Levin Capital Strategies L.P. Sells 2,694 Shares of Liberty Sirius XM Group (LSXMA)

Levin Capital Strategies L.P. trimmed its holdings in shares of Liberty Sirius XM Group (NASDAQ:LSXMA) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,078 shares of the technology company’s stock after selling 2,694 shares during the period. Levin Capital Strategies L.P.’s holdings in Liberty Sirius XM Group were worth $2,422,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Point72 Asset Management L.P. grew its holdings in Liberty Sirius XM Group by 115.6% during the third quarter. Point72 Asset Management L.P. now owns 1,920,600 shares of the technology company’s stock valued at $80,473,000 after purchasing an additional 1,029,720 shares during the period. First Quadrant L P CA grew its holdings in Liberty Sirius XM Group by 141.4% during the fourth quarter. First Quadrant L P CA now owns 551,918 shares of the technology company’s stock valued at $21,889,000 after purchasing an additional 323,264 shares during the period. Janus Henderson Group PLC grew its holdings in Liberty Sirius XM Group by 2,532.0% during the second quarter. Janus Henderson Group PLC now owns 262,652 shares of the technology company’s stock valued at $11,026,000 after purchasing an additional 252,673 shares during the period. Gruss Capital Management LP grew its holdings in Liberty Sirius XM Group by 18.9% during the third quarter. Gruss Capital Management LP now owns 1,163,500 shares of the technology company’s stock valued at $48,751,000 after purchasing an additional 185,000 shares during the period. Finally, Teacher Retirement System of Texas acquired a new position in Liberty Sirius XM Group during the fourth quarter valued at approximately $6,508,000. 25.24% of the stock is owned by institutional investors and hedge funds.

Liberty Sirius XM Group (NASDAQ:LSXMA) opened at $42.03 on Friday. The firm has a market cap of $14,172.90, a P/E ratio of 25.94, a PEG ratio of 0.81 and a beta of 2.41. Liberty Sirius XM Group has a 1-year low of $36.33 and a 1-year high of $46.43.

LSXMA has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Liberty Sirius XM Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 17th. B. Riley reiterated a “buy” rating and issued a $56.00 price target on shares of Liberty Sirius XM Group in a report on Friday, January 26th. Buckingham Research initiated coverage on shares of Liberty Sirius XM Group in a report on Friday, January 19th. They issued a “buy” rating and a $54.00 price target for the company. Deutsche Bank upgraded shares of Liberty Sirius XM Group from a “hold” rating to a “buy” rating and upped their price target for the company from $46.00 to $54.00 in a report on Friday, January 19th. Finally, Macquarie reiterated a “buy” rating and issued a $52.00 price target on shares of Liberty Sirius XM Group in a report on Sunday, February 4th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Liberty Sirius XM Group currently has a consensus rating of “Buy” and a consensus target price of $53.40.

In other news, Director Malcolm Ian Grant Gilchrist sold 3,841 shares of the business’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $39.61, for a total value of $152,142.01. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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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).

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

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