Jefferies Group LLC Takes $380,000 Position in Liberty Sirius XM Group Series A (LSXMA)

Jefferies Group LLC purchased a new stake in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,744 shares of the technology company’s stock, valued at approximately $380,000.

A number of other hedge funds also recently added to or reduced their stakes in LSXMA. Ancora Advisors LLC bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter worth approximately $140,000. Bank of Montreal Can bought a new stake in shares of Liberty Sirius XM Group Series A in the 2nd quarter worth approximately $161,000. First Hawaiian Bank bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter worth approximately $184,000. People s United Financial Inc. bought a new stake in shares of Liberty Sirius XM Group Series A in the 2nd quarter worth approximately $208,000. Finally, Signition LP bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter worth approximately $241,000. Institutional investors and hedge funds own 26.85% of the company’s stock.

Shares of Liberty Sirius XM Group Series A stock traded up $0.02 during trading on Friday, hitting $38.01. The stock had a trading volume of 255,500 shares, compared to its average volume of 574,600. The stock has a market cap of $12.40 billion, a P/E ratio of 11.48 and a beta of 1.24. Liberty Sirius XM Group Series A has a 12 month low of $34.92 and a 12 month high of $48.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its earnings results on Thursday, November 8th. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.08). The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. As a group, equities research analysts forecast that Liberty Sirius XM Group Series A will post 2.17 EPS for the current year.

In other Liberty Sirius XM Group Series A news, CEO Gregory B. Maffei purchased 10,000 shares of the business’s stock in a transaction on Tuesday, December 4th. The stock was acquired at an average cost of $30.12 per share, for a total transaction of $301,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

A number of equities research analysts have issued reports on LSXMA shares. Pivotal Research lowered their target price on shares of Liberty Sirius XM Group Series A from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, September 27th. Zacks Investment Research cut shares of Liberty Sirius XM Group Series A from a “hold” rating to a “sell” rating in a report on Saturday, November 17th. Citigroup lowered their target price on shares of Liberty Sirius XM Group Series A from $65.00 to $59.00 and set a “buy” rating on the stock in a report on Wednesday, October 10th. Finally, B. Riley reissued a “buy” rating on shares of Liberty Sirius XM Group Series A in a report on Thursday, November 15th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. Liberty Sirius XM Group Series A presently has an average rating of “Buy” and a consensus price target of $59.13.

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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.

Read More: Risk Tolerance

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

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