Investors sold shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) on strength during trading hours on Thursday. $49.26 million flowed into the stock on the tick-up and $65.19 million flowed out of the stock on the tick-down, for a money net flow of $15.93 million out of the stock. Of all companies tracked, Sirius XM Holdings had the 0th highest net out-flow for the day. Sirius XM Holdings traded up $0.04 for the day and closed at $4.03

SIRI has been the subject of several analyst reports. Zacks Investment Research raised shares of Sirius XM Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, April 14th. Macquarie reaffirmed an “outperform” rating and set a $4.30 price objective (down previously from $4.60) on shares of Sirius XM Holdings in a research note on Friday, March 11th. Bank of America Corp. reaffirmed a “buy” rating and set a $5.00 price objective on shares of Sirius XM Holdings in a research note on Thursday, June 9th. Vetr raised shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $4.36 price objective for the company in a research note on Wednesday, April 6th. Finally, FBR & Co reaffirmed an “outperform” rating and set a $4.25 price objective on shares of Sirius XM Holdings in a research note on Monday, May 16th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $4.59.

The firm has a 50-day moving average price of $3.95 and a 200-day moving average price of $3.85. The company has a market capitalization of $19.98 billion and a PE ratio of 40.30.

Sirius XM Holdings (NASDAQ:SIRI) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.03. The company earned $1.20 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the business earned $2.48 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts forecast that Sirius XM Holdings Inc. will post $0.15 earnings per share for the current year.

A number of large investors have made changes to their positions in the company. Korea Investment CORP acquired a new stake in shares of Sirius XM Holdings during the fourth quarter valued at about $1,232,000. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Sirius XM Holdings by 5.0% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 304,385 shares of the company’s stock valued at $1,239,000 after buying an additional 14,578 shares in the last quarter. Profund Advisors LLC increased its stake in shares of Sirius XM Holdings by 7.8% in the fourth quarter. Profund Advisors LLC now owns 335,264 shares of the company’s stock valued at $1,365,000 after buying an additional 24,259 shares in the last quarter. Quantitative Investment Management LLC acquired a new stake in shares of Sirius XM Holdings during the fourth quarter valued at about $1,445,000. Finally, Cibc World Markets Corp increased its stake in shares of Sirius XM Holdings by 18.3% in the fourth quarter. Cibc World Markets Corp now owns 435,647 shares of the company’s stock valued at $1,773,000 after buying an additional 67,295 shares in the last quarter.

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.

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