TD Asset Management Inc Has $46.29 Million Stake in Liberty Media Corporation – Liberty Live Series C $LLYVK

TD Asset Management Inc boosted its position in Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 556,610 shares of the company’s stock after buying an additional 79,918 shares during the period. TD Asset Management Inc’s holdings in Liberty Media Corporation – Liberty Live Series C were worth $46,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Greenland Capital Management LP lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 385.0% in the third quarter. Greenland Capital Management LP now owns 26,582 shares of the company’s stock valued at $2,578,000 after buying an additional 21,101 shares during the period. Principal Financial Group Inc. lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 7.4% in the fourth quarter. Principal Financial Group Inc. now owns 1,812,689 shares of the company’s stock valued at $150,744,000 after buying an additional 124,223 shares during the period. Quantbot Technologies LP acquired a new position in Liberty Media Corporation – Liberty Live Series C in the third quarter valued at $1,790,000. Vanguard Group Inc. lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 4,721,823 shares of the company’s stock valued at $392,667,000 after buying an additional 63,117 shares during the period. Finally, DAVENPORT & Co LLC lifted its holdings in Liberty Media Corporation – Liberty Live Series C by 81.7% in the fourth quarter. DAVENPORT & Co LLC now owns 166,490 shares of the company’s stock valued at $13,874,000 after buying an additional 74,883 shares during the period. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Media Corporation – Liberty Live Series C Trading Up 2.0%

Shares of NASDAQ LLYVK opened at $93.35 on Friday. The firm’s 50-day moving average price is $96.28 and its 200-day moving average price is $90.22. Liberty Media Corporation – Liberty Live Series C has a 1-year low of $73.10 and a 1-year high of $102.62. The firm has a market capitalization of $8.59 billion, a P/E ratio of -26.37 and a beta of 0.97.

Liberty Media Corporation – Liberty Live Series C (NASDAQ:LLYVK) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). The firm had revenue of $63.62 million for the quarter, compared to analysts’ expectations of $70.40 million. Equities research analysts forecast that Liberty Media Corporation – Liberty Live Series C will post -3.3 EPS for the current year.

Analysts Set New Price Targets

LLYVK has been the topic of several recent analyst reports. Zacks Research lowered shares of Liberty Media Corporation – Liberty Live Series C from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. Wall Street Zen upgraded shares of Liberty Media Corporation – Liberty Live Series C from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series C in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Liberty Media Corporation – Liberty Live Series C Profile

Liberty Media Corporation – Liberty Live Series C (NASDAQ: LLYVK) is a tracking stock designed to reflect the performance of Liberty Media’s investment in Live Nation Entertainment. Established in August 2023, the Liberty Live tracking stock allows investors to gain targeted exposure to the live entertainment sector without direct ownership of Liberty Media’s other diversified assets. The Series C shares trade separately, offering a clear view of the value and results generated by Live Nation’s global operations.

The underlying asset for the Liberty Live Series C shares is Liberty Media’s equity stake in Live Nation, one of the world’s leading live entertainment companies.