The Liberty SiriusXM Group (NASDAQ:LSXMA) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lowered its position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMAGet Rating) by 16.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,750 shares of the technology company’s stock after selling 22,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in The Liberty SiriusXM Group were worth $5,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Montreal Can boosted its position in shares of The Liberty SiriusXM Group by 133.8% during the 1st quarter. Bank of Montreal Can now owns 213,117 shares of the technology company’s stock worth $9,859,000 after purchasing an additional 121,972 shares during the period. AlphaCrest Capital Management LLC purchased a new position in shares of The Liberty SiriusXM Group during the 1st quarter worth approximately $2,048,000. Citigroup Inc. boosted its position in shares of The Liberty SiriusXM Group by 11.2% during the 1st quarter. Citigroup Inc. now owns 50,221 shares of the technology company’s stock worth $2,295,000 after purchasing an additional 5,068 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of The Liberty SiriusXM Group by 122.4% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 35,481 shares of the technology company’s stock worth $1,649,000 after purchasing an additional 19,524 shares during the period. Finally, Blueshift Asset Management LLC purchased a new position in shares of The Liberty SiriusXM Group during the 1st quarter worth approximately $404,000. Institutional investors and hedge funds own 28.05% of the company’s stock.

Insider Activity

In related news, major shareholder Gamco Investors, Inc. Et Al acquired 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 27th. The shares were purchased at an average price of $25.00 per share, with a total value of $50,000.00. Following the completion of the acquisition, the insider now owns 12,000 shares in the company, valued at $300,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought a total of 4,600 shares of company stock valued at $123,976 over the last quarter. Corporate insiders own 4.02% of the company’s stock.

Analyst Upgrades and Downgrades

LSXMA has been the subject of several recent research reports. Pivotal Research decreased their price target on shares of The Liberty SiriusXM Group from $66.00 to $64.00 in a research report on Monday, August 8th. Barclays raised their price target on shares of The Liberty SiriusXM Group from $58.00 to $61.00 and gave the company an “overweight” rating in a research report on Monday, August 8th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of The Liberty SiriusXM Group from $79.00 to $76.00 in a research report on Tuesday, May 10th. Credit Suisse Group decreased their price target on shares of The Liberty SiriusXM Group from $64.00 to $52.00 and set an “outperform” rating for the company in a research report on Monday, August 8th. Finally, Citigroup raised their price target on shares of The Liberty SiriusXM Group from $53.00 to $59.00 in a research report on Wednesday, July 20th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, The Liberty SiriusXM Group presently has an average rating of “Moderate Buy” and an average price target of $61.33.

The Liberty SiriusXM Group Trading Down 0.0 %

NASDAQ LSXMA opened at $41.33 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market cap of $13.50 billion, a PE ratio of 14.35 and a beta of 1.14. The Liberty SiriusXM Group has a one year low of $34.40 and a one year high of $56.26. The firm’s fifty day moving average is $39.75 and its two-hundred day moving average is $42.22.

The Liberty SiriusXM Group (NASDAQ:LSXMAGet Rating) last posted its quarterly earnings data on Friday, August 5th. The technology company reported $1.24 EPS for the quarter. The company had revenue of $2.25 billion for the quarter. The Liberty SiriusXM Group had a net margin of 11.30% and a return on equity of 5.49%.

About The Liberty SiriusXM Group

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The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment.

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Institutional Ownership by Quarter for The Liberty SiriusXM Group (NASDAQ:LSXMA)

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