Pentwater Capital Management LP Grows Position in Liberty Live Group (NASDAQ:LLYVA)

Pentwater Capital Management LP raised its position in shares of Liberty Live Group (NASDAQ:LLYVA) by 2,346.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 611,500 shares of the company’s stock after acquiring an additional 586,500 shares during the period. Liberty Live Group makes up about 0.4% of Pentwater Capital Management LP’s investment portfolio, making the stock its 14th largest position. Pentwater Capital Management LP owned 0.67% of Liberty Live Group worth $40,701,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Daiwa Securities Group Inc. acquired a new position in Liberty Live Group during the 4th quarter valued at approximately $27,000. US Bancorp DE grew its position in shares of Liberty Live Group by 24.0% in the fourth quarter. US Bancorp DE now owns 822 shares of the company’s stock valued at $55,000 after purchasing an additional 159 shares in the last quarter. Sterling Capital Management LLC increased its position in Liberty Live Group by 65.2% during the fourth quarter. Sterling Capital Management LLC now owns 1,178 shares of the company’s stock worth $78,000 after purchasing an additional 465 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Liberty Live Group by 215.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,361 shares of the company’s stock worth $91,000 after purchasing an additional 929 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in Liberty Live Group by 39,550.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 3,172 shares of the company’s stock valued at $211,000 after purchasing an additional 3,164 shares during the period. Institutional investors own 25.07% of the company’s stock.

Liberty Live Group Price Performance

LLYVA stock opened at $71.14 on Tuesday. Liberty Live Group has a 1 year low of $32.55 and a 1 year high of $79.63. The firm has a market capitalization of $6.53 billion, a P/E ratio of -209.24 and a beta of 1.53. The business’s 50-day moving average is $67.72 and its two-hundred day moving average is $67.07.

About Liberty Live Group

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.