JPMorgan Chase & Co. Reduces Stake in Lionsgate Studios Corp. $LION

Key Points

• JPMorgan cut its stake in Lionsgate by 25.5% in Q3, selling 116,841 shares and now holding 341,600 shares worth about $2.36 million (roughly 0.12% of the company).
• Several other institutions materially increased positions—Marshall Wace (+3,352%), Invesco (+164%), Bank of America (+4,609%) and Millennium (+72.6%)—signaling notable institutional buying activity despite JPMorgan’s reduction.
• Analyst sentiment is mixed but leans positive with an average rating of “Moderate Buy” and a $10.05 price target; Lionsgate recently missed EPS (‑$0.07 vs. est. ‑$0.02) but beat revenue, and the stock trades near $9.74 within a $5.55–$11.02 52‑week range.

JPMorgan Chase & Co. lowered its position in Lionsgate Studios Corp. (NYSE:LION - Free Report) by 25.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 341,600 shares of the company's stock after selling 116,841 shares during the period. JPMorgan Chase & Co. owned approximately 0.12% of Lionsgate Studios worth $2,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Marshall Wace LLP raised its stake in shares of Lionsgate Studios by 3,352.1% during the 2nd quarter. Marshall Wace LLP now owns 1,753,646 shares of the company's stock worth $10,189,000 after buying an additional 1,702,846 shares during the period. Ratan Capital Management LP acquired a new position in Lionsgate Studios in the 3rd quarter valued at $9,142,000. Invesco Ltd. raised its stake in Lionsgate Studios by 164.4% in the 3rd quarter. Invesco Ltd. now owns 1,811,579 shares of the company's stock valued at $12,500,000 after purchasing an additional 1,126,478 shares during the last quarter. Bank of America Corp DE raised its stake in Lionsgate Studios by 4,609.5% in the 2nd quarter. Bank of America Corp DE now owns 1,103,709 shares of the company's stock valued at $6,413,000 after purchasing an additional 1,080,273 shares during the last quarter. Finally, Millennium Management LLC raised its stake in Lionsgate Studios by 72.6% in the 1st quarter. Millennium Management LLC now owns 1,991,515 shares of the company's stock valued at $14,877,000 after purchasing an additional 837,774 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wall Street Zen downgraded Lionsgate Studios from a "hold" rating to a "sell" rating in a research note on Saturday, February 14th. Morgan Stanley reissued an "overweight" rating and issued a $11.00 price objective on shares of Lionsgate Studios in a research note on Friday, February 6th. Zacks Research raised Lionsgate Studios from a "strong sell" rating to a "hold" rating in a research note on Monday, January 5th. Citigroup increased their price objective on Lionsgate Studios from $9.00 to $11.00 and gave the company a "buy" rating in a research note on Monday, March 23rd. Finally, Wells Fargo & Company increased their price objective on Lionsgate Studios from $9.00 to $12.00 and gave the company an "overweight" rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Lionsgate Studios currently has an average rating of "Moderate Buy" and an average price target of $10.05.

Lionsgate Studios Stock Up 1.1%

Shares of LION opened at $9.74 on Tuesday. Lionsgate Studios Corp. has a 52-week low of $5.55 and a 52-week high of $11.02. The company has a market capitalization of $2.83 billion, a PE ratio of -11.46 and a beta of -0.48. The stock has a fifty day simple moving average of $9.25 and a two-hundred day simple moving average of $8.14.

Lionsgate Studios (NYSE:LION - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). The business had revenue of $724.30 million during the quarter, compared to analyst estimates of $706.03 million. As a group, equities analysts anticipate that Lionsgate Studios Corp. will post 0.08 earnings per share for the current fiscal year.

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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