Live Nation Entertainment, Inc. $LYV Stake Lifted by TD Asset Management Inc

TD Asset Management Inc increased its position in shares of Live Nation Entertainment, Inc. (NYSE:LYV) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367,137 shares of the company’s stock after purchasing an additional 24,491 shares during the period. TD Asset Management Inc owned 0.16% of Live Nation Entertainment worth $59,990,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LYV. Counterpoint Mutual Funds LLC acquired a new position in shares of Live Nation Entertainment during the 3rd quarter valued at $314,000. Mufg Securities Americas Inc. boosted its stake in Live Nation Entertainment by 21.8% during the third quarter. Mufg Securities Americas Inc. now owns 4,254 shares of the company’s stock valued at $695,000 after buying an additional 761 shares in the last quarter. AXQ Capital LP grew its holdings in Live Nation Entertainment by 118.1% during the third quarter. AXQ Capital LP now owns 8,875 shares of the company’s stock worth $1,450,000 after acquiring an additional 4,805 shares during the period. Marks Group Wealth Management Inc raised its position in Live Nation Entertainment by 12.2% in the third quarter. Marks Group Wealth Management Inc now owns 3,342 shares of the company’s stock worth $546,000 after acquiring an additional 363 shares in the last quarter. Finally, Alteri Wealth LLC lifted its holdings in Live Nation Entertainment by 5.1% in the 3rd quarter. Alteri Wealth LLC now owns 1,841 shares of the company’s stock valued at $301,000 after acquiring an additional 89 shares during the last quarter. 74.52% of the stock is currently owned by institutional investors and hedge funds.

Live Nation Entertainment Price Performance

Shares of NYSE:LYV opened at $157.83 on Friday. The company’s fifty day moving average is $147.59 and its two-hundred day moving average is $150.45. The company has a market cap of $37.06 billion, a P/E 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 12-month low of $112.88 and a 12-month high of $175.25. 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 (NYSE:LYV) last issued its quarterly earnings results on Thursday, February 19th. The company reported ($1.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.00) by ($0.06). The business had revenue of $6.31 billion for 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 business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS. Equities analysts expect that Live Nation Entertainment, Inc. will post 2.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LYV shares. TD Cowen reaffirmed a “buy” rating on shares of Live Nation Entertainment in a research note on Monday. Zacks Research cut shares of Live Nation Entertainment from a “hold” rating to a “strong sell” rating in a report on Friday, January 16th. Rothschild & Co Redburn decreased their price target on shares of Live Nation Entertainment from $170.00 to $166.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. Weiss Ratings downgraded Live Nation Entertainment from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Finally, Moffett Nathanson reduced their price objective on Live Nation Entertainment from $185.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Live Nation Entertainment currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.90.

Live Nation Entertainment News Summary

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

Live Nation Entertainment 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.