Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) Upgraded at Zacks Research

Zacks Research upgraded shares of Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

Liberty Media Corporation – Liberty Live Series C Price Performance

Shares of LLYVK opened at $101.90 on Tuesday. The firm’s 50 day moving average is $89.00 and its 200-day moving average is $78.19. The stock has a market capitalization of $9.36 billion, a P/E ratio of -32.66 and a beta of 1.42. Liberty Media Corporation – Liberty Live Series C has a 12-month low of $39.73 and a 12-month high of $102.13.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LLC acquired a new position in Liberty Media Corporation – Liberty Live Series C in the second quarter worth approximately $227,000. London Co. of Virginia grew its position in Liberty Media Corporation – Liberty Live Series C by 2.1% in the second quarter. London Co. of Virginia now owns 209,968 shares of the company’s stock worth $17,041,000 after buying an additional 4,349 shares during the last quarter. Hound Partners LLC grew its position in Liberty Media Corporation – Liberty Live Series C by 84.7% in the second quarter. Hound Partners LLC now owns 219,194 shares of the company’s stock worth $17,790,000 after buying an additional 100,543 shares during the last quarter. BNP Paribas Financial Markets grew its position in Liberty Media Corporation – Liberty Live Series C by 1.4% in the second quarter. BNP Paribas Financial Markets now owns 217,385 shares of the company’s stock worth $17,643,000 after buying an additional 3,106 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its position in Liberty Media Corporation – Liberty Live Series C by 2.2% in the second quarter. Balyasny Asset Management L.P. now owns 71,011 shares of the company’s stock worth $5,763,000 after buying an additional 1,501 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

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.