46,000 Shares in Lionsgate Studios Corp. $LION Bought by Systematic Financial Management LP

Systematic Financial Management LP bought a new position in Lionsgate Studios Corp. (NYSE:LION) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 46,000 shares of the company’s stock, valued at approximately $420,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in Lionsgate Studios by 99.3% in the 4th quarter. GAMMA Investing LLC now owns 3,559 shares of the company’s stock worth $32,000 after purchasing an additional 1,773 shares during the period. Osaic Holdings Inc. boosted its stake in Lionsgate Studios by 4,852.0% in the 2nd quarter. Osaic Holdings Inc. now owns 4,952 shares of the company’s stock worth $29,000 after purchasing an additional 4,852 shares during the period. CIBC Private Wealth Group LLC acquired a new position in Lionsgate Studios in the 3rd quarter worth $38,000. Farther Finance Advisors LLC boosted its stake in Lionsgate Studios by 4,457.3% in the 4th quarter. Farther Finance Advisors LLC now owns 5,970 shares of the company’s stock worth $55,000 after purchasing an additional 5,839 shares during the period. Finally, Newbridge Financial Services Group Inc. acquired a new position in Lionsgate Studios in the 4th quarter worth $55,000.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on LION shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lionsgate Studios in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Lionsgate Studios from a “sell” rating to a “hold” rating in a research note on Saturday. Seaport Research Partners reissued a “buy” rating and set a $16.00 price target on shares of Lionsgate Studios in a research report on Friday. Morgan Stanley boosted their price target on shares of Lionsgate Studios from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Robert W. Baird boosted their price target on shares of Lionsgate Studios from $14.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.41.

Lionsgate Studios Trading Down 0.5%

Shares of NYSE LION opened at $14.87 on Tuesday. Lionsgate Studios Corp. has a 12 month low of $5.55 and a 12 month high of $14.98. The stock has a 50 day moving average of $11.20 and a 200-day moving average of $9.44. The company has a market capitalization of $4.32 billion, a P/E ratio of -20.65 and a beta of 0.56.

About Lionsgate Studios

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.