Bank of America Corp DE Has $37.42 Million Holdings in Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

Bank of America Corp DE reduced its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,011,879 shares of the technology company’s stock after selling 83,773 shares during the quarter. Bank of America Corp DE owned approximately 0.47% of Liberty Sirius XM Group Series C worth $37,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Lindbrook Capital LLC acquired a new stake in shares of Liberty Sirius XM Group Series C during the fourth quarter worth $29,000. Baldwin Brothers Inc. MA bought a new stake in Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $30,000. Tower Research Capital LLC TRC bought a new stake in Liberty Sirius XM Group Series C during the 3rd quarter valued at approximately $123,000. HRT Financial LLC bought a new stake in Liberty Sirius XM Group Series C during the 3rd quarter valued at approximately $235,000. Finally, Daiwa Securities Group Inc. boosted its stake in Liberty Sirius XM Group Series C by 9.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,900 shares of the technology company’s stock valued at $218,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 81.49% of the company’s stock.

LSXMK has been the topic of several recent research reports. Morgan Stanley restated an “overweight” rating and issued a $51.00 price target on shares of Liberty Sirius XM Group Series C in a research report on Friday, March 15th. Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research note on Wednesday, March 20th.

Shares of LSXMK stock traded up $0.15 during trading on Friday, hitting $39.93. The company had a trading volume of 624,520 shares, compared to its average volume of 604,231. The stock has a market cap of $8.42 billion, a P/E ratio of 19.87 and a beta of 1.17. Liberty Sirius XM Group Series C has a one year low of $34.84 and a one year high of $48.56.

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

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About Liberty Sirius XM Group Series C

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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