Liberty Sirius XM Group Series C (NASDAQ:LSXMK) Reaches New 1-Year High at $44.13

Liberty Sirius XM Group Series C (NASDAQ:LSXMK)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.13 and last traded at $44.02, with a volume of 2558 shares changing hands. The stock had previously closed at $43.77.

Separately, Zacks Investment Research raised Liberty Sirius XM Group Series C from a “hold” rating to a “strong-buy” rating and set a $49.00 price target for the company in a report on Saturday, October 12th.

The company has a fifty day simple moving average of $42.22 and a 200-day simple moving average of $39.96. The firm has a market cap of $8.94 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 1.97 and a beta of 1.19.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its quarterly earnings data on Thursday, August 8th. The technology company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.17. The business had revenue of $1.98 billion during the quarter. On average, sell-side analysts forecast that Liberty Sirius XM Group Series C will post 1.75 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Massey Quick Simon & CO. LLC bought a new position in shares of Liberty Sirius XM Group Series C during the third quarter valued at approximately $28,000. Hexavest Inc. bought a new position in shares of Liberty Sirius XM Group Series C during the second quarter valued at approximately $37,000. Financial Gravity Wealth Inc. grew its stake in shares of Liberty Sirius XM Group Series C by 302.3% during the second quarter. Financial Gravity Wealth Inc. now owns 1,062 shares of the technology company’s stock valued at $40,000 after buying an additional 798 shares during the last quarter. TRUE Private Wealth Advisors bought a new position in shares of Liberty Sirius XM Group Series C during the second quarter valued at approximately $49,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Liberty Sirius XM Group Series C by 28.5% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,363 shares of the technology company’s stock valued at $128,000 after buying an additional 745 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Liberty Sirius XM Group Series C Company Profile (NASDAQ:LSXMK)

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.

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