Key Square Capital Management LLC purchased a new position in shares of Liberty Media Corporation (NASDAQ:FWONK) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 57,400 shares of the company’s stock, valued at approximately $2,186,000. Liberty Media Corporation comprises approximately 0.4% of Key Square Capital Management LLC’s portfolio, making the stock its 20th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vantage Investment Advisors LLC purchased a new stake in Liberty Media Corporation in the 2nd quarter worth approximately $113,000. Massey Quick Simon & CO. LLC purchased a new stake in Liberty Media Corporation in the 3rd quarter worth approximately $161,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Liberty Media Corporation in the 2nd quarter worth approximately $173,000. SG Americas Securities LLC purchased a new stake in Liberty Media Corporation in the 2nd quarter worth approximately $183,000. Finally, D.A. Davidson & CO. purchased a new stake in Liberty Media Corporation in the 2nd quarter worth approximately $188,000. Institutional investors and hedge funds own 79.74% of the company’s stock.

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Liberty Media Corporation (NASDAQ FWONK) traded down $0.66 during trading on Wednesday, hitting $36.12. The company’s stock had a trading volume of 3,202,300 shares, compared to its average volume of 1,253,385. Liberty Media Corporation has a twelve month low of $27.55 and a twelve month high of $41.14.

FWONK has been the subject of several research analyst reports. Zacks Investment Research upgraded Liberty Media Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Bank of America Corporation initiated coverage on Liberty Media Corporation in a report on Thursday, September 28th. They issued a “buy” rating and a $45.00 price objective for the company. J P Morgan Chase & Co began coverage on Liberty Media Corporation in a report on Tuesday, October 3rd. They issued a “neutral” rating and a $38.00 price objective for the company. Morgan Stanley raised their target price on Liberty Media Corporation from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Friday, October 20th. Finally, Barclays PLC raised their target price on Liberty Media Corporation from $33.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, November 10th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $44.57.

Liberty Media Corporation Company 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.

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

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