5 Best Music Stocks to Invest in

4. Warner Music Group Corp. (NASDAQ:WMG)

Number of Q4 2023 Hedge Fund Shareholders: 35

Warner Music Group Corp. (NASDAQ:WMG) is one of the biggest American music companies. Headquartered in New York City, it is involved in artist development and music distribution. The shares are rated Buy on average, and the average analyst share price target is $37.27.

After digging through 933 hedge fund portfolios for their December quarter of 2023 shareholdings, Insider Monkey found that 35 had held a stake in the firm. Warner Music Group Corp. (NASDAQ:WMG)’s largest hedge fund investor is Scott W. Clark’s Darlington Partners Capital due to its $196 million stake.

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