Great Lakes Advisors LLC Sells 2,571 Shares of Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Great Lakes Advisors LLC reduced its stake in Liberty Media Corporation - Liberty Live Series C by 2.6%, now holding approximately 96,951 shares valued at $6.6 million.
• Other institutional investors, such as T. Rowe Price and ValueAct Holdings, significantly increased their holdings, with T. Rowe Price boosting its position by 20.5%.
• Liberty Media Corporation - Liberty Live Series C reported earnings of ($1.93) per share for the last quarter, missing analysts' estimates by $3.15.

Great Lakes Advisors LLC trimmed its position in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 2.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 96,951 shares of the company's stock after selling 2,571 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.11% of Liberty Media Corporation - Liberty Live Series C worth $6,606,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 203.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company's stock valued at $31,000 after purchasing an additional 307 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 410.9% in the first quarter. Versant Capital Management Inc now owns 751 shares of the company's stock worth $51,000 after acquiring an additional 604 shares during the period. State of Wyoming acquired a new position in shares of Liberty Media Corporation - Liberty Live Series C in the first quarter worth approximately $54,000. PNC Financial Services Group Inc. lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 15.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock worth $108,000 after acquiring an additional 214 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Liberty Media Corporation - Liberty Live Series C in the first quarter worth approximately $121,000. 60.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Liberty Media Corporation - Liberty Live Series C currently has a consensus rating of "Hold".

Liberty Media Corporation - Liberty Live Series C Stock Performance

Shares of NASDAQ LLYVK traded up $1.21 during midday trading on Monday, hitting $101.65. 40,638 shares of the stock traded hands, compared to its average volume of 386,731. The company has a market cap of $9.34 billion, a PE ratio of -32.55 and a beta of 1.41. Liberty Media Corporation - Liberty Live Series C has a one year low of $40.64 and a one year high of $102.62. The business has a 50 day moving average price of $89.38 and a two-hundred day moving average price of $78.43.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) EPS for the quarter, missing the consensus estimate of $1.22 by ($3.15).

Liberty Media Corporation - Liberty Live Series C Company Profile

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.