Liberty Sirius XM Group Series C (NASDAQ:LSXMK)‘s stock had its “overweight” rating reaffirmed by analysts at Morgan Stanley in a report released on Friday, Marketbeat Ratings reports. They presently have a $51.00 price target on the technology company’s stock. Morgan Stanley’s price target would indicate a potential upside of 21.89% from the company’s previous close.

Separately, Zacks Investment Research lowered shares of Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 30th.

LSXMK stock opened at $41.84 on Friday. The stock has a market capitalization of $8.82 billion, a PE ratio of 20.82 and a beta of 1.20. Liberty Sirius XM Group Series C has a 12 month low of $34.84 and a 12 month high of $48.56.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lindbrook Capital LLC acquired a new stake in Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $29,000. Baldwin Brothers Inc. MA acquired a new stake in Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $30,000. Oregon Public Employees Retirement Fund acquired a new stake in Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $30,000. Princeton Global Asset Management LLC acquired a new stake in Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $114,000. Finally, Tower Research Capital LLC TRC acquired a new stake in Liberty Sirius XM Group Series C during the 3rd quarter valued at approximately $123,000. Institutional investors and hedge funds own 79.01% of the company’s stock.

About Liberty Sirius XM Group Series C

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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