Live Stock Coverage: Institutional Investors Are Dumping Starz (NASDAQ:STRZA)

November 30, 2016 - By Hazel Jackson   ·   0 Comments

Live Stock Coverage: Institutional Investors Are Dumping Starz (NASDAQ:STRZA)

Sentiment for Starz (NASDAQ:STRZA)

Starz (NASDAQ:STRZA) institutional sentiment decreased to 0.63 in Q2 2016. Its down -0.51, from 1.14 in 2016Q1. The ratio dived, as 134 active investment managers increased or started new equity positions, while 118 sold and decreased equity positions in Starz. The active investment managers in our partner’s database now own: 70.24 million shares, down from 71.40 million shares in 2016Q1. Also, the number of active investment managers holding Starz in their top 10 equity positions was flat from 7 to 7 for the same number . Sold All: 39 Reduced: 79 Increased: 79 New Position: 55.

Starz is an integrated media and entertainment company. The company has a market cap of $3.47 billion. The Firm provides subscription video programming in the United States to cable operators, satellite television providers, telecommunications companies and online video providers. It has a 18.89 P/E ratio. The Company’s divisions include Starz Networks and Starz Distribution.

About 1.06M shares traded hands. Starz (NASDAQ:STRZA) has risen 35.06% since April 27, 2016 and is uptrending. It has outperformed by 29.83% the S&P500.

Analysts await Starz (NASDAQ:STRZA) to report earnings on February, 23. They expect $0.59 EPS, up 126.92% or $0.33 from last year’s $0.26 per share. STRZA’s profit will be $60.21M for 14.41 P/E if the $0.59 EPS becomes a reality. After $0.34 actual EPS reported by Starz for the previous quarter, Wall Street now forecasts 73.53% EPS growth.

According to Zacks Investment Research, “Starz – Liberty Capital is a global media and entertainment company. Its operating units consist of Starz Channels, Starz Distribution and Starz Animation. Starz Channels is a provider of premium subscription video programming through the flagship STARZ(R) and ENCORE(R) pay TV networks. Starz Distribution develops, produces and acquires entertainment content, distributing it to consumers globally on DVD, digital formats and traditional television. Starz Animation produces animated TV and movie content for studios, networks, distributors and audiences worldwide. Starz – Liberty Capital, formerly known as Liberty Media Corporation, is based in Englewood, United States.”

Ratan Capital Management Lp holds 19.13% of its portfolio in Starz for 1.29 million shares. Ibis Capital Partners Llp owns 597,597 shares or 7.43% of their US portfolio. Moreover, Adi Capital Management Llc has 5.74% invested in the company for 249,313 shares. The Manitoba – Canada-based Sarbit Advisory Services Inc. has invested 4.16% in the stock. Horizon Kinetics Llc, a New York-based fund reported 4.84 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 2 insider sales for $13.03 million net activity.

Starz (NASDAQ:STRZA) Ratings Coverage

Ratings analysis reveals 45% of Starz’s analysts are positive. Out of 11 Wall Street analysts rating Starz, 5 give it “Buy”, 2 “Sell” rating, while 4 recommend “Hold”. The lowest target is $34.0 while the high is $40. The stock’s average target of $36.25 is 6.62% above today’s ($34) share price. STRZA was included in 15 notes of analysts from July 30, 2015. The company was upgraded on Friday, October 28 by Stifel Nicolaus. As per Monday, March 14, the company rating was initiated by Gabelli. The rating was upgraded by Credit Agricole to “Buy” on Thursday, July 30. The company was upgraded on Friday, April 29 by Pivotal Research. The firm earned “Sector Perform” rating on Thursday, August 6 by FBN Securities. The firm has “Outperform” rating by Macquarie Research given on Friday, June 17. The firm has “Hold” rating given on Tuesday, September 6 by Brean Capital. The firm has “Hold” rating given on Friday, October 30 by Pivotal Research. The firm has “Underperform” rating given on Friday, October 30 by Credit Agricole. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, August 3.

STRZA Company Profile

Starz, incorporated on May 7, 2007, is an integrated media and entertainment company. The Firm provides subscription video programming in the United States to cable operators, satellite television providers, telecommunications companies and online video providers. The Company’s divisions include Starz Networks and Starz Distribution. It also develops, produces and acquires entertainment content and distributes this content to clients in the United States and throughout the world. The Company’s business are conducted by its subsidiaries Starz, LLC, Starz Entertainment, LLC (Starz Entertainment), Starz Media Group, LLC (Starz Media) and certain other subsidiaries.

More news for Starz (NASDAQ:STRZA) were recently published by: Techcrunch.com, which released: “Spotify brings soundtracks to Starz’ video streaming app” on November 29, 2016. Multichannel.com‘s article titled: “Starz Play Arabia Nets More Funding” and published on November 14, 2016 is yet another important article.

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By Hazel Jackson

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