Voya Investment Management LLC cut its stake in Liberty Media Corporation (NASDAQ:LSXMK) by 9.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,075 shares of the technology company’s stock after selling 5,214 shares during the period. Voya Investment Management LLC’s holdings in Liberty Media Corporation were worth $2,088,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. Creative Planning grew its position in Liberty Media Corporation by 16.1% during the 2nd quarter. Creative Planning now owns 3,840 shares of the technology company’s stock worth $160,000 after acquiring an additional 532 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Liberty Media Corporation in the 1st quarter valued at about $153,000. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in shares of Liberty Media Corporation by 9.6% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,493 shares of the technology company’s stock valued at $174,000 after buying an additional 393 shares during the last quarter. RMB Capital Management LLC bought a new stake in shares of Liberty Media Corporation in the 1st quarter valued at about $204,000. Finally, United Services Automobile Association bought a new stake in shares of Liberty Media Corporation in the 1st quarter valued at about $217,000. 76.94% of the stock is owned by institutional investors.
A number of research analysts recently weighed in on the company. TheStreet raised Liberty Media Corporation from a “d” rating to a “c” rating in a research note on Friday, July 7th. Zacks Investment Research raised Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 2nd.
Shares of Liberty Media Corporation (LSXMK) opened at 42.11 on Friday. Liberty Media Corporation has a 12 month low of $32.13 and a 12 month high of $44.17. The company’s 50 day moving average price is $42.68 and its 200-day moving average price is $42.68. The stock has a market capitalization of $14.15 billion, a P/E ratio of 30.60 and a beta of 2.41.
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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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