Fairview Capital Investment Management LLC acquired a new stake in Liberty Media Corporation (NASDAQ:FWONK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,646,849 shares of the company’s stock, valued at approximately $60,308,000. Liberty Media Corporation accounts for approximately 4.0% of Fairview Capital Investment Management LLC’s holdings, making the stock its 7th largest holding. Fairview Capital Investment Management LLC owned about 0.82% of Liberty Media Corporation at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Liberty Media Corporation in the second quarter valued at $623,000. Carnick & Kubik Group LLC bought a new position in shares of Liberty Media Corporation in the second quarter valued at about $330,000. Schwab Charles Investment Management Inc. bought a new position in shares of Liberty Media Corporation in the second quarter valued at about $11,139,000. Teacher Retirement System of Texas bought a new position in shares of Liberty Media Corporation in the second quarter valued at about $272,000. Finally, Rhumbline Advisers bought a new position in shares of Liberty Media Corporation in the second quarter valued at about $3,627,000. Hedge funds and other institutional investors own 78.23% of the company’s stock.

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A number of analysts have recently issued reports on FWONK shares. Bank of America Corporation began coverage on shares of Liberty Media Corporation in a research note on Thursday. They set a “buy” rating for the company. Zacks Investment Research upgraded shares of Liberty Media Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $33.00.

Liberty Media Corporation (NASDAQ FWONK) traded down 0.47% during trading on Monday, hitting $37.91. The stock had a trading volume of 176,521 shares. The firm has a 50 day moving average price of $36.85 and a 200-day moving average price of $34.93. Liberty Media Corporation has a 1-year low of $26.44 and a 1-year high of $39.68. The firm’s market capitalization is $7.09 billion.

Liberty Media Corporation 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 Corporation (NASDAQ:FWONK)

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