Millennium Management LLC boosted its holdings in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 530,184 shares of the technology company’s stock after purchasing an additional 24,385 shares during the quarter. Millennium Management LLC owned 0.16% of Liberty Sirius XM Group Series A worth $23,885,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Security National Bank of Sioux City Iowa IA acquired a new stake in Liberty Sirius XM Group Series A in the 2nd quarter worth about $333,000. PEAK6 Investments L.P. acquired a new position in shares of Liberty Sirius XM Group Series A in the 2nd quarter valued at approximately $437,000. Alpine Global Management LLC raised its position in shares of Liberty Sirius XM Group Series A by 34.2% in the 2nd quarter. Alpine Global Management LLC now owns 291,905 shares of the technology company’s stock valued at $13,150,000 after buying an additional 74,354 shares in the last quarter. Marshall Wace LLP raised its position in shares of Liberty Sirius XM Group Series A by 38.0% in the 2nd quarter. Marshall Wace LLP now owns 25,679 shares of the technology company’s stock valued at $1,157,000 after buying an additional 7,070 shares in the last quarter. Finally, Paloma Partners Management Co raised its position in shares of Liberty Sirius XM Group Series A by 32.0% in the 2nd quarter. Paloma Partners Management Co now owns 72,536 shares of the technology company’s stock valued at $3,268,000 after buying an additional 17,589 shares in the last quarter. Institutional investors and hedge funds own 26.50% of the company’s stock.

Several brokerages have recently commented on LSXMA. Zacks Investment Research cut shares of Liberty Sirius XM Group Series A from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. B. Riley boosted their target price on shares of Liberty Sirius XM Group Series A to $75.00 and gave the company a “buy” rating in a research report on Tuesday, September 4th. Macquarie dropped their target price on shares of Liberty Sirius XM Group Series A from $61.00 to $58.00 and set an “outperform” rating for the company in a research report on Tuesday, August 28th. Deutsche Bank boosted their target price on shares of Liberty Sirius XM Group Series A from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, August 14th. Finally, Barclays cut shares of Liberty Sirius XM Group Series A from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $50.00 to $43.00 in a research report on Tuesday, June 26th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Liberty Sirius XM Group Series A presently has a consensus rating of “Buy” and an average target price of $57.78.

Shares of Liberty Sirius XM Group Series A stock opened at $43.13 on Thursday. The company has a market cap of $13.95 billion, a P/E ratio of 11.53 and a beta of 1.89. Liberty Sirius XM Group Series A has a 1 year low of $38.61 and a 1 year high of $48.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its quarterly earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.01). The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. research analysts anticipate that Liberty Sirius XM Group Series A will post 2.19 earnings per share for the current fiscal year.

In related news, insider Albert E. Rosenthaler sold 54,781 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $36.71, for a total transaction of $2,011,010.51. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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 Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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

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