Dimensional Fund Advisors LP reduced its stake in shares of Liberty Media Corporation (NASDAQ:BATRK) by 3.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,096 shares of the financial services provider’s stock after selling 3,980 shares during the period. Dimensional Fund Advisors LP owned about 0.25% of Liberty Media Corporation worth $2,958,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Gamco Investors INC. ET AL raised its stake in shares of 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 valued at $19,942,000 after buying an additional 44,091 shares in the last quarter. Eagle Asset Management Inc. raised its stake in shares of 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 valued at $19,263,000 after buying an additional 12,728 shares in the last quarter. Gabelli Funds LLC raised its stake in shares of 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 valued at $16,427,000 after buying an additional 15,298 shares in the last quarter. Van Den Berg Management I Inc. raised its stake in shares of Liberty Media Corporation by 3.6% in the first quarter. Van Den Berg Management I Inc. now owns 382,311 shares of the financial services provider’s stock valued at $9,042,000 after buying an additional 13,284 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Liberty Media Corporation by 3.9% in the first quarter. Geode Capital Management LLC now owns 268,769 shares of the financial services provider’s stock valued at $6,356,000 after buying an additional 10,061 shares in the last quarter. 70.10% of the stock is currently owned by institutional investors and hedge funds.

Shares of Liberty Media Corporation (NASDAQ BATRK) traded up 1.55% during trading on Thursday, reaching $24.23. The company’s stock had a trading volume of 29,474 shares. The firm’s 50-day moving average is $24.52 and its 200 day moving average is $23.51. Liberty Media Corporation has a 52-week low of $16.18 and a 52-week high of $25.97. The company’s market cap is $1.20 billion.

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Several analysts recently commented on BATRK shares. Zacks Investment Research raised 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. Morgan Stanley reaffirmed an “underweight” rating and issued a $22.00 price target (up previously from $17.00) on shares of Liberty Media Corporation in a research note on Thursday, June 1st.

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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