Seizert Capital Partners LLC Decreases Position in Liberty Media Corporation (LSXMK)
Seizert Capital Partners LLC reduced its position in shares of Liberty Media Corporation (NASDAQ:LSXMK) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,983,410 shares of the technology company’s stock after selling 64,851 shares during the period. Liberty Media Corporation makes up 4.1% of Seizert Capital Partners LLC’s investment portfolio, making the stock its largest position. Seizert Capital Partners LLC owned 0.89% of Liberty Media Corporation worth $115,697,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of LSXMK. First Quadrant L P CA boosted its position in Liberty Media Corporation by 174.8% in the first quarter. First Quadrant L P CA now owns 3,004 shares of the technology company’s stock worth $116,000 after buying an additional 1,911 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in Liberty Media Corporation by 7.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 5,359 shares of the technology company’s stock worth $194,000 after buying an additional 373 shares during the period. Breton Hill Capital Ltd. purchased a new position in Liberty Media Corporation during the first quarter worth about $209,000. Wrapmanager Inc. bought a new position in shares of Liberty Media Corporation during the fourth quarter valued at $211,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Liberty Media Corporation by 14.3% in the first quarter. Daiwa Securities Group Inc. now owns 5,600 shares of the technology company’s stock valued at $217,000 after buying an additional 700 shares during the last quarter. 79.18% of the stock is currently owned by institutional investors.
Liberty Media Corporation (NASDAQ LSXMK) traded down 0.05% during trading on Friday, reaching $39.82. The company had a trading volume of 1,452,457 shares. Liberty Media Corporation has a one year low of $29.01 and a one year high of $43.25. The company has a market capitalization of $13.37 billion, a price-to-earnings ratio of 30.44 and a beta of 2.39. The company has a 50-day moving average price of $39.12 and a 200 day moving average price of $37.45.
Separately, Zacks Investment Research cut Liberty Media Corporation from a “hold” rating to a “sell” rating in a report on Friday, April 21st.
In related news, major shareholder Berkshire Hathaway Inc purchased 1,867,530 shares of Liberty Media Corporation stock in a transaction dated Wednesday, May 17th. The stock was purchased at an average cost of $36.44 per share, for a total transaction of $68,052,793.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought 7,733,876 shares of company stock valued at $302,006,175 over the last quarter.
About Liberty Media Corporation
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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