Royal Bank of Canada Ups Its Stake in Liberty Media Corporation - Liberty Formula One Series C
Royal Bank of Canada increased its stake in Liberty Media Corporation - Liberty Formula One Series C by 13.4% during the first quarter, purchasing an additional 72,334 shares.
The firm now owns approximately 611,807 shares of the company's stock, representing about 0.27% of Liberty Media Corporation - Liberty Formula One Series C's total value of $52,015,000 at the end of the most recent reporting period.
This is not an isolated instance; several other institutional investors have also increased their stakes in Liberty Media Corporation - Liberty Formula One Series C during the same period. Vanguard Group Inc., for example, boosted its position by 3.5% and now owns 21,133,295 shares of the company's stock.
The market capitalization of Liberty Media Corporation - Liberty Formula One Series C stands at $21.99 billion, with a P/E ratio of 45.01 and a beta of 0.43.