18 July, 2017
Want to see what other hedge funds are holding MSGN? Teacher Retirement System of Texas' holdings in The Madison Square Garden Company were worth $286,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Westside Investment Management Inc. increased its position in shares of The Madison Square Garden by 137.3% in the first quarter. American Century Companies Inc. now owns 944,560 shares of the company's stock valued at $22,055,000 after buying an additional 749,451 shares during the period. Janney Montgomery Scott LLC now owns 1,666 shares of the company's stock worth $333,000 after buying an additional 166 shares in the last quarter. Finally, Telemus Capital LLC acquired a new stake in The Madison Square Garden during the first quarter worth $1,389,000. Janney Montgomery Scott LLC now owns 1,666 shares of the company's stock worth $333,000 after buying an additional 166 shares in the last quarter. Mckinley Capital Management LLC Delaware raised its stake in MSG Networks by 0.6% in the first quarter. The firm owned 64,459 shares of the company's stock after buying an additional 756 shares during the period. CGOV Asset Management acquired a new stake in The Madison Square Garden during the first quarter worth $266,000. Acadian Asset Management LLC now owns 76,703 shares of the company's stock worth $15,320,000 after buying an additional 76,648 shares in the last quarter. About shares traded. KCG Holdings, Inc. The firm's market cap is $4.63 billion. The Madison Square Garden has a 52 week low of $160.96 and a 52 week high of $206.60. Presently, the 200-day moving average is at 184.06 and the 50-day is 196.85.
The Madison Square Garden Company (NYSE:MSG) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.01. The business had revenue of $386 million during the quarter, compared to analyst estimates of $365.57 million. The 14-day RSI for Madison Square Garden Co (MSG) is now at 51.37, the 7-day stands at 55.94, and the 3-day is sitting at 73.48. The business's revenue for the quarter was up 14.8% compared to the same quarter previous year. They expect $0.51 earnings per share, down 10.53% or $0.06 from last year's $0.57 per share.
ILLEGAL ACTIVITY NOTICE: This piece was posted by BNB Daily and is the sole property of of BNB Daily. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws. The original version of this article can be read at https://www.chaffeybreeze.com/2017/07/17/the-madison-square-garden-company-nysemsg-stake-boosted-by-norman-fields-gottscho-capital-management-llc-updated.html. Bank of America reinitiated the shares of MSGN in report on Tuesday, January 31 with "Buy" rating. Macquarie downgraded MSG Networks from an "outperform" rating to a "neutral" rating and set a $26.00 price target on the stock.in a research report on Wednesday, April 5th. Citigroup Inc. decreased their price objective on The Madison Square Garden from $102.00 to $93.00 and set a "buy" rating for the company in a report on Monday, May 15th.
The share price of MSG Networks (NYSE:MSGN) was up +1.30% during the last day of trading, with a day high of 23.30. Finally, J P Morgan Chase & Co reiterated an "overweight" rating and issued a $245.00 price objective on shares of The Madison Square Garden Company in a research note on Thursday, April 20th.
A number of equities analysts have recently issued reports on the company. The company has a consensus rating of "Hold" and a consensus target price of $24.22.
About MSG Networks MSG Networks Inc, formerly The Madison Square Garden Company, is engaged in sports production, and content development and distribution. The Company owns and operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+, collectively MSG Networks.