Amalgamated Bank increased its position in shares of Liberty Media Corporation (NASDAQ:FWONK) by 67.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,260 shares of the company’s stock after buying an additional 13,001 shares during the quarter. Amalgamated Bank’s holdings in Liberty Media were worth $1,229,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FWONK. Vanguard Group Inc. bought a new position in Liberty Media in the second quarter valued at approximately $400,601,000. FMR LLC bought a new position in Liberty Media in the second quarter valued at approximately $332,524,000. Coatue Management LLC bought a new position in Liberty Media in the second quarter valued at approximately $219,720,000. Southeastern Asset Management Inc. TN bought a new position in Liberty Media in the second quarter valued at approximately $188,027,000. Finally, BlackRock Inc. bought a new position in Liberty Media in the second quarter valued at approximately $183,521,000. Institutional investors and hedge funds own 84.76% of the company’s stock.

A number of research firms have weighed in on FWONK. J P Morgan Chase & Co began coverage on Liberty Media in a research note on Tuesday, October 3rd. They issued a “neutral” rating and a $38.00 price target for the company. Morgan Stanley raised their price target on Liberty Media from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Friday, October 20th. Bank of America began coverage on Liberty Media in a research note on Thursday, September 28th. They issued a “buy” rating and a $45.00 price target for the company. Zacks Investment Research upgraded Liberty Media from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research note on Monday, October 16th. Finally, Barclays raised their price target on Liberty Media from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, November 10th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $44.57.

Shares of Liberty Media Corporation (FWONK) opened at $35.85 on Friday. Liberty Media Corporation has a 52-week low of $27.55 and a 52-week high of $41.14.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/amalgamated-bank-boosts-position-in-liberty-media-corporation-fwonk/1738439.html.

Liberty Media Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

Institutional Ownership by Quarter for Liberty Media (NASDAQ:FWONK)

Receive News & Ratings for Liberty Media Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.