Sirius XM Holdings Inc (SIRI) Holdings Lifted by Aperio Group LLC

Aperio Group LLC grew its position in Sirius XM Holdings Inc (NASDAQ:SIRI) by 10.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 563,068 shares of the company’s stock after buying an additional 51,284 shares during the period. Aperio Group LLC’s holdings in Sirius XM were worth $3,812,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. V Wealth Management LLC bought a new stake in shares of Sirius XM in the second quarter worth approximately $108,000. Arnhold LLC bought a new stake in shares of Sirius XM in the first quarter worth approximately $125,000. RFG Advisory Group LLC bought a new stake in shares of Sirius XM in the second quarter worth approximately $146,000. Advisory Services Network LLC grew its stake in shares of Sirius XM by 121.8% in the second quarter. Advisory Services Network LLC now owns 22,739 shares of the company’s stock worth $164,000 after acquiring an additional 12,485 shares during the period. Finally, Quad Cities Investment Group LLC bought a new stake in shares of Sirius XM in the first quarter worth approximately $174,000. 18.75% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently commented on SIRI. Pivotal Research lowered shares of Sirius XM from a “buy” rating to a “hold” rating and set a $7.75 price target for the company. in a research note on Tuesday, June 19th. BidaskClub upgraded shares of Sirius XM from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 16th. Goldman Sachs Group lowered shares of Sirius XM from a “neutral” rating to a “sell” rating and set a $6.00 price target for the company. in a research note on Thursday, June 21st. Bank of America boosted their target price on shares of Sirius XM from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Thursday, June 14th. Finally, Barclays lowered shares of Sirius XM from an “equal weight” rating to an “underweight” rating and set a $5.00 target price for the company. in a research report on Tuesday, June 26th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. Sirius XM currently has a consensus rating of “Hold” and an average price target of $6.78.

In other Sirius XM news, EVP Dara F. Altman sold 387,696 shares of the company’s stock in a transaction that occurred on Tuesday, June 19th. The shares were sold at an average price of $7.49, for a total value of $2,903,843.04. Following the completion of the transaction, the executive vice president now directly owns 2,010,556 shares in the company, valued at $15,059,064.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Stephen Cook sold 415,502 shares of the company’s stock in a transaction that occurred on Thursday, July 26th. The stock was sold at an average price of $7.20, for a total transaction of $2,991,614.40. Following the completion of the transaction, the executive vice president now owns 1,988,300 shares of the company’s stock, valued at $14,315,760. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,066,992 shares of company stock valued at $7,743,814. Company insiders own 0.76% of the company’s stock.

Shares of NASDAQ SIRI opened at $6.94 on Friday. The company has a debt-to-equity ratio of -4.70, a current ratio of 0.16 and a quick ratio of 0.16. The company has a market cap of $31.26 billion, a P/E ratio of 34.75, a price-to-earnings-growth ratio of 1.86 and a beta of 1.06. Sirius XM Holdings Inc has a 12-month low of $5.17 and a 12-month high of $7.70.

Sirius XM (NASDAQ:SIRI) last announced its earnings results on Wednesday, July 25th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Sirius XM had a net margin of 14.68% and a negative return on equity of 78.24%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.04 earnings per share. equities research analysts anticipate that Sirius XM Holdings Inc will post 0.25 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 31st. Investors of record on Friday, August 10th will be given a dividend of $0.011 per share. The ex-dividend date of this dividend is Thursday, August 9th. This represents a $0.04 annualized dividend and a yield of 0.63%. Sirius XM’s dividend payout ratio (DPR) is 20.00%.

Sirius XM Profile

Sirius XM Holdings Inc provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels.

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Institutional Ownership by Quarter for Sirius XM (NASDAQ:SIRI)

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