Napier Park Global Capital (us) Lp buys $4.9 Million stake in Lions Gate Entertainment Corp. (USA) (LGF)

Lions Gate Entertainment Corp. (USA) (LGF) : Napier Park Global Capital (us) Lp scooped up 83,332 additional shares in Lions Gate Entertainment Corp. (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 240,250 shares of Lions Gate Entertainment Corp. (USA) which is valued at $4.9 Million.Lions Gate Entertainment Corp. (USA) makes up approximately 1.92% of Napier Park Global Capital (us) Lp’s portfolio.

Other Hedge Funds, Including , Sarbit Advisory Services added LGF to its portfolio by purchasing 957,500 company shares during the most recent quarter which is valued at $19.5 Million. Lions Gate Entertainment Corp. (USA) makes up approx 3.42% of Sarbit Advisory Services’s portfolio. Hap Trading added LGF to its portfolio by purchasing 39,147 company shares during the most recent quarter which is valued at $795,467. Lions Gate Entertainment Corp. (USA) makes up approx 0.09% of Hap Trading’s portfolio.Blackrock Advisors boosted its stake in LGF in the latest quarter, The investment management firm added 191,429 additional shares and now holds a total of 437,265 shares of Lions Gate Entertainment Corp. (USA) which is valued at $8.9 Million. Lions Gate Entertainment Corp. (USA) makes up approx 0.01% of Blackrock Advisors’s portfolio.Norges Bank reduced its stake in LGF by selling 107,182 shares or 12.14% in the most recent quarter. The Hedge Fund company now holds 775,919 shares of LGF which is valued at $15.8 Million. Lions Gate Entertainment Corp. (USA) makes up approx 0.01% of Norges Bank’s portfolio.State Of New Jersey Common Pension Fund D reduced its stake in LGF by selling 400,000 shares or 24.39% in the most recent quarter. The Hedge Fund company now holds 1,240,000 shares of LGF which is valued at $27.5 Million. Lions Gate Entertainment Corp. (USA) makes up approx 0.12% of State Of New Jersey Common Pension Fund D’s portfolio.

Lions Gate Entertainment Corp. (USA) opened for trading at $19.72 and hit $20.08 on the upside on Wednesday, eventually ending the session at $19.76, with a gain of 0.20% or 0.04 points. The heightened volatility saw the trading volume jump to 39,20,723 shares. Company has a market cap of $2,964 M.

On the company’s financial health, Lions Gate Entertainment Corp. (USA) reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.20 according to the earnings call on May 25, 2016. Analyst had a consensus of $0.07. The company had revenue of $791.20 million for the quarter, compared to analysts expectations of $743.00 million. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on Lions Gate Entertainment Corp. (USA). Shares were Reiterated by Barrington Research on Apr 11, 2016 to “Outperform” and Lowered the Price Target to $ 28 from a previous price target of $30 .RBC Capital Mkts Initiated Lions Gate Entertainment Corp. (USA) on Apr 8, 2016 to “Sector Perform”, Price Target of the shares are set at $22.Pacific Crest Initiated Lions Gate Entertainment Corp. (USA) on Mar 29, 2016 to “Overweight”, Price Target of the shares are set at $27.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution television programming and syndication home entertainment digital distribution channel platforms and international distribution and sales. The Company operates through two segments: Motion Pictures and Television Production. The Company’s Motion Pictures segment consists of the development and production of feature films acquisition of North American and global distribution rights North American theatrical home entertainment and television distribution of feature films produced and acquired and global licensing of distribution rights to feature films produced and acquired. The Company’s Television Production segment consists of the development production and global distribution of television productions including television series television movies and mini-series and non-fiction programming.

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