SG Americas Securities LLC Lowers Holdings in Liberty Media Corporation – Liberty Live Series A $LLYVA

SG Americas Securities LLC lowered its stake in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 11.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 386,788 shares of the company’s stock after selling 50,765 shares during the period. SG Americas Securities LLC’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $35,445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quarry LP purchased a new stake in Liberty Media Corporation – Liberty Live Series A in the 4th quarter worth approximately $29,000. 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. Arax Advisory Partners acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A in the 4th quarter valued at $42,000. Tower Research Capital LLC TRC lifted its stake in shares of Liberty Media Corporation – Liberty Live Series A by 495.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock valued at $116,000 after purchasing an additional 1,214 shares during the period. Finally, US Bancorp DE boosted its holdings in Liberty Media Corporation – Liberty Live Series A by 51.8% during the third quarter. US Bancorp DE now owns 1,469 shares of the company’s stock worth $139,000 after buying an additional 501 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 Up 0.4%

Shares of LLYVA opened at $94.73 on Wednesday. The company has a market capitalization of $8.72 billion, a PE ratio of -26.76 and a beta of 0.95. The stock has a fifty day simple moving average of $94.21 and a two-hundred day simple moving average of $89.58. Liberty Media Corporation – Liberty Live Series A has a 52-week low of $74.38 and a 52-week high of $99.82.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $70.40 million. As a group, equities analysts anticipate that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on LLYVA. Zacks Research cut Liberty Media Corporation – Liberty Live Series A from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Friday, May 29th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Liberty Media Corporation – Liberty Live Series A Company 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.