Separately, ValuEngine downgraded shares of Liberty Media Corporation from a buy rating to a hold rating in a research report on Friday, August 11th.
Liberty Media Corporation (NASDAQ BATRA) opened at $21.71 on Thursday. Liberty Media Corporation has a 1 year low of $18.70 and a 1 year high of $26.52.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in shares of Liberty Media Corporation by 106.8% in the second quarter. Royal Bank of Canada now owns 4,857 shares of the financial services provider’s stock worth $117,000 after buying an additional 2,508 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Liberty Media Corporation in the second quarter worth $269,000. The Manufacturers Life Insurance Company lifted its stake in shares of Liberty Media Corporation by 19.0% in the second quarter. The Manufacturers Life Insurance Company now owns 12,426 shares of the financial services provider’s stock worth $296,000 after buying an additional 1,984 shares during the last quarter. Deltec Asset Management LLC acquired a new stake in shares of Liberty Media Corporation in the third quarter worth $329,000. Finally, Marshall Wace North America L.P. acquired a new position in Liberty Media Corporation during the 2nd quarter worth about $328,000. Hedge funds and other institutional investors own 76.57% of the company’s stock.
About Liberty Media Corporation
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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