Sirius XM Holdings Inc. (NASDAQ:SIRI) traded down 1.4% during mid-day trading on Thursday . The company traded as low as $4.18 and last traded at $4.18, with a volume of 44,387,625 shares trading hands. The stock had previously closed at $4.24.

A number of equities research analysts have recently issued reports on the company. TheStreet upgraded Sirius XM Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, July 26th. RBC Capital Markets restated a “sector perform” rating and set a $4.75 price objective (up previously from $4.25) on shares of Sirius XM Holdings in a research note on Wednesday, July 27th. Barclays PLC restated a “buy” rating and set a $4.60 price objective on shares of Sirius XM Holdings in a research note on Thursday, July 28th. FBR & Co restated an “outperform” rating and set a $5.00 price objective (up previously from $4.25) on shares of Sirius XM Holdings in a research note on Thursday, July 28th. Finally, Royal Bank Of Canada raised their price objective on Sirius XM Holdings from $4.25 to $4.75 and gave the company a “sector perform” rating in a research note on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $4.69.

The company’s 50 day moving average is $4.17 and its 200-day moving average is $3.93. The firm has a market cap of $20.44 billion and a PE ratio of 34.92.

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

An institutional investor recently raised its position in Sirius XM Holdings stock. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in Sirius XM Holdings Inc. (NASDAQ:SIRI) by 5.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 304,385 shares of the company’s stock after buying an additional 14,578 shares during the period. Mitsubishi UFJ Kokusai Asset Management CO. LTD.’s holdings in Sirius XM Holdings were worth $1,239,000 at the end of the most recent reporting period.

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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