State Board of Administration of Florida Retirement System lifted its holdings in shares of Liberty Media Formula One Series C (NASDAQ:FWONK) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 212,406 shares of the company’s stock after buying an additional 3,930 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.09% of Liberty Media Formula One Series C worth $7,887,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Brinker Capital Inc. boosted its position in shares of Liberty Media Formula One Series C by 15.1% during the first quarter. Brinker Capital Inc. now owns 13,060 shares of the company’s stock valued at $403,000 after buying an additional 1,713 shares during the last quarter. Comerica Bank boosted its position in Liberty Media Formula One Series C by 9.4% in the second quarter. Comerica Bank now owns 21,206 shares of the company’s stock worth $816,000 after purchasing an additional 1,823 shares during the last quarter. Toronto Dominion Bank boosted its position in Liberty Media Formula One Series C by 16.2% in the first quarter. Toronto Dominion Bank now owns 13,793 shares of the company’s stock worth $426,000 after purchasing an additional 1,920 shares during the last quarter. Amalgamated Bank boosted its position in Liberty Media Formula One Series C by 5.6% in the second quarter. Amalgamated Bank now owns 37,500 shares of the company’s stock worth $1,392,000 after purchasing an additional 1,989 shares during the last quarter. Finally, Hosking Partners LLP boosted its position in Liberty Media Formula One Series C by 4.3% in the first quarter. Hosking Partners LLP now owns 61,095 shares of the company’s stock worth $1,885,000 after purchasing an additional 2,500 shares during the last quarter. 94.51% of the stock is currently owned by institutional investors.

NASDAQ FWONK opened at $36.77 on Friday. Liberty Media Formula One Series C has a 52 week low of $28.37 and a 52 week high of $41.14. The stock has a market capitalization of $8.33 billion, a PE ratio of 30.39 and a beta of 1.40.

Several research analysts have issued reports on the company. ValuEngine raised Liberty Media Formula One Series C from a “hold” rating to a “buy” rating in a research report on Friday, July 6th. Morgan Stanley dropped their target price on Liberty Media Formula One Series C from $47.00 to $42.00 and set an “overweight” rating on the stock in a research report on Thursday, May 24th. Finally, Zacks Investment Research raised Liberty Media Formula One Series C from a “hold” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a research report on Tuesday, May 15th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $42.86.

Liberty Media Formula One Series C Profile

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

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Institutional Ownership by Quarter for Liberty Media Formula One Series C (NASDAQ:FWONK)

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