Tokio Marine Asset Management Co. Ltd. Invests $218,000 in The Liberty SiriusXM Group (NASDAQ:LSXMK)

Tokio Marine Asset Management Co. Ltd. purchased a new position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,559 shares of the technology company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LSXMK. DAVENPORT & Co LLC increased its holdings in shares of The Liberty SiriusXM Group by 7.0% during the 3rd quarter. DAVENPORT & Co LLC now owns 25,968 shares of the technology company’s stock worth $661,000 after buying an additional 1,700 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in The Liberty SiriusXM Group by 22.4% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 149,724 shares of the technology company’s stock valued at $3,812,000 after purchasing an additional 27,400 shares during the last quarter. New South Capital Management Inc. increased its holdings in The Liberty SiriusXM Group by 95.4% in the 3rd quarter. New South Capital Management Inc. now owns 951,834 shares of the technology company’s stock valued at $24,234,000 after purchasing an additional 464,735 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in The Liberty SiriusXM Group by 3.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 719,709 shares of the technology company’s stock valued at $18,324,000 after purchasing an additional 21,150 shares during the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new stake in The Liberty SiriusXM Group in the 3rd quarter valued at approximately $831,000. Institutional investors and hedge funds own 56.58% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of The Liberty SiriusXM Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 6th.

Insider Buying and Selling at The Liberty SiriusXM Group

In other The Liberty SiriusXM Group news, major shareholder Berkshire Hathaway Inc purchased 495,739 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was bought at an average price of $30.12 per share, with a total value of $14,931,658.68. Following the transaction, the insider now directly owns 47,967,158 shares of the company’s stock, valued at approximately $1,444,770,798.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired 6,817,430 shares of company stock valued at $191,540,285 in the last 90 days.

The Liberty SiriusXM Group Price Performance

Shares of LSXMK stock opened at $24.27 on Monday. The Liberty SiriusXM Group has a 52 week low of $22.24 and a 52 week high of $31.67. The firm has a 50 day moving average of $28.01 and a two-hundred day moving average of $27.96.

The Liberty SiriusXM Group (NASDAQ:LSXMK) last issued its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. The business had revenue of $2.29 billion during the quarter.

The Liberty SiriusXM Group Company Profile

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States, the United Kingdom, and internationally. 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 SXM App for mobile and home devices, and other consumer electronic equipment.