Liberty Sirius XM Group Series C (LSXMK) Holdings Trimmed by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 3.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,017 shares of the technology company’s stock after selling 665 shares during the quarter. D.A. Davidson & CO.’s holdings in Liberty Sirius XM Group Series C were worth $629,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. raised its position in shares of Liberty Sirius XM Group Series C by 2.4% during the third quarter. BlackRock Inc. now owns 11,245,338 shares of the technology company’s stock worth $488,607,000 after purchasing an additional 265,555 shares during the period. Citadel Advisors LLC raised its position in shares of Liberty Sirius XM Group Series C by 63.9% during the third quarter. Citadel Advisors LLC now owns 1,524,593 shares of the technology company’s stock worth $66,244,000 after purchasing an additional 594,342 shares during the period. Bamco Inc. NY acquired a new stake in shares of Liberty Sirius XM Group Series C during the third quarter worth $47,795,000. Thompson Siegel & Walmsley LLC raised its position in shares of Liberty Sirius XM Group Series C by 13.4% during the third quarter. Thompson Siegel & Walmsley LLC now owns 1,050,607 shares of the technology company’s stock worth $45,649,000 after purchasing an additional 124,009 shares during the period. Finally, First Manhattan Co. raised its position in shares of Liberty Sirius XM Group Series C by 15.1% during the third quarter. First Manhattan Co. now owns 970,675 shares of the technology company’s stock worth $42,175,000 after purchasing an additional 127,318 shares during the period. 79.86% of the stock is currently owned by institutional investors.

Shares of Liberty Sirius XM Group Series C stock opened at $39.65 on Friday. The firm has a market cap of $8.64 billion, a PE ratio of 11.98 and a beta of 1.20. Liberty Sirius XM Group Series C has a 12-month low of $34.84 and a 12-month high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last issued its quarterly earnings results on Thursday, November 8th. The technology company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.03). The firm had revenue of $1.47 billion during the quarter. Research analysts anticipate that Liberty Sirius XM Group Series C will post 2.1 EPS for the current fiscal year.

LSXMK has been the topic of a number of recent analyst reports. Pivotal Research cut their target price on Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, November 12th. Zacks Investment Research raised Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Friday, January 4th.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.dispatchtribunal.com/2019/02/08/liberty-sirius-xm-group-series-c-lsxmk-holdings-trimmed-by-d-a-davidson-co.html.

Liberty Sirius XM Group Series C Company 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.

Featured Story: How Do You Make Money With Penny Stocks?

Want to see what other hedge funds are holding LSXMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Sirius XM Group Series C (NASDAQ:LSXMK).

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

Receive News & Ratings for Liberty Sirius XM Group Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Sirius XM Group Series C and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply