Adage Capital Partners GP L.L.C. lowered its stake in shares of Liberty Live Group (NASDAQ:LLYVK - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 288,395 shares of the company's stock after selling 50,000 shares during the quarter. 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.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Live Group in the third quarter valued at about $2,529,000. Franklin Resources Inc. increased its position in Liberty Live Group by 900.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,020 shares of the company's stock worth $56,000 after purchasing an additional 918 shares during the period. Miracle Mile Advisors LLC acquired a new position in Liberty Live Group during the 4th quarter worth approximately $211,000. Simon Quick Advisors LLC purchased a new position in shares of Liberty Live Group during the 4th quarter worth approximately $210,000. Finally, SG Americas Securities LLC lifted its holdings in shares of Liberty Live Group by 164.4% in the 4th quarter. SG Americas Securities LLC now owns 32,584 shares of the company's stock valued at $2,218,000 after buying an additional 20,258 shares during the period. 60.36% of the stock is owned by hedge funds and other institutional investors.
Liberty Live Group Stock Down 0.8 %
LLYVK stock traded down $0.56 on Thursday, reaching $70.95. 176,195 shares of the company's stock were exchanged, compared to its average volume of 358,831. The stock has a fifty day moving average of $68.76 and a 200-day moving average of $68.62. The firm has a market cap of $6.52 billion, a PE ratio of -208.68 and a beta of 1.56. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66.
Liberty Live Group 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
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
