Quantinno Capital Management LP Has $9.44 Million Holdings in Liberty Media Corporation – Liberty Live Series C $LLYVK

Quantinno Capital Management LP grew its holdings in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 42.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 100,352 shares of the company’s stock after purchasing an additional 29,660 shares during the quarter. Quantinno Capital Management LP’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $9,444,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its stake in shares of Liberty Media Corporation – Liberty Live Series C by 5.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 10,315,091 shares of the company’s stock valued at $857,803,000 after acquiring an additional 551,011 shares in the last quarter. Vanguard Group Inc. boosted its stake in Liberty Media Corporation – Liberty Live Series C by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 4,721,823 shares of the company’s stock worth $392,667,000 after acquiring an additional 63,117 shares in the last quarter. ValueAct Holdings L.P. boosted its stake in Liberty Media Corporation – Liberty Live Series C by 2.5% during the fourth quarter. ValueAct Holdings L.P. now owns 3,603,988 shares of the company’s stock worth $299,708,000 after acquiring an additional 88,100 shares in the last quarter. Morgan Stanley grew its holdings in Liberty Media Corporation – Liberty Live Series C by 1.0% in the fourth quarter. Morgan Stanley now owns 2,062,231 shares of the company’s stock worth $171,495,000 after purchasing an additional 20,587 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Liberty Media Corporation – Liberty Live Series C by 5.3% in the first quarter. Principal Financial Group Inc. now owns 1,908,977 shares of the company’s stock worth $179,656,000 after purchasing an additional 96,288 shares during the period. Institutional investors and hedge funds own 60.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on LLYVK shares. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series C from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Wall Street Zen raised shares of Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Stock Up 0.7%

Shares of NASDAQ:LLYVK opened at $103.54 on Wednesday. Liberty Media Corporation – Liberty Live Series C has a twelve month low of $76.93 and a twelve month high of $108.97. The stock’s 50 day moving average is $101.13 and its 200-day moving average is $96.11. The firm has a market capitalization of $9.53 billion, a price-to-earnings ratio of -29.25 and a beta of 0.97.

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

About Liberty Media Corporation – Liberty Live Series C

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.