Anchor Capital Advisors LLC Sells 52,702 Shares of Liberty Sirius XM Group Series C (LSXMK)

Anchor Capital Advisors LLC trimmed its position in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 7.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 632,975 shares of the technology company’s stock after selling 52,702 shares during the period. Anchor Capital Advisors LLC’s holdings in Liberty Sirius XM Group Series C were worth $28,712,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in shares of Liberty Sirius XM Group Series C by 16.9% during the first quarter. Sei Investments Co. now owns 8,205 shares of the technology company’s stock worth $335,000 after buying an additional 1,188 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Liberty Sirius XM Group Series C by 2.1% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 67,247 shares of the technology company’s stock worth $3,050,000 after buying an additional 1,364 shares during the period. Summit Trail Advisors LLC increased its stake in shares of Liberty Sirius XM Group Series C by 17.0% during the first quarter. Summit Trail Advisors LLC now owns 11,557 shares of the technology company’s stock worth $337,000 after buying an additional 1,682 shares during the period. Weik Capital Management boosted its holdings in Liberty Sirius XM Group Series C by 4.4% in the second quarter. Weik Capital Management now owns 43,275 shares of the technology company’s stock valued at $1,963,000 after purchasing an additional 1,825 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in Liberty Sirius XM Group Series C by 9.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 27,769 shares of the technology company’s stock valued at $1,260,000 after purchasing an additional 2,425 shares in the last quarter. Hedge funds and other institutional investors own 80.13% of the company’s stock.

A number of equities analysts recently issued reports on the company. ValuEngine raised Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Morgan Stanley upped their price target on Liberty Sirius XM Group Series C from $45.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, July 13th.



Shares of LSXMK opened at $46.37 on Wednesday. The company has a market capitalization of $10.20 billion, a P/E ratio of 14.01 and a beta of 1.90. Liberty Sirius XM Group Series C has a 52-week low of $38.52 and a 52-week high of $48.56.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its quarterly earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.10). The company had revenue of $1.43 billion during the quarter. equities analysts anticipate that Liberty Sirius XM Group Series C will post 2.27 EPS for the current fiscal year.

Liberty Sirius XM Group Series C Profile

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

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