FNY Investment Advisers LLC Has $156,000 Stake in Liberty Sirius XM Group Series C (LSXMK)

FNY Investment Advisers LLC reduced its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 52.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,600 shares of the technology company’s stock after selling 4,000 shares during the period. FNY Investment Advisers LLC’s holdings in Liberty Sirius XM Group Series C were worth $156,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Citadel Advisors LLC grew its position in Liberty Sirius XM Group Series C by 147.5% during the second quarter. Citadel Advisors LLC now owns 930,251 shares of the technology company’s stock valued at $42,196,000 after purchasing an additional 554,422 shares in the last quarter. Dorsal Capital Management LLC grew its position in Liberty Sirius XM Group Series C by 19.4% during the second quarter. Dorsal Capital Management LLC now owns 2,985,000 shares of the technology company’s stock valued at $135,400,000 after purchasing an additional 485,000 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Liberty Sirius XM Group Series C during the second quarter valued at approximately $21,062,000. MUFG Securities EMEA plc grew its position in Liberty Sirius XM Group Series C by 228.6% during the second quarter. MUFG Securities EMEA plc now owns 460,000 shares of the technology company’s stock valued at $20,866,000 after purchasing an additional 320,000 shares in the last quarter. Finally, First Trust Advisors LP purchased a new position in Liberty Sirius XM Group Series C during the second quarter valued at approximately $12,795,000. 79.84% of the stock is currently owned by institutional investors and hedge funds.

Shares of LSXMK opened at $41.27 on Thursday. Liberty Sirius XM Group Series C has a 52 week low of $38.11 and a 52 week high of $48.56. The company has a market cap of $8.60 billion, a P/E ratio of 10.78 and a beta of 1.86.

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 company had revenue of $1.43 billion for the quarter. As a group, equities analysts anticipate that Liberty Sirius XM Group Series C will post 2.27 EPS for the current fiscal year.

A number of research analysts recently commented on LSXMK shares. ValuEngine downgraded shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Morgan Stanley boosted their price objective on shares of Liberty Sirius XM Group Series C from $50.00 to $51.00 and gave the company an “equal weight” rating in a research report on Monday, August 6th. Finally, Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a research report on Thursday, September 13th.

Liberty Sirius XM Group Series C 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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