The Liberty SiriusXM Group (NASDAQ:LSXMA) Receives Average Recommendation of “Buy” from Analysts

Shares of The Liberty SiriusXM Group (NASDAQ:LSXMAGet Rating) have been assigned an average rating of “Buy” from the seven analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $62.67.

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of The Liberty SiriusXM Group from $79.00 to $76.00 in a research report on Tuesday.

Shares of The Liberty SiriusXM Group stock opened at $38.62 on Tuesday. The Liberty SiriusXM Group has a 12-month low of $38.30 and a 12-month high of $56.26. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.86. The stock has a market cap of $12.84 billion, a PE ratio of 14.63 and a beta of 1.13. The company has a 50-day moving average of $44.64 and a two-hundred day moving average of $48.10.

The Liberty SiriusXM Group (NASDAQ:LSXMAGet Rating) last issued its quarterly earnings data on Friday, February 25th. The technology company reported ($0.20) earnings per share for the quarter. The Liberty SiriusXM Group had a return on equity of 3.19% and a net margin of 6.89%. The business had revenue of $2.28 billion for the quarter.

In other news, major shareholder Gamco Investors, Inc. Et Al bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 12th. The shares were purchased at an average price of $27.12 per share, for a total transaction of $135,600.00. Following the completion of the transaction, the insider now owns 40,000 shares in the company, valued at $1,084,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders have purchased 12,000 shares of company stock worth $328,850.

Institutional investors and hedge funds have recently made changes to their positions in the business. Baupost Group LLC MA boosted its holdings in shares of The Liberty SiriusXM Group by 25.7% in the 3rd quarter. Baupost Group LLC MA now owns 4,400,000 shares of the technology company’s stock valued at $207,548,000 after purchasing an additional 900,000 shares during the last quarter. Barclays PLC lifted its holdings in shares of The Liberty SiriusXM Group by 60.5% during the 3rd quarter. Barclays PLC now owns 185,167 shares of the technology company’s stock valued at $8,734,000 after acquiring an additional 69,822 shares in the last quarter. Ensign Peak Advisors Inc lifted its holdings in shares of The Liberty SiriusXM Group by 452.8% during the 3rd quarter. Ensign Peak Advisors Inc now owns 36,870 shares of the technology company’s stock valued at $1,739,000 after acquiring an additional 30,200 shares in the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of The Liberty SiriusXM Group by 5.4% during the 3rd quarter. Advisor Group Holdings Inc. now owns 4,002 shares of the technology company’s stock valued at $188,000 after acquiring an additional 204 shares in the last quarter. Finally, Amia Capital LLP lifted its holdings in shares of The Liberty SiriusXM Group by 43.9% during the 3rd quarter. Amia Capital LLP now owns 629,802 shares of the technology company’s stock valued at $29,708,000 after acquiring an additional 192,046 shares in the last quarter. Institutional investors own 28.89% of the company’s stock.

The Liberty SiriusXM Group Company Profile (Get Rating)

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment.

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Analyst Recommendations for The Liberty SiriusXM Group (NASDAQ:LSXMA)

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