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Institutional Investors Buy 1.42M Paramount Skydance Shares Ahead of Dividend

Paramount Skydance logoParamount Skydance
Sig1.55Sen-0.85Env0.00Soc0.00Gov0.00

An institutional investor purchased 1,420,123 shares of Paramount Skydance, valued at about $14.0 million. LTS Liquid Investments LLC increased its stake to 2,030,591 shares worth roughly $18.3 million. Institutional and hedge funds hold 73% of the stock. The company disclosed a quarterly dividend to be paid Oct. 1, with a 68.97% payout ratio, while the stock fell 3.3% and analysts’ views were mixed.

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