Advisors Asset Management Inc. lifted its position in shares of Liberty Media Corporation (NASDAQ:FWONK) by 16.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,310 shares of the company’s stock after buying an additional 1,754 shares during the quarter. Advisors Asset Management Inc.’s holdings in Liberty Media were worth $469,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Gilder Gagnon Howe & Co. LLC bought a new position in Liberty Media in the second quarter valued at about $623,000. Carnick & Kubik Group LLC bought a new position in Liberty Media in the second quarter valued at about $330,000. Schwab Charles Investment Management Inc. bought a new position in Liberty Media in the second quarter valued at about $11,139,000. Teacher Retirement System of Texas bought a new position in Liberty Media in the second quarter valued at about $272,000. Finally, Rhumbline Advisers bought a new position in Liberty Media in the second quarter valued at about $3,627,000. 84.78% of the stock is owned by institutional investors.

Liberty Media Corporation (FWONK) opened at $34.98 on Tuesday. Liberty Media Corporation has a 12 month low of $27.55 and a 12 month high of $41.14.

A number of research firms have issued reports on FWONK. Zacks Investment Research cut Liberty Media from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Morgan Stanley boosted their price target on Liberty Media from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Friday, October 20th. Barclays boosted their price target on Liberty Media from $33.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. boosted their price target on Liberty Media from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Pivotal Research boosted their price target on Liberty Media from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Liberty Media currently has a consensus rating of “Buy” and a consensus price target of $44.57.

COPYRIGHT VIOLATION WARNING: “Advisors Asset Management Inc. Boosts Stake in Liberty Media Corporation (FWONK)” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://theolympiareport.com/2017/12/05/advisors-asset-management-inc-boosts-stake-in-liberty-media-corporation-fwonk.html.

Liberty Media Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. 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.

Want to see what other hedge funds are holding FWONK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Media Corporation (NASDAQ:FWONK).

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

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