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Liberty Media Corporation - Ser (NASDAQ:FWONK) Experiences Heavier than Average Trading Volume

12 August 2017

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vantage Investment Advisors LLC bought a new stake in shares of Liberty Media Corporation during the second quarter valued at $113,000. The Liberty Media Group operates as a subsidiary of Liberty Media Corporation. Eagle Asset Management Inc. now owns 814,539 shares of the financial services provider's stock valued at $19,263,000 after buying an additional 12,728 shares during the period. Meeder Asset Management Inc. raised its position in shares of Liberty Interactive Corporation by 115.9% in the second quarter. Janney Montgomery Scott LLC boosted its position in shares of Liberty Interactive Corporation by 15.2% in the first quarter. Liberty Media Corporation earned a media sentiment score of 0.14 on Accern's scale.

Schwab Charles Investment Management Inc. increased its stake in shares of Liberty Interactive Corporation (NASDAQ:LVNTA) by 7.1% during the first quarter, according to its most recent disclosure with the SEC.

The stock decreased 0.28% or $0.07 during the last trading session. Liberty Interactive Corporation has a one year low of $36.54 and a one year high of $62.02. The firm has a 50-day moving average price of $24.09 and a 200-day moving average price of $23.04.

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As of the last earnings report the EPS was $-0.29 and is expected to be $-1.01 for the current year with 201,995,000 shares presently outstanding. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.32 billion.

Liberty Interactive Corporation (NASDAQ:LVNTA) last posted its quarterly earnings data on Tuesday, August 8th.

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LVNTA has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Liberty Interactive Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, July 25th. The stock has a consensus rating of "Hold" and an average target price of $35.17. Barclays PLC initiated coverage on Liberty Media Corporation in a report on Tuesday, May 23rd. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. They issued an equal weight rating and a $33.00 price objective for the company.

In other Liberty Media Corporation news, Chairman John C. Malone sold 64,000 shares of Liberty Media Corporation stock in a transaction dated Monday, June 12th. Price moves in a company's bonds in credit markets often anticipate parallel moves in its share price. State Street Corp now owns 604,413 shares of the financial services provider's stock valued at $14,293,000 after buying an additional 1,574 shares during the period. First Manhattan Co. now owns 33,125 shares of the company's stock valued at $1,320,000 after buying an additional 13,505 shares during the period.

The biggest institutional shareholders in Liberty Media Corporation include Fine Capital Partners LP which owns 2 million shares in the company valued at $48.24 million.

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