Dimensional Fund Advisors LP cut its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 0.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,246,073 shares of the technology company’s stock after selling 9,498 shares during the period. Dimensional Fund Advisors LP owned approximately 0.58% of Liberty Sirius XM Group Series C worth $54,139,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in LSXMK. Signaturefd LLC lifted its position in shares of Liberty Sirius XM Group Series C by 931.7% during the 2nd quarter. Signaturefd LLC now owns 2,373 shares of the technology company’s stock worth $108,000 after buying an additional 2,143 shares during the last quarter. Fort L.P. purchased a new stake in Liberty Sirius XM Group Series C in the 2nd quarter valued at $120,000. Private Advisor Group LLC purchased a new stake in Liberty Sirius XM Group Series C in the 2nd quarter valued at $205,000. Segall Bryant & Hamill LLC acquired a new position in Liberty Sirius XM Group Series C in the 2nd quarter valued at $215,000. Finally, SG Americas Securities LLC acquired a new position in Liberty Sirius XM Group Series C in the 2nd quarter valued at $253,000. Institutional investors and hedge funds own 79.67% of the company’s stock.
LSXMK has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research note on Thursday, September 13th. Pivotal Research lowered their price target on shares of Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, November 12th.
NASDAQ LSXMK traded up $0.12 during trading hours on Thursday, reaching $38.20. The company’s stock had a trading volume of 635,453 shares, compared to its average volume of 785,718. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 11.54 and a beta of 1.23. Liberty Sirius XM Group Series C has a fifty-two week low of $34.84 and a fifty-two week high of $48.56.
Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last released its earnings results on Thursday, November 8th. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). The business had revenue of $1.47 billion for the quarter. On average, analysts predict that Liberty Sirius XM Group Series C will post 2.12 earnings per share for the current year.
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Liberty Sirius XM Group Series C 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 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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