Xact Kapitalforvaltning AB Has $1.10 Million Holdings in Liberty Media Formula One Series C (FWONK) – Fairfield Current


Xact Kapitalforvaltning AB boosted its stake in shares of Liberty Media Formula One Series C (NASDAQ:FWONK) by 18.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,851 shares of the company’s stock after buying an additional 5,600 shares during the period. Xact Kapitalforvaltning AB’s holdings in Liberty Media Formula One Series C were worth $1,101,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of FWONK. State of Alaska Department of Revenue lifted its holdings in shares of Liberty Media Formula One Series C by 2.0% during the 4th quarter. State of Alaska Department of Revenue now owns 20,960 shares of the company’s stock valued at $643,000 after purchasing an additional 406 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of Liberty Media Formula One Series C by 0.3% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 495,208 shares of the company’s stock valued at $18,417,000 after purchasing an additional 1,364 shares during the last quarter. AMP Capital Investors Ltd lifted its holdings in shares of Liberty Media Formula One Series C by 1.4% during the 3rd quarter. AMP Capital Investors Ltd now owns 129,861 shares of the company’s stock valued at $4,797,000 after purchasing an additional 1,731 shares during the last quarter. Private Capital Advisors Inc. lifted its holdings in shares of Liberty Media Formula One Series C by 16.6% during the 3rd quarter. Private Capital Advisors Inc. now owns 13,433 shares of the company’s stock valued at $512,000 after purchasing an additional 1,912 shares during the last quarter. Finally, Toronto Dominion Bank lifted its holdings in shares of Liberty Media Formula One Series C by 9.7% during the 3rd quarter. Toronto Dominion Bank now owns 22,032 shares of the company’s stock valued at $819,000 after purchasing an additional 1,951 shares during the last quarter. Institutional investors own 86.20% of the company’s stock.

Several brokerages have recently commented on FWONK. Zacks Investment Research lowered Liberty Media Formula One Series C from a “buy” rating to a “hold” rating in a report on Saturday, January 19th. ValuEngine lowered Liberty Media Formula One Series C from a “buy” rating to a “hold” rating in a report on Wednesday, January 30th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $36.50.

Shares of FWONK stock opened at $31.13 on Friday. The firm has a market capitalization of $7.26 billion, a P/E ratio of 16.19 and a beta of 1.04. Liberty Media Formula One Series C has a 1 year low of $27.51 and a 1 year high of $39.35.

Liberty Media Formula One Series C (NASDAQ:FWONK) last issued its earnings results on Thursday, November 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.10. The firm had revenue of $647.00 million during the quarter, compared to analysts’ expectations of $635.69 million. As a group, analysts forecast that Liberty Media Formula One Series C will post -0.26 earnings per share for the current fiscal year.

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About Liberty Media Formula One Series C

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

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Institutional Ownership by Quarter for Liberty Media Formula One Series C (NASDAQ:FWONK)

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