Hussman Strategic Advisors Inc. Invests $1.97 Million in Paramount Skydance Corporation $PSKY

Key Points

• Hussman Strategic Advisors established a new position in Paramount Skydance, buying 147,000 shares worth about $1.97 million in Q4, and institutional investors now own roughly 73% of the stock after several other large funds also added positions.
• Analysts are mixed and cautious: the consensus rating is "Reduce" with a $13 price target (2 Buys, 5 Holds, 8 Sells), though some firms like Morgan Stanley and Guggenheim have raised targets while others lowered them.
• Recent fundamentals show weakness—Q4 EPS missed estimates (-$0.12 vs. -$0.02) with a slight revenue shortfall—while the stock trades at a $12.33 billion market cap and PE of 17.6; the company also declared a $0.05 quarterly dividend (1.8% yield).

Hussman Strategic Advisors Inc. bought a new position in shares of Paramount Skydance Corporation (NASDAQ:PSKY - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 147,000 shares of the company's stock, valued at approximately $1,970,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PSKY. MTCO Ltd. bought a new position in Paramount Skydance during the 3rd quarter valued at about $26,488,000. New York State Teachers Retirement System bought a new stake in Paramount Skydance during the third quarter worth about $6,980,000. Evergreen Capital Management LLC acquired a new stake in shares of Paramount Skydance during the third quarter worth approximately $3,696,000. Chilton Investment Co. Inc. bought a new position in shares of Paramount Skydance in the third quarter valued at approximately $2,994,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Paramount Skydance in the third quarter valued at approximately $6,093,000. Institutional investors and hedge funds own 73.00% of the company's stock.

Wall Street Analysts Forecast Growth

PSKY has been the topic of a number of research analyst reports. Guggenheim increased their price target on Paramount Skydance from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 3rd. Zacks Research upgraded Paramount Skydance from a "strong sell" rating to a "hold" rating in a research report on Friday, February 6th. Morgan Stanley upgraded Paramount Skydance from an "underweight" rating to an "overweight" rating and increased their target price for the stock from $11.00 to $14.00 in a report on Thursday. Wells Fargo & Company lowered their target price on Paramount Skydance from $10.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, April 2nd. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Paramount Skydance in a report on Friday, March 27th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and eight have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus price target of $13.00.

Paramount Skydance Stock Performance

PSKY stock opened at $11.09 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.26 and a quick ratio of 1.12. The company has a 50 day moving average price of $10.51 and a 200 day moving average price of $12.62. Paramount Skydance Corporation has a fifty-two week low of $8.61 and a fifty-two week high of $20.86. The stock has a market capitalization of $12.33 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 0.56 and a beta of 1.43.

Paramount Skydance (NASDAQ:PSKY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.10). The firm had revenue of $8.15 billion during the quarter, compared to the consensus estimate of $8.17 billion. Paramount Skydance had a negative net margin of 2.15% and a positive return on equity of 3.82%. Analysts forecast that Paramount Skydance Corporation will post 0.79 EPS for the current year.

Paramount Skydance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.05 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.20 annualized dividend and a yield of 1.8%. Paramount Skydance's dividend payout ratio (DPR) is currently 31.75%.

About Paramount Skydance

Paramount Skydance Media Group Nasdaq: PSKY is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.

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