### Live Nation Entertainment (LYV) Sees Significant Increase in Stake Held by Tower Research Capital LLC TRC
Live Nation Entertainment, Inc. (NYSE:LYV) has seen a significant increase in its stake, with Tower Research Capital LLC TRC growing its holdings by 233.6% in the fourth quarter. The company’s stake in Live Nation Entertainment was valued at $1,953,000 at the end of the quarter. #### Notable Hedge Fund Increases
Several notable hedge funds have also increased their positions in Live Nation Entertainment, Inc. (NYSE:LYV). Amundi boosted its holdings by 3.7%, while Wealthfront Advisers LLC increased its stake by 595.3%. Atria Wealth Solutions Inc. acquired a new position in the company, valued at approximately $226,000. Aviva PLC increased its holdings by 1,524.1%, and Charles Schwab Investment Management Inc. lifted its stake by 5.0%. ### Insider Activity
In other news, several directors and executives have sold shares of Live Nation Entertainment, Inc. Director Jeffrey T. Hinson sold 500 shares of the company’s stock on March 12th, while Chief Accounting Officer Brian Capo sold 5,066 shares on March 11th. These sales represent a decrease in their positions, with Hinson’s stake decreasing by 0.94% and Capo’s stake decreasing by 32.44%. #### Insider Ownership
The ownership structure of Live Nation Entertainment, Inc. (NYSE:LYV) is as follows:
* Institutional investors and hedge funds own 74.52% of the stock. * Insiders own 2.72% of the stock. ### Live Nation Entertainment (LYV) Price Performance
Live Nation Entertainment, Inc. (NYSE:LYV) has a market capitalization of $30.06 billion and a price-to-earnings ratio of 47.35. The company has a 50-day moving average price of $131.52 and a 200-day moving average price of $131.32. The stock has a twelve-month low of $86.81 and a twelve-month high of $157.75. ### Live Nation Entertainment (LYV) Earnings
Live Nation Entertainment, Inc. (NYSE:LYV) last reported its earnings results on February 27th, with the company reporting $0.56 earnings per share for the quarter. This exceeded analyst estimates of ($0.93) by $1.49. The company’s return on equity is 139.09%, and its net margin is 3.90%. ### Analyst Upgrades and Downgrades
Several analysts have commented on Live Nation Entertainment, Inc. Morgan Stanley raised its target price on the stock from $150.00 to $170.00, giving it an “overweight” rating. Macquarie boosted its price objective on the stock from $146.00 to $165.00, giving it an “outperform” rating. Bank of America increased its target price on the stock from $149.00 to $175.00, giving it a “buy” rating. JPMorgan Chase & Co. upped its price objective on the stock from $150.00 to $170.00, giving it an “overweight” rating. #### Analyst Estimates
Analysts predict that Live Nation Entertainment, Inc. (NYSE:LYV) will post 2.38 earnings per share for the current year. ### Live Nation Entertainment (LYV) Profile
Live Nation Entertainment, Inc. (NYSE:LYV) operates as a live entertainment company worldwide, operating through three segments: Concerts, Ticketing, and Sponsorship & Advertising. The company promotes live music events in its owned or operated venues, produces music festivals, creates and streams associated content, and offers management and other services to artists. #### Live Nation Entertainment Key Statistics
| **Statistic** | **Value** |
| — | — |
| Market Capitalization | $30.06 billion |
| Price-to-Earnings Ratio | 47.35 |
| 50-day Moving Average Price | $131.52 |
| 200-day Moving Average Price | $131.32 |
| Twelve-Month Low | $86.81 |
| Twelve-Month High | $157.75 |
#### 13F Holdings
For the most up-to-date information on 13F holdings, please visit HoldingsChannel.com.