Adage Capital Partners GP L.L.C. reduced its holdings in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 288,395 shares of the company's stock after selling 50,000 shares during the period. Adage Capital Partners GP L.L.C. owned about 0.31% of Liberty Live Group worth $19,628,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Liberty Live Group during the 4th quarter valued at $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Liberty Live Group during the fourth quarter valued at approximately $37,000. Murphy & Mullick Capital Management Corp purchased a new stake in Liberty Live Group in the 4th quarter worth $44,000. Franklin Resources Inc. grew its position in shares of Liberty Live Group by 900.0% during the third quarter. Franklin Resources Inc. now owns 1,020 shares of the company's stock valued at $56,000 after purchasing an additional 918 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Liberty Live Group by 16.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company's stock worth $94,000 after buying an additional 192 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.
Liberty Live Group Price Performance
Shares of Liberty Live Group stock traded up $2.43 during trading on Friday, hitting $73.38. The stock had a trading volume of 116,490 shares, compared to its average volume of 358,407. Liberty Live Group has a 12 month low of $33.50 and a 12 month high of $81.66. The stock has a market cap of $6.74 billion, a PE ratio of -215.69 and a beta of 1.54. The firm's fifty day simple moving average is $68.57 and its 200-day simple moving average is $68.73.
About Liberty Live Group
(
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.
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