Oppenheimer Asset Management Inc. Has $495,000 Position in Liberty Sirius XM Group Series C (LSXMK)

Oppenheimer Asset Management Inc. lifted its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 27.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,397 shares of the technology company’s stock after buying an additional 2,437 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Liberty Sirius XM Group Series C were worth $495,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Russell Investments Group Ltd. boosted its position in Liberty Sirius XM Group Series C by 12.0% in the third quarter. Russell Investments Group Ltd. now owns 139,180 shares of the technology company’s stock worth $6,043,000 after purchasing an additional 14,956 shares during the last quarter. Xact Kapitalforvaltning AB boosted its position in Liberty Sirius XM Group Series C by 53.9% in the third quarter. Xact Kapitalforvaltning AB now owns 19,036 shares of the technology company’s stock worth $827,000 after purchasing an additional 6,668 shares during the last quarter. Three Peaks Capital Management LLC boosted its position in Liberty Sirius XM Group Series C by 1.3% in the third quarter. Three Peaks Capital Management LLC now owns 122,261 shares of the technology company’s stock worth $5,312,000 after purchasing an additional 1,561 shares during the last quarter. IFM Investors Pty Ltd boosted its position in Liberty Sirius XM Group Series C by 15.2% in the third quarter. IFM Investors Pty Ltd now owns 15,737 shares of the technology company’s stock worth $684,000 after purchasing an additional 2,079 shares during the last quarter. Finally, Strs Ohio boosted its position in Liberty Sirius XM Group Series C by 22.0% in the third quarter. Strs Ohio now owns 14,787 shares of the technology company’s stock worth $642,000 after purchasing an additional 2,668 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Several research analysts have weighed in on LSXMK shares. Morgan Stanley boosted their price objective on Liberty Sirius XM Group Series C from $50.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Monday, August 6th. Zacks Investment Research cut Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th. Finally, ValuEngine cut Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th.



Shares of LSXMK opened at $41.54 on Thursday. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 11.47 and a beta of 1.46. Liberty Sirius XM Group Series C has a 1 year low of $38.11 and a 1 year high of $48.56.

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

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About Liberty Sirius XM Group Series C

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.

Further Reading: Why is the ex-dividend date different from the record date?

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

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