JNE Partners LLP Has $88.54 Million Holdings in Liberty Live Group (NASDAQ:LLYVK)

JNE Partners LLP increased its position in Liberty Live Group (NASDAQ:LLYVK) by 28.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,300,890 shares of the company’s stock after purchasing an additional 288,390 shares during the quarter. Liberty Live Group makes up about 52.6% of JNE Partners LLP’s investment portfolio, making the stock its largest holding. JNE Partners LLP owned about 1.42% of Liberty Live Group worth $88,539,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Liberty Live Group in the 4th quarter worth approximately $27,000. Lee Danner & Bass Inc. purchased a new position in Liberty Live Group during the fourth quarter valued at $37,000. Murphy & Mullick Capital Management Corp bought a new stake in Liberty Live Group in the fourth quarter worth $44,000. PNC Financial Services Group Inc. grew its stake in shares of Liberty Live Group by 16.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company’s stock worth $94,000 after acquiring an additional 192 shares during the last quarter. Finally, KBC Group NV increased its holdings in shares of Liberty Live Group by 25.7% during the fourth quarter. KBC Group NV now owns 2,727 shares of the company’s stock valued at $186,000 after acquiring an additional 557 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.

Liberty Live Group Price Performance

Shares of Liberty Live Group stock opened at $75.16 on Friday. Liberty Live Group has a 1 year low of $33.50 and a 1 year high of $81.66. The firm’s 50-day moving average is $68.69 and its 200 day moving average is $69.61. The stock has a market cap of $6.90 billion, a price-to-earnings ratio of -221.06 and a beta of 1.54.

Liberty Live Group (NASDAQ:LLYVK) last issued its earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.22).

About Liberty Live Group

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.