UBS Group AG Has $11.65 Million Stock Position in Liberty Media Corporation – Liberty Formula One Series A $FWONA

UBS Group AG increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA) by 11.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,375 shares of the company’s stock after purchasing an additional 13,302 shares during the quarter. UBS Group AG owned approximately 0.05% of Liberty Media Corporation – Liberty Formula One Series A worth $11,653,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,614 shares of the company’s stock worth $937,000 after purchasing an additional 120 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 1.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,023 shares of the company’s stock worth $859,000 after purchasing an additional 123 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 55.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 352 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 19.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 895 shares of the company’s stock worth $85,000 after purchasing an additional 143 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in shares of Liberty Media Corporation – Liberty Formula One Series A by 100.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 300 shares of the company’s stock worth $27,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds own 8.38% of the company’s stock.

Liberty Media Corporation – Liberty Formula One Series A Trading Down 1.4%

FWONA opened at $82.07 on Friday. The stock has a market capitalization of $20.56 billion, a PE ratio of 37.65 and a beta of 0.50. Liberty Media Corporation – Liberty Formula One Series A has a 1-year low of $73.70 and a 1-year high of $99.52. The firm has a 50-day moving average price of $79.92 and a two-hundred day moving average price of $83.21.

Analyst Ratings Changes

Several equities research analysts have weighed in on FWONA shares. Citigroup raised their price objective on shares of Liberty Media Corporation – Liberty Formula One Series A from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Citizens Jmp started coverage on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Monday, March 30th. They issued a “market outperform” rating and a $100.00 price objective for the company. Zacks Research upgraded shares of Liberty Media Corporation – Liberty Formula One Series A from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Liberty Media Corporation – Liberty Formula One Series A in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Liberty Media Corporation – Liberty Formula One Series A presently has a consensus rating of “Buy” and an average price target of $103.40.

Liberty Media Corporation – Liberty Formula One Series A Profile

Liberty Media Corporation – Liberty Formula One Series A (NASDAQ: FWONA) is a tracking stock that represents Liberty Media’s economic interest in its Liberty Formula One Group business. The tracking stock is designed to give investors direct exposure to the performance of Formula One-related activities within the broader Liberty Media structure while Liberty Media remains the corporate parent. FWONA is a class A equity security tied specifically to the Formula One operations rather than to Liberty Media’s other media and entertainment holdings.

The Liberty Formula One Group owns and manages the commercial rights to the FIA Formula One World Championship and derives revenue from global media and broadcasting rights, sponsorship and advertising, race promotion and hospitality, licensing and merchandising, and digital content and distribution.