Liberty Media Corporation (NASDAQ:BATRK) was downgraded by investment analysts at TheStreet from a “c-” rating to a “d” rating in a note issued to investors on Thursday.

Other research analysts have also recently issued reports about the company. Zacks Investment Research cut Liberty Media Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Morgan Stanley boosted their price target on Liberty Media Corporation from $22.00 to $25.00 and gave the stock an “underweight” rating in a report on Thursday, September 21st.

Liberty Media Corporation (BATRK) opened at $22.72 on Thursday. Liberty Media Corporation has a twelve month low of $16.28 and a twelve month high of $26.20.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/11/06/thestreet-downgrades-liberty-media-corporation-batrk-to-d.html.

A number of large investors have recently added to or reduced their stakes in the business. Gamco Investors INC. ET AL increased its stake in Liberty Media Corporation by 10.5% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,572,164 shares of the financial services provider’s stock worth $39,729,000 after acquiring an additional 149,922 shares during the last quarter. EastBay Asset Management LLC increased its stake in Liberty Media Corporation by 12.7% in the 2nd quarter. EastBay Asset Management LLC now owns 1,590,044 shares of the financial services provider’s stock worth $38,114,000 after acquiring an additional 179,345 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Liberty Media Corporation by 1.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,322 shares of the financial services provider’s stock worth $583,000 after acquiring an additional 313 shares during the last quarter. State Street Corp increased its stake in Liberty Media Corporation by 5.8% in the 2nd quarter. State Street Corp now owns 639,736 shares of the financial services provider’s stock worth $15,328,000 after acquiring an additional 35,323 shares during the last quarter. Finally, JT Stratford LLC increased its stake in Liberty Media Corporation by 7.3% in the 2nd quarter. JT Stratford LLC now owns 17,032 shares of the financial services provider’s stock worth $408,000 after acquiring an additional 1,156 shares during the last quarter. 69.77% of the stock is currently owned by institutional investors and hedge funds.

Liberty Media Corporation Company 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).

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.