The stock of Starz (NASDAQ:STRZA) is a huge mover today! About 799,853 shares traded hands. Starz (NASDAQ:STRZA) has risen 18.34% since April 4, 2016 and is uptrending. It has outperformed by 17.25% the S&P500.
The move comes after 5 months positive chart setup for the $3.24B company. It was reported on Nov, 4 by Barchart.com. We have $39.09 PT which if reached, will make NASDAQ:STRZA worth $745.20 million more.
Starz (NASDAQ:STRZA) Ratings Coverage
Out of 11 analysts covering Starz (NASDAQ:STRZA), 5 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 45% are positive. Starz has been the topic of 15 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Gabelli on Monday, March 14. The stock of Starz (NASDAQ:STRZA) has “Underperform” rating given on Friday, October 30 by CLSA. The company was upgraded on Friday, April 29 by Pivotal Research. The rating was upgraded by Macquarie Research to “Outperform” on Friday, June 17. The stock of Starz (NASDAQ:STRZA) has “Neutral” rating given on Thursday, September 17 by Macquarie Research. The firm has “Hold” rating by Drexel Hamilton given on Thursday, January 14. FBN Securities upgraded the stock to “Sector Perform” rating in Thursday, August 6 report. The company was upgraded on Friday, October 28 by Stifel Nicolaus. The rating was downgraded by Credit Agricole on Friday, October 30 to “Underperform”. The stock of Starz (NASDAQ:STRZA) earned “Hold” rating by Brean Capital on Tuesday, September 6.
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.”
Insitutional Activity: The institutional sentiment decreased to 1.14 in Q2 2016. Its down 0.03, from 1.17 in 2016Q1. The ratio worsened, as 39 funds sold all Starz shares owned while 79 reduced positions. 55 funds bought stakes while 79 increased positions. They now own 70.24 million shares or 1.63% less from 71.40 million shares in 2016Q1.
Babson Capital Management Llc last reported 0.08% of its portfolio in the stock. Palladium Prtn Lc last reported 8,428 shares in the company. Boston reported 1.76M shares or 0.08% of all its holdings. Tarbox Grp has 25 shares for 0% of their US portfolio. First Personal Ser has 0.03% invested in the company for 2,501 shares. Gotham Asset Mgmt Ltd Liability Company holds 0.14% of its portfolio in Starz (NASDAQ:STRZA) for 376,864 shares. York Cap Glob Ltd Liability Com holds 1.07% of its portfolio in Starz (NASDAQ:STRZA) for 1.43 million shares. First Manhattan Co has invested 0.02% of its portfolio in Starz (NASDAQ:STRZA). Centurylink Investment Management, a Colorado-based fund reported 57,043 shares. Glenmede Trust Na has 1,725 shares for 0% of their US portfolio. Suntrust Banks accumulated 28,313 shares or 0.01% of the stock. First Republic Investment Management Incorporated last reported 0% of its portfolio in the stock. Tortoise Invest Mgmt Lc has 67 shares for 0% of their US portfolio. Susquehanna International Grp Limited Liability Partnership last reported 239,251 shares in the company. Utah Retirement Systems last reported 15,295 shares in the company.
Insider Transactions: Since May 9, 2016, the stock had 0 insider purchases, and 3 selling transactions for $183,138 net activity. Sanchez Daniel E. also sold $55,806 worth of Starz (NASDAQ:STRZA) shares. Lyne Susan M had sold 1,000 shares worth $31,327. SAGANSKY JEFFREY sold $96,005 worth of Starz (NASDAQ:STRZA) on Monday, May 9.
More important recent Starz (NASDAQ:STRZA) news were published by: Denverpost.com which released: “Douglas County-based Starz cuts 50 jobs following rebrand with Encore” on November 03, 2016, also Bizjournals.com published article titled: “Starz lays off employees as part of streamlining”, Prnewswire.com published: “SintecMedia Works with Starz to Implement IBMS” on November 03, 2016. More interesting news about Starz (NASDAQ:STRZA) was released by: Thewrap.com and their article: “Starz Adds 300000 Q3 Subscribers But Whiffs on Earnings” with publication date: October 27, 2016.
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.
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