First Eagle Investment Management LLC decreased its stake in Liberty Sirius XM Group (NASDAQ:LSXMA) by 12.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,464 shares of the company’s stock after selling 15,140 shares during the period. First Eagle Investment Management LLC’s holdings in Liberty Sirius XM Group were worth $3,516,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in LSXMA. Private Capital Advisors Inc. purchased a new position in Liberty Sirius XM Group during the second quarter valued at about $952,000. IBM Retirement Fund purchased a new position in Liberty Sirius XM Group during the second quarter valued at about $652,000. Manchester Capital Management LLC purchased a new position in Liberty Sirius XM Group during the second quarter valued at about $102,000. Selz Capital LLC purchased a new position in Liberty Sirius XM Group during the second quarter valued at about $2,352,000. Finally, Palladium Partners LLC purchased a new position in Liberty Sirius XM Group during the second quarter valued at about $269,000.

Institutional Ownership by Quarter for Liberty Sirius XM Group (NASDAQ:LSXMA)

Shares of Liberty Sirius XM Group (NASDAQ:LSXMA) traded up 0.17% during trading on Wednesday, hitting $36.30. 806,506 shares of the stock were exchanged. Liberty Sirius XM Group has a one year low of $28.00 and a one year high of $36.88. The stock’s 50 day moving average price is $34.07 and its 200 day moving average price is $33.19. The stock’s market cap is $12.16 billion.

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Several research firms recently issued reports on LSXMA. Zacks Investment Research upgraded shares of Liberty Sirius XM Group from a “sell” rating to a “hold” rating in a research note on Saturday. FBN Securities upgraded shares of Liberty Sirius XM Group from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 16th. Deutsche Bank AG cut shares of Liberty Sirius XM Group from a “buy” rating to a “hold” rating and upped their price objective for the stock from $37.00 to $39.00 in a research report on Wednesday, November 16th. They noted that the move was a valuation call. Macquarie upgraded shares of Liberty Sirius XM Group from a “neutral” rating to an “outperform” rating and set a $41.00 price objective for the company in a research report on Monday, November 14th. Finally, Pivotal Research upped their price objective on shares of Liberty Sirius XM Group from $44.00 to $48.00 and gave the stock a “buy” rating in a research report on Friday, September 30th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Liberty Sirius XM Group currently has an average rating of “Buy” and an average target price of $41.32.

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).

5 Day Chart for NASDAQ:LSXMA

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