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Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Upgraded by Zacks Research to Hold Rating

Liberty Media Corporation - Liberty Live Series A logo with Utilities background

Key Points

  • Liberty Media Corporation - Liberty Live Series A has been upgraded to a "hold" rating by Zacks Research, as reported on Tuesday.
  • The stock opened at $97.82 and has experienced a 12-month trading range between a low of $38.49 and a high of $98.39, with a current market capitalization of $8.99 billion.
  • Recent activity from institutional investors saw several firms, including Bessemer Group Inc. and Tower Research Capital LLC, significantly increasing their stakes in the company.
  • Interested in Liberty Media Corporation - Liberty Live Series A? Here are five stocks we like better.

Zacks Research upgraded shares of Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Free Report) to a hold rating in a research note published on Tuesday, September 9th,Zacks.com reports.

Liberty Media Corporation - Liberty Live Series A Price Performance

LLYVA traded down $0.78 on Tuesday, hitting $96.07. The company had a trading volume of 18,928 shares, compared to its average volume of 134,553. Liberty Media Corporation - Liberty Live Series A has a 52-week low of $41.38 and a 52-week high of $99.63. The stock has a fifty day simple moving average of $87.44 and a 200-day simple moving average of $77.03. The firm has a market capitalization of $8.83 billion, a P/E ratio of -30.83 and a beta of 1.39.

Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($1.93) EPS for the quarter, missing the consensus estimate of $1.22 by ($3.15).

Institutional Trading of Liberty Media Corporation - Liberty Live Series A

A number of hedge funds have recently made changes to their positions in the stock. HB Wealth Management LLC raised its holdings in Liberty Media Corporation - Liberty Live Series A by 4.9% in the 1st quarter. HB Wealth Management LLC now owns 3,841 shares of the company's stock worth $258,000 after acquiring an additional 179 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Liberty Media Corporation - Liberty Live Series A by 14.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,688 shares of the company's stock worth $134,000 after acquiring an additional 218 shares during the last quarter. Deutsche Bank AG raised its holdings in Liberty Media Corporation - Liberty Live Series A by 0.3% in the 4th quarter. Deutsche Bank AG now owns 82,094 shares of the company's stock worth $5,464,000 after acquiring an additional 239 shares during the last quarter. Kontiki Capital Management HK Ltd. raised its holdings in Liberty Media Corporation - Liberty Live Series A by 3.4% in the 1st quarter. Kontiki Capital Management HK Ltd. now owns 8,529 shares of the company's stock worth $573,000 after acquiring an additional 280 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Liberty Media Corporation - Liberty Live Series A in the 2nd quarter worth approximately $25,000. 25.07% of the stock is owned by institutional investors.

About Liberty Media Corporation - Liberty Live Series A

(Get 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.

Further Reading

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