Selz Capital LLC Boosts Stock Position in Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

Share on StockTwits

Selz Capital LLC grew its position in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 102.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 156,000 shares of the technology company’s stock after acquiring an additional 79,000 shares during the period. Selz Capital LLC’s holdings in Liberty Sirius XM Group Series A were worth $7,541,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. lifted its stake in Liberty Sirius XM Group Series A by 0.7% in the second quarter. BlackRock Inc. now owns 6,129,410 shares of the technology company’s stock worth $231,752,000 after purchasing an additional 41,472 shares during the last quarter. Marshall Wace North America L.P. lifted its stake in shares of Liberty Sirius XM Group Series A by 36.6% in the 2nd quarter. Marshall Wace North America L.P. now owns 850,532 shares of the technology company’s stock valued at $32,158,000 after acquiring an additional 227,977 shares during the last quarter. Man Group plc lifted its stake in shares of Liberty Sirius XM Group Series A by 40.4% in the 2nd quarter. Man Group plc now owns 652,659 shares of the technology company’s stock valued at $24,677,000 after acquiring an additional 187,766 shares during the last quarter. California Public Employees Retirement System lifted its stake in shares of Liberty Sirius XM Group Series A by 5.2% in the 3rd quarter. California Public Employees Retirement System now owns 643,302 shares of the technology company’s stock valued at $26,742,000 after acquiring an additional 31,851 shares during the last quarter. Finally, Alpine Group USVI LLC purchased a new stake in Liberty Sirius XM Group Series A during the 3rd quarter valued at about $15,728,000. 27.67% of the stock is currently owned by institutional investors.

LSXMA stock traded down $0.33 during trading on Thursday, hitting $49.05. 15,037 shares of the company traded hands, compared to its average volume of 476,839. The firm has a market capitalization of $15.43 billion, a PE ratio of 24.47 and a beta of 1.21. Liberty Sirius XM Group Series A has a 1 year low of $35.32 and a 1 year high of $49.47. The company has a 50-day moving average of $48.04 and a 200-day moving average of $43.45. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.50 and a current ratio of 0.50.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last issued its earnings results on Tuesday, November 12th. The technology company reported $0.44 earnings per share for the quarter. The company had revenue of $2.01 billion during the quarter. Liberty Sirius XM Group Series A had a return on equity of 2.21% and a net margin of 6.83%.

In other Liberty Sirius XM Group Series A news, CEO Gregory B. Maffei sold 37,234 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $47.99, for a total value of $1,786,859.66. Also, CEO Gregory B. Maffei sold 26,852 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $46.67, for a total value of $1,253,182.84. Insiders have sold a total of 669,837 shares of company stock valued at $32,117,423 over the last 90 days.

Several equities research analysts recently weighed in on the company. ValuEngine cut Liberty Sirius XM Group Series A from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Benchmark assumed coverage on Liberty Sirius XM Group Series A in a report on Wednesday, October 9th. They set a “buy” rating and a $60.00 target price for the company. Credit Suisse Group assumed coverage on Liberty Sirius XM Group Series A in a report on Wednesday, November 27th. They set an “outperform” rating and a $55.00 target price for the company. Finally, Citigroup increased their target price on Liberty Sirius XM Group Series A from $54.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $58.33.

About Liberty Sirius XM Group Series A

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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

Featured Story: Pattern Day Trader

Want to see what other hedge funds are holding LSXMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Sirius XM Group Series A (NASDAQ:LSXMA).

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

Receive News & Ratings for Liberty Sirius XM Group Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Sirius XM Group Series A and related companies with MarketBeat.com's FREE daily email newsletter.