Stifel Financial Corp Cuts Stake in Liberty Sirius XM Group (LSXMK)

Stifel Financial Corp trimmed its position in Liberty Sirius XM Group (NASDAQ:LSXMK) by 79.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,696 shares of the technology company’s stock after selling 247,680 shares during the period. Stifel Financial Corp’s holdings in Liberty Sirius XM Group were worth $2,637,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of LSXMK. Sei Investments Co. increased its position in shares of Liberty Sirius XM Group by 666.6% in the second quarter. Sei Investments Co. now owns 25,038 shares of the technology company’s stock valued at $1,045,000 after acquiring an additional 21,772 shares during the last quarter. Beach Investment Management LLC. acquired a new stake in shares of Liberty Sirius XM Group in the second quarter valued at about $306,000. Schwab Charles Investment Management Inc. increased its position in shares of Liberty Sirius XM Group by 5.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 307,046 shares of the technology company’s stock valued at $12,804,000 after acquiring an additional 15,515 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of Liberty Sirius XM Group in the second quarter valued at about $1,155,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in shares of Liberty Sirius XM Group in the second quarter valued at about $552,000. Institutional investors own 77.32% of the company’s stock.

Shares of Liberty Sirius XM Group (NASDAQ:LSXMK) opened at $39.00 on Thursday. The stock has a market capitalization of $8,975.98, a PE ratio of 24.78, a P/E/G ratio of 1.05 and a beta of 2.01. Liberty Sirius XM Group has a 12-month low of $33.14 and a 12-month high of $46.24.

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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).

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

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