Utah Retirement Systems acquired a new position in shares of Liberty Media Corporation (NASDAQ:FWONK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,427 shares of the company’s stock, valued at approximately $712,000.

Several other hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in shares of Liberty Media Corporation during the 2nd quarter worth about $183,000. Teacher Retirement System of Texas purchased a new position in shares of Liberty Media Corporation during the 2nd quarter worth about $272,000. Carnick & Kubik Group LLC purchased a new position in shares of Liberty Media Corporation during the 2nd quarter worth about $330,000. Advisors Asset Management Inc. purchased a new position in shares of Liberty Media Corporation during the 2nd quarter worth about $387,000. Finally, Comerica Bank purchased a new position in shares of Liberty Media Corporation during the 2nd quarter worth about $537,000. Institutional investors and hedge funds own 90.03% of the company’s stock.

Liberty Media Corporation (FWONK) opened at 39.31 on Wednesday. Liberty Media Corporation has a 12-month low of $23.71 and a 12-month high of $39.68. The company has a 50-day moving average of $36.12 and a 200 day moving average of $34.65. The stock’s market cap is $8.45 billion.

FWONK has been the topic of several research reports. Barclays PLC initiated coverage on shares of Liberty Media Corporation in a report on Tuesday, May 23rd. They issued an “equal weight” rating and a $33.00 price target on the stock. Morgan Stanley restated an “equal weight” rating and issued a $35.00 price target (up previously from $29.00) on shares of Liberty Media Corporation in a report on Thursday, June 1st. Finally, Zacks Investment Research lowered shares of Liberty Media Corporation from a “hold” rating to a “sell” rating in a report on Monday, June 5th.

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Liberty Media Corporation Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

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

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