Shell Asset Management Co. trimmed its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 34.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,454 shares of the technology company’s stock after selling 5,923 shares during the quarter. Shell Asset Management Co.’s holdings in Liberty Sirius XM Group Series C were worth $498,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC increased its stake in Liberty Sirius XM Group Series C by 931.7% in the second quarter. Signaturefd LLC now owns 2,373 shares of the technology company’s stock valued at $108,000 after acquiring an additional 2,143 shares during the last quarter. Fort L.P. bought a new position in Liberty Sirius XM Group Series C in the second quarter valued at approximately $120,000. Acadian Asset Management LLC bought a new position in Liberty Sirius XM Group Series C in the second quarter valued at approximately $188,000. Lee Danner & Bass Inc. bought a new position in Liberty Sirius XM Group Series C in the second quarter valued at approximately $202,000. Finally, Private Advisor Group LLC bought a new position in Liberty Sirius XM Group Series C in the second quarter valued at approximately $205,000. 73.35% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ LSXMK opened at $38.63 on Friday. The firm has a market cap of $8.44 billion, a price-to-earnings ratio of 11.67 and a beta of 1.44. Liberty Sirius XM Group Series C has a fifty-two week low of $36.89 and a fifty-two week high of $48.56.

A number of research firms have weighed in on LSXMK. Pivotal Research decreased their target price on shares of Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, November 12th. Zacks Investment Research cut shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research note on Thursday, September 13th.

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

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