BlackRock Inc. increased its holdings in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 8.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,170,640 shares of the technology company’s stock after purchasing an additional 925,302 shares during the quarter. BlackRock Inc. owned 5.66% of Liberty Sirius XM Group Series C worth $450,070,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Strs Ohio increased its holdings in Liberty Sirius XM Group Series C by 22.0% in the 3rd quarter. Strs Ohio now owns 14,787 shares of the technology company’s stock valued at $642,000 after purchasing an additional 2,668 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Liberty Sirius XM Group Series C by 12.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 139,180 shares of the technology company’s stock valued at $6,043,000 after purchasing an additional 14,956 shares during the last quarter. Acadian Asset Management LLC increased its holdings in Liberty Sirius XM Group Series C by 224.2% in the 3rd quarter. Acadian Asset Management LLC now owns 13,451 shares of the technology company’s stock valued at $584,000 after purchasing an additional 9,302 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Liberty Sirius XM Group Series C by 27.8% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 18,256 shares of the technology company’s stock valued at $794,000 after purchasing an additional 3,974 shares during the last quarter. Finally, Sterling Capital Management LLC acquired a new stake in Liberty Sirius XM Group Series C in the 3rd quarter valued at approximately $878,000. 81.43% of the stock is owned by institutional investors and hedge funds.
Get Liberty Sirius XM Group Series C alerts:LSXMK has been the subject of several research reports. Pivotal Research dropped their target price on shares of Liberty Sirius XM Group Series C from $62.00 to $60.00 and set a “buy” rating for the company in a report on Monday, November 12th. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Friday, January 4th.
NASDAQ:LSXMK opened at $40.47 on Friday. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 20.13 and a beta of 1.20. Liberty Sirius XM Group Series C has a 52 week low of $34.84 and a 52 week high of $48.56.
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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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