Liberty Media Corporation (FWONK) Upgraded to "Hold" at Zacks Investment Research

Liberty Media Corporation (NASDAQ:LSXMK) opened at 43.21 on Friday. Shares are trading at $34.61 barely below $34.84, the stock's 50 day moving average and which is slightly above the 200 day moving average of $33.66. If you are accessing this news story on another site, it was illegally copied and reposted in violation of U.S. & worldwide copyright and trademark law. Liberty Interactive Corporation has a 52-week low of $17.24 and a 52-week high of $26.00. The legal version of this report can be read at https://www.com-unik.info/2017/08/11/pecaut-co-acquires-8770-shares-of-liberty-media-corporation-lsxma-updated-updated-updated.html. Liberty Interactive Corporation presently has an average rating of "Buy" and a consensus price target of $28.89. Finally, Morgan Stanley reaffirmed an "equal weight" rating and issued a $35.00 target price (up previously from $29.00) on shares of Liberty Media Corporation in a research report on Thursday, June 1st.

ILLEGAL ACTIVITY WARNING: "Liberty Media Corporation (LSXMK) Earns Coverage Optimism Score of 0.05" was posted by The Cerbat Gem and is the property of of The Cerbat Gem. Gamco Investors INC. ET AL acquired a new stake in Liberty Media Corporation during the second quarter valued at approximately $9,422,000. Vantage Investment Advisors LLC bought a new stake in shares of Liberty Media Corporation during the second quarter valued at $113,000.

Press coverage about Liberty Media Corporation (NASDAQ:LSXMK) has been trending somewhat positive on Saturday, according to Accern. Barclays PLC initiated coverage on Liberty Media Corporation in a report on Tuesday, May 23rd. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. BidaskClub cut shares of Liberty Interactive Corporation from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 11th. LLC now owns 5,969 shares of the company's stock valued at $119,000 after buying an additional 1,454 shares during the period. The stock has a market capitalization of $14.50 billion, a P/E ratio of 31.22 and a beta of 2.69. 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. Finally, Comerica Bank acquired a new stake in Liberty Media Corporation during the second quarter valued at approximately $537,000. 246,505 shares of the company's stock were exchanged. Shares saw a steep increase in trading volume of 558.76% over the normal average daily volume. The biggest holder now is Dr. John C. Malone, PhD who owns 15,477,920 shares (7.20% of those outstanding), whilst Mr. Gregory B. Maffei holds 936,273 (0.44% of shares outstanding) and R. Ted Weschler holds 542,068 (0.25% of shares outstanding). Following the transaction, the chairman now directly owns 2,896,672 shares in the company, valued at approximately $95,010,841.60. The disclosure for this sale can be found here. Meeder Asset Management Inc. now owns 4,205 shares of the company's stock worth $103,000 after buying an additional 2,257 shares in the last quarter. The Company's businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

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