Gamco Investors INC. ET AL reduced its stake in shares of Liberty Media Corporation (NASDAQ:LSXMA) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 576,082 shares of the company’s stock after selling 53,567 shares during the period. Gamco Investors INC. ET AL owned approximately 0.17% of Liberty Media Corporation worth $19,886,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Citadel Advisors LLC raised its position in shares of Liberty Media Corporation by 5.7% in the third quarter. Citadel Advisors LLC now owns 642,703 shares of the company’s stock valued at $21,839,000 after buying an additional 34,880 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Liberty Media Corporation by 7,897.1% in the third quarter. Victory Capital Management Inc. now owns 896,794 shares of the company’s stock valued at $30,473,000 after buying an additional 885,580 shares during the last quarter. BlackRock Inc. raised its position in shares of Liberty Media Corporation by 2.9% in the third quarter. BlackRock Inc. now owns 100,002 shares of the company’s stock valued at $3,399,000 after buying an additional 2,780 shares during the last quarter. First Trust Advisors LP raised its position in shares of Liberty Media Corporation by 0.3% in the third quarter. First Trust Advisors LP now owns 176,082 shares of the company’s stock valued at $5,983,000 after buying an additional 567 shares during the last quarter. Finally, BlackRock Japan Co. Ltd raised its position in shares of Liberty Media Corporation by 1.0% in the third quarter. BlackRock Japan Co. Ltd now owns 115,336 shares of the company’s stock valued at $3,919,000 after buying an additional 1,117 shares during the last quarter. 24.44% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:LSXMA)

Liberty Media Corporation (NASDAQ:LSXMA) traded up 0.63% during trading on Friday, hitting $38.17. 60,618 shares of the company traded hands. The company’s market capitalization is $12.79 billion. Liberty Media Corporation has a 12-month low of $28.00 and a 12-month high of $38.19. The stock has a 50 day moving average price of $35.83 and a 200 day moving average price of $34.55.

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LSXMA has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Liberty Media Corporation from a “buy” rating to a “sell” rating in a research report on Tuesday, October 25th. Deutsche Bank AG downgraded shares of Liberty Media Corporation from a “buy” rating to a “hold” rating and upped their price target for the company from $37.00 to $39.00 in a research note on Wednesday, November 16th. They noted that the move was a valuation call. Macquarie upgraded shares of Liberty Media Corporation from a “neutral” rating to an “outperform” rating and set a $41.00 price target on the stock in a research note on Monday, November 14th. Morgan Stanley downgraded shares of Liberty Media Corporation from an “overweight” rating to an “equal weight” rating in a research note on Monday, January 23rd. Finally, FBR & Co restated a “buy” rating and issued a $48.00 price target on shares of Liberty Media Corporation in a research note on Monday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. Liberty Media Corporation presently has a consensus rating of “Buy” and a consensus target price of $42.14.

About Liberty Media Corporation

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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