Highland Capital Management LLC Makes New Investment in Liberty Media Corporation – Liberty Live Series C $LLYVK

Highland Capital Management LLC bought a new position in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,649 shares of the company’s stock, valued at approximately $215,000.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in Liberty Media Corporation – Liberty Live Series C by 203.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 458 shares of the company’s stock worth $31,000 after buying an additional 307 shares during the period. State of Wyoming purchased a new position in shares of Liberty Media Corporation – Liberty Live Series C during the first quarter worth approximately $54,000. PNC Financial Services Group Inc. increased its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 15.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,592 shares of the company’s stock valued at $108,000 after acquiring an additional 214 shares during the period. Quantbot Technologies LP purchased a new stake in Liberty Media Corporation – Liberty Live Series C in the 1st quarter valued at $121,000. Finally, HighTower Advisors LLC acquired a new stake in Liberty Media Corporation – Liberty Live Series C during the 1st quarter worth $207,000. 60.36% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation – Liberty Live Series C Stock Performance

LLYVK stock opened at $90.05 on Tuesday. The stock has a market capitalization of $8.27 billion, a PE ratio of -28.86 and a beta of 1.37. The company has a fifty day moving average of $94.03 and a 200-day moving average of $81.61. Liberty Media Corporation – Liberty Live Series C has a one year low of $50.94 and a one year high of $102.62.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($1.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($3.15).

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Saturday, September 27th. Zacks Research raised Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a report on Tuesday, September 9th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Liberty Media Corporation – Liberty Live Series C presently has a consensus rating of “Reduce”.

About Liberty Media Corporation – Liberty Live Series C

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.