Royal Bank of Canada lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA – Free Report) by 2,605.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,327 shares of the company’s stock after purchasing an additional 30,169 shares during the quarter. Royal Bank of Canada’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $2,870,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC increased its stake in Liberty Media Corporation – Liberty Live Series A by 14.9% during the 1st quarter. AQR Capital Management LLC now owns 9,907 shares of the company’s stock worth $666,000 after buying an additional 1,285 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Liberty Media Corporation – Liberty Live Series A in the 1st quarter valued at approximately $282,000. Goldman Sachs Group Inc. grew its stake in shares of Liberty Media Corporation – Liberty Live Series A by 16.8% in the first quarter. Goldman Sachs Group Inc. now owns 41,392 shares of the company’s stock worth $2,783,000 after acquiring an additional 5,945 shares in the last quarter. Quantbot Technologies LP grew its stake in shares of Liberty Media Corporation – Liberty Live Series A by 72.3% in the second quarter. Quantbot Technologies LP now owns 4,874 shares of the company’s stock worth $387,000 after acquiring an additional 2,045 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 23.0% during the second quarter. Invesco Ltd. now owns 27,675 shares of the company’s stock worth $2,200,000 after acquiring an additional 5,171 shares during the period. Hedge funds and other institutional investors own 25.07% of the company’s stock.
Analyst Upgrades and Downgrades
LLYVA has been the topic of several analyst reports. Zacks Research cut Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Friday, May 29th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Liberty Media Corporation – Liberty Live Series A Stock Up 0.8%
Shares of NASDAQ:LLYVA opened at $104.99 on Friday. The firm’s 50 day moving average price is $98.85 and its 200 day moving average price is $94.39. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of -23.18 and a beta of 0.95. Liberty Media Corporation – Liberty Live Series A has a fifty-two week low of $74.38 and a fifty-two week high of $106.06.
Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($2.92) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($3.34). The company had revenue of $147.06 million for the quarter, compared to the consensus estimate of $93.63 million. On average, equities analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -7.69 EPS for the current year.
About Liberty Media Corporation – Liberty Live Series A
Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.
The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.
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