Princeton Global Asset Management LLC Buys Shares of 3,070 Liberty Sirius XM Group Series C (LSXMK)

Princeton Global Asset Management LLC bought a new position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,070 shares of the technology company’s stock, valued at approximately $114,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. grew its position in Liberty Sirius XM Group Series C by 8.2% in the 4th quarter. BlackRock Inc. now owns 12,170,640 shares of the technology company’s stock worth $450,070,000 after purchasing an additional 925,302 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Liberty Sirius XM Group Series C by 5.5% during the 4th quarter. Geode Capital Management LLC now owns 1,950,482 shares of the technology company’s stock valued at $72,080,000 after acquiring an additional 102,171 shares during the period. New South Capital Management Inc. bought a new position in shares of Liberty Sirius XM Group Series C during the 4th quarter valued at approximately $59,761,000. Citadel Advisors LLC grew its position in shares of Liberty Sirius XM Group Series C by 63.9% during the 3rd quarter. Citadel Advisors LLC now owns 1,524,593 shares of the technology company’s stock valued at $66,244,000 after acquiring an additional 594,342 shares during the period. Finally, First Manhattan Co. grew its position in shares of Liberty Sirius XM Group Series C by 15.2% during the 4th quarter. First Manhattan Co. now owns 1,118,353 shares of the technology company’s stock valued at $41,356,000 after acquiring an additional 147,678 shares during the period. Institutional investors own 81.49% of the company’s stock.

A number of research firms have recently weighed in on LSXMK. Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th. Morgan Stanley reissued an “overweight” rating and set a $51.00 target price on shares of Liberty Sirius XM Group Series C in a research report on Friday, March 15th.

Shares of LSXMK stock traded up $0.15 during trading on Friday, reaching $39.93. 624,520 shares of the company’s stock traded hands, compared to its average volume of 604,231. The stock has a market capitalization 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 1 year low of $34.84 and a 1 year high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its quarterly earnings results on Thursday, February 28th. The technology company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.08). The company had revenue of $1.50 billion for the quarter. On average, sell-side analysts anticipate that Liberty Sirius XM Group Series C will post 2.13 EPS 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 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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