Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys New Holdings in Liberty Media Co. – Series C Liberty Formula One (FWONK)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new position in shares of Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 27,359 shares of the company’s stock, valued at approximately $936,000.

Other institutional investors have also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Liberty Media Co. – Series C Liberty Formula One during the fourth quarter worth about $109,000. Massey Quick Simon & CO. LLC acquired a new position in Liberty Media Co. – Series C Liberty Formula One during the third quarter worth about $161,000. Beck Mack & Oliver LLC acquired a new position in Liberty Media Co. – Series C Liberty Formula One during the third quarter worth about $202,000. Ameriprise Financial Inc. acquired a new position in Liberty Media Co. – Series C Liberty Formula One during the second quarter worth about $211,000. Finally, Klingman & Associates LLC acquired a new position in Liberty Media Co. – Series C Liberty Formula One during the fourth quarter worth about $216,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

Several brokerages have weighed in on FWONK. Zacks Investment Research lowered shares of Liberty Media Co. – Series C Liberty Formula One from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Morgan Stanley upped their target price on shares of Liberty Media Co. – Series C Liberty Formula One from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Friday, October 20th. Barclays upped their target price on shares of Liberty Media Co. – Series C Liberty Formula One from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. upped their target price on shares of Liberty Media Co. – Series C Liberty Formula One from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Pivotal Research upped their target price on shares of Liberty Media Co. – Series C Liberty Formula One from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $44.14.

Liberty Media Co. – Series C Liberty Formula One (FWONK) opened at $34.43 on Wednesday. Liberty Media Co. – Series C Liberty Formula One has a 1 year low of $30.61 and a 1 year high of $41.14.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/14/mitsubishi-ufj-kokusai-asset-management-co-ltd-buys-new-holdings-in-liberty-media-co-series-c-liberty-formula-one-fwonk.html.

Liberty Media Co. – Series C Liberty Formula One Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

Want to see what other hedge funds are holding FWONK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK).

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

Receive News & Ratings for Liberty Media Co. - Series C Liberty Formula One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Co. - Series C Liberty Formula One and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply