Citigroup Gives Live Nation Entertainment (LYV) Lower Rating; Davis Selected Advisers Cut Its Avalonbay Communities (AVB) Holding

Among 14 analysts covering Live Nation (NYSE:LYV), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Live Nation has $47.0 highest and $30.0 lowest target. $41.29’s average target is -4.20% below currents $43.1 stock price. Live Nation had 22 analyst reports since September 18, 2015 according to SRatingsIntel. Citigroup downgraded the shares of LYV in report on Friday, December 22 to “Hold” rating. The firm has “Neutral” rating given on Monday, June 19 by Northcoast. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) earned “Buy” rating by Macquarie Research on Wednesday, August 9. The rating was maintained by Citigroup with “Buy” on Wednesday, October 12. The rating was upgraded by Northcoast on Monday, May 2 to “Buy”. The rating was initiated by Stephens with “Equal-Weight” on Thursday, October 6. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) has “Overweight” rating given on Friday, October 30 by Albert Fried. Jefferies maintained Live Nation Entertainment, Inc. (NYSE:LYV) rating on Thursday, November 2. Jefferies has “Buy” rating and $46.0 target. Jefferies maintained it with “Buy” rating and $3600 target in Monday, June 5 report. Citigroup initiated it with “Buy” rating and $30.0 target in Thursday, October 8 report.

Davis Selected Advisers decreased Avalonbay Communities Inc. (AVB) stake by 26.65% reported in 2017Q3 SEC filing. Davis Selected Advisers sold 30,510 shares as Avalonbay Communities Inc. (AVB)’s stock rose 7.12%. The Davis Selected Advisers holds 83,991 shares with $14.99 million value, down from 114,501 last quarter. Avalonbay Communities Inc. now has $24.24B valuation. The stock decreased 1.17% or $2.07 during the last trading session, reaching $175.55. About 540,042 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since December 22, 2016 and is uptrending. It has underperformed by 10.04% the S&P500.

Investors sentiment increased to 1.54 in Q3 2017. Its up 0.11, from 1.43 in 2017Q2. It increased, as 23 investors sold Live Nation Entertainment, Inc. shares while 89 reduced holdings. 65 funds opened positions while 107 raised stakes. 135.10 million shares or 4.62% more from 129.13 million shares in 2017Q2 were reported. Jacobs Levy Equity Mngmt invested 0.24% of its portfolio in Live Nation Entertainment, Inc. (NYSE:LYV). Chicago Equity Prns Ltd Liability holds 197,455 shares or 0.27% of its portfolio. Bb&T Corporation reported 0.15% in Live Nation Entertainment, Inc. (NYSE:LYV). Natixis invested in 8,813 shares. Cibc Asset Management invested in 6,898 shares. First Republic Mgmt Inc, California-based fund reported 9,881 shares. Royal Retail Bank Of Canada invested 0% of its portfolio in Live Nation Entertainment, Inc. (NYSE:LYV). Concourse Mngmt Ltd Liability Corp reported 1.57% stake. Blackrock holds 0.02% or 11.11M shares in its portfolio. State Treasurer State Of Michigan holds 50,400 shares or 0.02% of its portfolio. Wells Fargo Mn reported 2.16M shares. American Gp Inc reported 0.04% of its portfolio in Live Nation Entertainment, Inc. (NYSE:LYV). Liberty Mutual Group Asset Mgmt accumulated 34,937 shares. Moreover, Advantus Inc has 0.02% invested in Live Nation Entertainment, Inc. (NYSE:LYV) for 16,941 shares. Victory Inc accumulated 1.26 million shares or 0.12% of the stock.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company has market cap of $8.91 billion. The firm operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation divisions. It has a 633.82 P/E ratio. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content.

Since September 8, 2017, it had 0 buys, and 2 insider sales for $719,350 activity. Capo Brian sold $303,750 worth of stock. Shares for $415,600 were sold by Emanuel Ariel.

Analysts await Live Nation Entertainment, Inc. (NYSE:LYV) to report earnings on February, 22. They expect $-0.48 EPS, up 17.24% or $0.10 from last year’s $-0.58 per share. After $0.53 actual EPS reported by Live Nation Entertainment, Inc. for the previous quarter, Wall Street now forecasts -190.57% negative EPS growth.

The stock decreased 0.62% or $0.27 during the last trading session, reaching $43.1. About 1.06M shares traded. Live Nation Entertainment, Inc. (NYSE:LYV) has risen 52.18% since December 22, 2016 and is uptrending. It has outperformed by 35.48% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 3 insider sales for $5.26 million activity. Shares for $273,975 were sold by Breslin Sean J.. $365,500 worth of stock was sold by HOREY LEO S III on Monday, December 11. Another trade for 25,160 shares valued at $4.63 million was sold by NAUGHTON TIMOTHY J.

Davis Selected Advisers increased Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) stake by 763,181 shares to 4.16 million valued at $89.79M in 2017Q3. It also upped Wells Fargo & Co. (NYSE:WFC) stake by 368,667 shares and now owns 26.34M shares. Dxc Technology Co. was raised too.

Among 25 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 12 Hold. Therefore 48% are positive. Avalonbay Communities Inc. had 69 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, May 30, the company rating was maintained by Jefferies. The rating was maintained by Deutsche Bank on Wednesday, November 18 with “Buy”. The stock of AvalonBay Communities, Inc. (NYSE:AVB) earned “Hold” rating by KeyBanc Capital Markets on Monday, October 23. On Thursday, April 14 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm earned “Hold” rating on Sunday, August 20 by Jefferies. On Friday, October 20 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was downgraded on Wednesday, April 19 by JMP Securities. The firm has “Outperform” rating given on Tuesday, May 3 by RBC Capital Markets. The stock of AvalonBay Communities, Inc. (NYSE:AVB) earned “Buy” rating by Zacks on Thursday, August 27. Stifel Nicolaus maintained AvalonBay Communities, Inc. (NYSE:AVB) rating on Wednesday, November 1. Stifel Nicolaus has “Buy” rating and $200 target.