Finepoint Capital LP Invests $55.32 Million in Liberty Live Group (NASDAQ:LLYVK)

Finepoint Capital LP purchased a new stake in shares of Liberty Live Group (NASDAQ:LLYVK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 812,792 shares of the company’s stock, valued at approximately $55,319,000. Liberty Live Group makes up approximately 3.4% of Finepoint Capital LP’s portfolio, making the stock its 3rd largest holding. Finepoint Capital LP owned about 0.89% of Liberty Live Group at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd acquired a new position in Liberty Live Group in the fourth quarter valued at approximately $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Liberty Live Group in the 4th quarter worth approximately $37,000. Point72 Asia Singapore Pte. Ltd. boosted its position in Liberty Live Group by 1,000.0% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock valued at $30,000 after purchasing an additional 530 shares during the period. Murphy & Mullick Capital Management Corp bought a new position in Liberty Live Group during the 4th quarter worth $44,000. Finally, Franklin Resources Inc. grew its stake in Liberty Live Group by 900.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock worth $56,000 after buying an additional 918 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors.

Liberty Live Group Stock Performance

LLYVK stock opened at $64.36 on Friday. Liberty Live Group has a 1 year low of $33.50 and a 1 year high of $81.66. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of -189.29 and a beta of 1.55. The stock’s fifty day moving average is $71.93 and its two-hundred day moving average is $66.22.

Liberty Live Group 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.