Systematic Financial Management LP Makes New $420,000 Investment in Lionsgate Studios Corp. $LION

Systematic Financial Management LP acquired a new position in shares of Lionsgate Studios Corp. (NYSE:LION) in the 4th quarter, Holdings Channel.com reports. The firm acquired 46,000 shares of the company’s stock, valued at approximately $420,000.

Other hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. lifted its position in Lionsgate Studios by 4,852.0% during the second quarter. Osaic Holdings Inc. now owns 4,952 shares of the company’s stock worth $29,000 after acquiring an additional 4,852 shares during the last quarter. GAMMA Investing LLC lifted its position in Lionsgate Studios by 99.3% during the fourth quarter. GAMMA Investing LLC now owns 3,559 shares of the company’s stock worth $32,000 after acquiring an additional 1,773 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in Lionsgate Studios during the third quarter worth approximately $38,000. Newbridge Financial Services Group Inc. acquired a new stake in Lionsgate Studios during the fourth quarter worth approximately $55,000. Finally, Farther Finance Advisors LLC lifted its position in Lionsgate Studios by 4,457.3% during the fourth quarter. Farther Finance Advisors LLC now owns 5,970 shares of the company’s stock worth $55,000 after acquiring an additional 5,839 shares during the last quarter.

Lionsgate Studios Trading Down 0.5%

Shares of LION opened at $14.87 on Tuesday. Lionsgate Studios Corp. has a 12 month low of $5.55 and a 12 month high of $14.98. The firm’s 50 day moving average is $11.20 and its 200-day moving average is $9.44. The stock has a market capitalization of $4.32 billion, a PE ratio of -20.65 and a beta of 0.56.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on LION shares. Benchmark raised their price objective on shares of Lionsgate Studios from $12.00 to $15.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Wall Street Zen upgraded shares of Lionsgate Studios from a “sell” rating to a “hold” rating in a research report on Saturday. Seaport Research Partners restated a “buy” rating and set a $16.00 price objective on shares of Lionsgate Studios in a research report on Friday. Morgan Stanley raised their price objective on shares of Lionsgate Studios from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lionsgate Studios in a research report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.41.

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.