Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Upgraded at Zacks Research

Key Points

• Zacks Research upgraded Liberty Live Series C (NASDAQ:LLYVK) to a "hold" rating, indicating a neutral outlook on the stock's performance.
• As of Tuesday, shares of LLYVK were trading at $100.66, with a 12-month high of $101.39 and a market cap of $9.25 billion.
• The company reported a quarterly loss of ($1.93) EPS, falling short of the expected consensus estimate of $1.22 by a significant margin.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) was upgraded by equities research analysts at Zacks Research to a "hold" rating in a report released on Tuesday, September 9th,Zacks.com reports.

Liberty Media Corporation - Liberty Live Series C Price Performance

Shares of NASDAQ:LLYVK traded down $0.74 during midday trading on Tuesday, hitting $98.83. The company had a trading volume of 162,484 shares, compared to its average volume of 387,985. The company has a market cap of $9.08 billion, a price-to-earnings ratio of -31.67 and a beta of 1.41. Liberty Media Corporation - Liberty Live Series C has a 12-month low of $41.89 and a 12-month high of $102.62. The company has a fifty day moving average of $89.78 and a two-hundred day moving average of $78.61.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last posted 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 Investors Weigh In On Liberty Media Corporation - Liberty Live Series C

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 203.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company's stock worth $31,000 after buying an additional 307 shares during the period. Versant Capital Management Inc boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 410.9% in the 1st quarter. Versant Capital Management Inc now owns 751 shares of the company's stock worth $51,000 after buying an additional 604 shares during the period. State of Wyoming bought a new position in Liberty Media Corporation - Liberty Live Series C in the 1st quarter worth $54,000. CWM LLC boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 31.4% in the 2nd quarter. CWM LLC now owns 1,085 shares of the company's stock worth $88,000 after buying an additional 259 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Liberty Media Corporation - Liberty Live Series C by 15.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company's stock worth $108,000 after buying an additional 214 shares during the period. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

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.