Horizon Kinetics Asset Management LLC Cuts Position in Liberty Live Group (NASDAQ:LLYVK)

Horizon Kinetics Asset Management LLC reduced its stake in Liberty Live Group (NASDAQ:LLYVK) by 13.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,599 shares of the company’s stock after selling 3,153 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Liberty Live Group were worth $1,334,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in LLYVK. Point72 Asia Singapore Pte. Ltd. increased its stake in Liberty Live Group by 1,000.0% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock valued at $30,000 after purchasing an additional 530 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Liberty Live Group by 900.0% in the third quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock valued at $56,000 after acquiring an additional 918 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Liberty Live Group by 16.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,378 shares of the company’s stock valued at $94,000 after acquiring an additional 192 shares during the period. KBC Group NV boosted its holdings in shares of Liberty Live Group by 26.8% in the third quarter. KBC Group NV now owns 2,170 shares of the company’s stock valued at $111,000 after acquiring an additional 458 shares during the period. Finally, Simon Quick Advisors LLC acquired a new stake in shares of Liberty Live Group in the fourth quarter valued at approximately $210,000. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Live Group Trading Up 1.7 %

LLYVK stock opened at $66.04 on Tuesday. The company has a market capitalization of $6.06 billion, a P/E ratio of -194.24 and a beta of 1.55. Liberty Live Group has a twelve month low of $33.50 and a twelve month high of $81.66. The business has a 50 day simple moving average of $72.38 and a 200-day simple moving average of $63.67.

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.