Liberty Media Corporation (FWONK) Holdings Lifted by Stockbridge Partners LLC

Stockbridge Partners LLC grew its stake in shares of Liberty Media Corporation (NASDAQ:FWONK) by 62.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,338,770 shares of the company’s stock after acquiring an additional 898,909 shares during the period. Liberty Media comprises approximately 4.5% of Stockbridge Partners LLC’s holdings, making the stock its 11th biggest position. Stockbridge Partners LLC owned 1.09% of Liberty Media worth $89,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in FWONK. Vantage Investment Advisors LLC acquired a new position in shares of Liberty Media in the 2nd quarter valued at about $113,000. Massey Quick Simon & CO. LLC acquired a new position in shares of Liberty Media in the 3rd quarter valued at about $161,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Liberty Media in the 2nd quarter valued at about $173,000. SG Americas Securities LLC acquired a new position in shares of Liberty Media in the 2nd quarter valued at about $183,000. Finally, D.A. Davidson & CO. acquired a new position in shares of Liberty Media in the 2nd quarter valued at about $188,000. 84.78% of the stock is owned by institutional investors.

Several research firms have recently commented on FWONK. J P Morgan Chase & Co began coverage on shares of Liberty Media in a report on Tuesday, October 3rd. They issued a “neutral” rating and a $38.00 price target for the company. Morgan Stanley lifted their price target on shares of Liberty Media from $37.00 to $39.00 and gave the company an “equal weight” rating in a report on Friday, October 20th. Zacks Investment Research lowered shares of Liberty Media from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America began coverage on shares of Liberty Media in a report on Thursday, September 28th. They issued a “buy” rating and a $45.00 price target for the company. Finally, Barclays lifted their price target on shares of Liberty Media from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $44.57.

Shares of Liberty Media Corporation (NASDAQ:FWONK) opened at $33.51 on Thursday. Liberty Media Corporation has a 52-week low of $27.55 and a 52-week high of $41.14.

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About Liberty Media

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

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Institutional Ownership by Quarter for Liberty Media (NASDAQ:FWONK)

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