Published: Wed, May 16, 2018
Global News | By Blake Casey

Live Nation Launches the Women Nation Fund to Boost Female-Led Biz

Live Nation Launches the Women Nation Fund to Boost Female-Led Biz

Global X Management Co. LLC boosted its holdings in Live Nation by 45.5% in the 4th quarter. William Blair Investment Management LLC now owns 4,138,611 shares of the company's stock worth $176,181,000 after purchasing an additional 1,093,022 shares during the period. Deerfield Management Company sold 316,435 shares as the company's stock declined 26.36% with the market. Leith Wheeler Investment Counsel Ltd. increased its stake in Live Nation by 5.4% in the 4th quarter. Leith Wheeler Investment Counsel Ltd. now owns 77,147 shares of the company's stock worth $3,284,000 after acquiring an additional 3,970 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Live Nation by 29.1% during the fourth quarter. The Covey Capital Advisors Llc holds 61,477 shares with $2.62M value, down from 74,555 last quarter. Live Nation presently has an average rating of "Buy" and a consensus target price of $49.14. Macquarie Research maintained the shares of LYV in report on Wednesday, August 9 with "Buy" rating. Yost Capital Management Llc who had been investing in Live Nation Entertainment In for a number of months, seems to be bullish on the $8.95B market cap company. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.00. Live Nation Entertainment, Inc. Also Globenewswire.com published the news titled: "Kaskela Law LLC: "Shareholder Class Action Filed Against Live Nation Entertainment â€" LYV" on May 06, 2018. The company reported ($0.24) EPS for the quarter, beating the Zacks' consensus estimate of ($0.29) by $0.05. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.32 billion.

On April 1, 2018, The New York Times reported that the U.S. Department of Justice is investigating whether certain of Live Nation's business practices are in violation of a consent decree negotiated in connection with the approval of Live Nation's 2010 merger with Ticketmaster. Live Nation's quarterly revenue was up 19.2% compared to the same quarter previous year. During the same period in the prior year, the company earned ($0.22) EPS. research analysts forecast that Live Nation will post 0.14 earnings per share for the current fiscal year.

Several equities analysts have recently commented on the company. Guggenheim maintained the shares of LYV in report on Wednesday, February 28 with "Buy" rating. Finally, JPMorgan Chase set a $51.00 price target on shares of Live Nation and gave the stock a "buy" rating in a research note on Thursday, April 5th.

Dave Chappelle and Jon Stewart team up for joint tour
Then, on the 21st and 22nd, they're based in Houston, TX, where they'll perform stand-up inside the Smart Financial Centre. Stewart announced in July that he would be dropping two new stand-up specials on HBO.


Among 14 analysts covering Live Nation (NYSE:LYV), 13 have Buy rating, 0 Sell and 1 Hold. Finally, Citigroup upgraded Live Nation from a "neutral" rating to a "buy" rating in a research note on Monday, April 9th. The average twelve-month price objective among brokers that have updated their coverage on the stock in the a year ago is $49.80. Daiwa Securities Group holds 0.01% in Live Nation Entertainment, Inc.

Live Nation produces live concerts and sells tickets to those events over the internet.

To be considered for the Fund, entrant businesses must be female-founded and oriented around concert promotion, festivals or live venue management.

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