Eagle Asset Management Inc. Purchases 10,918 Shares of Liberty Media Corporation (BATRK)
Eagle Asset Management Inc. raised its position in Liberty Media Corporation (NASDAQ:BATRK) by 1.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 825,457 shares of the financial services provider’s stock after purchasing an additional 10,918 shares during the period. Eagle Asset Management Inc. owned about 1.67% of Liberty Media Corporation worth $19,786,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. FNY Partners Fund LP purchased a new position in shares of Liberty Media Corporation during the 1st quarter worth about $130,000. US Bancorp DE lifted its holdings in shares of Liberty Media Corporation by 64.7% during the 1st quarter. US Bancorp DE now owns 7,746 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 3,042 shares during the period. Seizert Capital Partners LLC purchased a new position in shares of Liberty Media Corporation during the 1st quarter worth about $210,000. MARSHALL WACE ASIA Ltd purchased a new position in shares of Liberty Media Corporation during the 1st quarter worth about $258,000. Finally, Marshall Wace North America L.P. purchased a new position in shares of Liberty Media Corporation during the 1st quarter worth about $258,000. Institutional investors own 70.10% of the company’s stock.
Several research analysts have recently weighed in on BATRK shares. Zacks Investment Research upgraded shares of Liberty Media Corporation from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Wednesday, July 5th. Morgan Stanley reiterated an “underweight” rating and set a $22.00 price objective (up from $17.00) on shares of Liberty Media Corporation in a report on Thursday, June 1st.
Liberty Media Corporation (BATRK) opened at 24.77 on Tuesday. Liberty Media Corporation has a one year low of $16.18 and a one year high of $25.97. The stock’s 50 day moving average is $24.60 and its 200 day moving average is $23.65. The stock’s market capitalization is $1.23 billion.
Liberty Media Corporation Profile
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).
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