Principal Financial Group Inc. lowered its stake in shares of Liberty Media Corporation (NASDAQ:LSXMK) by 0.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,794,234 shares of the technology company’s stock after selling 1,488 shares during the period. Principal Financial Group Inc. owned 1.43% of Liberty Media Corporation worth $199,919,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. First Quadrant L P CA raised its position in shares of 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 valued at $116,000 after buying an additional 1,911 shares in the last quarter. Creative Planning raised its position in shares of Liberty Media Corporation by 16.1% in the second quarter. Creative Planning now owns 3,840 shares of the technology company’s stock valued at $160,000 after buying an additional 532 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Liberty Media Corporation during the first quarter valued at approximately $153,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in shares of Liberty Media Corporation by 9.6% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,493 shares of the technology company’s stock valued at $174,000 after buying an additional 393 shares in the last quarter. Finally, RMB Capital Management LLC purchased a new position in shares of Liberty Media Corporation during the first quarter valued at approximately $204,000. 77.03% of the stock is owned by institutional investors and hedge funds.

Liberty Media Corporation (LSXMK) opened at 44.06 on Thursday. The stock has a 50 day moving average price of $42.96 and a 200 day moving average price of $40.01. Liberty Media Corporation has a 52-week low of $31.34 and a 52-week high of $46.24. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 32.02 and a beta of 2.52.

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LSXMK has been the subject of several recent analyst reports. Zacks Investment Research lowered Liberty Media Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. TheStreet raised Liberty Media Corporation from a “d” rating to a “c” rating in a research report on Friday, July 7th.

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).

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

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