Liberty Sirius XM Group Series C (LSXMK) Shares Bought by Los Angeles Capital Management & Equity Research Inc.

Los Angeles Capital Management & Equity Research Inc. increased its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 468,395 shares of the technology company’s stock after purchasing an additional 4,065 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.21% of Liberty Sirius XM Group Series C worth $20,352,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of LSXMK. Meeder Asset Management Inc. raised its holdings in Liberty Sirius XM Group Series C by 43.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 25,298 shares of the technology company’s stock valued at $1,099,000 after acquiring an additional 7,671 shares during the period. River Road Asset Management LLC raised its holdings in Liberty Sirius XM Group Series C by 13.1% in the 3rd quarter. River Road Asset Management LLC now owns 359,769 shares of the technology company’s stock valued at $15,632,000 after acquiring an additional 41,765 shares during the period. Engineers Gate Manager LP bought a new position in Liberty Sirius XM Group Series C in the 3rd quarter valued at about $3,119,000. Sterling Capital Management LLC bought a new position in Liberty Sirius XM Group Series C in the 3rd quarter valued at about $878,000. Finally, Vantage Investment Partners LLC bought a new position in Liberty Sirius XM Group Series C in the 3rd quarter valued at about $6,986,000. 79.82% of the stock is currently owned by institutional investors.

A number of research analysts have issued reports on the stock. Morgan Stanley increased their target price on shares of Liberty Sirius XM Group Series C from $50.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Monday, August 6th. Zacks Investment Research lowered shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th. Finally, ValuEngine lowered shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th.

Shares of NASDAQ:LSXMK opened at $40.74 on Friday. 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 cap of $9.05 billion, a price-to-earnings ratio of 12.31 and a beta of 1.46.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.10). The business had revenue of $1.43 billion for the quarter. Sell-side analysts expect that Liberty Sirius XM Group Series C will post 2.27 earnings per share for the current year.

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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.

Further Reading: Retained Earnings

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)

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