Weiss Ratings Reiterates Sell (D) Rating for Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK)

Key Points

• Weiss Ratings has reaffirmed a "sell (d)" rating for Liberty Media Corporation - Liberty Live Series C (NASDAQ: LLYVK), amidst a mix of ratings from various analysts.
• The stock recently opened at $86.71, with a consensus rating of "Reduce" and a significant earnings miss reported at ($1.93) per share compared to estimates of $1.22.
• Institutional investors hold 60.36% of the company’s stock, reflecting a strong interest in recent quarters, including a substantial increase in holdings by GAMMA Investing LLC.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report)'s stock had its "sell (d)" rating reissued by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Zacks Research upgraded Liberty Media Corporation - Liberty Live Series C to a "hold" rating in a research report on Tuesday, September 9th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Reduce".

Liberty Media Corporation - Liberty Live Series C Price Performance

NASDAQ:LLYVK opened at $86.71 on Wednesday. The business has a 50 day moving average of $94.13 and a 200 day moving average of $81.71. The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of -27.79 and a beta of 1.37. Liberty Media Corporation - Liberty Live Series C has a 1-year low of $51.64 and a 1-year high of $102.62.

Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share for the quarter, missing analysts' consensus estimates of $1.22 by ($3.15).

Institutional Trading of Liberty Media Corporation - Liberty Live Series C

Several hedge funds and other institutional investors have recently bought and sold shares of LLYVK. GAMMA Investing LLC lifted its position in Liberty Media Corporation - Liberty Live Series C by 6,372.0% in the first quarter. GAMMA Investing LLC now owns 15,468 shares of the company's stock valued at $1,054,000 after purchasing an additional 15,229 shares during the last quarter. KBC Group NV lifted its position in Liberty Media Corporation - Liberty Live Series C by 24.5% in the first quarter. KBC Group NV now owns 3,394 shares of the company's stock valued at $231,000 after purchasing an additional 667 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in Liberty Media Corporation - Liberty Live Series C in the first quarter valued at approximately $564,000. Principal Financial Group Inc. lifted its position in Liberty Media Corporation - Liberty Live Series C by 0.3% in the first quarter. Principal Financial Group Inc. now owns 189,428 shares of the company's stock valued at $12,908,000 after purchasing an additional 500 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Liberty Media Corporation - Liberty Live Series C by 101.2% in the first quarter. Cerity Partners LLC now owns 7,931 shares of the company's stock valued at $540,000 after purchasing an additional 3,990 shares during the last quarter. Institutional investors own 60.36% of the company's stock.

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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