Liberty Media Corporation - Liberty Live Series C $LLYVK Shares Acquired by Makena Capital Management LLC

Key Points

• Makena Capital Management LLC increased its stake in Liberty Media Corporation - Liberty Live Series C by 52.2%, owning 303,156 shares valued at approximately $20.7 million.
• Other institutional investors, including Principal Financial Group and KBC Group NV, also made significant adjustments to their positions in the company during the first quarter.
• Liberty Media Corporation - Liberty Live Series C reported a loss of $1.93 earnings per share, missing analysts' expectations by $3.15.

Makena Capital Management LLC increased its holdings in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 52.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 303,156 shares of the company's stock after purchasing an additional 104,009 shares during the period. Liberty Media Corporation - Liberty Live Series C accounts for 2.1% of Makena Capital Management LLC's holdings, making the stock its 13th biggest holding. Makena Capital Management LLC owned 0.33% of Liberty Media Corporation - Liberty Live Series C worth $20,657,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. ValueAct Holdings L.P. grew its position in Liberty Media Corporation - Liberty Live Series C by 136.9% in the 4th quarter. ValueAct Holdings L.P. now owns 3,168,788 shares of the company's stock valued at $215,668,000 after acquiring an additional 1,831,288 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in Liberty Media Corporation - Liberty Live Series C by 25.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,968,861 shares of the company's stock valued at $474,301,000 after acquiring an additional 1,427,968 shares during the last quarter. JNE Partners LLP grew its position in Liberty Media Corporation - Liberty Live Series C by 28.5% in the 4th quarter. JNE Partners LLP now owns 1,300,890 shares of the company's stock valued at $88,539,000 after acquiring an additional 288,390 shares during the last quarter. Sculptor Capital LP grew its position in Liberty Media Corporation - Liberty Live Series C by 45.0% in the 4th quarter. Sculptor Capital LP now owns 888,500 shares of the company's stock valued at $60,471,000 after acquiring an additional 275,647 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in Liberty Media Corporation - Liberty Live Series C in the 4th quarter valued at $14,553,000. 60.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Media Corporation - Liberty Live Series C Stock Performance

Liberty Media Corporation - Liberty Live Series C stock traded up $2.2550 during mid-day trading on Friday, hitting $95.1350. The company's stock had a trading volume of 384,820 shares, compared to its average volume of 387,932. The company has a 50 day moving average of $83.41 and a 200-day moving average of $76.15. The stock has a market cap of $8.74 billion, a PE ratio of -30.49 and a beta of 1.40. Liberty Media Corporation - Liberty Live Series C has a one year low of $37.76 and a one year high of $95.43.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share 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.