ValueAct Holdings L.P. lifted its position in Liberty Live Group (NASDAQ:LLYVA - Free Report) by 88.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,268,448 shares of the company's stock after acquiring an additional 596,648 shares during the period. Liberty Live Group accounts for 1.9% of ValueAct Holdings L.P.'s holdings, making the stock its 12th largest position. ValueAct Holdings L.P. owned about 1.38% of Liberty Live Group worth $84,428,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Liberty Live Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 2,002,784 shares of the company's stock worth $133,305,000 after acquiring an additional 8,769 shares during the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of Liberty Live Group in the fourth quarter worth approximately $266,000. Russell Investments Group Ltd. boosted its stake in shares of Liberty Live Group by 30.6% in the fourth quarter. Russell Investments Group Ltd. now owns 28,038 shares of the company's stock worth $1,866,000 after acquiring an additional 6,566 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Liberty Live Group by 119.0% in the fourth quarter. Invesco Ltd. now owns 21,575 shares of the company's stock worth $1,436,000 after acquiring an additional 11,723 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Liberty Live Group in the fourth quarter worth approximately $8,179,000. 25.07% of the stock is owned by institutional investors and hedge funds.
Liberty Live Group Stock Performance
Shares of NASDAQ:LLYVA traded up $0.35 during trading on Friday, reaching $75.83. The stock had a trading volume of 57,361 shares, compared to its average volume of 139,987. The business has a fifty day moving average price of $69.82 and a 200-day moving average price of $69.50. The stock has a market cap of $6.96 billion, a PE ratio of 280.85 and a beta of 1.51. Liberty Live Group has a 1-year low of $32.55 and a 1-year high of $79.63.
Liberty Live Group (NASDAQ:LLYVA - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.22).
Insiders Place Their Bets
In other Liberty Live Group news, Director Chase Carey sold 100,000 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the transaction, the director now owns 93,102 shares of the company's stock, valued at approximately $8,973,170.76. The trade was a 51.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Liberty Live Group Company Profile
(
Free Report)
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.
See Also
Before you consider Liberty Live Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Live Group wasn't on the list.
While Liberty Live Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
