Liberty Media Corporation - Liberty Live Series A $LLYVA Shares Acquired by Pentwater Capital Management LP

Key Points

• Pentwater Capital Management LP increased its holdings in Liberty Media Corporation - Liberty Live Series A by 0.6%, acquiring an additional 3,500 shares, bringing its total to 615,000 shares, valued at approximately $41.35 million.
• Other institutional investors have also significantly boosted their positions, with Parallel Advisors LLC raising its ownership by 170.8% during the 1st quarter.
• The company's stock posted a loss of $1.93 earnings per share in its latest quarterly report, missing the consensus estimate of $1.22 by $3.15.

Pentwater Capital Management LP boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Free Report) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 615,000 shares of the company's stock after acquiring an additional 3,500 shares during the quarter. Liberty Media Corporation - Liberty Live Series A comprises 0.3% of Pentwater Capital Management LP's holdings, making the stock its 24th largest holding. Pentwater Capital Management LP owned approximately 0.67% of Liberty Media Corporation - Liberty Live Series A worth $41,353,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LLYVA. Parallel Advisors LLC raised its stake in shares of Liberty Media Corporation - Liberty Live Series A by 170.8% in the 1st quarter. Parallel Advisors LLC now owns 566 shares of the company's stock valued at $38,000 after acquiring an additional 357 shares during the period. Tower Research Capital LLC TRC increased its holdings in Liberty Media Corporation - Liberty Live Series A by 215.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,361 shares of the company's stock valued at $91,000 after purchasing an additional 929 shares during the last quarter. State of Wyoming purchased a new stake in Liberty Media Corporation - Liberty Live Series A in the first quarter valued at approximately $112,000. Quantbot Technologies LP purchased a new stake in Liberty Media Corporation - Liberty Live Series A in the first quarter valued at approximately $190,000. Finally, JNE Partners LLP purchased a new position in shares of Liberty Media Corporation - Liberty Live Series A during the fourth quarter worth $222,000. Hedge funds and other institutional investors own 25.07% of the company's stock.

Liberty Media Corporation - Liberty Live Series A Stock Performance

NASDAQ LLYVA traded up $1.14 during trading on Thursday, reaching $98.96. 122,564 shares of the company's stock were exchanged, compared to its average volume of 135,311. The company has a 50 day moving average price of $86.32 and a two-hundred day moving average price of $76.47. The stock has a market cap of $9.09 billion, a P/E ratio of -31.72 and a beta of 1.39. Liberty Media Corporation - Liberty Live Series A has a 1 year low of $39.10 and a 1 year high of $99.15.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - 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).

Analysts Set New Price Targets

Separately, Zacks Research upgraded Liberty Media Corporation - Liberty Live Series A to a "hold" rating in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

About Liberty Media Corporation - Liberty Live Series A

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.