Keybank National Association OH Has $445,000 Stock Holdings in Liberty Media Corporation – Liberty Formula One Series C $FWONK

Keybank National Association OH decreased its position in shares of Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) by 34.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,254 shares of the company’s stock after selling 2,237 shares during the quarter. Keybank National Association OH’s holdings in Liberty Media Corporation – Liberty Formula One Series C were worth $445,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. TD Asset Management Inc lifted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 15.8% during the 2nd quarter. TD Asset Management Inc now owns 1,103,812 shares of the company’s stock worth $115,348,000 after buying an additional 150,295 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 0.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 410,337 shares of the company’s stock worth $42,880,000 after buying an additional 1,057 shares in the last quarter. Cooper Investors PTY Ltd. lifted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 6.6% during the 2nd quarter. Cooper Investors PTY Ltd. now owns 202,538 shares of the company’s stock worth $21,165,000 after buying an additional 12,580 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 0.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 193,040 shares of the company’s stock worth $19,655,000 after buying an additional 694 shares in the last quarter. Finally, Greenwood Gearhart Inc. lifted its holdings in Liberty Media Corporation – Liberty Formula One Series C by 0.4% during the 2nd quarter. Greenwood Gearhart Inc. now owns 175,020 shares of the company’s stock worth $18,289,000 after buying an additional 692 shares in the last quarter. Institutional investors and hedge funds own 92.26% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series C Stock Performance

Shares of Liberty Media Corporation – Liberty Formula One Series C stock opened at $100.75 on Wednesday. Liberty Media Corporation – Liberty Formula One Series C has a 52 week low of $75.26 and a 52 week high of $109.36. The firm has a fifty day moving average of $101.27 and a two-hundred day moving average of $99.38. The stock has a market capitalization of $22.53 billion, a price-to-earnings ratio of 98.78 and a beta of 0.46.

Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK) last released its quarterly earnings data on Thursday, August 7th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.71. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.28 billion. As a group, research analysts forecast that Liberty Media Corporation – Liberty Formula One Series C will post 1.36 EPS for the current fiscal year.

Insider Activity at Liberty Media Corporation – Liberty Formula One Series C

In related news, Director Malcolm Ian Grant Gilchrist sold 898 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $100.20, for a total value of $89,979.60. Following the completion of the sale, the director owned 1,781 shares in the company, valued at $178,456.20. This represents a 33.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders have sold 5,651 shares of company stock valued at $572,250.

Analysts Set New Price Targets

Several research analysts have issued reports on FWONK shares. UBS Group upped their price objective on Liberty Media Corporation – Liberty Formula One Series C from $98.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, August 8th. JPMorgan Chase & Co. upped their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $108.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Wall Street Zen cut shares of Liberty Media Corporation – Liberty Formula One Series C from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series C in a research report on Tuesday, October 14th. Finally, Bank of America began coverage on shares of Liberty Media Corporation – Liberty Formula One Series C in a research report on Monday, August 4th. They set a “neutral” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Liberty Media Corporation – Liberty Formula One Series C currently has a consensus rating of “Moderate Buy” and an average price target of $111.22.

Liberty Media Corporation – Liberty Formula One Series C Profile

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.