Credit Suisse AG reduced its stake in Liberty Media Corporation (NASDAQ:BATRK) by 29.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,746 shares of the financial services provider’s stock after selling 25,363 shares during the period. Credit Suisse AG’s holdings in Liberty Media Corporation were worth $1,438,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Seizert Capital Partners LLC purchased a new stake in Liberty Media Corporation during the first quarter worth approximately $210,000. Hosking Partners LLP boosted its stake in Liberty Media Corporation by 9.3% in the first quarter. Hosking Partners LLP now owns 39,366 shares of the financial services provider’s stock worth $931,000 after buying an additional 3,339 shares during the last quarter. Eagle Asset Management Inc. boosted its stake in Liberty Media Corporation by 1.6% in the first quarter. Eagle Asset Management Inc. now owns 814,539 shares of the financial services provider’s stock worth $19,263,000 after buying an additional 12,728 shares during the last quarter. Gabelli Funds LLC boosted its stake in Liberty Media Corporation by 2.3% in the first quarter. Gabelli Funds LLC now owns 694,586 shares of the financial services provider’s stock worth $16,427,000 after buying an additional 15,298 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in Liberty Media Corporation by 5.5% in the first quarter. Gamco Investors INC. ET AL now owns 843,200 shares of the financial services provider’s stock worth $19,942,000 after buying an additional 44,091 shares during the last quarter. 72.96% of the stock is owned by hedge funds and other institutional investors.

Shares of Liberty Media Corporation (NASDAQ:BATRK) traded down 1.35% on Tuesday, reaching $24.80. 10,795 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $24.44 and a 200 day moving average of $23.29. The firm’s market capitalization is $1.23 billion. Liberty Media Corporation has a one year low of $15.95 and a one year high of $25.97.

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BATRK has been the subject of a number of analyst reports. Morgan Stanley reissued an “underweight” rating and set a $22.00 target price (up previously from $17.00) on shares of Liberty Media Corporation in a research report on Thursday, June 1st. Zacks Investment Research raised shares of Liberty Media Corporation from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Wednesday, July 5th.

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

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