Principal Financial Group Inc. continued to hold its position in Liberty Media Corporation (NASDAQ:BATRK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 822,171 shares of the financial services provider’s stock at the end of the 2nd quarter. Principal Financial Group Inc. owned about 1.66% of Liberty Media Corporation worth $19,707,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of Liberty Media Corporation by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 14,894 shares of the financial services provider’s stock valued at $353,000 after purchasing an additional 38 shares during the last quarter. Norman Fields Gottscho Capital Management LLC increased its position in shares of Liberty Media Corporation by 0.5% during the 2nd quarter. Norman Fields Gottscho Capital Management LLC now owns 96,625 shares of the financial services provider’s stock valued at $2,316,000 after purchasing an additional 500 shares during the last quarter. Rhumbline Advisers increased its position in shares of Liberty Media Corporation by 1.7% during the 2nd quarter. Rhumbline Advisers now owns 40,286 shares of the financial services provider’s stock valued at $966,000 after purchasing an additional 658 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its position in shares of Liberty Media Corporation by 6.2% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,339 shares of the financial services provider’s stock valued at $272,000 after purchasing an additional 661 shares during the last quarter. Finally, American International Group Inc. increased its position in shares of Liberty Media Corporation by 7.1% during the 1st quarter. American International Group Inc. now owns 19,375 shares of the financial services provider’s stock valued at $458,000 after purchasing an additional 1,278 shares during the last quarter. 70.10% of the stock is currently owned by institutional investors and hedge funds.

BATRK has been the topic of several analyst reports. Zacks Investment Research raised Liberty Media Corporation from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Wednesday, July 5th. Morgan Stanley reissued an “underweight” rating and set a $22.00 target price (up previously from $17.00) on shares of Liberty Media Corporation in a research report on Thursday, June 1st.

TRADEMARK VIOLATION WARNING: “Principal Financial Group Inc. Maintains Holdings in Liberty Media Corporation (BATRK)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/09/14/principal-financial-group-inc-maintains-holdings-in-liberty-media-corporation-batrk.html.

Liberty Media Corporation (BATRK) opened at 25.30 on Thursday. The stock’s 50 day moving average price is $24.74 and its 200 day moving average price is $23.85. The company’s market cap is $1.25 billion. Liberty Media Corporation has a 52-week low of $16.18 and a 52-week high of $25.97.

Liberty Media Corporation 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.