Liberty Media Corporation (NASDAQ:BATRA) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.

Liberty Media Corporation (NASDAQ:BATRA) opened at 24.61 on Friday. The company’s market cap is $1.22 billion. The stock’s 50 day moving average price is $24.39 and its 200 day moving average price is $23.35. Liberty Media Corporation has a 52-week low of $16.50 and a 52-week high of $26.00.

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Several large investors have recently modified their holdings of the stock. Marshall Wace North America L.P. acquired a new stake in shares of Liberty Media Corporation during the second quarter worth about $328,000. Rhumbline Advisers increased its stake in Liberty Media Corporation by 5.6% in the second quarter. Rhumbline Advisers now owns 15,009 shares of the financial services provider’s stock valued at $359,000 after buying an additional 801 shares during the last quarter. Swiss National Bank increased its stake in Liberty Media Corporation by 22.3% in the second quarter. Swiss National Bank now owns 18,622 shares of the financial services provider’s stock valued at $445,000 after buying an additional 3,400 shares during the last quarter. Teachers Advisors LLC increased its stake in Liberty Media Corporation by 4.3% in the second quarter. Teachers Advisors LLC now owns 18,676 shares of the financial services provider’s stock valued at $446,000 after buying an additional 773 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in Liberty Media Corporation by 4.5% in the second quarter. TIAA CREF Investment Management LLC now owns 27,001 shares of the financial services provider’s stock valued at $645,000 after buying an additional 1,171 shares during the last quarter. 70.91% of the stock is owned by institutional investors and hedge funds.

About Liberty Media Corporation

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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