Principal Financial Group Inc. lessened its holdings in Liberty Media Corporation (NASDAQ:LSXMK) by 3.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,606,067 shares of the technology company’s stock after selling 188,167 shares during the quarter. Principal Financial Group Inc. owned 1.37% of Liberty Media Corporation worth $192,857,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of LSXMK. Prudential Financial Inc. purchased a new position in shares of Liberty Media Corporation in the third quarter valued at about $300,000. Gabelli Funds LLC increased its position in shares of Liberty Media Corporation by 1.0% in the third quarter. Gabelli Funds LLC now owns 797,900 shares of the technology company’s stock valued at $33,408,000 after acquiring an additional 7,800 shares during the period. State of Wisconsin Investment Board increased its position in shares of Liberty Media Corporation by 30.2% in the third quarter. State of Wisconsin Investment Board now owns 1,201,599 shares of the technology company’s stock valued at $50,311,000 after acquiring an additional 278,699 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Liberty Media Corporation in the third quarter valued at about $222,000. Finally, Pictet Asset Management Ltd. increased its position in shares of Liberty Media Corporation by 4.8% in the third quarter. Pictet Asset Management Ltd. now owns 65,100 shares of the technology company’s stock valued at $2,726,000 after acquiring an additional 3,000 shares during the period. Institutional investors own 76.86% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 2nd.

Liberty Media Corporation (NASDAQ:LSXMK) traded down $0.30 during mid-day trading on Thursday, hitting $40.52. 16,840 shares of the company’s stock were exchanged, compared to its average volume of 566,127. Liberty Media Corporation has a 12-month low of $32.34 and a 12-month high of $46.24. The stock has a market capitalization of $9,202.01, a PE ratio of 30.27, a price-to-earnings-growth ratio of 1.08 and a beta of 2.30.

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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).

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

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