Tiedemann Advisors LLC acquired a new position in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,606 shares of the technology company’s stock, valued at approximately $254,000.

A number of other hedge funds also recently modified their holdings of the business. Sei Investments Co. raised its position in shares of Liberty Sirius XM Group Series C by 16.9% in the first quarter. Sei Investments Co. now owns 8,205 shares of the technology company’s stock valued at $335,000 after buying an additional 1,188 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Liberty Sirius XM Group Series C by 2.1% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 67,247 shares of the technology company’s stock valued at $3,050,000 after buying an additional 1,364 shares in the last quarter. Summit Trail Advisors LLC raised its position in shares of Liberty Sirius XM Group Series C by 17.0% in the first quarter. Summit Trail Advisors LLC now owns 11,557 shares of the technology company’s stock valued at $337,000 after buying an additional 1,682 shares in the last quarter. Weik Capital Management raised its position in shares of Liberty Sirius XM Group Series C by 4.4% in the second quarter. Weik Capital Management now owns 43,275 shares of the technology company’s stock valued at $1,963,000 after buying an additional 1,825 shares in the last quarter. Finally, Signaturefd LLC raised its position in shares of Liberty Sirius XM Group Series C by 931.7% in the second quarter. Signaturefd LLC now owns 2,373 shares of the technology company’s stock valued at $108,000 after buying an additional 2,143 shares in the last quarter. Hedge funds and other institutional investors own 79.89% of the company’s stock.

Several research analysts have commented on the stock. ValuEngine upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd. Morgan Stanley boosted their price objective on shares of Liberty Sirius XM Group Series C from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, July 13th. Finally, Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th.

Shares of NASDAQ LSXMK traded up $0.58 during midday trading on Friday, reaching $41.27. 999,822 shares of the company were exchanged, compared to its average volume of 683,275. The stock has a market cap of $9.47 billion, a PE ratio of 12.47 and a beta of 1.87. Liberty Sirius XM Group Series C has a one year low of $38.52 and a one year high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last posted its earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.10). The business had revenue of $1.43 billion for the quarter. As a group, analysts expect that Liberty Sirius XM Group Series C will post 2.27 EPS for the current year.

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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