UBS Group AG Sells 66,278 Shares of Liberty Media Corporation – Liberty Live Series A $LLYVA

UBS Group AG lowered its holdings in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 58.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 46,586 shares of the company’s stock after selling 66,278 shares during the period. UBS Group AG owned about 0.05% of Liberty Media Corporation – Liberty Live Series A worth $3,797,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 1.7% during the third quarter. Vanguard Group Inc. now owns 2,039,881 shares of the company’s stock valued at $192,361,000 after acquiring an additional 33,550 shares during the last quarter. Bank of America Corp DE raised its stake in shares of 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 valued at $46,510,000 after acquiring an additional 87,871 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Liberty Media Corporation – Liberty Live Series A during the fourth quarter valued at $35,661,000. Amundi bought a new position in shares of Liberty Media Corporation – Liberty Live Series A during the third quarter valued at $33,923,000. Finally, Principal Financial Group Inc. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 933.4% during the third quarter. Principal Financial Group Inc. now owns 384,482 shares of the company’s stock valued at $36,257,000 after acquiring an additional 347,275 shares during the last quarter. Institutional investors own 25.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Stock Down 0.2%

Shares of NASDAQ LLYVA opened at $95.93 on Friday. Liberty Media Corporation – Liberty Live Series A has a twelve month low of $70.66 and a twelve month high of $99.82. The firm has a fifty day simple moving average of $93.22 and a 200 day simple moving average of $87.15. The company has a market capitalization of $8.83 billion, a PE ratio of -27.10 and a beta of 0.96.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last announced its 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 for the quarter, compared to analyst estimates of $70.40 million. As a group, equities analysts expect that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Liberty Media Corporation – Liberty Live Series A Company 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.