Sumitomo Mitsui Trust Holdings Inc. Has $25.98 Million Stake in Liberty Sirius XM Group Series C (LSXMK)

Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 5.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572,834 shares of the technology company’s stock after acquiring an additional 31,093 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.26% of Liberty Sirius XM Group Series C worth $25,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Natixis Advisors L.P. increased its holdings in Liberty Sirius XM Group Series C by 53.7% in the first quarter. Natixis Advisors L.P. now owns 209,313 shares of the technology company’s stock worth $8,551,000 after purchasing an additional 73,161 shares in the last quarter. M&R Capital Management Inc. increased its holdings in Liberty Sirius XM Group Series C by 186.0% in the first quarter. M&R Capital Management Inc. now owns 8,510 shares of the technology company’s stock worth $347,000 after purchasing an additional 5,534 shares in the last quarter. Alpine Global Management LLC bought a new stake in Liberty Sirius XM Group Series C in the first quarter worth approximately $2,292,000. Summit Trail Advisors LLC increased its holdings in Liberty Sirius XM Group Series C by 17.0% in the first quarter. Summit Trail Advisors LLC now owns 11,557 shares of the technology company’s stock worth $337,000 after purchasing an additional 1,682 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in Liberty Sirius XM Group Series C by 8.7% in the first quarter. Citigroup Inc. now owns 781,355 shares of the technology company’s stock worth $31,918,000 after purchasing an additional 62,854 shares in the last quarter. Institutional investors own 80.13% of the company’s stock.

Shares of Liberty Sirius XM Group Series C stock opened at $46.72 on Tuesday. Liberty Sirius XM Group Series C has a 52 week low of $38.52 and a 52 week high of $48.56. The company has a market capitalization of $10.20 billion, a price-to-earnings ratio of 12.79 and a beta of 1.90.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last announced its quarterly earnings data on Wednesday, August 8th. The technology company reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.10). The business had revenue of $1.43 billion during the quarter. equities research analysts expect that Liberty Sirius XM Group Series C will post 2.27 EPS for the current fiscal year.

LSXMK has been the subject of a number of research analyst reports. ValuEngine upgraded Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Morgan Stanley lifted their target price on Liberty Sirius XM Group Series C from $45.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, July 13th.

Liberty Sirius XM Group Series C 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.

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

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