Sirius XM Holdings Inc. (NASDAQ:SIRI) Shares Purchased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. grew its holdings in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) by 27.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 469,863 shares of the company’s stock after acquiring an additional 100,106 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.14% of Sirius XM worth $10,713,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SIRI. State of Alaska Department of Revenue lifted its holdings in Sirius XM by 21.2% in the fourth quarter. State of Alaska Department of Revenue now owns 234,242 shares of the company’s stock worth $5,340,000 after purchasing an additional 41,000 shares during the period. Check Capital Management Inc. CA lifted its stake in shares of Sirius XM by 597.7% in the 4th quarter. Check Capital Management Inc. CA now owns 1,145,731 shares of the company’s stock worth $26,123,000 after acquiring an additional 981,517 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Sirius XM by 209.1% in the third quarter. Franklin Resources Inc. now owns 87,201 shares of the company’s stock valued at $2,062,000 after acquiring an additional 58,993 shares in the last quarter. Legato Capital Management LLC increased its stake in shares of Sirius XM by 21.9% during the fourth quarter. Legato Capital Management LLC now owns 85,500 shares of the company’s stock valued at $1,949,000 after acquiring an additional 15,342 shares during the period. Finally, MBA Advisors LLC bought a new stake in Sirius XM during the fourth quarter worth approximately $228,000. Institutional investors own 10.69% of the company’s stock.

Sirius XM Trading Up 1.6 %

Shares of NASDAQ SIRI opened at $21.36 on Friday. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93. Sirius XM Holdings Inc. has a one year low of $18.69 and a one year high of $41.60. The business has a 50-day moving average price of $22.49 and a two-hundred day moving average price of $24.03. The firm has a market capitalization of $7.24 billion, a PE ratio of -3.33, a PEG ratio of 0.79 and a beta of 0.98.

Sirius XM (NASDAQ:SIRI) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.20. Sirius XM had a negative net margin of 24.03% and a positive return on equity of 13.44%. As a group, analysts predict that Sirius XM Holdings Inc. will post 3.2 earnings per share for the current fiscal year.

Sirius XM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 9th will be issued a dividend of $0.27 per share. The ex-dividend date is Friday, May 9th. This represents a $1.08 annualized dividend and a dividend yield of 5.06%. Sirius XM’s dividend payout ratio is -16.85%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SIRI shares. Seaport Res Ptn upgraded Sirius XM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 8th. Rosenblatt Securities dropped their price target on shares of Sirius XM from $29.00 to $24.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Morgan Stanley reduced their price objective on shares of Sirius XM from $23.00 to $21.00 and set an “underweight” rating for the company in a research report on Thursday, January 23rd. Barrington Research set a $28.00 target price on shares of Sirius XM in a report on Friday, January 31st. Finally, Guggenheim reduced their target price on shares of Sirius XM from $30.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Six research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Sirius XM presently has an average rating of “Hold” and a consensus target price of $26.81.

Sirius XM Company Profile

Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company’s Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.