Toronto Dominion Bank boosted its stake in Sirius XM Holdings Inc. (NASDAQ:SIRI) by 240.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,957 shares of the company’s stock after buying an additional 48,679 shares during the quarter. Toronto Dominion Bank’s holdings in Sirius XM Holdings were worth $381,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SIRI. Victory Capital Management Inc. grew its stake in Sirius XM Holdings by 21.3% in the 2nd quarter. Victory Capital Management Inc. now owns 361,743 shares of the company’s stock valued at $1,979,000 after purchasing an additional 63,445 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Sirius XM Holdings by 17.2% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 533,483 shares of the company’s stock valued at $2,918,000 after purchasing an additional 78,260 shares during the period. Legal & General Group Plc grew its stake in Sirius XM Holdings by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 7,628,218 shares of the company’s stock valued at $41,726,000 after purchasing an additional 111,962 shares during the period. Engineers Gate Manager LP grew its stake in Sirius XM Holdings by 603.6% in the 2nd quarter. Engineers Gate Manager LP now owns 97,890 shares of the company’s stock valued at $535,000 after purchasing an additional 83,978 shares during the period. Finally, Pitcairn Co. grew its stake in Sirius XM Holdings by 1.3% in the 2nd quarter. Pitcairn Co. now owns 18,708 shares of the company’s stock valued at $102,000 after purchasing an additional 237 shares during the period. 20.28% of the stock is owned by institutional investors and hedge funds.

Sirius XM Holdings Inc. (NASDAQ:SIRI) opened at $5.44 on Friday. The company has a debt-to-equity ratio of -6.41, a quick ratio of 0.18 and a current ratio of 0.19. The firm has a market capitalization of $25,001.26, a price-to-earnings ratio of 30.22, a PEG ratio of 1.74 and a beta of 1.13. Sirius XM Holdings Inc. has a 12 month low of $4.22 and a 12 month high of $5.89.

Sirius XM Holdings (NASDAQ:SIRI) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Sirius XM Holdings had a negative return on equity of 93.51% and a net margin of 16.71%. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.04 EPS. research analysts forecast that Sirius XM Holdings Inc. will post 0.19 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 9th will be paid a dividend of $0.011 per share. This is an increase from Sirius XM Holdings’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $0.04 annualized dividend and a dividend yield of 0.81%. Sirius XM Holdings’s dividend payout ratio is presently 22.22%.

A number of research analysts have issued reports on the company. B. Riley restated a “buy” rating on shares of Sirius XM Holdings in a research note on Wednesday, November 1st. Vetr downgraded Sirius XM Holdings from a “strong-buy” rating to a “hold” rating and set a $6.06 price objective for the company. in a research note on Monday, July 31st. Pivotal Research restated a “buy” rating and issued a $6.80 price objective (up previously from $6.25) on shares of Sirius XM Holdings in a research note on Wednesday, October 25th. Royal Bank Of Canada restated a “hold” rating and issued a $6.00 price objective on shares of Sirius XM Holdings in a research note on Wednesday, October 18th. Finally, Zacks Investment Research upgraded Sirius XM Holdings from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $6.01.

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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.

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

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