Teachers Advisors LLC cut its position in Liberty Media Corporation (NASDAQ:BATRK) by 23.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,926 shares of the financial services provider’s stock after selling 17,105 shares during the period. Teachers Advisors LLC owned 0.11% of Liberty Media Corporation worth $1,299,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. First Manhattan Co. increased its position in Liberty Media Corporation by 1.1% in the first quarter. First Manhattan Co. now owns 119,475 shares of the financial services provider’s stock worth $2,076,000 after buying an additional 1,344 shares during the period. Kornitzer Capital Management Inc. KS increased its position in Liberty Media Corporation by 21.9% in the first quarter. Kornitzer Capital Management Inc. KS now owns 82,300 shares of the financial services provider’s stock worth $1,946,000 after buying an additional 14,800 shares during the period. US Bancorp DE increased its position in Liberty Media Corporation by 64.7% in the first quarter. US Bancorp DE now owns 7,746 shares of the financial services provider’s stock worth $182,000 after buying an additional 3,042 shares during the period. Bank of New York Mellon Corp increased its position in Liberty Media Corporation by 6.8% in the first quarter. Bank of New York Mellon Corp now owns 164,346 shares of the financial services provider’s stock worth $3,887,000 after buying an additional 10,408 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in Liberty Media Corporation by 4.6% in the first quarter. BNP Paribas Arbitrage SA now owns 133,824 shares of the financial services provider’s stock worth $3,165,000 after buying an additional 5,923 shares during the period. Hedge funds and other institutional investors own 70.10% of the company’s stock.

Shares of Liberty Media Corporation (BATRK) traded up 0.55% during trading on Monday, reaching $23.81. The company had a trading volume of 15,532 shares. The company’s 50 day moving average is $24.52 and its 200-day moving average is $23.51. Liberty Media Corporation has a 1-year low of $16.18 and a 1-year high of $25.97. The stock’s market capitalization is $1.18 billion.

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BATRK has been the topic of a number of research reports. Morgan Stanley restated an “underweight” rating and issued a $22.00 price target (up from $17.00) on shares of Liberty Media Corporation in a research note on Thursday, June 1st. Zacks Investment Research upgraded Liberty Media Corporation from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, July 5th.

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

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