$0.09 EPS Expected for Liberty Braves Group (BATRK)

Alicia Farmer
November 10, 2017

Analysts await Liberty Media Corporation (NASDAQ:LSXMK) to report earnings on Nov, 09 for the fiscal quarter ending Sep 2017. They set a "buy" rating and a $33.00 price objective on the stock. Brown Advisory Inc. increased its position in Liberty Interactive Corp.by 1.5% in the second quarter. Citigroup Inc. increased their price objective on Liberty Media Corporation from $40.00 to $47.00 and gave the company a "neutral" rating in a report on Monday, August 7th. Also, Director Mark C. Vadon sold 151,074 shares of the company's stock in a transaction that occurred on Tuesday, November 15th. Prudential Financial Inc. bought a new position in Liberty Interactive Corporation during the 1st quarter valued at approximately $212,000.

Shares of the Braves' tracking stock are down 13 percent since news broke October 2 about the still-ongoing Major League Baseball investigation into alleged rule-breaking by team officials on the global player market. Insiders own 10.68% of the company's stock. The shares were sold at an average price of $24.08, for a total value of $56,226.80. Toronto Dominion Bank lifted its stake in Liberty Interactive Corporation by 18.2% in the second quarter.

TRADEMARK VIOLATION WARNING: "Liberty Interactive Corporation (QVCA) Shares Bought by APG Asset Management N.V." was posted by Week Herald and is the property of of Week Herald. ING Groep NV purchased a new position in Liberty Interactive Corp. during the second quarter worth about $661,000.

How much correlation should be drawn can be debated, but the stock, which was at $25.80 per share when the scandal erupted, closed Thursday at $22.47. Following the completion of the sale, the chairman now directly owns 15,334,360 shares in the company, valued at approximately $648,183,397.20. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Zacks Investment Research lowered Liberty Interactive Corp. from a "buy" rating to a "sell" rating in a research note on Tuesday, October 25th. The company has a consensus rating of "Buy" and an average target price of $49.17. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark laws.

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Liberty Interactive Corporation (LVNTA) traded down $0.14 during trading hours on Friday, reaching $56.15. 400,344 shares of the company traded hands, compared to its average volume of 3,173,952.

In terms of earnings per share, 4 analysts have a 0.53 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-18, 1 analyst has a 0.60 EPS mean target and for the quarter ending Mar-18 there are 4 estimates of 1.75 EPS. The original version of this story can be accessed at https://stocknewstimes.com/2017/11/10/liberty-media-corporation-lsxma-pt-raised-to-58-00-at-pivotal-research.html. The disclosure for this sale can be found here. Liberty Interactive Corporation has a twelve month low of $17.24 and a twelve month high of $26.00. The company has market cap of $23.59 billion.

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. The Company's principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc. and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc.

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