JPMorgan Chase & Co. Purchases 139,055 Shares of Liberty Media Corporation – Liberty Live Series A $LLYVA

JPMorgan Chase & Co. boosted its holdings in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 56.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 386,705 shares of the company’s stock after acquiring an additional 139,055 shares during the period. JPMorgan Chase & Co.’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $30,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Liberty Media Corporation – Liberty Live Series A in the second quarter valued at about $25,000. CWM LLC increased its stake in shares of Liberty Media Corporation – Liberty Live Series A by 35.0% in the second quarter. CWM LLC now owns 1,251 shares of the company’s stock worth $99,000 after acquiring an additional 324 shares during the period. Bessemer Group Inc. grew its position in Liberty Media Corporation – Liberty Live Series A by 3,472.2% during the 2nd quarter. Bessemer Group Inc. now owns 1,286 shares of the company’s stock worth $103,000 after purchasing an additional 1,250 shares during the period. State of Wyoming acquired a new stake in Liberty Media Corporation – Liberty Live Series A during the first quarter worth about $112,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of Liberty Media Corporation – Liberty Live Series A by 14.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,688 shares of the company’s stock worth $134,000 after purchasing an additional 218 shares during the period. 25.07% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Media Corporation – Liberty Live Series A Stock Performance

Liberty Media Corporation – Liberty Live Series A stock opened at $75.12 on Wednesday. Liberty Media Corporation – Liberty Live Series A has a 1 year low of $59.45 and a 1 year high of $99.63. The company’s 50 day simple moving average is $84.88 and its 200-day simple moving average is $84.01. The company has a market capitalization of $6.90 billion, a price-to-earnings ratio of -19.46 and a beta of 1.39.

Analysts Set New Price Targets

LLYVA has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Liberty Media Corporation – Liberty Live Series A to a “hold” rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Liberty Media Corporation – Liberty Live Series A has an average rating of “Reduce”.

About Liberty Media Corporation – Liberty Live Series A

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.