Guggenheim Reaffirms World Wrestling (NYSE:WWE) As a “Buy”; They Now Have a PT Of $105.0000

World Wrestling Entertainment, Inc. (NYSE:WWE) Logo

Investors sentiment decreased to 1.49 in 2018 Q2. Its down 0.44, from 1.93 in 2018Q1. It fall, as 16 investors sold World Wrestling Entertainment, Inc. shares while 59 reduced holdings. 47 funds opened positions while 65 raised stakes. 46.30 million shares or 2.98% more from 44.96 million shares in 2018Q1 were reported.

Jpmorgan Chase And owns 934,080 shares for 0.01% of their portfolio. Sector Pension Invest Board holds 0.01% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE) for 25,931 shares. Thrivent For Lutherans holds 0.01% or 27,438 shares in its portfolio. California Pub Employees Retirement Sys reported 0.01% stake. Texas Permanent School Fund reported 25,814 shares. Aristotle Cap Boston Ltd owns 322,264 shares. Moreover, First Republic Inv Inc has 0% invested in World Wrestling Entertainment, Inc. (NYSE:WWE). Impact Limited Liability Company holds 31,932 shares. Rhumbline Advisers has 0.01% invested in World Wrestling Entertainment, Inc. (NYSE:WWE). Lord Abbett Ltd Liability holds 1.53M shares. Product Ltd Liability invested in 8,821 shares. Pinnacle Associate accumulated 734,519 shares or 1.1% of the stock. Hbk Investments Limited Partnership owns 179,500 shares for 0.12% of their portfolio. Susquehanna Group Llp has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Bancorp Of Nova Scotia holds 0.02% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE) for 38,000 shares.

Since August 16, 2018, it had 0 insider purchases, and 10 sales for $20.68 million activity. $352,385 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) was sold by SPEED JEFFREY R on Friday, August 24. The insider DUNN KEVIN sold 25,000 shares worth $2.17M. Another trade for 37,500 shares valued at $2.44 million was made by Barrios George A. on Tuesday, November 27. $220,100 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) was sold by Kowal Mark on Friday, September 14.

World Wrestling (NYSE:WWE) Rating Reaffirmed

In a note revealed this morning, Guggenheim reaffirmed their “Buy” rating on World Wrestling (NYSE:WWE) shares. The price target means a possible upside of 41.97 % from firm’s stock close price.

World Wrestling Entertainment, Inc. (NYSE:WWE) Ratings Coverage

Among 7 analysts covering World Wrestling Enter (NYSE:WWE), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. World Wrestling Enter has $10500 highest and $69 lowest target. $86.57’s average target is 17.05% above currents $73.96 stock price. World Wrestling Enter had 11 analyst reports since June 4, 2018 according to SRatingsIntel. As per Friday, July 27, the company rating was maintained by JP Morgan. The firm has “Overweight” rating given on Friday, November 30 by JP Morgan. The stock has “Outperform” rating by Wells Fargo on Friday, June 15. The rating was maintained by Citigroup with “Neutral” on Thursday, June 28. Citigroup maintained World Wrestling Entertainment, Inc. (NYSE:WWE) on Monday, October 29 with “Neutral” rating. The company was maintained on Monday, June 4 by KeyBanc Capital Markets. Morgan Stanley maintained the shares of WWE in report on Friday, July 13 with “Overweight” rating. The stock has “Overweight” rating by Morgan Stanley on Tuesday, October 30. As per Wednesday, November 28, the company rating was maintained by Guggenheim. The firm has “Neutral” rating given on Monday, August 27 by Citigroup.

The stock increased 2.61% or $1.88 during the last trading session, reaching $73.96. About 2.81 million shares traded or 135.72% up from the average. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 293.46% since December 2, 2017 and is uptrending. It has outperformed by 277.84% the S&P500.

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has market cap of $5.77 billion. The firm operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios divisions. It has a 100.9 P/E ratio. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets.

More notable recent World Wrestling Entertainment, Inc. (NYSE:WWE) news were published by: Benzinga.com which released: “WWE’s Stock Is On Fire (NYSE:WWE) – Benzinga” on July 16, 2018, also Benzinga.com with their article: “WWE’s Volatile Week: Rousey Reigns, Cena Backs Out, Hogan Returns (NYSE:WWE) – Benzinga” published on November 02, 2018, Finance.Yahoo.com published: “Why WWE Stock Is Falling Today – Yahoo Finance” on October 02, 2018. More interesting news about World Wrestling Entertainment, Inc. (NYSE:WWE) were released by: Fool.com and their article: “4 Unlikely Stocks Cutting You a Dividend Check – The Motley Fool” published on November 11, 2018 as well as Businesswire.com‘s news article titled: “Chicago to Host WWE® Survivor Series® in 2019 – Business Wire” with publication date: November 19, 2018.

World Wrestling Entertainment, Inc. (NYSE:WWE) Institutional Positions Chart

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