Balyasny Asset Management L.P. Takes $8.40 Million Position in Liberty Live Group (NASDAQ:LLYVK)

Balyasny Asset Management L.P. bought a new position in shares of Liberty Live Group (NASDAQ:LLYVK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 123,482 shares of the company’s stock, valued at approximately $8,404,000. Balyasny Asset Management L.P. owned approximately 0.13% of Liberty Live Group as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its position in shares of Liberty Live Group by 25.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,968,861 shares of the company’s stock worth $474,301,000 after buying an additional 1,427,968 shares during the period. Finepoint Capital LP acquired a new position in Liberty Live Group during the 4th quarter worth approximately $55,319,000. Norges Bank purchased a new position in Liberty Live Group in the 4th quarter worth approximately $49,458,000. BNP Paribas Financial Markets acquired a new stake in Liberty Live Group in the fourth quarter valued at approximately $14,553,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Liberty Live Group by 73.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 502,307 shares of the company’s stock valued at $34,187,000 after purchasing an additional 213,530 shares during the period. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Live Group Trading Up 0.7 %

Shares of LLYVK stock opened at $75.16 on Friday. The firm has a fifty day simple moving average of $68.69 and a 200-day simple moving average of $69.52. The company has a market capitalization of $6.90 billion, a PE ratio of -221.06 and a beta of 1.54. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66.

Liberty Live Group (NASDAQ:LLYVK) last posted its quarterly earnings data on Wednesday, May 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.22).

Liberty Live Group Profile

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.