Teachers Advisors LLC decreased its position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) by 8.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,545,207 shares of the company’s stock after selling 137,923 shares during the quarter. Teachers Advisors LLC’s holdings in Sirius XM Holdings were worth $8,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Sirius XM Holdings by 3,534.6% during the 1st quarter. BlackRock Inc. now owns 82,131,614 shares of the company’s stock valued at $422,980,000 after acquiring an additional 79,871,880 shares during the last quarter. FMR LLC boosted its position in shares of Sirius XM Holdings by 12.8% during the 1st quarter. FMR LLC now owns 41,962,057 shares of the company’s stock valued at $216,105,000 after acquiring an additional 4,772,837 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Sirius XM Holdings by 8.6% during the 1st quarter. Geode Capital Management LLC now owns 14,647,919 shares of the company’s stock valued at $75,412,000 after acquiring an additional 1,159,420 shares during the last quarter. Eagle Asset Management Inc. boosted its position in shares of Sirius XM Holdings by 22.5% during the 2nd quarter. Eagle Asset Management Inc. now owns 13,258,551 shares of the company’s stock valued at $72,524,000 after acquiring an additional 2,436,197 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in shares of Sirius XM Holdings by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 7,628,218 shares of the company’s stock valued at $41,726,000 after acquiring an additional 111,962 shares during the last quarter. 20.31% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Teachers Advisors LLC Sells 137,923 Shares of Sirius XM Holdings Inc. (SIRI)” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States & international trademark & copyright law. The legal version of this report can be read at https://www.watchlistnews.com/teachers-advisors-llc-sells-137923-shares-of-sirius-xm-holdings-inc-siri/1609320.html.

A number of research firms have commented on SIRI. Vetr cut shares of Sirius XM Holdings from a “strong-buy” rating to a “buy” rating and set a $5.79 target price on the stock. in a research report on Monday, June 19th. Bank of America Corporation reaffirmed a “buy” rating and issued a $5.50 target price on shares of Sirius XM Holdings in a research report on Friday, June 16th. Piper Jaffray Companies set a $7.00 target price on shares of Sirius XM Holdings and gave the company a “buy” rating in a research report on Thursday, July 27th. Macquarie reaffirmed a “buy” rating and issued a $6.00 target price (up previously from $5.65) on shares of Sirius XM Holdings in a research report on Thursday, July 27th. Finally, BidaskClub cut shares of Sirius XM Holdings from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Sirius XM Holdings presently has a consensus rating of “Buy” and an average price target of $5.83.

Shares of Sirius XM Holdings Inc. (SIRI) opened at 5.73 on Thursday. The firm has a market cap of $26.43 billion, a PE ratio of 33.71 and a beta of 1.07. The stock’s 50 day moving average is $5.55 and its 200 day moving average is $5.32. Sirius XM Holdings Inc. has a 12 month low of $4.05 and a 12 month high of $5.89.

Sirius XM Holdings (NASDAQ:SIRI) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Sirius XM Holdings had a negative return on equity of 99.07% and a net margin of 15.47%. The company’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.04 EPS. On average, analysts anticipate that Sirius XM Holdings Inc. will post $0.18 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a $0.011 dividend. This is a positive change from Sirius XM Holdings’s previous quarterly dividend of $0.01. This represents a $0.04 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Wednesday, November 8th. Sirius XM Holdings’s payout ratio is currently 25.00%.

Sirius XM Holdings Company 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.

Want to see what other hedge funds are holding SIRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sirius XM Holdings Inc. (NASDAQ:SIRI).

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

Receive News & Ratings for Sirius XM Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius XM Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.