Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Shares Acquired by Stone Ridge Asset Management LLC

Stone Ridge Asset Management LLC boosted its stake in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,244 shares of the technology company’s stock after acquiring an additional 800 shares during the period. Stone Ridge Asset Management LLC’s holdings in Liberty Sirius XM Group Series A were worth $2,284,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in Liberty Sirius XM Group Series A by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 1,411,462 shares of the technology company’s stock valued at $68,230,000 after acquiring an additional 8,710 shares in the last quarter. California Public Employees Retirement System raised its holdings in Liberty Sirius XM Group Series A by 5.2% in the third quarter. California Public Employees Retirement System now owns 643,302 shares of the technology company’s stock valued at $26,742,000 after acquiring an additional 31,851 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Liberty Sirius XM Group Series A by 3.0% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 368,690 shares of the technology company’s stock valued at $17,822,000 after acquiring an additional 10,657 shares in the last quarter. Eidelman Virant Capital raised its holdings in Liberty Sirius XM Group Series A by 1.6% in the third quarter. Eidelman Virant Capital now owns 324,380 shares of the technology company’s stock valued at $13,484,000 after acquiring an additional 5,170 shares in the last quarter. Finally, PGGM Investments raised its holdings in Liberty Sirius XM Group Series A by 78.7% in the fourth quarter. PGGM Investments now owns 227,663 shares of the technology company’s stock valued at $10,960,000 after acquiring an additional 100,289 shares in the last quarter. 27.53% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on the stock. ValuEngine cut shares of Liberty Sirius XM Group Series A from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Citigroup increased their target price on shares of Liberty Sirius XM Group Series A from $54.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Finally, Credit Suisse Group assumed coverage on shares of Liberty Sirius XM Group Series A in a report on Wednesday, November 27th. They set an “outperform” rating and a $55.00 target price on the stock. Two research analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $58.33.

Shares of Liberty Sirius XM Group Series A stock traded down $0.09 during trading on Friday, hitting $49.21. 28,350 shares of the stock were exchanged, compared to its average volume of 551,613. The stock’s fifty day moving average is $48.63 and its 200 day moving average is $44.86. The stock has a market cap of $15.49 billion, a PE ratio of 32.21 and a beta of 1.21. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.50 and a current ratio of 0.50. Liberty Sirius XM Group Series A has a 12 month low of $35.32 and a 12 month high of $49.90.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last released its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.44 EPS for the quarter. The business had revenue of $2.01 billion during the quarter. Liberty Sirius XM Group Series A had a net margin of 6.83% and a return on equity of 2.21%.

In related news, CEO Gregory B. Maffei sold 432,032 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $48.08, for a total value of $20,772,098.56. Also, CEO Gregory B. Maffei sold 26,852 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $46.67, for a total transaction of $1,253,182.84. Insiders have sold 669,837 shares of company stock valued at $32,117,423 in the last 90 days.

About Liberty Sirius XM Group Series A

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.

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

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