B. Metzler seel. Sohn & Co. AG Sells 5,841 Shares of Liberty Media Corporation – Liberty Formula One Series C $FWONK

B. Metzler seel. Sohn & Co. AG decreased its holdings in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) by 21.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,623 shares of the company’s stock after selling 5,841 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Liberty Media Corporation – Liberty Formula One Series C were worth $2,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 3rd quarter valued at $34,000. Headlands Technologies LLC bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 2nd quarter valued at $38,000. Osterweis Capital Management Inc. bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 2nd quarter valued at $39,000. Root Financial Partners LLC bought a new stake in Liberty Media Corporation – Liberty Formula One Series C during the 3rd quarter valued at $41,000. Finally, Farther Finance Advisors LLC raised its holdings in Liberty Media Corporation – Liberty Formula One Series C by 138.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 451 shares of the company’s stock valued at $47,000 after acquiring an additional 262 shares during the period. Institutional investors own 92.26% of the company’s stock.

Wall Street Analyst Weigh In

FWONK has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $95.00 to $89.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. UBS Group lowered their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $107.00 to $104.00 and set a “neutral” rating on the stock in a report on Wednesday, April 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a report on Friday, March 27th. JPMorgan Chase & Co. lowered their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $122.00 to $115.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. Finally, Sanford C. Bernstein raised shares of Liberty Media Corporation – Liberty Formula One Series C from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $110.00 to $111.00 in a report on Monday, January 12th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.78.

Liberty Media Corporation – Liberty Formula One Series C Price Performance

FWONK opened at $88.60 on Friday. The company has a fifty day moving average price of $86.86 and a 200-day moving average price of $91.94. The firm has a market capitalization of $19.86 billion, a P/E ratio of 40.27, a price-to-earnings-growth ratio of 15.85 and a beta of 0.53. Liberty Media Corporation – Liberty Formula One Series C has a one year low of $80.15 and a one year high of $109.36.

Liberty Media Corporation – Liberty Formula One Series C Profile

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ: FWONK) is a tracking stock that represents Liberty Media’s economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world’s largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.

The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.