Comerica Bank Has $709,000 Stake in Liberty Media Corporation (FWONK)

Comerica Bank lifted its position in Liberty Media Corporation (NASDAQ:FWONK) by 17.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,329 shares of the company’s stock after buying an additional 2,682 shares during the quarter. Comerica Bank’s holdings in Liberty Media were worth $709,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Teachers Advisors LLC acquired a new position in Liberty Media during the 2nd quarter valued at $4,539,000. Howard Hughes Medical Institute acquired a new position in Liberty Media during the 2nd quarter valued at $1,145,000. Coatue Management LLC acquired a new position in Liberty Media during the 2nd quarter valued at $219,720,000. BlackRock Inc. acquired a new position in Liberty Media during the 2nd quarter valued at $183,521,000. Finally, Markel Corp acquired a new position in Liberty Media during the 3rd quarter valued at $9,884,000. Institutional investors and hedge funds own 84.78% of the company’s stock.

Shares of Liberty Media Corporation (NASDAQ FWONK) opened at $34.98 on Tuesday. Liberty Media Corporation has a fifty-two week low of $27.55 and a fifty-two week high of $41.14.

Several equities analysts recently commented on the stock. upped their target price on shares of Liberty Media from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, November 15th. Pivotal Research boosted their price target on shares of Liberty Media from $50.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Barclays boosted their price target on shares of Liberty Media from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. Zacks Investment Research raised shares of Liberty Media from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Monday, October 23rd. Finally, Morgan Stanley boosted their price target on shares of Liberty Media from $37.00 to $39.00 and gave the company an “equal weight” rating in a report on Friday, October 20th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $44.57.

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Liberty Media Company 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.

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

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