King Luther Capital Management Corp Acquires 26,511 Shares of Liberty Sirius XM Group Series C (LSXMK)

King Luther Capital Management Corp boosted its holdings in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 21.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 150,459 shares of the technology company’s stock after purchasing an additional 26,511 shares during the period. King Luther Capital Management Corp owned approximately 0.07% of Liberty Sirius XM Group Series C worth $6,537,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of LSXMK. BlackRock Inc. raised its stake 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 valued at $488,607,000 after acquiring an additional 265,555 shares during the last quarter. Dorsal Capital Management LLC raised its stake in shares of Liberty Sirius XM Group Series C by 19.4% during the second quarter. Dorsal Capital Management LLC now owns 2,985,000 shares of the technology company’s stock valued at $135,400,000 after acquiring an additional 485,000 shares during the last quarter. Citadel Advisors LLC raised its stake 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 valued at $66,244,000 after acquiring an additional 594,342 shares during the last quarter. Thompson Siegel & Walmsley LLC raised its stake 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 valued at $45,649,000 after acquiring an additional 124,009 shares during the last quarter. Finally, First Manhattan Co. raised its stake 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 valued at $42,175,000 after acquiring an additional 127,318 shares during the last quarter. 73.35% of the stock is owned by institutional investors and hedge funds.

LSXMK has been the subject of several recent analyst reports. Pivotal Research lowered their price objective on shares of Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, November 12th. Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research note on Thursday, September 13th.

LSXMK stock opened at $38.63 on Friday. Liberty Sirius XM Group Series C has a 1 year low of $36.89 and a 1 year high of $48.56. The stock has a market capitalization of $8.44 billion, a P/E ratio of 11.67 and a beta of 1.44.

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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 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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