Credit Industriel ET Commercial Trims Stock Holdings in Lionsgate Studios Corp. $LION

Key Points

• Credit Industriel ET Commercial trimmed its stake in Lionsgate by 42.0% in Q4, selling 139,730 shares and leaving 192,895 shares (about 0.07% of the company) valued at roughly $1.76 million.
• Lionsgate reported Q4 EPS of ($0.07), missing the ($0.02) consensus while revenue of $724.3M beat expectations; the stock trades near $12.65 with a 50‑day/200‑day moving average of $10.23/$8.80 and a negative P/E of -14.88.
• Analyst sentiment is mixed—seven Buys, five Holds and one Sell—resulting in an average rating of "Hold" and an average price target of $11.91, even as several firms recently raised their targets.

Credit Industriel ET Commercial trimmed its holdings in Lionsgate Studios Corp. (NYSE:LION - Free Report) by 42.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,895 shares of the company's stock after selling 139,730 shares during the period. Credit Industriel ET Commercial owned approximately 0.07% of Lionsgate Studios worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. grew 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 valued at $29,000 after buying an additional 4,852 shares in the last quarter. GAMMA Investing LLC grew 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 valued at $32,000 after buying an additional 1,773 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new position in Lionsgate Studios in the 3rd quarter valued at approximately $38,000. Newbridge Financial Services Group Inc. purchased a new position in Lionsgate Studios in the 4th quarter valued at approximately $55,000. Finally, Farther Finance Advisors LLC grew 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 valued at $55,000 after buying an additional 5,839 shares in the last quarter.

Lionsgate Studios Price Performance

LION opened at $12.65 on Wednesday. The company has a fifty day moving average price of $10.23 and a 200-day moving average price of $8.80. The firm has a market capitalization of $3.67 billion, a P/E ratio of -14.88 and a beta of 0.56. Lionsgate Studios Corp. has a one year low of $5.55 and a one year high of $12.84.

Lionsgate Studios (NYSE:LION - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). The firm had revenue of $724.30 million for the quarter, compared to analysts' expectations of $706.03 million. On average, analysts expect that Lionsgate Studios Corp. will post -0.53 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LION. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lionsgate Studios in a research note on Tuesday, April 21st. Wells Fargo & Company lifted their price objective on shares of Lionsgate Studios from $9.00 to $12.00 and gave the company an "overweight" rating in a research note on Friday, January 30th. Barrington Research boosted their price target on shares of Lionsgate Studios from $11.50 to $14.50 and gave the company an "outperform" rating in a research report on Tuesday, April 28th. Citigroup lowered shares of Lionsgate Studios from a "buy" rating to a "neutral" rating and boosted their price target for the company from $11.00 to $12.60 in a research report on Monday, April 20th. Finally, Robert W. Baird boosted their price target on shares of Lionsgate Studios from $14.00 to $16.00 and gave the company an "outperform" rating in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $11.91.

Lionsgate Studios Profile

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.

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