Liberty Sirius XM Group Series C (LSXMK) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. boosted its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 25.0% in the 1st quarter, HoldingsChannel reports. The fund owned 14,305 shares of the technology company’s stock after buying an additional 2,862 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Liberty Sirius XM Group Series C were worth $548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Massey Quick Simon & CO. LLC bought a new position in Liberty Sirius XM Group Series C during the first quarter valued at $25,000. Lindbrook Capital LLC bought a new position in Liberty Sirius XM Group Series C during the fourth quarter valued at $29,000. Baldwin Brothers Inc. MA bought a new position in Liberty Sirius XM Group Series C during the fourth quarter valued at $30,000. Oregon Public Employees Retirement Fund bought a new position in Liberty Sirius XM Group Series C during the fourth quarter valued at $30,000. Finally, Princeton Global Asset Management LLC bought a new position in Liberty Sirius XM Group Series C during the fourth quarter valued at $114,000. 81.41% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on LSXMK shares. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Friday, February 1st. Morgan Stanley restated an “overweight” rating and issued a $51.00 target price on shares of Liberty Sirius XM Group Series C in a report on Friday, March 15th.

Liberty Sirius XM Group Series C stock opened at $40.07 on Tuesday. The stock has a market capitalization of $8.52 billion, a PE ratio of 20.10 and a beta of 1.18. Liberty Sirius XM Group Series C has a 12-month low of $34.84 and a 12-month high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last released its earnings results on Thursday, February 28th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.08). The firm had revenue of $1.50 billion for the quarter. On average, research analysts expect that Liberty Sirius XM Group Series C will post 2.13 earnings per share for the current fiscal year.

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Liberty Sirius XM Group Series C Company 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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

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