ING Groep NV Buys 69,200 Shares of Liberty Media Corporation – Liberty Live Series A $LLYVA

ING Groep NV grew its stake in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 140.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 118,500 shares of the company’s stock after acquiring an additional 69,200 shares during the period. ING Groep NV’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $9,658,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Highbridge Capital Management LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series A by 15.9% in the 3rd quarter. Highbridge Capital Management LLC now owns 208,179 shares of the company’s stock worth $19,631,000 after purchasing an additional 28,602 shares during the period. Vanguard Group Inc. increased its holdings in Liberty Media Corporation – Liberty Live Series A by 1.7% during the third quarter. Vanguard Group Inc. now owns 2,039,881 shares of the company’s stock valued at $192,361,000 after buying an additional 33,550 shares during the period. Anfield Capital Management LLC bought a new position in Liberty Media Corporation – Liberty Live Series A in the third quarter worth approximately $2,321,000. JNE Partners LLP lifted its holdings in Liberty Media Corporation – Liberty Live Series A by 53.3% during the third quarter. JNE Partners LLP now owns 368,121 shares of the company’s stock worth $34,714,000 after buying an additional 128,000 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in Liberty Media Corporation – Liberty Live Series A during the fourth quarter worth $35,661,000. Institutional investors own 25.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on LLYVA shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research report on Friday, May 29th. Zacks Research lowered Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. Two analysts have rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Liberty Media Corporation – Liberty Live Series A Price Performance

Liberty Media Corporation – Liberty Live Series A stock opened at $90.61 on Monday. Liberty Media Corporation – Liberty Live Series A has a 1-year low of $72.08 and a 1-year high of $99.82. The business has a fifty day moving average price of $93.77 and a 200-day moving average price of $87.98. The stock has a market capitalization of $8.34 billion, a price-to-earnings ratio of -25.60 and a beta of 0.95.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last released its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The business had revenue of $63.62 million during the quarter, compared to the consensus estimate of $70.40 million. On average, equities research analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Liberty Media Corporation – Liberty Live Series A Profile

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.