Jefferies Financial Group Inc. Acquires New Position in Liberty Media Corporation – Liberty Live Series A $LLYVA

Jefferies Financial Group Inc. acquired a new stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 31,434 shares of the company’s stock, valued at approximately $2,562,000.

A number of other institutional investors have also recently made changes to their positions in LLYVA. SG Americas Securities LLC acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A in the fourth quarter valued at approximately $35,661,000. Amundi acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A in the third quarter valued at approximately $33,923,000. Principal Financial Group Inc. grew its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 933.4% in the third quarter. Principal Financial Group Inc. now owns 384,482 shares of the company’s stock valued at $36,257,000 after purchasing an additional 347,275 shares in the last quarter. Virtu Financial LLC grew its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 133.7% in the third quarter. Virtu Financial LLC now owns 356,459 shares of the company’s stock valued at $33,614,000 after purchasing an additional 203,902 shares in the last quarter. Finally, JNE Partners LLP grew its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 53.3% in the third quarter. JNE Partners LLP now owns 368,121 shares of the company’s stock valued at $34,714,000 after purchasing an additional 128,000 shares in the last quarter. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Stock Down 0.1%

Shares of Liberty Media Corporation – Liberty Live Series A stock opened at $95.85 on Wednesday. Liberty Media Corporation – Liberty Live Series A has a 52-week low of $70.66 and a 52-week high of $99.82. The company has a 50 day moving average of $93.40 and a 200 day moving average of $87.31. The company has a market capitalization of $8.82 billion, a P/E ratio of -27.08 and a beta of 0.96.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The company had revenue of $63.62 million for the quarter, compared to the consensus estimate of $70.40 million. As a group, research analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Profile

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.