BlueCrest Capital Management Ltd Acquires Shares of 76,285 Sirius XM Holdings Inc. (SIRI)

BlueCrest Capital Management Ltd acquired a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 76,285 shares of the company’s stock, valued at approximately $417,000.

A number of other hedge funds also recently modified their holdings of SIRI. Macquarie Group Ltd. raised its position in shares of Sirius XM Holdings by 476.2% in the second quarter. Macquarie Group Ltd. now owns 18,392 shares of the company’s stock valued at $101,000 after buying an additional 15,200 shares in the last quarter. Pitcairn Co. raised its position in shares of Sirius XM Holdings by 1.3% in the second quarter. Pitcairn Co. now owns 18,708 shares of the company’s stock valued at $102,000 after buying an additional 237 shares in the last quarter. Advisor Partners LLC raised its position in shares of Sirius XM Holdings by 103.7% in the second quarter. Advisor Partners LLC now owns 23,449 shares of the company’s stock valued at $128,000 after buying an additional 11,938 shares in the last quarter. RFG Advisory Group LLC acquired a new stake in shares of Sirius XM Holdings in the second quarter valued at approximately $136,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Sirius XM Holdings in the second quarter valued at approximately $143,000. Hedge funds and other institutional investors own 20.26% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “BlueCrest Capital Management Ltd Acquires Shares of 76,285 Sirius XM Holdings Inc. (SIRI)” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://ledgergazette.com/2017/10/18/bluecrest-capital-management-ltd-acquires-shares-of-76285-sirius-xm-holdings-inc-siri.html.

A number of equities research analysts have recently weighed in on the stock. Macquarie reiterated a “buy” rating and issued a $6.00 price target (up from $5.65) on shares of Sirius XM Holdings in a research report on Thursday, July 27th. Zacks Investment Research downgraded shares of Sirius XM Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Vetr upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $6.06 price target for the company in a research report on Monday, July 24th. Royal Bank Of Canada assumed coverage on shares of Sirius XM Holdings in a research report on Friday, September 15th. They issued a “sector perform” rating and a $6.00 price target for the company. Finally, BidaskClub upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $5.96.

Shares of Sirius XM Holdings Inc. (SIRI) opened at 5.71 on Wednesday. Sirius XM Holdings Inc. has a 52-week low of $4.07 and a 52-week high of $5.89. The stock’s 50 day moving average is $5.58 and its 200 day moving average is $5.35. The company has a market capitalization of $26.34 billion, a P/E ratio of 33.59 and a beta of 1.07.

Sirius XM Holdings (NASDAQ:SIRI) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.04. Sirius XM Holdings had a net margin of 15.47% and a negative return on equity of 99.07%. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the company posted $0.04 EPS. Sirius XM Holdings’s revenue was up 9.1% on a year-over-year basis. Equities analysts expect that Sirius XM Holdings Inc. will post $0.18 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be issued a $0.011 dividend. The ex-dividend date of this divide

A number of other hedge funds also recently modified their holdings of SIRI. Macquarie Group Ltd. raised its position in shares of Sirius XM Holdings by 476.2% in the second quarter. Macquarie Group Ltd. now owns 18,392 shares of the company’s stock valued at $101,000 after buying an additional 15,200 shares in the last quarter. Pitcairn Co. raised its position in shares of Sirius XM Holdings by 1.3% in the second quarter. Pitcairn Co. now owns 18,708 shares of the company’s stock valued at $102,000 after buying an additional 237 shares in the last quarter. Advisor Partners LLC raised its position in shares of Sirius XM Holdings by 103.7% in the second quarter. Advisor Partners LLC now owns 23,449 shares of the company’s stock valued at $128,000 after buying an additional 11,938 shares in the last quarter. RFG Advisory Group LLC acquired a new stake in shares of Sirius XM Holdings in the second quarter valued at approximately $136,000. Finally, Ballentine Partners LLC acquired a new stake in shares of Sirius XM Holdings in the second quarter valued at approximately $143,000. Hedge funds and other institutional investors own 20.26% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “BlueCrest Capital Management Ltd Acquires Shares of 76,285 Sirius XM Holdings Inc. (SIRI)” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://ledgergazette.com/2017/10/18/bluecrest-capital-management-ltd-acquires-shares-of-76285-sirius-xm-holdings-inc-siri.html.

A number of equities research analysts have recently weighed in on the stock. Macquarie reiterated a “buy” rating and issued a $6.00 price target (up from $5.65) on shares of Sirius XM Holdings in a research report on Thursday, July 27th. Zacks Investment Research downgraded shares of Sirius XM Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Vetr upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $6.06 price target for the company in a research report on Monday, July 24th. Royal Bank Of Canada assumed coverage on shares of Sirius XM Holdings in a research report on Friday, September 15th. They issued a “sector perform” rating and a $6.00 price target for the company. Finally, BidaskClub upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $5.96.

Shares of Sirius XM Holdings Inc. (SIRI) opened at 5.71 on Wednesday. Sirius XM Holdings Inc. has a 52-week low of $4.07 and a 52-week high of $5.89. The stock’s 50 day moving average is $5.58 and its 200 day moving average is $5.35. The company has a market capitalization of $26.34 billion, a P/E ratio of 33.59 and a beta of 1.07.

Sirius XM Holdings (NASDAQ:SIRI) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.04. Sirius XM Holdings had a net margin of 15.47% and a negative return on equity of 99.07%. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the company posted $0.04 EPS. Sirius XM Holdings’s revenue was up 9.1% on a year-over-year basis. Equities analysts expect that Sirius XM Holdings Inc. will post $0.18 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be issued a $0.011 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This is a boost from Sirius XM Holdings’s previous quarterly dividend of $0.01. This represents a $0.04 annualized dividend and a yield of 0.77%. Sirius XM Holdings’s payout ratio is 25.00%.

Sirius XM Holdings Company Profile

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

Institutional Ownership by Quarter for Sirius XM Holdings (NASDAQ:SIRI)

Receive News & Ratings for Sirius XM Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius XM Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply