Liberty Sirius XM Group Series C (NASDAQ:LSXMK) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can lessened its holdings in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,518 shares of the technology company’s stock after selling 4,184 shares during the quarter. Great West Life Assurance Co. Can owned about 0.05% of Liberty Sirius XM Group Series C worth $3,893,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. BlackRock Inc. raised its position in shares of Liberty Sirius XM Group Series C by 8.2% in the fourth quarter. BlackRock Inc. now owns 12,170,640 shares of the technology company’s stock worth $450,070,000 after buying an additional 925,302 shares in the last quarter. New South Capital Management Inc. purchased a new stake in shares of Liberty Sirius XM Group Series C in the 4th quarter valued at about $59,761,000. Citadel Advisors LLC raised its holdings 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 valued at $66,244,000 after acquiring an additional 594,342 shares in the last quarter. First Manhattan Co. boosted its position in shares of Liberty Sirius XM Group Series C by 15.2% during the 4th quarter. First Manhattan Co. now owns 1,118,353 shares of the technology company’s stock valued at $41,356,000 after acquiring an additional 147,678 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund bought a new stake in shares of Liberty Sirius XM Group Series C during the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 81.49% of the company’s stock.

Shares of LSXMK stock traded down $0.17 during trading hours on Tuesday, hitting $39.50. 390,563 shares of the company’s stock were exchanged, compared to its average volume of 721,489. Liberty Sirius XM Group Series C has a 12-month low of $34.84 and a 12-month high of $48.56. The company has a market capitalization of $8.38 billion, a PE ratio of 19.65 and a beta of 1.18.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last posted its quarterly earnings results on Thursday, February 28th. The technology company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.08). The business had revenue of $1.50 billion for the quarter. As a group, equities analysts forecast that Liberty Sirius XM Group Series C will post 2.13 EPS for the current fiscal year.

A number of research firms have weighed in on LSXMK. Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 30th. Morgan Stanley reiterated an “overweight” rating and set a $51.00 price objective on shares of Liberty Sirius XM Group Series C in a research report on Friday, March 15th.

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Liberty Sirius XM Group Series C 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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