Oppenheimer Asset Management Inc. Has $495,000 Stake in Liberty Sirius XM Group Series C (LSXMK)

Oppenheimer Asset Management Inc. lifted its stake in shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 27.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,397 shares of the technology company’s stock after acquiring an additional 2,437 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Liberty Sirius XM Group Series C were worth $495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Signaturefd LLC increased its holdings in Liberty Sirius XM Group Series C by 931.7% in the second quarter. Signaturefd LLC now owns 2,373 shares of the technology company’s stock worth $108,000 after purchasing an additional 2,143 shares in the last quarter. Fort L.P. bought a new stake in Liberty Sirius XM Group Series C in the second quarter worth approximately $120,000. Acadian Asset Management LLC bought a new stake in Liberty Sirius XM Group Series C in the second quarter worth approximately $188,000. Lee Danner & Bass Inc. bought a new stake in Liberty Sirius XM Group Series C in the second quarter worth approximately $202,000. Finally, Private Advisor Group LLC bought a new stake in Liberty Sirius XM Group Series C in the second quarter worth approximately $205,000. Institutional investors own 79.82% of the company’s stock.

Shares of Liberty Sirius XM Group Series C stock opened at $41.54 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 capitalization of $9.15 billion, a price-to-earnings ratio of 11.47 and a beta of 1.46.

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.

A number of brokerages have weighed in on LSXMK. Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Morgan Stanley lifted their target price on Liberty Sirius XM Group Series C from $50.00 to $51.00 and gave the stock an “equal weight” rating in a report on Monday, August 6th. Finally, ValuEngine downgraded Liberty Sirius XM Group Series C from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th.

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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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