Emmett Investment Management LP Makes New $2.59 Million Investment in Liberty Live Group (NASDAQ:LLYVK)

Emmett Investment Management LP purchased a new stake in shares of Liberty Live Group (NASDAQ:LLYVK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 38,110 shares of the company’s stock, valued at approximately $2,594,000. Liberty Live Group makes up about 2.3% of Emmett Investment Management LP’s portfolio, making the stock its 21st largest position.

A number of other large investors have also recently modified their holdings of the company. Deutsche Bank AG lifted its stake in Liberty Live Group by 28.2% in the fourth quarter. Deutsche Bank AG now owns 694,633 shares of the company’s stock worth $47,277,000 after acquiring an additional 152,695 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in shares of Liberty Live Group by 2.7% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,567,869 shares of the company’s stock valued at $106,709,000 after purchasing an additional 41,717 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Liberty Live Group in the 4th quarter valued at about $8,404,000. Bank of America Corp DE lifted its position in shares of Liberty Live Group by 413.7% in the 4th quarter. Bank of America Corp DE now owns 188,854 shares of the company’s stock worth $12,853,000 after purchasing an additional 152,088 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in Liberty Live Group during the fourth quarter valued at approximately $14,553,000. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Liberty Live Group Stock Up 0.5 %

Liberty Live Group stock opened at $74.61 on Friday. The firm has a market cap of $6.85 billion, a P/E ratio of -219.44 and a beta of 1.54. The business has a fifty day moving average of $68.61 and a two-hundred day moving average of $69.39. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66.

Liberty Live Group (NASDAQ:LLYVK) last posted its earnings results on Wednesday, May 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.22).

Liberty Live Group Company Profile

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.