Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in Liberty Media Corporation – Liberty Live Series A $LLYVA

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 61,193 shares of the company’s stock, valued at approximately $5,608,000. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.07% of Liberty Media Corporation – Liberty Live Series A as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. ValueAct Holdings L.P. grew its stake in shares of Liberty Media Corporation – Liberty Live Series A by 4.6% in the fourth quarter. ValueAct Holdings L.P. now owns 1,799,319 shares of the company’s stock valued at $146,644,000 after buying an additional 79,771 shares in the last quarter. Bank of America Corp DE raised its position in Liberty Media Corporation – Liberty Live Series A by 21.7% during the third quarter. Bank of America Corp DE now owns 493,211 shares of the company’s stock worth $46,510,000 after acquiring an additional 87,871 shares in the last quarter. Principal Financial Group Inc. raised its position in Liberty Media Corporation – Liberty Live Series A by 0.8% during the first quarter. Principal Financial Group Inc. now owns 405,218 shares of the company’s stock worth $37,134,000 after acquiring an additional 3,201 shares in the last quarter. Amundi acquired a new stake in Liberty Media Corporation – Liberty Live Series A in the third quarter valued at $33,923,000. Finally, Virtu Financial LLC lifted its stake in Liberty Media Corporation – Liberty Live Series A by 133.7% in the third quarter. Virtu Financial LLC now owns 356,459 shares of the company’s stock valued at $33,614,000 after acquiring an additional 203,902 shares during the last quarter. Institutional investors own 25.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Friday, May 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Liberty Media Corporation – Liberty Live Series A has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Trading Up 0.6%

Shares of NASDAQ LLYVA opened at $100.06 on Thursday. The company has a market capitalization of $9.21 billion, a P/E ratio of -28.27 and a beta of 0.92. Liberty Media Corporation – Liberty Live Series A has a 12 month low of $74.38 and a 12 month high of $105.47. The stock has a 50 day moving average of $97.39 and a 200-day moving average of $92.90.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The company had revenue of $63.62 million during the quarter, compared to analyst estimates of $70.40 million. Analysts predict that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current fiscal year.

Liberty Media Corporation – Liberty Live Series A Profile

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.