23,802 Shares in Sirius XM Holdings Inc. $SIRI Bought by Capital CS Group LLC

Capital CS Group LLC bought a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 23,802 shares of the company’s stock, valued at approximately $476,000. Sirius XM accounts for 0.7% of Capital CS Group LLC’s holdings, making the stock its 23rd biggest holding.

A number of other institutional investors have also recently made changes to their positions in SIRI. Berkshire Hathaway Inc raised its position in shares of Sirius XM by 4.2% during the third quarter. Berkshire Hathaway Inc now owns 124,807,117 shares of the company’s stock worth $2,904,886,000 after acquiring an additional 5,030,425 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Sirius XM by 165.2% in the second quarter. AQR Capital Management LLC now owns 5,191,440 shares of the company’s stock valued at $117,327,000 after acquiring an additional 3,233,922 shares during the last quarter. Norges Bank bought a new stake in Sirius XM in the second quarter valued at approximately $43,152,000. Two Sigma Investments LP increased its position in Sirius XM by 270.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,933,521 shares of the company’s stock valued at $45,003,000 after purchasing an additional 1,410,963 shares during the period. Finally, Check Capital Management Inc. CA increased its position in Sirius XM by 76.7% during the 3rd quarter. Check Capital Management Inc. CA now owns 2,061,843 shares of the company’s stock valued at $47,989,000 after purchasing an additional 895,247 shares during the period. Institutional investors own 10.69% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Moffett Nathanson initiated coverage on shares of Sirius XM in a research report on Tuesday, January 27th. They issued a “neutral” rating and a $21.00 price target on the stock. JPMorgan Chase & Co. upgraded shares of Sirius XM from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $20.00 to $24.00 in a research report on Tuesday, February 10th. Rosenblatt Securities lifted their target price on shares of Sirius XM from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Barrington Research restated an “outperform” rating and issued a $28.00 target price on shares of Sirius XM in a report on Thursday, February 5th. Finally, Weiss Ratings cut shares of Sirius XM from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $24.44.

Sirius XM Stock Down 1.8%

Sirius XM stock opened at $21.99 on Monday. The company has a market capitalization of $7.36 billion, a PE ratio of 9.82, a PEG ratio of 0.38 and a beta of 0.92. Sirius XM Holdings Inc. has a 12-month low of $18.69 and a 12-month high of $24.92. The firm’s fifty day moving average is $21.32 and its 200 day moving average is $21.64. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.75.

Sirius XM Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 11th were issued a dividend of $0.27 per share. The ex-dividend date was Wednesday, February 11th. This represents a $1.08 annualized dividend and a dividend yield of 4.9%. Sirius XM’s dividend payout ratio is currently 48.21%.

Sirius XM Profile

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.