Loring Wolcott & Coolidge Fiduciary Advisors LLP MA held its stake in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,265 shares of the company’s stock at the end of the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Sirius XM Holdings were worth $125,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of SIRI. Janney Montgomery Scott LLC boosted its stake in shares of Sirius XM Holdings by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 71,552 shares of the company’s stock worth $368,000 after buying an additional 2,664 shares in the last quarter. UBS Group AG boosted its stake in shares of Sirius XM Holdings by 12.1% in the first quarter. UBS Group AG now owns 1,114,285 shares of the company’s stock worth $5,739,000 after buying an additional 119,915 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Sirius XM Holdings by 220.0% in the first quarter. Daiwa Securities Group Inc. now owns 164,500 shares of the company’s stock worth $847,000 after buying an additional 113,100 shares in the last quarter. Chevy Chase Trust Holdings Inc. boosted its stake in shares of Sirius XM Holdings by 14.5% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 4,545,321 shares of the company’s stock worth $24,863,000 after buying an additional 577,179 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Sirius XM Holdings during the first quarter worth $770,000. Hedge funds and other institutional investors own 20.42% of the company’s stock.

Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) opened at 5.63 on Wednesday. Sirius XM Holdings Inc. has a 52 week low of $4.05 and a 52 week high of $5.89. The firm has a market cap of $25.97 billion, a PE ratio of 33.12 and a beta of 1.11. The company has a 50 day moving average of $5.54 and a 200 day moving average of $5.22.

Sirius XM Holdings (NASDAQ:SIRI) last announced its quarterly earnings data on Thursday, July 27th. The company reported $0.04 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.04. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Sirius XM Holdings had a negative return on equity of 99.07% and a net margin of 15.47%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the company earned $0.04 earnings per share. On average, equities research analysts anticipate that Sirius XM Holdings Inc. will post $0.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 10th will be given a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $0.04 dividend on an annualized basis and a yield of 0.71%. Sirius XM Holdings’s payout ratio is 25.00%.

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A number of analysts recently weighed in on SIRI shares. Vetr upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $6.28 price target for the company in a research note on Tuesday, June 20th. KeyCorp restated a “hold” rating on shares of Sirius XM Holdings in a research note on Friday, August 25th. BidaskClub upgraded shares of Sirius XM Holdings from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 1st. Piper Jaffray Companies set a $7.00 target price on shares of Sirius XM Holdings and gave the stock a “buy” rating in a research note on Thursday, July 27th. Finally, Citigroup Inc. raised their target price on shares of Sirius XM Holdings from $5.50 to $6.65 and gave the stock a “buy” rating in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Sirius XM Holdings has an average rating of “Buy” and an average target price of $5.73.

Sirius XM Holdings Company Profile

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

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Institutional Ownership by Quarter for Sirius XM Holdings (NASDAQ:SIRI)

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