Dupont Capital Management Corp Has $1.40 Million Holdings in Liberty Media Formula One Series C (FWONK)

Dupont Capital Management Corp raised its stake in Liberty Media Formula One Series C (NASDAQ:FWONK) by 29.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,828 shares of the company’s stock after purchasing an additional 8,983 shares during the quarter. Dupont Capital Management Corp’s holdings in Liberty Media Formula One Series C were worth $1,396,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. UMB Bank N A MO bought a new position in shares of Liberty Media Formula One Series C in the 1st quarter valued at $841,000. SeaBridge Investment Advisors LLC grew its position in Liberty Media Formula One Series C by 117.7% during the 1st quarter. SeaBridge Investment Advisors LLC now owns 23,690 shares of the company’s stock worth $830,000 after acquiring an additional 12,808 shares during the last quarter. Osborn Williams & Donohoe LLC bought a new stake in Liberty Media Formula One Series C during the 1st quarter worth $93,000. SG Americas Securities LLC grew its position in Liberty Media Formula One Series C by 711.7% during the 1st quarter. SG Americas Securities LLC now owns 121,586 shares of the company’s stock worth $4,262,000 after acquiring an additional 106,606 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Liberty Media Formula One Series C by 77.5% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 145,897 shares of the company’s stock worth $5,114,000 after acquiring an additional 63,713 shares during the last quarter. Hedge funds and other institutional investors own 84.65% of the company’s stock.

FWONK has been the topic of a number of research reports. Zacks Investment Research lowered Liberty Media Formula One Series C from a “buy” rating to a “hold” rating in a research report on Saturday, January 19th. ValuEngine upgraded Liberty Media Formula One Series C from a “hold” rating to a “buy” rating in a research report on Friday, March 1st.

Shares of FWONK stock opened at $38.54 on Tuesday. Liberty Media Formula One Series C has a twelve month low of $27.51 and a twelve month high of $39.35. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.33 and a quick ratio of 0.33.

Liberty Media Formula One Series C (NASDAQ:FWONK) last issued its quarterly earnings data on Thursday, February 28th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.38). The firm had revenue of $481.00 million for the quarter, compared to the consensus estimate of $494.89 million. Liberty Media Formula One Series C had a negative return on equity of 0.69% and a negative net margin of 8.21%. On average, sell-side analysts expect that Liberty Media Formula One Series C will post -0.56 earnings per share for the current year.

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Liberty Media Formula One Series C Profile

Formula One Group operates in the motorsports business. It holds commercial rights for the world championship, a motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company is based in Englewood, Colorado.

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Institutional Ownership by Quarter for Liberty Media Formula One Series C (NASDAQ:FWONK)

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