M&R Capital Management Inc. Grows Stock Position in Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

M&R Capital Management Inc. grew its holdings in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,121 shares of the technology company’s stock after purchasing an additional 1,130 shares during the quarter. Liberty Sirius XM Group Series A makes up approximately 1.1% of M&R Capital Management Inc.’s holdings, making the stock its 25th biggest position. M&R Capital Management Inc.’s holdings in Liberty Sirius XM Group Series A were worth $4,580,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LSXMA. Baupost Group LLC MA purchased a new stake in shares of Liberty Sirius XM Group Series A during the 1st quarter valued at about $19,824,000. BNP Paribas Arbitrage SA increased its holdings in Liberty Sirius XM Group Series A by 913.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 502,955 shares of the technology company’s stock worth $15,939,000 after acquiring an additional 453,325 shares in the last quarter. ThornTree Capital Partners LP purchased a new stake in Liberty Sirius XM Group Series A in the 1st quarter worth approximately $10,746,000. Janus Henderson Group PLC increased its holdings in Liberty Sirius XM Group Series A by 481.9% in the 1st quarter. Janus Henderson Group PLC now owns 365,621 shares of the technology company’s stock worth $11,587,000 after acquiring an additional 302,793 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Liberty Sirius XM Group Series A by 207.1% in the 2nd quarter. Victory Capital Management Inc. now owns 401,145 shares of the technology company’s stock worth $13,848,000 after acquiring an additional 270,522 shares in the last quarter. 26.96% of the stock is owned by hedge funds and other institutional investors.

LSXMA stock traded up $1.51 during midday trading on Thursday, hitting $34.68. The company’s stock had a trading volume of 451,577 shares, compared to its average volume of 950,620. Liberty Sirius XM Group Series A has a 12 month low of $22.54 and a 12 month high of $51.11. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 30.69 and a beta of 1.23. The company has a 50 day moving average of $35.09 and a two-hundred day moving average of $33.83.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last posted its quarterly earnings results on Monday, August 10th. The technology company reported ($0.27) earnings per share for the quarter. Liberty Sirius XM Group Series A had a return on equity of 1.78% and a net margin of 4.96%. The business had revenue of $1.87 billion during the quarter.

Several equities research analysts recently issued reports on the stock. Credit Suisse Group increased their target price on shares of Liberty Sirius XM Group Series A from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Benchmark increased their target price on shares of Liberty Sirius XM Group Series A from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Liberty Sirius XM Group Series A presently has an average rating of “Hold” and an average price target of $45.20.

Liberty Sirius XM Group Series A Company 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.

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

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