Private Ocean LLC Purchases 989 Shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

Private Ocean LLC grew its stake in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 1,939.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,040 shares of the technology company’s stock after purchasing an additional 989 shares during the quarter. Private Ocean LLC’s holdings in Liberty Sirius XM Group Series C were worth $44,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. First Mercantile Trust Co. increased its position in Liberty Sirius XM Group Series C by 3.8% during the third quarter. First Mercantile Trust Co. now owns 7,605 shares of the technology company’s stock worth $319,000 after acquiring an additional 275 shares during the period. Raymond James Trust N.A. increased its position in Liberty Sirius XM Group Series C by 4.0% during the third quarter. Raymond James Trust N.A. now owns 12,683 shares of the technology company’s stock worth $532,000 after acquiring an additional 491 shares during the period. Vantage Investment Partners LLC increased its position in Liberty Sirius XM Group Series C by 0.4% during the third quarter. Vantage Investment Partners LLC now owns 122,499 shares of the technology company’s stock worth $5,140,000 after acquiring an additional 499 shares during the period. World Asset Management Inc increased its position in Liberty Sirius XM Group Series C by 6.7% during the third quarter. World Asset Management Inc now owns 8,056 shares of the technology company’s stock worth $338,000 after acquiring an additional 505 shares during the period. Finally, Vestmark Advisory Solutions Inc. grew its stake in Liberty Sirius XM Group Series C by 4.0% during the second quarter. Vestmark Advisory Solutions Inc. now owns 14,623 shares of the technology company’s stock worth $555,000 after buying an additional 566 shares in the last quarter. 81.00% of the stock is currently owned by institutional investors.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “strong-buy” rating and set a $49.00 price objective on the stock in a research note on Saturday, October 12th. Morgan Stanley set a $61.00 price objective on shares of Liberty Sirius XM Group Series C and gave the stock a “buy” rating in a research note on Monday, November 4th.

Liberty Sirius XM Group Series C stock traded up $0.37 during trading hours on Friday, reaching $46.53. 337,400 shares of the stock were exchanged, compared to its average volume of 661,059. The stock has a 50 day moving average of $43.33 and a two-hundred day moving average of $40.39. The company has a market cap of $9.48 billion, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 2.08 and a beta of 1.20. Liberty Sirius XM Group Series C has a twelve month low of $34.84 and a twelve month high of $46.59.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last released its quarterly earnings data on Thursday, August 8th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.17. The company had revenue of $1.98 billion during the quarter. On average, sell-side analysts predict that Liberty Sirius XM Group Series C will post 1.75 earnings per share for the current year.

About Liberty Sirius XM Group Series C

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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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

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