Finepoint Capital LP Invests $55.32 Million in Liberty Live Group (NASDAQ:LLYVK)

Finepoint Capital LP acquired a new stake in shares of Liberty Live Group (NASDAQ:LLYVK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 812,792 shares of the company’s stock, valued at approximately $55,319,000. Liberty Live Group makes up 3.4% of Finepoint Capital LP’s investment portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also bought and sold shares of the stock. Pilgrim Partners Asia Pte Ltd acquired a new stake in Liberty Live Group in the fourth quarter worth approximately $27,000. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Liberty Live Group by 1,000.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 583 shares of the company’s stock worth $30,000 after buying an additional 530 shares in the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of Liberty Live Group in the 4th quarter worth $37,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Liberty Live Group in the fourth quarter valued at $44,000. Finally, Franklin Resources Inc. boosted its stake in Liberty Live Group by 900.0% during the third quarter. Franklin Resources Inc. now owns 1,020 shares of the company’s stock valued at $56,000 after buying an additional 918 shares in the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Trading Down 3.3 %

Shares of Liberty Live Group stock opened at $64.36 on Friday. Liberty Live Group has a 52 week low of $33.50 and a 52 week high of $81.66. The stock has a market cap of $5.91 billion, a PE ratio of -189.29 and a beta of 1.55. The company’s 50-day moving average price is $71.93 and its two-hundred day moving average price is $66.22.

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.