Liberty Media Co. (LSXMA) Holdings Decreased by Swift Run Capital Management LLC

Swift Run Capital Management LLC lessened its stake in shares of Liberty Media Co. (NASDAQ:LSXMA) by 9.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 185,384 shares of the technology company’s stock after selling 18,605 shares during the quarter. Liberty Media makes up 5.5% of Swift Run Capital Management LLC’s holdings, making the stock its 6th biggest holding. Swift Run Capital Management LLC owned approximately 0.06% of Liberty Media worth $7,619,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Swiss National Bank grew its stake in shares of Liberty Media by 0.4% in the fourth quarter. Swiss National Bank now owns 338,452 shares of the technology company’s stock worth $13,423,000 after purchasing an additional 1,200 shares during the last quarter. Leucadia National Corp grew its stake in shares of Liberty Media by 12.4% in the fourth quarter. Leucadia National Corp now owns 526,571 shares of the technology company’s stock worth $20,884,000 after purchasing an additional 57,885 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of Liberty Media by 22.1% in the fourth quarter. Lazard Asset Management LLC now owns 59,600 shares of the technology company’s stock worth $2,363,000 after purchasing an additional 10,800 shares during the last quarter. Gruss Capital Management LP grew its stake in shares of Liberty Media by 3.1% in the fourth quarter. Gruss Capital Management LP now owns 1,200,000 shares of the technology company’s stock worth $47,592,000 after purchasing an additional 36,500 shares during the last quarter. Finally, Aperio Group LLC grew its stake in shares of Liberty Media by 6.0% in the fourth quarter. Aperio Group LLC now owns 87,798 shares of the technology company’s stock worth $3,482,000 after purchasing an additional 4,938 shares during the last quarter. 25.76% of the stock is currently owned by hedge funds and other institutional investors.

LSXMA has been the topic of several analyst reports. Macquarie reissued a “buy” rating and issued a $52.00 price objective on shares of Liberty Media in a research note on Sunday, February 4th. Zacks Investment Research cut shares of Liberty Media from a “buy” rating to a “hold” rating in a research note on Friday, February 23rd. Buckingham Research boosted their price objective on shares of Liberty Media from $54.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. B. Riley reissued a “buy” rating and issued a $62.00 price objective (up previously from $56.00) on shares of Liberty Media in a research note on Tuesday, March 13th. Finally, Barclays boosted their price objective on shares of Liberty Media from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Thursday, February 1st. Twelve research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of $54.80.

Liberty Media opened at $46.01 on Friday, Marketbeat reports. The firm has a market capitalization of $15.36 billion, a P/E ratio of 13.03, a PEG ratio of 0.90 and a beta of 1.93. Liberty Media Co. has a 12-month low of $38.61 and a 12-month high of $46.75.

Liberty Media (NASDAQ:LSXMA) last released its earnings results on Wednesday, May 9th. The technology company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.13. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.36 billion. equities analysts expect that Liberty Media Co. will post 2.1 EPS for the current year.

About Liberty Media

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

Institutional Ownership by Quarter for Liberty Media (NASDAQ:LSXMA)

Receive News & Ratings for Liberty Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply