Credit Suisse Nassau Brh (ZIV) Market Valuation Rose While Virtu Financial Has Increased Stake by $2.03 Million; As Live Nation Entertainment In (LYV) Share Price Rose, Axel Capital Management Lifted Its Stake

February 15, 2018 - By Winifred Garcia

Anna Nikolayevsky increased its stake in Live Nation Entertainment In (LYV) by 22.31% based on its latest 2017Q3 regulatory filing with the SEC. Axel Capital Management Llc bought 29,000 shares as the company’s stock rose 14.05% with the market. The hedge fund run by Anna Nikolayevsky held 159,000 shares of the consumer services company at the end of 2017Q3, valued at $6.92M, up from 130,000 at the end of the previous reported quarter. Axel Capital Management Llc who had been investing in Live Nation Entertainment In for a number of months, seems to be bullish on the $9.37B market cap company. The stock increased 2.60% or $1.15 during the last trading session, reaching $45.31. About 1.43 million shares traded. Live Nation Entertainment, Inc. (NYSE:LYV) has risen 52.18% since February 15, 2017 and is uptrending. It has outperformed by 35.48% the S&P500.

Virtu Financial Llc increased its stake in Credit Suisse Nassau Brh (ZIV) by 212.37% based on its latest 2017Q3 regulatory filing with the SEC. Virtu Financial Llc bought 27,126 shares as the company’s stock rose 12.23% with the market. The institutional investor held 39,899 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $2.99 million, up from 12,773 at the end of the previous reported quarter. Virtu Financial Llc who had been investing in Credit Suisse Nassau Brh for a number of months, seems to be bullish on the $219.86M market cap company. The stock increased 2.23% or $1.49 during the last trading session, reaching $68.43. About 116,214 shares traded. VelocityShares Daily Inverse VIX MT ETN (NASDAQ:ZIV) has risen 65.76% since February 15, 2017 and is uptrending. It has outperformed by 49.06% the S&P500.

Virtu Financial Llc, which manages about $618.84M US Long portfolio, decreased its stake in Currencyshs Japanese Yen Tr (FXY) by 37,567 shares to 75,697 shares, valued at $6.46 million in 2017Q3, according to the filing. It also reduced its holding in Tallgrass Energy Partners Lp (NYSE:TEP) by 17,015 shares in the quarter, leaving it with 8,598 shares, and cut its stake in Mplx Lp (NYSE:MPLX).

Among 14 analysts covering Live Nation (NYSE:LYV), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Live Nation had 23 analyst reports since September 18, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Albert Fried on Friday, October 30. The firm has “Hold” rating given on Friday, December 22 by Citigroup. Jefferies maintained Live Nation Entertainment, Inc. (NYSE:LYV) rating on Monday, October 16. Jefferies has “Buy” rating and $42.0 target. The firm earned “Buy” rating on Thursday, November 2 by Jefferies. On Monday, November 20 the stock rating was downgraded by Evercore to “In-Line”. The rating was maintained by Citigroup on Wednesday, October 12 with “Buy”. The rating was maintained by Guggenheim on Wednesday, January 10 with “Buy”. The firm has “Buy” rating given on Thursday, October 8 by Citigroup. Stephens initiated the stock with “Equal-Weight” rating in Thursday, October 6 report. Stephens upgraded the shares of LYV in report on Tuesday, November 8 to “Overweight” rating.

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