Victory Capital Management Inc. Has $12.50 Million Position in Liberty Sirius XM Group (LSXMA)

Victory Capital Management Inc. decreased its holdings in Liberty Sirius XM Group (NASDAQ:LSXMA) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 315,186 shares of the technology company’s stock after selling 23,546 shares during the period. Victory Capital Management Inc. owned about 0.09% of Liberty Sirius XM Group worth $12,501,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Liberty Sirius XM Group by 110.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,877 shares of the technology company’s stock worth $1,780,000 after purchasing an additional 23,515 shares in the last quarter. Opera Trading Capital increased its holdings in shares of Liberty Sirius XM Group by 98.1% in the 4th quarter. Opera Trading Capital now owns 71,257 shares of the technology company’s stock worth $2,826,000 after purchasing an additional 35,291 shares in the last quarter. First Quadrant L P CA increased its holdings in shares of Liberty Sirius XM Group by 141.4% in the 4th quarter. First Quadrant L P CA now owns 551,918 shares of the technology company’s stock worth $21,889,000 after purchasing an additional 323,264 shares in the last quarter. First Manhattan Co. increased its holdings in shares of Liberty Sirius XM Group by 24.4% in the 4th quarter. First Manhattan Co. now owns 444,473 shares of the technology company’s stock worth $17,627,000 after purchasing an additional 87,100 shares in the last quarter. Finally, State of Alaska Department of Revenue bought a new stake in shares of Liberty Sirius XM Group in the 4th quarter worth $208,000. 25.24% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on LSXMA shares. B. Riley restated a “buy” rating on shares of Liberty Sirius XM Group in a research note on Wednesday, November 1st. Pivotal Research raised their price target on Liberty Sirius XM Group from $54.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Macquarie restated a “buy” rating and issued a $52.00 price target on shares of Liberty Sirius XM Group in a research note on Sunday, February 4th. Buckingham Research raised their price target on Liberty Sirius XM Group from $54.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research upgraded Liberty Sirius XM Group from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Wednesday, January 31st. Ten equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and an average target price of $53.40.

Liberty Sirius XM Group (NASDAQ:LSXMA) opened at $42.17 on Thursday. The stock has a market capitalization of $23,290.00 and a price-to-earnings ratio of 30.56. Liberty Sirius XM Group has a 52 week low of $35.75 and a 52 week high of $46.43.

In related news, Director Malcolm Ian Grant Gilchrist sold 3,841 shares of Liberty Sirius XM Group stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $39.61, for a total transaction of $152,142.01. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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Liberty Sirius XM Group Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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

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