Makena Capital Management LLC Purchases 104,009 Shares of Liberty Media Corporation - Liberty Live Series C $LLYVK

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 boosted its stake in shares of 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 Form 13F filing with the Securities & Exchange Commission. The firm 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 comprises 2.1% of Makena Capital Management LLC's portfolio, making the stock its 13th largest holding. Makena Capital Management LLC owned about 0.33% of Liberty Media Corporation - Liberty Live Series C worth $20,657,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in LLYVK. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 25.8% during 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 buying an additional 1,427,968 shares during the period. ValueAct Holdings L.P. increased its position in Liberty Media Corporation - Liberty Live Series C by 136.9% during the fourth 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. D. E. Shaw & Co. Inc. lifted its holdings in Liberty Media Corporation - Liberty Live Series C by 2.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,567,869 shares of the company's stock valued at $106,709,000 after acquiring an additional 41,717 shares during the period. JNE Partners LLP boosted its position in Liberty Media Corporation - Liberty Live Series C by 28.5% in the fourth quarter. JNE Partners LLP now owns 1,300,890 shares of the company's stock worth $88,539,000 after purchasing an additional 288,390 shares during the last quarter. Finally, Sculptor Capital LP grew its stake in shares of Liberty Media Corporation - Liberty Live Series C by 45.0% during the 4th quarter. Sculptor Capital LP now owns 888,500 shares of the company's stock valued at $60,471,000 after purchasing an additional 275,647 shares during the period. Institutional investors own 60.36% of the company's stock.

Liberty Media Corporation - Liberty Live Series C Price Performance

Shares of NASDAQ:LLYVK traded down $0.55 during trading on Wednesday, hitting $93.02. The company's stock had a trading volume of 432,902 shares, compared to its average volume of 386,891. The firm has a market cap of $8.55 billion, a price-to-earnings ratio of -29.81 and a beta of 1.40. The company has a 50-day moving average of $82.70 and a 200-day moving average of $75.90. Liberty Media Corporation - Liberty Live Series C has a 12 month low of $37.76 and a 12 month high of $94.01.

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

About Liberty Media Corporation - Liberty Live Series C

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.