Equity analyst Barclays added the stock to its research portfolio by announcing an initial rating of "Equal-Weight". Following the completion of the transaction, the chairman now owns 2,896,672 shares of the company's stock, valued at approximately $95,010,841.60. Creative Planning increased its stake in shares of Liberty Media Corporation by 16.1% in the second quarter. Next quarter's EPS is expected be $-0.26 and the next full year EPS is projected to be $-1.03.
Liberty Media Corporation (NASDAQ:LSXMA) last issued its quarterly earnings results on Tuesday, May 9th. The legal version of this piece of content can be accessed at https://theolympiareport.com/2017/08/12/keycorp-analysts-reduce-earnings-estimates-for-liberty-interactive-corporation-qvca.html. The firm has a market cap of $10.19 billion, a PE ratio of 23.62 and a beta of 1.21. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The business had revenue of $6 million for the quarter, compared to the consensus estimate of $2 million. Citigroup Inc. increased their target price on Liberty Media Corporation from $40.00 to $47.00 and gave the company a "neutral" rating in a research report on Monday, August 7th. Clearbridge Investments LLC now owns 18,010,441 shares of the company's stock worth $360,569,000 after buying an additional 1,413,144 shares during the period.
502K shares changed hands in the last trading session. Harbour Capital Advisors LLC now owns 6,871 shares of the company's stock worth $280,000 after buying an additional 6,591 shares during the period. Finally, Harbour Capital Advisors LLC raised its stake in shares of Liberty Interactive Corporation by 2,353.9% in the second quarter. The company's 50 day moving average price is $23.88 and its 200 day moving average price is $21.82. Liberty Interactive Corporation has a 52 week low of $36.54 and a 52 week high of $62.02. Pivotal Research reiterated a "buy" rating and issued a $51.00 price objective on shares of Liberty Media Corporation in a research report on Wednesday, May 24th.
Shares of Liberty Interactive Corporation (QVCA) opened at 24.32 on Friday. The Liberty Media Group operates as a subsidiary of Liberty Media Corporation. First Quadrant L P CA now owns 3,004 shares of the technology company's stock worth $116,000 after buying an additional 1,911 shares during the last quarter. If you are reading this news story on another publication, it was copied illegally and republished in violation of global copyright law. Liberty Interactive Corporation has an average rating of "Buy" and an average price target of $29.27.
In other Liberty Media Corporation news, Chairman John C. Malone sold 64,000 shares of the company's stock in a transaction dated Monday, June 12th. The 50 day moving average was down $-0.23 whereas the 200 day moving average was up $0.95 or +2.82%. Baupost Group LLC is the second biggest holder with 2 million shares now valued at 47.16 million whilst Mason Capital Management LLC has 2 million shares valued at 44.29 million. The company now has an average rating of "Buy" and an average price target of $28.89. The disclosure for this sale can be found here. Dodge & Cox now owns 28,349,750 shares of the company's stock worth $695,703,000 after buying an additional 4,527,707 shares during the period.
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).