The Liberty SiriusXM Group (NASDAQ:LSXMK) Score Lowered to Promote at StockNews.com

The Liberty SiriusXM Group (NASDAQ:LSXMK) Score Lowered to Promote at StockNews.com

The Liberty SiriusXM Group (NASDAQ:LSXMKGet Score) was downgraded by funding analysts at StockNews.com from a “maintain” score to a “promote” score in a report issued on Monday.

Individually, Morgan Stanley decreased their value goal on shares of The Liberty SiriusXM Group from $50.00 to $47.00 and set an “equal weight” score on the inventory in a report on Friday, August nineteenth. One analyst has rated the inventory with a promote score, one has issued a maintain score and two have issued a purchase score to the corporate. In accordance with MarketBeat, the corporate presently has a median score of “Maintain” and a median value goal of $69.67.

The Liberty SiriusXM Group Buying and selling Down 0.0 %

Shares of NASDAQ:LSXMK traded down $0.01 throughout mid-day buying and selling on Monday, reaching $41.19. The corporate had a buying and selling quantity of 25,761 shares, in comparison with its common quantity of 934,798. The agency has a market cap of $9.01 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.28 and a beta of 1.11. The corporate’s 50-day shifting common value is $39.68 and its 200-day shifting common value is $42.18. The Liberty SiriusXM Group has a one 12 months low of $34.34 and a one 12 months excessive of $56.19.

The Liberty SiriusXM Group (NASDAQ:LSXMKGet Score) final issued its earnings outcomes on Friday, August fifth. The expertise firm reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.38. The enterprise had income of $2.25 billion for the quarter, in comparison with the consensus estimate of $2.28 billion. On common, analysis analysts anticipate that The Liberty SiriusXM Group will submit 3.74 EPS for the present fiscal 12 months.

Insider Shopping for and Promoting at The Liberty SiriusXM Group

In different The Liberty SiriusXM Group information, main shareholder Gamco Traders, Inc. Et Al bought 1,000 shares of the enterprise’s inventory in a transaction on Tuesday, August twenty third. The inventory was acquired at a median value of $28.94 per share, for a complete transaction of $28,940.00. Following the completion of the transaction, the insider now instantly owns 1,000 shares within the firm, valued at roughly $28,940. The transaction was disclosed in a authorized submitting with the SEC, which is accessible via this hyperlink. Insiders acquired a complete of 4,600 shares of firm inventory value $123,976 over the past three months.

Institutional Buying and selling of The Liberty SiriusXM Group

Quite a few institutional traders have lately modified their holdings of the corporate. Parallel Advisors LLC boosted its holdings in shares of The Liberty SiriusXM Group by 29.0% through the first quarter. Parallel Advisors LLC now owns 1,254 shares of the expertise firm’s inventory value $58,000 after buying an extra 282 shares through the interval. State of Alaska Division of Income boosted its holdings in shares of The Liberty SiriusXM Group by 2.5% through the first quarter. State of Alaska Division of Income now owns 12,857 shares of the expertise firm’s inventory value $587,000 after buying an extra 317 shares through the interval. Cetera Funding Advisers boosted its holdings in shares of The Liberty SiriusXM Group by 4.8% through the second quarter. Cetera Funding Advisers now owns 7,174 shares of the expertise firm’s inventory value $259,000 after buying an extra 329 shares through the interval. Weik Capital Administration boosted its holdings in shares of The Liberty SiriusXM Group by 0.7% through the fourth quarter. Weik Capital Administration now owns 47,966 shares of the expertise firm’s inventory value $2,439,000 after buying an extra 356 shares through the interval. Lastly, Brown Advisory Inc. raised its stake in The Liberty SiriusXM Group by 0.6% within the first quarter. Brown Advisory Inc. now owns 66,388 shares of the expertise firm’s inventory value $3,057,000 after shopping for an extra 371 shares within the final quarter. 82.96% of the inventory is presently owned by hedge funds and different institutional traders.

The Liberty SiriusXM Group Firm Profile

(Get Score)

The Liberty SiriusXM Group, via its subsidiaries, engages within the leisure enterprise in america and Canada. It options music, sports activities, leisure, comedy, speak, information, visitors, climate channels, podcast, and infotainment companies via proprietary satellite tv for pc radio methods, in addition to streamed via functions for cell and residential units, and different shopper digital gear.

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This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to [email protected].

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