Point72 Hong Kong Ltd bought a new stake in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,423 shares of the technology company’s stock, valued at approximately $214,000.

Several other hedge funds also recently made changes to their positions in the business. TRUE Private Wealth Advisors acquired a new position in shares of Liberty Sirius XM Group Series A during the fourth quarter worth about $31,000. Vestor Capital LLC purchased a new stake in Liberty Sirius XM Group Series A in the 4th quarter valued at approximately $51,000. Advisory Services Network LLC purchased a new position in shares of Liberty Sirius XM Group Series A during the 4th quarter worth approximately $88,000. Marshall Wace LLP lifted its holdings in shares of Liberty Sirius XM Group Series A by 58.8% in the 1st quarter. Marshall Wace LLP now owns 3,197 shares of the technology company’s stock valued at $122,000 after buying an additional 1,184 shares during the period. Finally, Raab & Moskowitz Asset Management LLC acquired a new stake in shares of Liberty Sirius XM Group Series A in the 4th quarter valued at approximately $124,000. Institutional investors own 29.69% of the company’s stock.

LSXMA has been the topic of a number of recent analyst reports. Benchmark dropped their price objective on Liberty Sirius XM Group Series A from $60.00 to $47.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. Credit Suisse Group cut Liberty Sirius XM Group Series A from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $55.00 to $35.00 in a research report on Friday, March 20th. Citigroup raised their target price on Liberty Sirius XM Group Series A from $54.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, ValuEngine lowered shares of Liberty Sirius XM Group Series A from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Liberty Sirius XM Group Series A presently has a consensus rating of “Hold” and an average price target of $52.83.

Liberty Sirius XM Group Series A stock traded up $1.05 during mid-day trading on Thursday, reaching $30.97. The company had a trading volume of 1,140,963 shares, compared to its average volume of 1,033,379. Liberty Sirius XM Group Series A has a 1 year low of $22.54 and a 1 year high of $51.11. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $9.78 billion, a P/E ratio of 20.11 and a beta of 1.17. The stock’s 50-day simple moving average is $42.69 and its 200-day simple moving average is $44.99.

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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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

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