Hall Laurie J Trustee boosted its holdings in shares of The Liberty SiriusXM Group (NASDAQ:LSXMA) by 74.3% in the first quarter, Holdings Channel.com reports. The fund owned 610 shares of the technology company’s stock after buying an additional 260 shares during the quarter. Hall Laurie J Trustee’s holdings in The Liberty SiriusXM Group were worth $27,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Defined Wealth Management LLC acquired a new position in shares of The Liberty SiriusXM Group in the 4th quarter valued at $28,000. Eudaimonia Partners LLC acquired a new position in shares of The Liberty SiriusXM Group in the 3rd quarter valued at $105,000. FIL Ltd grew its holdings in shares of The Liberty SiriusXM Group by 492.2% in the 4th quarter. FIL Ltd now owns 1,297 shares of the technology company’s stock valued at $56,000 after buying an additional 1,078 shares during the period. Jeppson Wealth Management LLC acquired a new position in shares of The Liberty SiriusXM Group in the 3rd quarter valued at $46,000. Finally, Vontobel Holding Ltd. acquired a new position in shares of The Liberty SiriusXM Group in the 4th quarter valued at $72,000. 27.18% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ:LSXMA opened at $45.39 on Monday. The company’s 50-day moving average price is $45.20 and its two-hundred day moving average price is $41.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.85 and a quick ratio of 0.85. The Liberty SiriusXM Group has a one year low of $27.49 and a one year high of $47.19. The stock has a market capitalization of $15.34 billion, a PE ratio of 63.04 and a beta of 1.27.
The Liberty SiriusXM Group (NASDAQ:LSXMA) last issued its quarterly earnings results on Friday, February 26th. The technology company reported $0.27 EPS for the quarter. The Liberty SiriusXM Group had a net margin of 3.34% and a return on equity of 1.21%. The firm had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.03 billion.
Several equities analysts have recently issued reports on LSXMA shares. Barclays raised shares of The Liberty SiriusXM Group from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $39.00 to $55.00 in a report on Monday, January 11th. TheStreet lowered shares of The Liberty SiriusXM Group from a “c-” rating to a “d+” rating in a research note on Monday, March 15th. Five research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of $49.40.
The Liberty SiriusXM Group Profile
The Liberty SiriusXM Group, through its subsidiaries, engages in entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, and weather channels, and infotainment services through proprietary satellite radio systems, as well as from internet through applications for mobile and home devices, and other consumer electronic equipment.
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