Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

Share on StockTwits

Zurcher Kantonalbank Zurich Cantonalbank raised its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 218,953 shares of the technology company’s stock after acquiring an additional 3,518 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Liberty Sirius XM Group Series C were worth $10,540,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. First Manhattan Co. increased its position in shares of Liberty Sirius XM Group Series C by 150.9% in the second quarter. First Manhattan Co. now owns 2,728,108 shares of the technology company’s stock valued at $103,613,000 after acquiring an additional 1,640,820 shares during the period. California Public Employees Retirement System increased its position in shares of Liberty Sirius XM Group Series C by 4.6% during the third quarter. California Public Employees Retirement System now owns 1,351,908 shares of the technology company’s stock valued at $56,726,000 after buying an additional 58,971 shares during the period. Gabelli Funds LLC increased its position in shares of Liberty Sirius XM Group Series C by 1.7% during the third quarter. Gabelli Funds LLC now owns 1,149,089 shares of the technology company’s stock valued at $48,216,000 after buying an additional 19,000 shares during the period. River Road Asset Management LLC increased its position in shares of Liberty Sirius XM Group Series C by 15.0% during the third quarter. River Road Asset Management LLC now owns 845,125 shares of the technology company’s stock valued at $35,461,000 after buying an additional 110,195 shares during the period. Finally, Man Group plc increased its position in shares of Liberty Sirius XM Group Series C by 74.8% during the third quarter. Man Group plc now owns 709,055 shares of the technology company’s stock valued at $29,752,000 after buying an additional 303,479 shares during the period. Hedge funds and other institutional investors own 80.46% of the company’s stock.

Shares of NASDAQ LSXMK opened at $49.98 on Friday. Liberty Sirius XM Group Series C has a 1 year low of $35.43 and a 1 year high of $50.34. The company’s 50-day moving average is $48.18 and its 200 day moving average is $44.10. The stock has a market capitalization of $10.14 billion, a P/E ratio of 32.67, a P/E/G ratio of 1.77 and a beta of 1.20.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its quarterly earnings results on Tuesday, November 12th. The technology company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.10). The company had revenue of $2.01 billion for the quarter. On average, equities analysts anticipate that Liberty Sirius XM Group Series C will post 1.77 EPS for the current year.

Several brokerages recently issued reports on LSXMK. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Morgan Stanley reiterated a “buy” rating and set a $61.00 price target on shares of Liberty Sirius XM Group Series C in a research report on Wednesday, January 8th.

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

See Also: Google Finance Portfolio

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

Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

Receive News & Ratings for Liberty Sirius XM Group Series C 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 C and related companies with MarketBeat.com's FREE daily email newsletter.