The Pension Plan Investment Board of Canada holds a position of $ 3.23 million at the Madison Square Garden Company (NYSE: MSG) – tech2.org

The Pension Plan Investment Board of Canada holds a position of $ 3.23 million at the Madison Square Garden Company (NYSE: MSG)



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  The Madison Square Garden logo "title =" The Madison Square Garden logo "clbad =" companylogo "/> The Canadian Pension Plan Investment Board increased its position in shares of The Madison Square Garden Company (NYSE) : MSG) at 1,192.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.The fund held 15,066 shares of the company after buying 13,900 additional shares during the period. Canada's Pension Plan owned approximately 0.08% of The Madison Square Garden valued at $ 3,226,000 from its most recent filing with the SEC. </p>
<p>  Several other large investors have also recently modified their holdings of MSG. Holdings in The Madison Square Garden at 13,915.4% during the first quarter BlackRock Inc now owns 767,202 shares of the company valued at $ 153, 216,000 after buying 761,728 additional shares during the last quarter. Janus Henderson Group PLC bought a new position in T Madison Square Garden during the second quarter valued at around $ 75,632,000. Los Angeles Capital Management & Equity Research Inc. increased its holdings at The Madison Square Garden by 1,731.6% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 146,583 shares of the company valued at $ 28,862,000 after buying another 138,580 shares during the last quarter. Renaissance Technologies LLC increased its holdings at The Madison Square Garden by 100.0% during the second quarter. Renaissance Technologies LLC now owns 227,800 shares of the company with a value of $ 44,854,000 after buying 113,900 additional shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings at The Madison Square Garden by 45.8% during the second quarter. Goldman Sachs Group Inc. now owns 172,447 shares of the company valued at $ 33,955,000 after buying 54,191 additional shares during the last quarter. Institutional investors own 71.26% of the company's shares. </p>
<p>  Several stock badysts have commented on the stock. ValuEngine lowered the shares of The Madison Square Garden from a "suspension" rating to a "sale" rating in a research note on Friday. The Jefferies Group raised its target price in The Madison Square Garden stock from $ 185.00 to $ 200.00 and gave the stock a "suspension" rating in a research note on Friday, August 18. Loop Capital raised its target price in The Madison Square Garden stock from $ 266.00 to $ 268.00 and gave the stock a "buy" rating in a research note on Monday, November 6. Zacks Investment Research lowered the shares of The Madison Square Garden from a "suspension" rating to a "sale" rating in a research note on Tuesday, October 17. Finally, BTIG Research set a target price of $ 260.00 on the shares of The Madison Square Garden and granted the stock a "buy" rating on a research note on Monday, September 11. Two investment badysts have rated the stock with a sale rating, three have issued a suspension rating and seven have issued a purchase rating to the company. Madison Square Garden currently has an average "Hold" rating and an average target price of $ 217.78. </p>
<p>  Shares of The Madison Square Garden Company (NYSE: MSG) rose $ 0.42 on Friday, reaching $ 217.07. 152,133 shares of the shares traded, compared to its average volume of 255,800. The Madison Square Garden Company has a minimum of 52 weeks of $ 166.86 and a maximum of 52 weeks of $ 231.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.92 and a quick ratio of 1.92. </p>
<p>  Madison Square Garden (NYSE: MSG) last announced its quarterly earnings results on Friday, November 3. The company reported ($ 0.47) earnings per share for the quarter, exceeding the consensus estimate of ($ 0.65) by $ 0.18. Madison Square Garden had a negative net margin of 4.00% and a negative return on equity of 1.75%. The company had revenues of $ 245.04 million during the quarter, compared to badyst expectations of $ 237.06 million. During the same quarter of the previous year, the company won ($ 1.19) EPS. The company's revenue grew 34.9% compared to the same quarter last year. Equity badysts expect The Madison Square Garden Company to post 0.66 EPS for the current year. </p>
<p>  WARNING: This article was originally reported by The Ledger Gazette and is owned by The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and republished in violation of the copyright and trademark laws of the United States and internationally. The legal version of this article can be read at https://ledgergazette.com/2017/12/03/the-madison-square-garden-company-msg-shares-bought-by-canada-pension-plan-investment- board.html. </p>
<p>  <strong> About Madison Square Garden </strong> </p>
<p>  The Madison Square Garden Company is a holding company dedicated to live experiences consisting of celebrities, sports teams and entertainment productions. The company operates in two segments, which include MSG Entertainment and MSG Sports. The MSG Sports segment includes the company's professional sports franchises, which include the New York Knicks (Knicks) of the National Basketball Association (NBA), the New York Rangers (Rangers) of the National Hockey League (NHL), the New York Liberty (Liberty) of the National Women's Basketball Association (WNBA), the Hartford Wolf Pack of the American Hockey League (AHL), which is the Rangers' main player development team, and Westchester Knicks, a NBA Team of the Development League. <!--ViewCount:type=f&id=2820416--></p>
<p style=  Institutional Property for Quarter for Madison Square Garden (NYSE: MSG) "title =" Institutional Property for Quarter for Madison Square Garden (NYSE: MSG) "/> </p>
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