Fmr LLC Has $95.33 Million Stock Position in Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

Fmr LLC raised its stake in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 62.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,496,738 shares of the technology company’s stock after buying an additional 957,483 shares during the period. Fmr LLC owned 0.77% of Liberty Sirius XM Group Series A worth $95,326,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of LSXMA. Norges Bank acquired a new position in shares of Liberty Sirius XM Group Series A during the fourth quarter worth $83,191,000. New Mountain Vantage Advisers L.L.C. lifted its holdings in shares of Liberty Sirius XM Group Series A by 36.3% during the fourth quarter. New Mountain Vantage Advisers L.L.C. now owns 1,127,532 shares of the technology company’s stock worth $41,493,000 after purchasing an additional 300,393 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Liberty Sirius XM Group Series A by 8.5% during the fourth quarter. Geode Capital Management LLC now owns 1,075,050 shares of the technology company’s stock worth $39,545,000 after purchasing an additional 84,271 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of Liberty Sirius XM Group Series A by 20.1% during the first quarter. Gamco Investors INC. ET AL now owns 720,644 shares of the technology company’s stock worth $27,514,000 after purchasing an additional 120,685 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Liberty Sirius XM Group Series A by 1.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 627,265 shares of the technology company’s stock worth $23,083,000 after purchasing an additional 8,196 shares during the period. Hedge funds and other institutional investors own 27.09% of the company’s stock.

In related news, Director Andrea L. Wong sold 1,741 shares of Liberty Sirius XM Group Series A stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $26.51, for a total transaction of $46,153.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NASDAQ LSXMA opened at $37.38 on Friday. Liberty Sirius XM Group Series A has a twelve month low of $34.92 and a twelve month high of $48.57. The business’s fifty day moving average price is $37.20. The company has a market capitalization of $12.01 billion, a P/E ratio of 18.60 and a beta of 1.22.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its earnings results on Thursday, May 9th. The technology company reported $0.19 earnings per share for the quarter. The firm had revenue of $1.74 billion for the quarter.

A number of equities analysts have recently commented on LSXMA shares. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series A from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a report on Wednesday, March 27th. Pivotal Research reiterated a “buy” rating and set a $60.00 price target on shares of Liberty Sirius XM Group Series A in a report on Sunday, May 12th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $60.00.

Liberty Sirius XM Group Series A 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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

Recommended Story: What is a Real Estate Investment Trust (REIT)?

Institutional Ownership by Quarter for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

Receive News & Ratings for Liberty Sirius XM Group Series A 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 A and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply