Prudential Financial Inc. Buys New Stake in Liberty Live Group (NASDAQ:LLYVK)

Prudential Financial Inc. purchased a new stake in Liberty Live Group (NASDAQ:LLYVK) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,892 shares of the company’s stock, valued at approximately $966,000.

Several other hedge funds also recently added to or reduced their stakes in LLYVK. Verition Fund Management LLC purchased a new stake in shares of Liberty Live Group in the third quarter worth about $889,000. Quantinno Capital Management LP boosted its holdings in Liberty Live Group by 9.6% in the 3rd quarter. Quantinno Capital Management LP now owns 11,122 shares of the company’s stock worth $571,000 after acquiring an additional 978 shares during the period. State Street Corp grew its position in Liberty Live Group by 1.6% in the third quarter. State Street Corp now owns 806,143 shares of the company’s stock valued at $41,379,000 after acquiring an additional 13,050 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Liberty Live Group during the third quarter valued at approximately $408,000. Finally, Geode Capital Management LLC lifted its position in shares of Liberty Live Group by 1.6% during the third quarter. Geode Capital Management LLC now owns 800,045 shares of the company’s stock worth $41,078,000 after purchasing an additional 12,224 shares in the last quarter. 60.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Live Group Trading Down 1.4 %

Shares of LLYVK stock opened at $63.47 on Tuesday. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66. The company has a market capitalization of $5.83 billion, a PE ratio of -186.68 and a beta of 1.56. The firm has a fifty day simple moving average of $71.77 and a 200-day simple moving average of $66.52.

About Liberty Live Group

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.