Russell Investments Group Ltd. Has $711,000 Position in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Russell Investments Group Ltd. decreased its holdings in Liberty Media Corporation - Liberty Live Series C by 23.8%, resulting in 10,435 shares valued at $711,000 as of the end of the first quarter.
• Several hedge funds, including ValueAct Holdings L.P. and D. E. Shaw & Co. Inc., have increased their stakes in Liberty Media Corporation, indicating ongoing interest among institutional investors.
• Liberty Media Corporation recently reported a loss of ($1.93) EPS, missing analyst expectations considerably, which raises concerns about its financial performance.

Russell Investments Group Ltd. decreased its stake in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 23.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,435 shares of the company's stock after selling 3,259 shares during the period. Russell Investments Group Ltd.'s holdings in Liberty Media Corporation - Liberty Live Series C were worth $711,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Liberty Media Corporation - Liberty Live Series C by 15.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock valued at $108,000 after buying an additional 214 shares during the period. Principal Financial Group Inc. boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 0.3% in the first quarter. Principal Financial Group Inc. now owns 189,428 shares of the company's stock valued at $12,908,000 after acquiring an additional 500 shares during the last quarter. Versant Capital Management Inc increased its position in 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 purchasing an additional 604 shares during the period. KBC Group NV raised its holdings in Liberty Media Corporation - Liberty Live Series C by 24.5% during the 1st quarter. KBC Group NV now owns 3,394 shares of the company's stock worth $231,000 after purchasing an additional 667 shares during the last quarter. Finally, S&CO Inc. raised its holdings in Liberty Media Corporation - Liberty Live Series C by 0.4% during the 1st quarter. S&CO Inc. now owns 175,945 shares of the company's stock worth $11,988,000 after purchasing an additional 730 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company's stock.

Liberty Media Corporation - Liberty Live Series C Price Performance

Shares of NASDAQ LLYVK traded down $1.93 during mid-day trading on Wednesday, hitting $95.39. The company's stock had a trading volume of 342,395 shares, compared to its average volume of 388,258. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of -30.63 and a beta of 1.42. Liberty Media Corporation - Liberty Live Series C has a one year low of $37.76 and a one year high of $98.71. The company's fifty day simple moving average is $86.37 and its 200-day simple moving average is $77.23.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last announced its quarterly earnings data 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).

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.