Airain ltd bought a new position in shares of Liberty Media Corporation (NASDAQ:FWONA) during the second quarter, according to its most recent filing with the SEC. The fund bought 34,244 shares of the company’s stock, valued at approximately $1,200,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Legal & General Group Plc acquired a new stake in shares of Liberty Media Corporation during the second quarter worth approximately $109,000. Wayne Hummer Investments L.L.C. acquired a new stake in shares of Liberty Media Corporation during the second quarter worth approximately $218,000. SG Americas Securities LLC acquired a new stake in shares of Liberty Media Corporation during the second quarter worth approximately $229,000. Prudential Financial Inc. acquired a new stake in shares of Liberty Media Corporation during the second quarter worth approximately $262,000. Finally, Mad River Investors acquired a new stake in shares of Liberty Media Corporation during the second quarter worth approximately $590,000. Hedge funds and other institutional investors own 12.22% of the company’s stock.

Shares of Liberty Media Corporation (FWONA) opened at 37.62 on Friday. The company’s market cap is $8.09 billion. The company’s 50-day moving average is $34.14 and its 200-day moving average is $33.08. Liberty Media Corporation has a 12-month low of $20.90 and a 12-month high of $38.30.

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A number of brokerages recently commented on FWONA. Zacks Investment Research cut shares of Liberty Media Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 1st. FBR & Co upped their price target on shares of Liberty Media Corporation from $31.00 to $33.00 and gave the company a “neutral” rating in a research note on Tuesday, August 15th. Pivotal Research dropped their price target on shares of Liberty Media Corporation from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 24th. FBN Securities cut shares of Liberty Media Corporation from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, June 6th. Finally, Citigroup Inc. upped their price target on shares of Liberty Media Corporation from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, August 14th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Liberty Media Corporation has a consensus rating of “Hold” and a consensus price target of $35.83.

Liberty Media Corporation Company Profile

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

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

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