Starz Entertainment Corp. $STRZ Stock Holdings Increased by NewEdge Wealth LLC

NewEdge Wealth LLC boosted its position in Starz Entertainment Corp. (NASDAQ:STRZ) by 15.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 710,862 shares of the company’s stock after buying an additional 95,245 shares during the quarter. NewEdge Wealth LLC’s holdings in Starz Entertainment were worth $8,317,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in Starz Entertainment in the second quarter valued at about $28,000. Advisory Services Network LLC bought a new position in shares of Starz Entertainment during the third quarter valued at approximately $36,000. BNP Paribas Financial Markets grew its holdings in shares of Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock valued at $37,000 after purchasing an additional 1,274 shares during the last quarter. Legal & General Group Plc bought a new position in shares of Starz Entertainment during the second quarter valued at approximately $41,000. Finally, New York State Common Retirement Fund bought a new position in shares of Starz Entertainment during the second quarter valued at approximately $48,000.

Starz Entertainment Price Performance

NASDAQ:STRZ opened at $19.79 on Monday. The firm has a market capitalization of $331.09 million and a PE ratio of -1.18. The stock has a 50 day moving average of $14.73 and a 200-day moving average of $12.11. Starz Entertainment Corp. has a 52 week low of $8.40 and a 52 week high of $22.98. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.92.

More Starz Entertainment News

Here are the key news stories impacting Starz Entertainment this week:

• Positive Sentiment: Morgan Stanley raised its price target on Starz Entertainment to $21 from $20, signaling modest upside from current levels and reflecting ongoing analyst interest in the stock.
• Positive Sentiment: Starz reported positive operating cash flow, with management saying OTT revenue grew sequentially and that it is accelerating its margin-expansion timeline, now targeting 20% adjusted OIBDA margin by the second half of 2027, one year earlier than previously guided. Article Title
• Positive Sentiment: The company also announced new programming moves, including a premiere date for The Listeners and a new greenlit original, which could support subscriber engagement over time.
• Neutral Sentiment: Starz said it exited its pay-2 deal with Universal as it continues reviewing content spending, a strategic step aimed at improving economics but not an immediate revenue catalyst. Article Title
• Negative Sentiment: Q1 earnings missed expectations badly, with EPS of -$9.83 versus estimates of -$0.85, and revenue fell 7.2% year over year to $306.9 million, pressuring sentiment on the stock. Article Title
• Negative Sentiment: Streaming and linear revenue both declined, and the wider quarterly loss underscores that Starz is still working through subscriber and content-cost challenges despite its improved cash flow profile.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on STRZ shares. Morgan Stanley upped their target price on Starz Entertainment from $20.00 to $21.00 and gave the company an “equal weight” rating in a report on Friday. Raymond James Financial reaffirmed an “outperform” rating and set a $29.00 target price on shares of Starz Entertainment in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Starz Entertainment in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $23.00.

Insider Activity

In other news, major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $13.86, for a total transaction of $25,000,473.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 22.62% of the company’s stock.

Starz Entertainment Company Profile

Starz Entertainment (NASDAQ: STRZ) is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company’s core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.

At the heart of Starz Entertainment’s business is its investment in original content production.