Alpha Windward LLC Takes Position in Liberty Sirius XM Group Series C (LSXMK)

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Alpha Windward LLC acquired a new stake in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 11,580 shares of the technology company’s stock, valued at approximately $443,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Lindbrook Capital LLC acquired a new position in shares of Liberty Sirius XM Group Series C in the 4th quarter worth approximately $29,000. Baldwin Brothers Inc. MA acquired a new position in shares of Liberty Sirius XM Group Series C in the 4th quarter worth approximately $30,000. Tower Research Capital LLC TRC acquired a new position in shares of Liberty Sirius XM Group Series C in the 3rd quarter worth approximately $123,000. Princeton Global Asset Management LLC acquired a new position in shares of Liberty Sirius XM Group Series C in the 4th quarter worth approximately $114,000. Finally, National Pension Service boosted its holdings in shares of Liberty Sirius XM Group Series C by 223.9% in the 4th quarter. National Pension Service now owns 3,802 shares of the technology company’s stock worth $153,000 after acquiring an additional 2,628 shares in the last quarter. Institutional investors own 81.49% of the company’s stock.

NASDAQ:LSXMK opened at $39.78 on Thursday. Liberty Sirius XM Group Series C has a 52-week low of $34.84 and a 52-week high of $48.56. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 19.79 and a beta of 1.17.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last posted its quarterly earnings results on Thursday, February 28th. The technology company reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.08). The firm had revenue of $1.50 billion during the quarter. Equities analysts expect that Liberty Sirius XM Group Series C will post 2.13 earnings per share for the current year.

Several research analysts have issued reports on the company. Zacks Investment Research raised Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a report on Friday, January 4th. Morgan Stanley reaffirmed an “overweight” rating and set a $51.00 price objective on shares of Liberty Sirius XM Group Series C in a report on Friday, March 15th.

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About Liberty Sirius XM Group Series C

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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