Jefferies Group LLC restated their hold rating on shares of Madison Square Garden Co (NYSE:MSG) in a report published on Tuesday.

A number of other equities analysts have also weighed in on MSG. Zacks Investment Research raised shares of Madison Square Garden from a sell rating to a hold rating in a research note on Tuesday, January 10th. Macquarie reaffirmed a hold rating and set a $182.00 target price on shares of Madison Square Garden in a research note on Monday, February 6th. Guggenheim raised shares of Madison Square Garden from a neutral rating to a buy rating in a research note on Saturday, December 10th. Albert Fried & Company reaffirmed a hold rating on shares of Madison Square Garden in a research note on Wednesday, January 11th. Finally, Loop Capital downgraded shares of Madison Square Garden from a hold rating to a sell rating in a research note on Friday, December 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Madison Square Garden currently has a consensus rating of Buy and an average target price of $207.64.

Shares of Madison Square Garden (NYSE:MSG) opened at 199.58 on Tuesday. The stock’s market capitalization is $4.78 billion. The stock has a 50 day moving average price of $198.38 and a 200 day moving average price of $178.71. Madison Square Garden has a 52 week low of $156.01 and a 52 week high of $206.60.

Madison Square Garden (NYSE:MSG) last announced its earnings results on Friday, February 3rd. The company reported $2.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.02 by $0.37. Madison Square Garden had a negative net margin of 7.63% and a negative return on equity of 2.55%. The business had revenue of $445.20 million for the quarter, compared to analyst estimates of $440.08 million. During the same quarter last year, the business earned $1.74 earnings per share. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, equities research analysts expect that Madison Square Garden will post ($0.75) EPS for the current year.

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In other Madison Square Garden news, SVP Joseph F. Yospe sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, March 10th. The shares were sold at an average price of $204.17, for a total transaction of $306,255.00. Following the completion of the transaction, the senior vice president now owns 7,433 shares in the company, valued at approximately $1,517,595.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 18.64% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of MSG. State of Alaska Department of Revenue boosted its position in Madison Square Garden by 4.6% in the first quarter. State of Alaska Department of Revenue now owns 2,306 shares of the company’s stock valued at $460,000 after buying an additional 102 shares during the period. Telemus Capital LLC purchased a new position in Madison Square Garden during the first quarter valued at approximately $1,389,000. CGOV Asset Management purchased a new position in Madison Square Garden during the first quarter valued at approximately $266,000. Bank of Montreal Can boosted its position in Madison Square Garden by 5.5% in the first quarter. Bank of Montreal Can now owns 20,258 shares of the company’s stock valued at $4,045,000 after buying an additional 1,050 shares during the period. Finally, Norman Fields Gottscho Capital Management LLC boosted its position in Madison Square Garden by 4.5% in the first quarter. Norman Fields Gottscho Capital Management LLC now owns 19,252 shares of the company’s stock valued at $3,845,000 after buying an additional 828 shares during the period. Institutional investors own 86.31% of the company’s stock.

About Madison Square Garden

The Madison Square Garden Company is a holding company, which is engaged in live experiences consisting of celebrated venues, 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 (the Knicks) of the National Basketball Association (the NBA), the New York Rangers (the Rangers) of the National Hockey League (the NHL), the New York Liberty (the Liberty) of the Women’s National Basketball Association (the WNBA), the Hartford Wolf Pack of the American Hockey League (the AHL), which is the primary player development team for the Rangers, and the Westchester Knicks, an NBA Development League team.

5 Day Chart for NYSE:MSG

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