OMERS ADMINISTRATION Corp Purchases New Holdings in Liberty Sirius XM Group Series A (LSXMA)

OMERS ADMINISTRATION Corp purchased a new position in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) in the second quarter, according to its most recent filing with the SEC. The firm purchased 19,900 shares of the technology company’s stock, valued at approximately $896,000.

A number of other institutional investors have also modified their holdings of LSXMA. S&CO Inc. grew its holdings in Liberty Sirius XM Group Series A by 1.5% during the 1st quarter. S&CO Inc. now owns 164,865 shares of the technology company’s stock worth $6,776,000 after acquiring an additional 2,514 shares during the period. Alps Advisors Inc. grew its stake in shares of Liberty Sirius XM Group Series A by 23.2% in the 1st quarter. Alps Advisors Inc. now owns 102,141 shares of the technology company’s stock valued at $4,198,000 after buying an additional 19,241 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of Liberty Sirius XM Group Series A by 45.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 51,720 shares of the technology company’s stock valued at $2,126,000 after buying an additional 16,047 shares during the period. Pecaut & CO. grew its stake in shares of Liberty Sirius XM Group Series A by 7.5% in the 1st quarter. Pecaut & CO. now owns 158,784 shares of the technology company’s stock valued at $6,526,000 after buying an additional 11,012 shares during the period. Finally, Wayne Hummer Investments L.L.C. grew its stake in shares of Liberty Sirius XM Group Series A by 19.5% in the 1st quarter. Wayne Hummer Investments L.L.C. now owns 12,393 shares of the technology company’s stock valued at $509,000 after buying an additional 2,025 shares during the period. Hedge funds and other institutional investors own 26.93% of the company’s stock.

In other Liberty Sirius XM Group Series A news, Director David E. Rapley sold 6,827 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Wednesday, June 6th. The shares were sold at an average price of $46.28, for a total transaction of $315,953.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Mark D. Carleton sold 27,783 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $45.94, for a total transaction of $1,276,351.02. The disclosure for this sale can be found here.

LSXMA stock opened at $45.53 on Monday. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 13.76 and a beta of 1.99. Liberty Sirius XM Group Series A has a 52-week low of $38.61 and a 52-week high of $48.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last released its quarterly earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. equities research analysts expect that Liberty Sirius XM Group Series A will post 2.17 earnings per share for the current fiscal year.

Several analysts have recently commented on the company. Zacks Investment Research upgraded Liberty Sirius XM Group Series A from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research note on Friday. Deutsche Bank raised their target price on Liberty Sirius XM Group Series A from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, August 14th. ValuEngine downgraded Liberty Sirius XM Group Series A from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 2nd. Barclays downgraded Liberty Sirius XM Group Series A from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $50.00 to $43.00 in a research note on Tuesday, June 26th. Finally, Pivotal Research restated a “buy” rating and issued a $60.00 target price on shares of Liberty Sirius XM Group Series A in a research note on Wednesday, May 23rd. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Liberty Sirius XM Group Series A currently has a consensus rating of “Buy” and a consensus target price of $55.67.

Liberty Sirius XM Group Series A 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.

Featured Article: Diversification in Investing

Want to see what other hedge funds are holding LSXMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Sirius XM Group Series A (NASDAQ:LSXMA).

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