Healthcare of Ontario Pension Plan Trust Fund Takes $5.61 Million Position in Liberty Media Corporation – Liberty Live Series A $LLYVA

Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 61,193 shares of the company’s stock, valued at approximately $5,608,000.

Several other hedge funds have also added to or reduced their stakes in LLYVA. Amundi bought a new stake in Liberty Media Corporation – Liberty Live Series A in the 3rd quarter valued at $33,923,000. Virtu Financial LLC increased its position in Liberty Media Corporation – Liberty Live Series A by 133.7% during the 3rd quarter. Virtu Financial LLC now owns 356,459 shares of the company’s stock worth $33,614,000 after buying an additional 203,902 shares during the period. Dimensional Fund Advisors LP bought a new position in Liberty Media Corporation – Liberty Live Series A during the 4th quarter worth $13,083,000. State of Wisconsin Investment Board lifted its holdings in shares of Liberty Media Corporation – Liberty Live Series A by 1,508.1% during the fourth quarter. State of Wisconsin Investment Board now owns 167,512 shares of the company’s stock worth $13,652,000 after buying an additional 157,095 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in shares of Liberty Media Corporation – Liberty Live Series A during the fourth quarter worth $11,269,000. 25.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Liberty Media Corporation – Liberty Live Series A Trading Up 0.6%

Shares of LLYVA stock opened at $100.06 on Thursday. The stock has a market cap of $9.21 billion, a P/E ratio of -28.27 and a beta of 0.92. The stock has a 50 day simple moving average of $97.39 and a 200 day simple moving average of $92.90. Liberty Media Corporation – Liberty Live Series A has a 1 year low of $74.38 and a 1 year high of $105.47.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($3.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The business had revenue of $63.62 million during the quarter, compared to analysts’ expectations of $70.40 million. Analysts forecast that Liberty Media Corporation – Liberty Live Series A will post -3.3 EPS for the current year.

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.