Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) traded up 5.3% during trading on Tuesday . The company traded as high as $4.41 and last traded at $4.37, with a volume of 95,341,791 shares trading hands. The stock had previously closed at $4.15.

A number of analysts have commented on the stock. Sanford C. Bernstein began coverage on shares of Sirius XM Holdings in a research note on Tuesday, July 12th. They set a “market perform” rating for the company. Telsey Advisory Group began coverage on shares of Sirius XM Holdings in a research note on Tuesday, July 12th. They issued a “market perform” rating and a $4.59 target price for the company. Zacks Investment Research lowered shares of Sirius XM Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 4th. Bank of America Corp. reiterated a “buy” rating and issued a $5.00 target price on shares of Sirius XM Holdings in a research note on Thursday, June 9th. Finally, Buckingham Research reiterated a “buy” rating and issued a $5.00 target price on shares of Sirius XM Holdings in a research note on Friday, June 3rd. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $4.59.

The company’s 50 day moving average is $4.01 and its 200-day moving average is $3.86. The firm has a market cap of $21.57 billion and a price-to-earnings ratio of 43.50.

Sirius XM Holdings (NASDAQ:SIRI) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by $0.01. The business earned $1.20 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts anticipate that Sirius XM Holdings Inc. will post $0.14 EPS for the current year.

Several hedge funds and institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Sirius XM Holdings by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 93,298,044 shares of the company’s stock valued at $379,723,000 after buying an additional 1,061,868 shares during the period. Quantitative Investment Management LLC purchased a new position in shares of Sirius XM Holdings during the fourth quarter valued at $1,445,000. GSA Capital Partners LLP raised its position in shares of Sirius XM Holdings by 485.6% in the fourth quarter. GSA Capital Partners LLP now owns 716,220 shares of the company’s stock valued at $2,915,000 after buying an additional 593,912 shares during the period. Morgan Stanley raised its position in shares of Sirius XM Holdings by 23.6% in the fourth quarter. Morgan Stanley now owns 2,572,840 shares of the company’s stock valued at $10,473,000 after buying an additional 491,752 shares during the period. Finally, Edge Asset Management Inc. purchased a new position in shares of Sirius XM Holdings during the fourth quarter valued at $8,447,000.

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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