DAVENPORT & Co LLC Buys Shares of 91,657 Liberty Media Corporation – Liberty Live Series C $LLYVK

DAVENPORT & Co LLC bought a new stake in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 91,657 shares of the company’s stock, valued at approximately $7,374,000.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in Liberty Media Corporation – Liberty Live Series C by 203.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company’s stock valued at $31,000 after buying an additional 307 shares during the period. State of Wyoming acquired a new position in Liberty Media Corporation – Liberty Live Series C during the 1st quarter valued at about $54,000. PNC Financial Services Group Inc. increased its stake in Liberty Media Corporation – Liberty Live Series C by 15.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company’s stock valued at $108,000 after buying an additional 214 shares during the period. Quantbot Technologies LP acquired a new position in Liberty Media Corporation – Liberty Live Series C during the 1st quarter valued at about $121,000. Finally, Highland Capital Management LLC acquired a new position in Liberty Media Corporation – Liberty Live Series C during the 2nd quarter valued at about $215,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Wall Street Analyst Weigh In

LLYVK has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Saturday, September 27th. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a research note on Tuesday, September 9th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Price Performance

Shares of LLYVK opened at $90.70 on Wednesday. The firm’s 50 day moving average is $94.13 and its 200-day moving average is $81.68. The stock has a market capitalization of $8.33 billion, a P/E ratio of -29.07 and a beta of 1.37. Liberty Media Corporation – Liberty Live Series C has a 12-month low of $51.00 and a 12-month high of $102.62.

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

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.