Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK) Rating Increased to Hold 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 researchers at Zacks Research to a "hold" rating in a report released on Tuesday,Zacks.com reports.

Liberty Media Corporation - Liberty Live Series C Trading Up 0.4%

Shares of NASDAQ LLYVK opened at $100.66 on Tuesday. Liberty Media Corporation - Liberty Live Series C has a 12 month low of $39.25 and a 12 month high of $101.39. The company has a 50 day simple moving average of $88.60 and a two-hundred day simple moving average of $78.04. The stock has a market cap of $9.25 billion, a price-to-earnings ratio of -32.26 and a beta of 1.42.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last announced 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 C

Institutional investors and hedge funds have recently bought and sold shares of the business. Voya Investment Management LLC lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 2.9% in the 1st quarter. Voya Investment Management LLC now owns 5,802 shares of the company's stock valued at $395,000 after purchasing an additional 164 shares during the period. Simon Quick Advisors LLC lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 5.3% in the 2nd quarter. Simon Quick Advisors LLC now owns 3,259 shares of the company's stock valued at $264,000 after purchasing an additional 165 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of 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 valued at $108,000 after purchasing an additional 214 shares during the period. State Board of Administration of Florida Retirement System lifted its stake in shares of Liberty Media Corporation - Liberty Live Series C by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 52,532 shares of the company's stock valued at $4,263,000 after purchasing an additional 220 shares during the period. Finally, CWM LLC lifted its stake in shares of 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 valued at $88,000 after purchasing an additional 259 shares during the period. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Liberty Media Corporation - Liberty Live Series C Company Profile

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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