Engineers Gate Manager LP Acquires Shares of 71,794 Liberty Sirius XM Group Series C (LSXMK)

Engineers Gate Manager LP acquired a new position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 71,794 shares of the technology company’s stock, valued at approximately $3,119,000.

Several other large investors have also recently made changes to their positions in LSXMK. Signaturefd LLC grew its holdings in Liberty Sirius XM Group Series C by 931.7% during the second quarter. Signaturefd LLC now owns 2,373 shares of the technology company’s stock worth $108,000 after acquiring an additional 2,143 shares during the period. Fort L.P. acquired a new stake in Liberty Sirius XM Group Series C during the second quarter worth about $120,000. Acadian Asset Management LLC acquired a new stake in Liberty Sirius XM Group Series C during the second quarter worth about $188,000. Lee Danner & Bass Inc. acquired a new stake in Liberty Sirius XM Group Series C during the second quarter worth about $202,000. Finally, Private Advisor Group LLC acquired a new stake in Liberty Sirius XM Group Series C during the second quarter worth about $205,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Shares of LSXMK opened at $40.89 on Monday. Liberty Sirius XM Group Series C has a 12 month low of $38.11 and a 12 month high of $48.56. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 11.17 and a beta of 1.46.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last issued its quarterly earnings data on Wednesday, August 8th. The technology company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.10). The business had revenue of $1.43 billion during the quarter. Equities research analysts anticipate that Liberty Sirius XM Group Series C will post 2.27 EPS for the current year.

Several brokerages have commented on LSXMK. ValuEngine lowered Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. Zacks Investment Research lowered Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Finally, Morgan Stanley raised their price objective on Liberty Sirius XM Group Series C from $50.00 to $51.00 and gave the company an “equal weight” rating in a report on Monday, August 6th.

Liberty Sirius XM Group Series C Profile

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

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