Liberty Sirius XM Group Series C (NASDAQ:LSXMK) Position Reduced by Oppenheimer & Co. Inc.

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Oppenheimer & Co. Inc. reduced its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 30.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,609 shares of the technology company’s stock after selling 18,166 shares during the period. Oppenheimer & Co. Inc.’s holdings in Liberty Sirius XM Group Series C were worth $1,503,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Liberty Sirius XM Group Series C by 2.4% in the 3rd quarter. BlackRock Inc. now owns 11,245,338 shares of the technology company’s stock worth $488,607,000 after buying an additional 265,555 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of Liberty Sirius XM Group Series C by 63.9% in the 3rd quarter. Citadel Advisors LLC now owns 1,524,593 shares of the technology company’s stock worth $66,244,000 after buying an additional 594,342 shares during the last quarter. Bamco Inc. NY purchased a new position in shares of Liberty Sirius XM Group Series C in the 3rd quarter worth approximately $47,795,000. Thompson Siegel & Walmsley LLC boosted its stake in shares of Liberty Sirius XM Group Series C by 13.4% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,050,607 shares of the technology company’s stock worth $45,649,000 after buying an additional 124,009 shares during the last quarter. Finally, First Manhattan Co. boosted its stake in shares of Liberty Sirius XM Group Series C by 15.1% in the 3rd quarter. First Manhattan Co. now owns 970,675 shares of the technology company’s stock worth $42,175,000 after buying an additional 127,318 shares during the last quarter. 80.17% of the stock is owned by institutional investors and hedge funds.

LSXMK has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 30th. Pivotal Research lowered their target price 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 report on Monday, November 12th.

LSXMK opened at $39.74 on Monday. The firm has a market cap of $8.54 billion, a PE ratio of 12.01 and a beta of 1.20. Liberty Sirius XM Group Series C has a one year low of $34.84 and a one year high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its earnings results on Thursday, November 8th. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.03). The company had revenue of $1.47 billion for the quarter. As a group, sell-side analysts anticipate that Liberty Sirius XM Group Series C will post 2.1 earnings per share for the current fiscal 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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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

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