Hound Partners LLC Raises Stock Position in Liberty Media Corporation – Liberty Live Series C $LLYVK

Hound Partners LLC grew its stake in shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 84.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 219,194 shares of the company’s stock after acquiring an additional 100,543 shares during the period. Liberty Media Corporation – Liberty Live Series C accounts for about 2.4% of Hound Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Hound Partners LLC’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $17,790,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. increased its stake in shares of Liberty Media Corporation – Liberty Live Series C by 20.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 8,395,466 shares of the company’s stock valued at $572,068,000 after buying an additional 1,426,605 shares during the period. Bamco Inc. NY raised its holdings in shares of Liberty Media Corporation – Liberty Live Series C by 19.2% in the 2nd quarter. Bamco Inc. NY now owns 1,417,398 shares of the company’s stock valued at $115,036,000 after purchasing an additional 228,040 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Liberty Media Corporation – Liberty Live Series C by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 831,062 shares of the company’s stock worth $67,460,000 after purchasing an additional 12,443 shares during the period. State Street Corp increased its holdings in Liberty Media Corporation – Liberty Live Series C by 2.2% during the second quarter. State Street Corp now owns 825,898 shares of the company’s stock valued at $67,030,000 after buying an additional 17,989 shares during the period. Finally, Norges Bank bought a new stake in Liberty Media Corporation – Liberty Live Series C during the 2nd quarter valued at $58,978,000. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on LLYVK shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a research note on Wednesday, October 8th. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series C to a “hold” rating in a research 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series C Trading Up 0.4%

NASDAQ:LLYVK opened at $85.20 on Friday. The firm has a fifty day simple moving average of $85.75 and a 200-day simple moving average of $86.44. The company has a market capitalization of $7.83 billion, a P/E ratio of -22.07 and a beta of 1.41. Liberty Media Corporation – Liberty Live Series C has a 12 month low of $60.55 and a 12 month high of $102.62.

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.