Camelot Portfolios LLC Cuts Position in Sirius XM Holdings Inc. $SIRI

Camelot Portfolios LLC decreased its position in Sirius XM Holdings Inc. (NASDAQ:SIRI) by 24.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 70,282 shares of the company’s stock after selling 23,195 shares during the period. Sirius XM comprises approximately 0.9% of Camelot Portfolios LLC’s portfolio, making the stock its 25th biggest holding. Camelot Portfolios LLC’s holdings in Sirius XM were worth $1,405,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in Sirius XM in the third quarter valued at $42,000. Geneos Wealth Management Inc. grew its holdings in Sirius XM by 36.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock valued at $41,000 after purchasing an additional 493 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in Sirius XM in the third quarter valued at $44,000. Security National Bank acquired a new stake in Sirius XM in the third quarter valued at $47,000. Finally, GAMMA Investing LLC grew its holdings in Sirius XM by 441.1% in the third quarter. GAMMA Investing LLC now owns 2,078 shares of the company’s stock valued at $48,000 after purchasing an additional 1,694 shares during the last quarter. Institutional investors and hedge funds own 10.69% of the company’s stock.

Sirius XM News Summary

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: SiriusXM won an exclusive U.S. role selling YouTube audio ads — a new, likely material ad-sales channel that should boost revenue and advertiser access to podcasts and music audio inventory. SiriusXM to sell YouTube audio ads exclusively in the U.S.
• Positive Sentiment: The board declared a quarterly cash dividend of $0.27 per share (payable May 27), supporting income-focused investors and signaling continued cash returns to shareholders. SiriusXM Declares Quarterly Cash Dividend
• Positive Sentiment: An analyst upgrade (Rosenblatt to Buy with a $46 target) adds bullish momentum and could attract buy-side interest if other brokers follow. Benzinga
• Neutral Sentiment: Street previews expect earnings growth for the upcoming quarter, which sets up potential for an earnings beat but also raises short-term expectations. Sirius XM Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Industry regulatory scrutiny in Texas of music streaming/platform practices keeps licensing and ad-market dynamics in focus — indirect for SiriusXM but relevant for ad pricing and label relationships. Texas Announces Probe of Music Streaming Platforms
• Negative Sentiment: Bloomberg/Reuters reported iHeartMedia is in talks about a potential merger with SiriusXM — a development that creates deal speculation but also regulatory, integration and strategic uncertainty that likely weighed on the stock today. Investors often sell into takeover rumour volatility until terms and approvals are clearer. IHeartMedia holds merger talks with Sirius XM, Bloomberg News reports

Sirius XM Price Performance

SIRI opened at $26.61 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.75. The firm has a market cap of $8.96 billion, a P/E ratio of 11.88, a PEG ratio of 0.71 and a beta of 0.85. Sirius XM Holdings Inc. has a 52 week low of $19.41 and a 52 week high of $28.77. The business’s fifty day simple moving average is $23.03 and its 200 day simple moving average is $21.83.

Sirius XM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Monday, May 11th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.1%. Sirius XM’s dividend payout ratio (DPR) is presently 48.21%.

Wall Street Analysts Forecast Growth

SIRI has been the topic of several research reports. UBS Group set a $24.00 target price on Sirius XM in a report on Tuesday, February 10th. Rosenblatt Securities raised Sirius XM from a “neutral” rating to a “buy” rating and upped their target price for the company from $24.00 to $46.00 in a report on Thursday. Moffett Nathanson initiated coverage on Sirius XM in a report on Tuesday, January 27th. They issued a “neutral” rating and a $21.00 target price on the stock. Barrington Research reissued an “outperform” rating and issued a $28.00 target price on shares of Sirius XM in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised Sirius XM from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $20.00 to $24.00 in a research note on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.44.

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.