Liberty Media Corporation - Liberty Live Series C $LLYVK Shares Sold by Sculptor Capital LP

Key Points

• Sculptor Capital LP has reduced its holdings in Liberty Media Corporation - Liberty Live Series C by 8.1%, selling 72,000 shares, and now holds 816,500 shares, making it the 29th largest position in its portfolio.
• In the first quarter, several institutional investors, including Northwestern Mutual and PNC Financial Services Group, have significantly increased their stakes in Liberty Media Corporation.
• The company reported a loss of ($1.93) earnings per share for its latest quarter, missing the consensus estimate by ($3.15), indicating current financial challenges.

Sculptor Capital LP lessened its stake in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 8.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 816,500 shares of the company's stock after selling 72,000 shares during the period. Liberty Media Corporation - Liberty Live Series C makes up approximately 1.1% of Sculptor Capital LP's holdings, making the stock its 29th largest holding. Sculptor Capital LP owned approximately 0.89% of Liberty Media Corporation - Liberty Live Series C worth $55,636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LLYVK. ValueAct Holdings L.P. increased its stake in Liberty Media Corporation - Liberty Live Series C by 136.9% in the fourth quarter. ValueAct Holdings L.P. now owns 3,168,788 shares of the company's stock worth $215,668,000 after purchasing an additional 1,831,288 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Liberty Media Corporation - Liberty Live Series C by 20.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 8,395,466 shares of the company's stock valued at $572,068,000 after buying an additional 1,426,605 shares during the last quarter. JNE Partners LLP raised its stake in shares of 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. BNP Paribas Financial Markets purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C in the fourth quarter worth about $14,553,000. Finally, TD Asset Management Inc grew its stake in shares of Liberty Media Corporation - Liberty Live Series C by 62.7% during the 1st quarter. TD Asset Management Inc now owns 403,650 shares of the company's stock worth $27,505,000 after purchasing an additional 155,500 shares during the period. Hedge funds and other institutional investors own 60.36% of the company's stock.

Liberty Media Corporation - Liberty Live Series C Stock Down 1.0%

Shares of NASDAQ:LLYVK traded down $0.99 during trading on Wednesday, hitting $96.33. 767,041 shares of the stock traded hands, compared to its average volume of 391,062. The company has a market cap of $8.85 billion, a price-to-earnings ratio of -30.88 and a beta of 1.42. Liberty Media Corporation - Liberty Live Series C has a 52-week low of $37.76 and a 52-week high of $98.71. The company has a fifty day moving average price of $86.37 and a two-hundred day moving average price of $77.23.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) EPS for the quarter, missing analysts' consensus estimates 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.