Archon Partners LLC maintained its position in Liberty Media Corporation (NASDAQ:BATRK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,500 shares of the financial services provider’s stock at the end of the second quarter. Archon Partners LLC owned about 0.24% of Liberty Media Corporation worth $2,840,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FNY Partners Fund LP acquired a new stake in shares of Liberty Media Corporation during the first quarter worth about $130,000. US Bancorp DE raised its stake in shares of 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 last quarter. Seizert Capital Partners LLC acquired a new stake in shares of Liberty Media Corporation during the first quarter worth about $210,000. MARSHALL WACE ASIA Ltd acquired a new stake in shares of Liberty Media Corporation during the first quarter worth about $258,000. Finally, Marshall Wace North America L.P. acquired a new stake in shares of Liberty Media Corporation during the first quarter worth about $258,000. 70.10% of the stock is currently owned by institutional investors.

Shares of Liberty Media Corporation (BATRK) opened at 23.97 on Tuesday. The stock’s 50 day moving average price is $24.52 and its 200-day moving average price is $23.51. The stock’s market capitalization is $1.19 billion. Liberty Media Corporation has a 12 month low of $16.18 and a 12 month high of $25.97.

WARNING: This report was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/29/liberty-media-corporation-batrk-stake-held-by-archon-partners-llc.html.

A number of analysts have recently issued reports on the company. Zacks Investment Research lowered Liberty Media Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Morgan Stanley reaffirmed an “underweight” rating and set a $22.00 target price (up from $17.00) on shares of Liberty Media Corporation in a research report on Thursday, June 1st.

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).

Want to see what other hedge funds are holding BATRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Corporation (NASDAQ:BATRK).

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

Receive News & Stock Ratings for Liberty Media Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Corporation and related stocks with our FREE daily email newsletter.