Legal & General Group Plc lessened its stake in shares of Liberty Media Corporation (NASDAQ:BATRK) by 14.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,133 shares of the financial services provider’s stock after selling 1,953 shares during the quarter. Legal & General Group Plc’s holdings in Liberty Media Corporation were worth $267,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. FNY Partners Fund LP purchased a new position in shares of Liberty Media Corporation in the first quarter valued at approximately $130,000. US Bancorp DE boosted its stake in shares of Liberty Media Corporation by 64.7% in the first quarter. US Bancorp DE now owns 7,746 shares of the financial services provider’s stock valued at $182,000 after purchasing an additional 3,042 shares during the period. Marshall Wace North America L.P. purchased a new position in shares of Liberty Media Corporation in the first quarter valued at approximately $258,000. MARSHALL WACE ASIA Ltd purchased a new position in shares of Liberty Media Corporation in the first quarter valued at approximately $258,000. Finally, UBS Asset Management Americas Inc. purchased a new position in shares of Liberty Media Corporation in the first quarter valued at approximately $281,000. 70.10% of the stock is owned by institutional investors.

Liberty Media Corporation (BATRK) opened at 25.20 on Wednesday. The stock has a 50 day moving average of $25.04 and a 200 day moving average of $24.32. The stock’s market cap is $1.25 billion. Liberty Media Corporation has a 1-year low of $16.18 and a 1-year high of $26.20.

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Several research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Liberty Media Corporation from a “hold” rating to a “sell” rating in a research note on Monday, September 25th. Morgan Stanley raised their price objective on shares of Liberty Media Corporation from $22.00 to $25.00 and gave the company an “underweight” rating in a research note on Thursday, September 21st.

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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Institutional Ownership by Quarter for Liberty Media Corporation (NASDAQ:BATRK)

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