Hound Partners LLC Takes $10.27 Million Position in Liberty Media Corporation – Liberty Live Series A $LLYVA

Hound Partners LLC purchased a new stake in Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 112,049 shares of the company’s stock, valued at approximately $10,268,000. Liberty Media Corporation – Liberty Live Series A makes up 1.3% of Hound Partners LLC’s investment portfolio, making the stock its 17th largest holding. Hound Partners LLC owned about 0.12% of Liberty Media Corporation – Liberty Live Series A as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of LLYVA. Quarry LP purchased a new position in Liberty Media Corporation – Liberty Live Series A during the fourth quarter worth approximately $29,000. Fifth Third Bancorp increased its position in shares of Liberty Media Corporation – Liberty Live Series A by 23,650.0% in the first quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock valued at $44,000 after buying an additional 473 shares in the last quarter. US Bancorp DE raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 51.8% during the 3rd quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after buying an additional 501 shares during the period. Alliancebernstein L.P. raised its stake in shares of Liberty Media Corporation – Liberty Live Series A by 12.4% during the 3rd quarter. Alliancebernstein L.P. now owns 4,575 shares of the company’s stock worth $431,000 after buying an additional 504 shares during the period. Finally, Camelot Portfolios LLC purchased a new position in shares of Liberty Media Corporation – Liberty Live Series A during the 4th quarter valued at approximately $42,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Stock Performance

NASDAQ:LLYVA opened at $95.65 on Monday. The company has a market cap of $8.80 billion, a P/E ratio of -27.02 and a beta of 0.92. Liberty Media Corporation – Liberty Live Series A has a twelve month low of $74.38 and a twelve month high of $105.47. The company’s 50-day moving average price is $97.14 and its 200-day moving average price is $92.50.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate 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. On average, analysts expect that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LLYVA has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a research note on Friday, May 29th. Zacks Research raised shares of Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

About Liberty Media Corporation – Liberty Live Series A

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.