T. Rowe Price Investment Management Inc. Purchases 1,426,605 Shares of Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• T. Rowe Price Investment Management Inc. increased its stake in Liberty Media Corporation - Liberty Live Series C by 20.5% during the first quarter, now owning approximately 9.14% of the company valued at $572.07 million.
• Other institutional investors also boosted their holdings in Liberty Media, with PNC Financial Services and Fox Run Management increasing their stakes by 15.5% and 11.7%, respectively.
• Liberty Media Corporation - Liberty Live Series C reported earnings of ($1.93) per share for the last quarter, significantly missing the consensus estimate by ($3.15).

T. Rowe Price Investment Management Inc. increased its position in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) by 20.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,395,466 shares of the company's stock after purchasing an additional 1,426,605 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 9.14% of Liberty Media Corporation - Liberty Live Series C worth $572,068,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LLYVK. Russell Investments Group Ltd. boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 380.3% during the 4th quarter. Russell Investments Group Ltd. now owns 13,694 shares of the company's stock worth $932,000 after buying an additional 10,843 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the 4th quarter worth about $730,000. Sterling Capital Management LLC boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 49.8% during the 4th quarter. Sterling Capital Management LLC now owns 2,782 shares of the company's stock worth $189,000 after buying an additional 925 shares during the period. Marshall Wace LLP bought a new stake in shares of Liberty Media Corporation - Liberty Live Series C during the 4th quarter worth about $8,832,000. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 4.3% during the 4th quarter. Canada Pension Plan Investment Board now owns 51,232 shares of the company's stock worth $3,487,000 after buying an additional 2,109 shares during the period. Institutional investors own 60.36% of the company's stock.

Liberty Media Corporation - Liberty Live Series C Stock Performance

Shares of LLYVK stock traded up $0.7470 during midday trading on Monday, hitting $95.8070. 163,556 shares of the company were exchanged, compared to its average volume of 387,475. The firm has a market capitalization of $8.80 billion, a P/E ratio of -30.76 and a beta of 1.40. The firm's 50 day moving average price is $83.84 and its two-hundred day moving average price is $76.28. Liberty Media Corporation - Liberty Live Series C has a 52 week low of $37.76 and a 52 week high of $96.01.

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