Alps Advisors Inc. raised its holdings in Liberty Sirius XM Group (NASDAQ:LSXMA) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,900 shares of the technology company’s stock after purchasing an additional 14,050 shares during the period. Alps Advisors Inc.’s holdings in Liberty Sirius XM Group were worth $3,289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of LSXMA. Point72 Asset Management L.P. increased its stake in shares of Liberty Sirius XM Group by 115.6% in the third quarter. Point72 Asset Management L.P. now owns 1,920,600 shares of the technology company’s stock worth $80,473,000 after purchasing an additional 1,029,720 shares in the last quarter. First Quadrant L P CA grew its stake in Liberty Sirius XM Group by 141.4% during the fourth quarter. First Quadrant L P CA now owns 551,918 shares of the technology company’s stock valued at $21,889,000 after acquiring an additional 323,264 shares in the last quarter. Janus Henderson Group PLC grew its stake in Liberty Sirius XM Group by 2,532.0% during the second quarter. Janus Henderson Group PLC now owns 262,652 shares of the technology company’s stock valued at $11,026,000 after acquiring an additional 252,673 shares in the last quarter. Gruss Capital Management LP grew its stake in Liberty Sirius XM Group by 18.9% during the third quarter. Gruss Capital Management LP now owns 1,163,500 shares of the technology company’s stock valued at $48,751,000 after acquiring an additional 185,000 shares in the last quarter. Finally, First Manhattan Co. grew its stake in Liberty Sirius XM Group by 24.4% during the fourth quarter. First Manhattan Co. now owns 444,473 shares of the technology company’s stock valued at $17,627,000 after acquiring an additional 87,100 shares in the last quarter. Hedge funds and other institutional investors own 25.18% of the company’s stock.

Liberty Sirius XM Group (NASDAQ LSXMA) opened at $41.35 on Friday. Liberty Sirius XM Group has a 12 month low of $35.23 and a 12 month high of $46.43. The company has a market cap of $22,830.00 and a P/E ratio of 29.96.

Liberty Sirius XM Group (NASDAQ:LSXMA) last released its quarterly earnings results on Thursday, November 9th. The technology company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.14. analysts anticipate that Liberty Sirius XM Group will post 1.76 earnings per share for the current year.

In other Liberty Sirius XM Group news, Director Malcolm Ian Grant Gilchrist sold 3,841 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $39.61, for a total value of $152,142.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Several equities analysts recently commented on the stock. Buckingham Research boosted their price objective on shares of Liberty Sirius XM Group from $54.00 to $59.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Barclays boosted their price objective on shares of Liberty Sirius XM Group from $42.00 to $48.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Citigroup raised shares of Liberty Sirius XM Group from a “neutral” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Monday, January 29th. Macquarie reaffirmed a “buy” rating and set a $52.00 price objective on shares of Liberty Sirius XM Group in a research note on Sunday, February 4th. Finally, Deutsche Bank raised shares of Liberty Sirius XM Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $46.00 to $54.00 in a research note on Friday, January 19th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $53.80.

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Liberty Sirius XM Group Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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Institutional Ownership by Quarter for Liberty Sirius XM Group (NASDAQ:LSXMA)

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