Northern Trust Corp acquired a new position in shares of Liberty Media Corporation (NASDAQ:FWONA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 171,871 shares of the company’s stock, valued at approximately $6,020,000. Northern Trust Corp owned about 0.09% of Liberty Media Corporation as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Prudential Financial Inc. acquired a new position in Liberty Media Corporation during the second quarter worth $262,000. Swiss National Bank acquired a new position in shares of Liberty Media Corporation in the 2nd quarter valued at $1,305,000. Cowen Inc. acquired a new position in shares of Liberty Media Corporation in the 2nd quarter valued at $836,000. BNP Paribas Arbitrage SA acquired a new position in shares of Liberty Media Corporation in the 2nd quarter valued at $3,257,000. Finally, TIAA CREF Investment Management LLC acquired a new position in shares of Liberty Media Corporation in the 2nd quarter valued at $2,348,000. 11.44% of the stock is currently owned by institutional investors.

Several brokerages have recently commented on FWONA. B. Riley reaffirmed a “neutral” rating on shares of Liberty Media Corporation in a research note on Wednesday, November 1st. FBR & Co upped their price target on Liberty Media Corporation from $31.00 to $33.00 and gave the company a “neutral” rating in a research note on Tuesday, August 15th. Citigroup Inc. upped their price target on Liberty Media Corporation from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, August 14th. Zacks Investment Research raised Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, Bank of America Corporation began coverage on Liberty Media Corporation in a research note on Thursday, September 28th. They issued a “buy” rating and a $45.00 price target on the stock. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $38.89.

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In other Liberty Media Corporation news, Director Malcolm Ian Grant Gilchrist sold 1,826 shares of the company’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $36.52, for a total transaction of $66,685.52. Following the sale, the director now owns 823 shares in the company, valued at approximately $30,055.96. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman John C. Malone sold 18,000 shares of the company’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $43.28, for a total value of $779,040.00. Following the sale, the chairman now owns 14,523,102 shares in the company, valued at approximately $628,559,854.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 190,826 shares of company stock worth $7,309,976. 5.34% of the stock is owned by corporate insiders.

Liberty Media Corporation (NASDAQ:FWONA) opened at $34.42 on Wednesday. Liberty Media Corporation has a 12 month low of $27.63 and a 12 month high of $39.37. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.63.

Liberty Media Corporation Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:FWONA)

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