VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Liberty Media Corporation - Liberty Live Series C $LLYVK

Key Points

• Virginia Retirement Systems has acquired a new position in Liberty Media Corporation - Liberty Live Series C, purchasing 17,054 shares valued at approximately $1,384,000 during the second quarter.
• Several large investors, including T. Rowe Price and Deutsche Bank, have also increased their stakes in Liberty Media Corporation, reflecting a growing interest from institutional investors.
• Liberty Media Corporation - Liberty Live Series C reported a quarterly earnings miss with ($1.93) earnings per share, falling short of analysts' expectations by ($3.15).

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,054 shares of the company's stock, valued at approximately $1,384,000.

Other large investors have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 20.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,395,466 shares of the company's stock valued at $572,068,000 after purchasing an additional 1,426,605 shares during the period. Deutsche Bank AG grew its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 16.5% in the first quarter. Deutsche Bank AG now owns 809,072 shares of the company's stock worth $55,130,000 after acquiring an additional 114,439 shares during the period. TD Asset Management Inc grew its holdings in shares of Liberty Media Corporation - Liberty Live Series C by 5.1% in the second quarter. TD Asset Management Inc now owns 424,092 shares of the company's stock worth $34,419,000 after acquiring an additional 20,442 shares during the period. Makena Capital Management LLC increased its stake in shares of Liberty Media Corporation - Liberty Live Series C by 52.2% in the 1st quarter. Makena Capital Management LLC now owns 303,156 shares of the company's stock worth $20,657,000 after purchasing an additional 104,009 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Liberty Media Corporation - Liberty Live Series C by 0.5% during the 1st quarter. Northern Trust Corp now owns 243,787 shares of the company's stock valued at $16,612,000 after acquiring an additional 1,093 shares during the period. 60.36% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Zacks Research upgraded Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a research note on Tuesday, September 9th. Weiss Ratings reiterated a "sell (d)" rating on shares of Liberty Media Corporation - Liberty Live Series C in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Reduce".

Liberty Media Corporation - Liberty Live Series C Stock Up 0.1%

Shares of Liberty Media Corporation - Liberty Live Series C stock opened at $93.53 on Thursday. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of -29.98 and a beta of 1.37. The business has a 50-day moving average price of $94.91 and a 200-day moving average price of $83.23. Liberty Media Corporation - Liberty Live Series C has a twelve month low of $56.10 and a twelve month high of $102.62.

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

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