Liberty Sirius XM Group Series A (LSXMA) Receives Average Rating of “Buy” from Analysts

Shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) have been assigned a consensus rating of “Buy” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $57.67.

Separately, Zacks Investment Research raised shares of Liberty Sirius XM Group Series A from a “sell” rating to a “hold” rating in a research note on Friday, February 1st.

In related news, insider Richard N. Baer sold 19,988 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $41.51, for a total transaction of $829,701.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.



Institutional investors have recently added to or reduced their stakes in the business. TLP Group LLC acquired a new stake in Liberty Sirius XM Group Series A during the 3rd quarter worth approximately $125,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Liberty Sirius XM Group Series A in the 4th quarter valued at $112,000. Loeb Partners Corp acquired a new stake in shares of Liberty Sirius XM Group Series A in the 4th quarter valued at $131,000. Bank of Montreal Can raised its holdings in shares of Liberty Sirius XM Group Series A by 14.7% in the 4th quarter. Bank of Montreal Can now owns 4,052 shares of the technology company’s stock valued at $149,000 after purchasing an additional 520 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Liberty Sirius XM Group Series A by 280.7% in the 3rd quarter. Nordea Investment Management AB now owns 4,389 shares of the technology company’s stock valued at $191,000 after purchasing an additional 3,236 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

NASDAQ LSXMA traded down $0.56 during trading hours on Monday, hitting $39.72. 442,124 shares of the company’s stock traded hands, compared to its average volume of 617,042. Liberty Sirius XM Group Series A has a 52-week low of $34.92 and a 52-week high of $48.57. The stock has a market cap of $12.86 billion, a PE ratio of 19.76 and a beta of 1.19.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its quarterly earnings data on Thursday, February 28th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). The company had revenue of $1.50 billion for the quarter. On average, research analysts anticipate that Liberty Sirius XM Group Series A will post 2.42 earnings per share for the current fiscal year.

Liberty Sirius XM Group Series A Company 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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Analyst Recommendations for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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