Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Downgraded by ValuEngine to Sell

ValuEngine lowered shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) from a hold rating to a sell rating in a report released on Tuesday, ValuEngine reports.

Several other equities analysts have also recently issued reports on LSXMA. Benchmark initiated coverage on Liberty Sirius XM Group Series A in a research note on Wednesday, October 9th. They set a buy rating and a $60.00 price objective on the stock. Deutsche Bank boosted their target price on shares of Liberty Sirius XM Group Series A from $62.00 to $67.00 and gave the company a buy rating in a research note on Monday, August 19th. Citigroup increased their target price on shares of Liberty Sirius XM Group Series A from $50.00 to $54.00 and gave the stock a buy rating in a report on Monday, September 23rd. Pivotal Research restated a buy rating and issued a $67.00 price target on shares of Liberty Sirius XM Group Series A in a research report on Sunday, August 11th. Finally, Credit Suisse Group started coverage on shares of Liberty Sirius XM Group Series A in a report on Wednesday, November 27th. They issued an outperform rating and a $55.00 price target for the company. Two analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $57.67.

LSXMA stock opened at $47.92 on Tuesday. Liberty Sirius XM Group Series A has a twelve month low of $34.92 and a twelve month high of $48.96. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $15.40 billion, a P/E ratio of 23.84 and a beta of 1.23. The firm has a 50 day simple moving average of $45.79 and a 200-day simple moving average of $41.07.

In other Liberty Sirius XM Group Series A news, insider Albert E. Rosenthaler sold 118,858 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $47.67, for a total value of $5,665,960.86. Also, SVP Brian J. Wendling sold 14,533 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $38.47, for a total value of $559,084.51. Over the last quarter, insiders sold 252,338 shares of company stock worth $11,904,409.

A number of hedge funds have recently bought and sold shares of LSXMA. CWM LLC increased its stake in Liberty Sirius XM Group Series A by 226.3% in the 2nd quarter. CWM LLC now owns 757 shares of the technology company’s stock valued at $29,000 after buying an additional 525 shares during the period. Atwater Malick LLC acquired a new position in Liberty Sirius XM Group Series A in the third quarter worth approximately $29,000. Captrust Financial Advisors increased its holdings in Liberty Sirius XM Group Series A by 36.9% in the second quarter. Captrust Financial Advisors now owns 1,348 shares of the technology company’s stock worth $51,000 after buying an additional 363 shares during the last quarter. Quadrant Capital Group LLC raised its position in Liberty Sirius XM Group Series A by 1,621.3% during the third quarter. Quadrant Capital Group LLC now owns 1,377 shares of the technology company’s stock valued at $55,000 after acquiring an additional 1,297 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ bought a new position in Liberty Sirius XM Group Series A during the second quarter valued at approximately $106,000. 27.59% of the stock is owned by institutional investors.

Liberty Sirius XM Group Series A 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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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