Liberty Media Corporation (BATRK) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Liberty Media Corporation (NASDAQ:BATRK) from a sell rating to a hold rating in a research report report published on Tuesday morning.

According to Zacks, “Liberty Braves Group owns and operates Atlanta Braves Major League Baseball club, stadium and associated real estate projects. Liberty Braves Group is based in the United States. “

A number of other research firms also recently commented on BATRK. TheStreet downgraded Liberty Media Corporation from a c- rating to a d rating in a research note on Thursday, November 2nd. Morgan Stanley boosted their price target on Liberty Media Corporation from $22.00 to $25.00 and gave the company an underweight rating in a research note on Thursday, September 21st.

Liberty Media Corporation (NASDAQ BATRK) traded down $0.01 during mid-day trading on Tuesday, reaching $22.35. The company had a trading volume of 105,486 shares, compared to its average volume of 142,588. Liberty Media Corporation has a fifty-two week low of $18.57 and a fifty-two week high of $26.20.

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A number of institutional investors have recently added to or reduced their stakes in BATRK. OxFORD Asset Management LLP bought a new stake in shares of Liberty Media Corporation during the second quarter worth about $213,000. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in shares of Liberty Media Corporation by 6.2% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,339 shares of the financial services provider’s stock worth $272,000 after purchasing an additional 661 shares during the last quarter. UBS Asset Management Americas Inc. bought a new stake in shares of Liberty Media Corporation during the first quarter worth about $281,000. PNC Financial Services Group Inc. grew its holdings in shares of Liberty Media Corporation by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 15,101 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 207 shares during the last quarter. Finally, JT Stratford LLC grew its holdings in shares of Liberty Media Corporation by 7.3% during the second quarter. JT Stratford LLC now owns 17,032 shares of the financial services provider’s stock worth $408,000 after purchasing an additional 1,156 shares during the last quarter. Hedge funds and other institutional investors own 71.52% of the company’s stock.

About Liberty Media Corporation

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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