Corvex Management LP cut its position in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 37.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 579,378 shares of the company's stock after selling 346,000 shares during the quarter. Liberty Live Group comprises about 1.1% of Corvex Management LP's holdings, making the stock its 22nd largest position. Corvex Management LP owned 0.63% of Liberty Live Group worth $39,432,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Liberty Live Group in the 4th quarter worth about $27,000. Lee Danner & Bass Inc. bought a new stake in Liberty Live Group in the fourth quarter worth approximately $37,000. Murphy & Mullick Capital Management Corp acquired a new position in Liberty Live Group in the fourth quarter valued at approximately $44,000. PNC Financial Services Group Inc. boosted its holdings in shares of Liberty Live Group by 16.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company's stock worth $94,000 after buying an additional 192 shares in the last quarter. Finally, KBC Group NV increased its stake in shares of Liberty Live Group by 25.7% in the 4th quarter. KBC Group NV now owns 2,727 shares of the company's stock valued at $186,000 after acquiring an additional 557 shares in the last quarter. Institutional investors and hedge funds own 60.36% of the company's stock.
Liberty Live Group Stock Up 0.7 %
NASDAQ:LLYVK traded up $0.55 during trading hours on Friday, reaching $75.16. The company had a trading volume of 175,071 shares, compared to its average volume of 356,570. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of -221.06 and a beta of 1.54. The business's 50-day simple moving average is $68.69 and its two-hundred day simple moving average is $69.52.
Liberty Live Group (NASDAQ:LLYVK - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.22).
About Liberty Live Group
(
Free Report)
Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.
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