Bank of Nova Scotia Sells 28,774 Shares of Liberty Media Corporation – Liberty Live Series A $LLYVA

Bank of Nova Scotia decreased its position in shares of Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) by 20.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,500 shares of the company’s stock after selling 28,774 shares during the period. Bank of Nova Scotia’s holdings in Liberty Media Corporation – Liberty Live Series A were worth $10,035,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Quarry LP acquired a new position in shares of Liberty Media Corporation – Liberty Live Series A in the 4th quarter worth approximately $29,000. Camelot Portfolios LLC acquired a new stake in Liberty Media Corporation – Liberty Live Series A during the 4th quarter valued at $42,000. Arax Advisory Partners acquired a new stake in Liberty Media Corporation – Liberty Live Series A during the 4th quarter valued at $42,000. Fifth Third Bancorp raised its position in Liberty Media Corporation – Liberty Live Series A by 23,650.0% in the 1st quarter. Fifth Third Bancorp now owns 475 shares of the company’s stock valued at $44,000 after purchasing an additional 473 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in Liberty Media Corporation – Liberty Live Series A by 495.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,459 shares of the company’s stock valued at $116,000 after purchasing an additional 1,214 shares during the last quarter. Institutional investors own 25.07% of the company’s stock.

Liberty Media Corporation – Liberty Live Series A Price Performance

Shares of LLYVA stock opened at $95.65 on Monday. The firm has a market cap of $8.80 billion, a price-to-earnings ratio of -27.02 and a beta of 0.92. Liberty Media Corporation – Liberty Live Series A has a 12 month low of $74.38 and a 12 month high of $105.47. The stock has a 50-day moving average price of $97.14 and a 200 day moving average price of $92.50.

Liberty Media Corporation – Liberty Live Series A (NASDAQ:LLYVA) last released its earnings results on Thursday, May 7th. The company reported ($3.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). The business had revenue of $63.62 million for the quarter, compared to the consensus estimate of $70.40 million. Sell-side analysts predict that Liberty Media Corporation – Liberty Live Series A will post -3.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LLYVA has been the topic of several research analyst reports. Zacks Research upgraded Liberty Media Corporation – Liberty Live Series A from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Media Corporation – Liberty Live Series A in a report on Friday, May 29th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Liberty Media Corporation – Liberty Live Series A currently has an average rating of “Reduce”.

Liberty Media Corporation – Liberty Live Series A Profile

Liberty Media Corporation – Liberty Live Group Series A (NASDAQ:LLYVA) is a Class A tracking stock of Liberty Media Corporation that is focused on the company’s live sports and entertainment businesses. Headquartered in Englewood, Colorado, Liberty Media was founded in 1991 as a successor to Tele-Communications, Inc, and has since evolved into a diversified holding company. The Liberty Live Group tracking stock provides investors with direct exposure to a portfolio of live sports franchises and related enterprises within the broader Liberty Media framework.

The primary asset underlying the Liberty Live Group is a 100% ownership interest in the Atlanta Braves, one of Major League Baseball’s premier franchises based at Truist Park in Atlanta, Georgia.