Liberty Sirius XM Group (NASDAQ:LSXMK) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “The Liberty SiriusXM Group provides satellite radio services consists of commercial-free music, sports, news, talk, entertainment, traffic and weather. The Liberty SiriusXM Group is based in United States. “

Liberty Sirius XM Group (NASDAQ:LSXMK) opened at 36.02 on Thursday. Liberty Sirius XM Group has a 12-month low of $28.04 and a 12-month high of $36.12. The stock’s market capitalization is $12.07 billion. The firm has a 50-day moving average of $33.27 and a 200-day moving average of $32.58.

A hedge fund recently raised its stake in Liberty Sirius XM Group stock. D.A. Davidson & CO. boosted its position in Liberty Sirius XM Group (NASDAQ:LSXMK) by 9.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,822 shares of the company’s stock after buying an additional 2,006 shares during the period. D.A. Davidson & CO.’s holdings in Liberty Sirius XM Group were worth $794,000 at the end of the most recent reporting period.

About Liberty Sirius XM Group

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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