Stifel Nicolaus reiterated their hold rating on shares of Lions Gate Entertainment Corp. (NYSE:LGF) in a research report report published on Monday.

Several other equities research analysts have also weighed in on LGF. Wunderlich restated a buy rating and issued a $32.00 target price on shares of Lions Gate Entertainment Corp. in a report on Wednesday, May 25th. FBR & Co reiterated an outperform rating and set a $23.00 price target on shares of Lions Gate Entertainment Corp. in a report on Thursday, May 26th. Piper Jaffray Cos. reiterated an overweight rating and set a $30.00 price target on shares of Lions Gate Entertainment Corp. in a report on Friday, May 27th. Jefferies Group reiterated a buy rating and set a $29.00 price target on shares of Lions Gate Entertainment Corp. in a report on Friday, May 27th. Finally, Vetr lowered Lions Gate Entertainment Corp. from a strong-buy rating to a buy rating and set a $24.38 price target for the company. in a report on Monday, May 30th. Seven equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $29.96.

Shares of Lions Gate Entertainment Corp. (NYSE:LGF) opened at 20.97 on Monday. The company has a market capitalization of $3.10 billion, a PE ratio of 295.35 and a beta of 1.19. Lions Gate Entertainment Corp. has a 1-year low of $16.21 and a 1-year high of $41.41. The firm has a 50-day moving average price of $20.85 and a 200-day moving average price of $20.98.

Lions Gate Entertainment Corp. (NYSE:LGF) last posted its earnings results on Thursday, August 4th. The company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.36. Lions Gate Entertainment Corp. had a return on equity of 5.81% and a net margin of 0.43%. The firm earned $553.60 million during the quarter, compared to analyst estimates of $494.34 million. During the same period in the previous year, the company earned $0.31 EPS. The company’s revenue for the quarter was up 35.4% on a year-over-year basis. Equities analysts anticipate that Lions Gate Entertainment Corp. will post $0.39 earnings per share for the current year.

In other news, Director Gordon Crawford purchased 50,000 shares of the business’s stock in a transaction dated Tuesday, August 9th. The shares were acquired at an average price of $21.70 per share, with a total value of $1,085,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jon Feltheimer sold 255,718 shares of the company’s stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $20.25, for a total value of $5,178,289.50. The disclosure for this sale can be found here. Insiders own 30.40% of the company’s stock.

Several institutional investors have recently modified their holdings of the stock. Amica Retiree Medical Trust purchased a new position in shares of Lions Gate Entertainment Corp. during the second quarter valued at about $105,000. IFP Advisors Inc raised its position in shares of Lions Gate Entertainment Corp. by 62.3% in the second quarter. IFP Advisors Inc now owns 5,243 shares of the company’s stock valued at $106,000 after buying an additional 2,013 shares during the period. BlackRock Japan Co. Ltd purchased a new position in shares of Lions Gate Entertainment Corp. during the first quarter valued at about $141,000. Advisor Group Inc. purchased a new position in shares of Lions Gate Entertainment Corp. during the second quarter valued at about $147,000. Finally, Legal & General Group Plc raised its position in shares of Lions Gate Entertainment Corp. by 3.9% in the second quarter. Legal & General Group Plc now owns 7,830 shares of the company’s stock valued at $159,000 after buying an additional 292 shares during the period. 95.97% of the stock is currently owned by institutional investors and hedge funds.

About Lions Gate Entertainment Corp.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.

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