
  • Neutral Sentiment: Analyst and press pieces highlight growth plans but also regulatory questions around Live Nation’s business model — this is mixed for investors (growth potential vs. policy risk) and could amplify volatility. Yahoo Finance: Investment Story & Regulatory Questions
  • Negative Sentiment: Halper Sadeh LLC announced an investigation into whether certain Live Nation officers/directors breached fiduciary duties — a legal/proxy overhang that could pressure the stock if it leads to litigation or governance concerns. PR Newswire: Halper Sadeh Investigation

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Sanford C. Bernstein increased their target price on Live Nation Entertainment from $185.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Benchmark reissued a “buy” rating on shares of Live Nation Entertainment in a research report on Thursday, February 19th. Wolfe Research lifted their price objective on shares of Live Nation Entertainment from $175.00 to $186.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Weiss Ratings lowered shares of Live Nation Entertainment from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Finally, Evercore reissued an “outperform” rating and issued a $198.00 price target on shares of Live Nation Entertainment in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.19.

Get Our Latest Stock Report on Live Nation Entertainment

Live Nation Entertainment Stock Up 2.5%

Shares of Live Nation Entertainment stock opened at $161.78 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 8.51. Live Nation Entertainment, Inc. has a 52-week low of $112.88 and a 52-week high of $175.25. The company has a market capitalization of $37.99 billion, a P/E ratio of -674.08, a P/E/G ratio of 20.13 and a beta of 1.18. The company has a 50 day moving average of $148.00 and a 200 day moving average of $150.45.

Live Nation Entertainment (NYSE:LYVGet Free Report) last announced 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). The firm had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Live Nation Entertainment had a net margin of 1.79% and a return on equity of 48.11%. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 earnings per share. As a group, research analysts forecast that Live Nation Entertainment, Inc. will post 2.38 EPS for the current fiscal year.

Live Nation Entertainment Profile

(Free Report)

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.

Featured Articles

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:LYVFree Report).

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

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.