Liberty Media Corp (LMCA) : Ratan Capital Management Lp added new position in Liberty Media Corp during the most recent quarter end. The investment management firm now holds 1,028,650 shares of Liberty Media Corp which is valued at $31,106,376 , the company said in a statement filed on Nov 14, 2016 with the SEC.Liberty Media Corp makes up approximately 24.84% of Ratan Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Sunbelt Securities sold out all of its stake in LMCA during the most recent quarter. The investment firm sold 217 shares of LMCA which is valued $6,562. Marshall Wace Llp added LMCA to its portfolio by purchasing 260,707 company shares during the most recent quarter which is valued at $7,372,794. Liberty Media Corp makes up approx 0.05% of Marshall Wace Llp’s portfolio.Blackrock Fund Advisors boosted its stake in LMCA in the latest quarter, The investment management firm added 40,899 additional shares and now holds a total of 595,010 shares of Liberty Media Corp which is valued at $16,541,278. Tower Research Capital (trc) added LMCA to its portfolio by purchasing 2,242 company shares during the most recent quarter which is valued at $62,328. Liberty Media Corp makes up approx 0.01% of Tower Research Capital (trc)’s portfolio.Plante Moran Financial Advisors reduced its stake in LMCA by selling 3 shares or 60.0% in the most recent quarter. The Hedge Fund company now holds 2 shares of LMCA which is valued at $54.
Liberty Media Corp opened for trading at $32.91 and hit $33.28 on the upside on Monday, eventually ending the session at $33.01, with a gain of 0.76% or 0.25 points. The heightened volatility saw the trading volume jump to 4,62,426 shares. Company has a market cap of $2,765 M.
Many Wall Street Analysts have commented on Liberty Media Corp. Company shares were Reiterated by Pivotal Research Group on Nov 16, 2016 to “Buy”, Firm has raised the Price Target to $ 55 from a previous price target of $35 .Company shares were Downgraded by Wunderlich on Sep 26, 2016 to ” Hold”, Firm has raised the Price Target to $ 31 from a previous price target of $25.50 .Company shares were Upgraded by Citigroup on Sep 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 32 from a previous price target of $22 .
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. Atlanta National League Baseball Club Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment Inc. (Live Nation) has four business segments: Concerts Ticketing Artist Nation and Sponsorship & Advertising.