VIRGINIA RETIREMENT SYSTEMS ET Al Has $499,000 Holdings in Liberty Media Corporation – Liberty Live Series C $LLYVK

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 64.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,004 shares of the company’s stock after selling 11,050 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $499,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of 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 buying an additional 63,117 shares in the last quarter. Principal Financial Group Inc. boosted its position in Liberty Media Corporation – Liberty Live Series C by 7.4% during the 4th quarter. Principal Financial Group Inc. now owns 1,812,689 shares of the company’s stock worth $150,744,000 after acquiring an additional 124,223 shares during the last quarter. Bamco Inc. NY grew its stake in shares of Liberty Media Corporation – Liberty Live Series C by 2.9% during the 3rd quarter. Bamco Inc. NY now owns 1,458,910 shares of the company’s stock worth $141,471,000 after acquiring an additional 41,512 shares in the last quarter. State Street Corp grew its stake in shares of Liberty Media Corporation – Liberty Live Series C by 2.2% during the 2nd quarter. State Street Corp now owns 825,898 shares of the company’s stock worth $67,030,000 after acquiring an additional 17,989 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 1,012.6% in the fourth quarter. SG Americas Securities LLC now owns 609,399 shares of the company’s stock valued at $50,678,000 after purchasing an additional 554,625 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wall Street Zen upgraded shares of Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Thursday, January 22nd. Finally, Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series C from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Stock Down 0.5%

LLYVK stock opened at $98.97 on Tuesday. The company has a market cap of $9.11 billion, a price-to-earnings ratio of -27.96 and a beta of 0.98. Liberty Media Corporation – Liberty Live Series C has a twelve month low of $71.48 and a twelve month high of $102.62. The business has a 50 day moving average price of $95.75 and a two-hundred day moving average price of $89.27.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last announced its quarterly earnings data 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 firm 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 C will post -3.3 EPS 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.