QS Investors LLC decreased its holdings in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) by 0.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,081,457 shares of the company’s stock after selling 134 shares during the quarter. QS Investors LLC’s holdings in Sirius XM Holdings were worth $5,916,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. boosted its holdings in shares of Sirius XM Holdings by 21.3% during the second quarter. Victory Capital Management Inc. now owns 361,743 shares of the company’s stock worth $1,979,000 after purchasing an additional 63,445 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Sirius XM Holdings by 17.2% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 533,483 shares of the company’s stock worth $2,918,000 after purchasing an additional 78,260 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Sirius XM Holdings by 1.5% during the second quarter. Legal & General Group Plc now owns 7,628,218 shares of the company’s stock worth $41,726,000 after purchasing an additional 111,962 shares during the last quarter. UBS Group AG boosted its holdings in shares of Sirius XM Holdings by 12.1% during the first quarter. UBS Group AG now owns 1,114,285 shares of the company’s stock worth $5,739,000 after purchasing an additional 119,915 shares during the last quarter. Finally, Engineers Gate Manager LP boosted its holdings in shares of Sirius XM Holdings by 603.6% during the second quarter. Engineers Gate Manager LP now owns 97,890 shares of the company’s stock worth $535,000 after purchasing an additional 83,978 shares during the last quarter. Institutional investors and hedge funds own 20.31% of the company’s stock.

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A number of research analysts recently weighed in on SIRI shares. Vetr upgraded Sirius XM Holdings from a “sell” rating to a “hold” rating and set a $5.18 target price on the stock in a report on Tuesday, June 6th. Zacks Investment Research cut Sirius XM Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Macquarie reiterated a “buy” rating and issued a $6.00 target price (up previously from $5.65) on shares of Sirius XM Holdings in a report on Thursday, July 27th. Bank of America Corporation reiterated a “buy” rating and issued a $5.50 target price on shares of Sirius XM Holdings in a report on Friday, June 16th. Finally, Pivotal Research reiterated a “buy” rating and issued a $6.25 target price on shares of Sirius XM Holdings in a report on Sunday, July 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $5.75.

Sirius XM Holdings Inc. (NASDAQ:SIRI) opened at 5.52 on Friday. The firm’s 50 day moving average price is $5.58 and its 200-day moving average price is $5.29. The firm has a market cap of $25.46 billion, a PE ratio of 32.47 and a beta of 1.08. Sirius XM Holdings Inc. has a 52 week low of $4.05 and a 52 week high of $5.89.

Sirius XM Holdings (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.04. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Sirius XM Holdings had a net margin of 15.47% and a negative return on equity of 99.07%. Sirius XM Holdings’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.04 earnings per share. On average, analysts forecast that Sirius XM Holdings Inc. will post $0.18 EPS for the current year.

Sirius XM Holdings Profile

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

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Institutional Ownership by Quarter for Sirius XM Holdings (NASDAQ:SIRI)

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