Renaissance Technologies LLC purchased a new position in shares of Liberty Media Corporation (NASDAQ:BATRK) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 104,900 shares of the financial services provider’s stock, valued at approximately $2,481,000.

Other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its stake in Liberty Media Corporation by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 14,894 shares of the financial services provider’s stock worth $353,000 after buying an additional 38 shares during the period. American International Group Inc. boosted its stake in Liberty Media Corporation by 7.1% in the first quarter. American International Group Inc. now owns 19,375 shares of the financial services provider’s stock worth $458,000 after buying an additional 1,278 shares during the period. First Manhattan Co. boosted its stake in Liberty Media Corporation by 1.1% in the first quarter. First Manhattan Co. now owns 119,475 shares of the financial services provider’s stock worth $2,076,000 after buying an additional 1,344 shares during the period. US Bancorp DE boosted its stake in Liberty Media Corporation by 64.7% in the first quarter. US Bancorp DE now owns 7,746 shares of the financial services provider’s stock worth $182,000 after buying an additional 3,042 shares during the period. Finally, Hosking Partners LLP boosted its stake in Liberty Media Corporation by 9.3% in the first quarter. Hosking Partners LLP now owns 39,366 shares of the financial services provider’s stock worth $931,000 after buying an additional 3,339 shares during the period. Institutional investors own 72.96% of the company’s stock.

Shares of Liberty Media Corporation (NASDAQ:BATRK) traded down 0.32% on Wednesday, hitting $24.92. The stock had a trading volume of 5,850 shares. The stock has a 50 day moving average price of $24.47 and a 200-day moving average price of $23.32. The company’s market cap is $1.23 billion. Liberty Media Corporation has a 12-month low of $16.18 and a 12-month high of $25.97.

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BATRK has been the topic of a number of research reports. Zacks Investment Research lowered Liberty Media Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Morgan Stanley reissued an “underweight” rating and issued a $22.00 price objective (up from $17.00) on shares of Liberty Media Corporation in a report on Thursday, June 1st.

Liberty Media Corporation Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and 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:BATRK)

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