Lionsgate Studios Corp. $LION Shares Purchased by Royal Bank of Canada

Key Points

• Royal Bank of Canada increased its Lionsgate Studios stake by 183.1%. RBC acquired 718,527 additional shares, bringing its total to 1.11 million shares worth approximately $10.7 million, or 0.38% of the company.
• Several institutional investors also increased or initiated positions. Cooper Creek Partners Management acquired a stake valued at about $43.7 million, while Quantinno Capital, Gabelli Funds and Sei Investments expanded their holdings.
• Lionsgate reported stronger-than-expected quarterly results, with revenue up 48% year over year to $776.6 million and adjusted earnings of $0.06 per share, although it still posted a $28.8 million statutory net loss. Analysts maintain a consensus “Moderate Buy” rating with a $15.70 price target.

Royal Bank of Canada raised its holdings in shares of Lionsgate Studios Corp. (NYSE:LION - Free Report) by 183.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,111,046 shares of the company's stock after acquiring an additional 718,527 shares during the quarter. Royal Bank of Canada owned approximately 0.38% of Lionsgate Studios worth $10,656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LION. Quantinno Capital Management LP lifted its holdings in shares of Lionsgate Studios by 79.9% in the first quarter. Quantinno Capital Management LP now owns 96,923 shares of the company's stock valued at $929,000 after purchasing an additional 43,059 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new position in shares of Lionsgate Studios during the 1st quarter worth approximately $43,715,000. Renaissance Technologies LLC purchased a new stake in Lionsgate Studios in the 1st quarter valued at approximately $484,000. Gabelli Funds LLC lifted its stake in Lionsgate Studios by 14.9% in the 1st quarter. Gabelli Funds LLC now owns 728,000 shares of the company's stock valued at $6,982,000 after buying an additional 94,600 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Lionsgate Studios by 4.1% during the 1st quarter. Sei Investments Co. now owns 158,677 shares of the company's stock valued at $1,522,000 after buying an additional 6,312 shares during the last quarter.

Lionsgate Studios News Roundup

Here are the key news stories impacting Lionsgate Studios this week:

• Positive Sentiment: Quarterly results beat expectations. Lionsgate reported revenue of $776.6 million, up 48% year over year and above the roughly $703.1 million analyst consensus. Adjusted earnings were $0.06 per share, versus expectations for a loss, compared with a $0.32-per-share loss a year earlier. Lionsgate Reports Results for First Quarter Fiscal 2027
• Positive Sentiment: Film performance drove substantial operating momentum. The success of Michael and The Housemaid helped lift revenue, while adjusted OIBDA reached $79.3 million. Lionsgate also generated $54 million in operating cash flow and $128.9 million in adjusted free cash flow, supporting the investment case for its content library and production pipeline. Michael Helps Lionsgate Post Sharply Higher Quarterly Revenue
• Positive Sentiment: Potential future content catalyst. Lionsgate said a planned Michael 2 may reuse previously unseen musical footage from the original film, which could reduce production needs and extend the value of a franchise that generated approximately $1 billion globally. Michael 2 Will Reuse Unseen Musical Footage
• Neutral Sentiment: Management endorsed the proposed Paramount-Warner Bros. Discovery merger. CEO Jon Feltheimer said a larger Paramount+ could be a better customer or strategic partner for Lionsgate and that reducing industry uncertainty would benefit the business. However, the merger is not a transaction involving LION and its outcome remains uncertain. Paramount-WBD Deal Endorsed by Lionsgate CEO
• Negative Sentiment: Lionsgate still posted a statutory loss. Net loss from continuing operations attributable to shareholders was $28.8 million, or $0.10 per diluted share. The company’s improving adjusted profitability therefore remains dependent on sustained box-office and content performance. Lionsgate Still in Red Despite Revenue Growth

Wall Street Analyst Weigh In

LION has been the subject of a number of recent research reports. Barrington Research lifted their price objective on Lionsgate Studios from $14.50 to $17.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 26th. Citigroup cut shares of Lionsgate Studios from a "buy" rating to a "neutral" rating and raised their price target for the stock from $11.00 to $12.60 in a research note on Monday, April 20th. Weiss Ratings reissued a "sell (d-)" rating on shares of Lionsgate Studios in a research report on Friday, July 17th. Seaport Research Partners reissued a "buy" rating and set a $17.00 price objective on shares of Lionsgate Studios in a research note on Friday. Finally, B. Riley Financial started coverage on shares of Lionsgate Studios in a research report on Wednesday, July 1st. They set a "neutral" rating and a $17.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.70.

Lionsgate Studios Price Performance

Lionsgate Studios stock opened at $12.96 on Friday. Lionsgate Studios Corp. has a 12-month low of $5.69 and a 12-month high of $16.70. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of -30.86 and a beta of 0.72. The firm's fifty day moving average price is $14.05 and its 200 day moving average price is $11.73.

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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