Teachers Advisors LLC Purchases 12,099 Shares of Liberty Media Co. (FWONK)

Teachers Advisors LLC lifted its position in shares of Liberty Media Co. (NASDAQ:FWONK) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,578 shares of the company’s stock after acquiring an additional 12,099 shares during the quarter. Teachers Advisors LLC owned approximately 0.09% of Liberty Media worth $7,296,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC raised its position in shares of Liberty Media by 24.4% during the fourth quarter. Guggenheim Capital LLC now owns 152,849 shares of the company’s stock worth $5,221,000 after acquiring an additional 29,987 shares during the last quarter. Calixto Global Investors LP bought a new stake in shares of Liberty Media during the fourth quarter worth $26,451,000. Deutsche Bank AG raised its position in shares of Liberty Media by 47.0% during the fourth quarter. Deutsche Bank AG now owns 174,006 shares of the company’s stock worth $5,940,000 after acquiring an additional 55,625 shares during the last quarter. Nomura Asset Management Co. Ltd. bought a new stake in shares of Liberty Media during the fourth quarter worth $830,000. Finally, AMP Capital Investors Ltd bought a new stake in Liberty Media in the fourth quarter valued at about $1,017,000. Institutional investors own 86.19% of the company’s stock.

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NASDAQ FWONK opened at $29.76 on Friday. The stock has a market capitalization of $6,968.55, a P/E ratio of 32.12 and a beta of 1.48. Liberty Media Co. has a 12 month low of $28.37 and a 12 month high of $41.14.

Liberty Media (NASDAQ:FWONK) last released its quarterly earnings data on Thursday, March 1st. The company reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $2.24. The company had revenue of $570.00 million during the quarter, compared to the consensus estimate of $564.40 million. equities analysts expect that Liberty Media Co. will post -0.66 EPS for the current fiscal year.

A number of equities research analysts recently commented on FWONK shares. Zacks Investment Research upgraded Liberty Media from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a report on Thursday, February 1st. Morgan Stanley upgraded Liberty Media from an “equal weight” rating to an “overweight” rating and set a $39.00 price objective for the company in a report on Tuesday, January 30th. Finally, ValuEngine downgraded Liberty Media from a “hold” rating to a “sell” rating in a report on Monday, March 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $44.14.

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Liberty Media Profile

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

Institutional Ownership by Quarter for Liberty Media (NASDAQ:FWONK)

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