Ameriprise Financial Inc. Has $3.16 Million Position in Liberty Sirius XM Group (LSXMK)

Ameriprise Financial Inc. reduced its stake in Liberty Sirius XM Group (NASDAQ:LSXMK) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,415 shares of the technology company’s stock after selling 2,628 shares during the period. Ameriprise Financial Inc.’s holdings in Liberty Sirius XM Group were worth $3,157,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of LSXMK. Berkshire Hathaway Inc. increased its holdings in shares of Liberty Sirius XM Group by 39.4% during the second quarter. Berkshire Hathaway Inc. now owns 31,090,985 shares of the technology company’s stock worth $1,296,494,000 after buying an additional 8,783,876 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in Liberty Sirius XM Group by 30.2% in the third quarter. State of Wisconsin Investment Board now owns 1,201,599 shares of the technology company’s stock valued at $50,311,000 after purchasing an additional 278,699 shares during the period. Wells Fargo & Company MN increased its holdings in Liberty Sirius XM Group by 21.5% in the second quarter. Wells Fargo & Company MN now owns 1,108,722 shares of the technology company’s stock valued at $46,233,000 after purchasing an additional 195,875 shares during the period. Renaissance Technologies LLC increased its holdings in Liberty Sirius XM Group by 266.4% in the second quarter. Renaissance Technologies LLC now owns 847,400 shares of the technology company’s stock valued at $35,337,000 after purchasing an additional 616,100 shares during the period. Finally, Gabelli Funds LLC increased its holdings in Liberty Sirius XM Group by 1.0% in the third quarter. Gabelli Funds LLC now owns 797,900 shares of the technology company’s stock valued at $33,408,000 after purchasing an additional 7,800 shares during the period. Institutional investors and hedge funds own 77.33% of the company’s stock.

Shares of Liberty Sirius XM Group (LSXMK) opened at $40.72 on Thursday. Liberty Sirius XM Group has a one year low of $34.10 and a one year high of $46.24. The stock has a market cap of $22,730.00 and a P/E ratio of 29.51.

Separately, Zacks Investment Research cut shares of Liberty Sirius XM Group from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th.

TRADEMARK VIOLATION NOTICE: “Ameriprise Financial Inc. Has $3.16 Million Position in Liberty Sirius XM Group (LSXMK)” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark law. The legal version of this piece can be viewed at https://ledgergazette.com/2018/01/11/ameriprise-financial-inc-sells-2628-shares-of-liberty-sirius-xm-group-lsxmk.html.

About Liberty Sirius XM Group

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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

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

Leave a Reply