Hosking Partners LLP decreased its position in Liberty Sirius XM Group (NASDAQ:LSXMA) by 25.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 237,304 shares of the technology company’s stock after selling 82,741 shares during the period. Hosking Partners LLP owned about 0.07% of Liberty Sirius XM Group worth $9,962,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. MAI Capital Management lifted its stake in Liberty Sirius XM Group by 0.7% in the first quarter. MAI Capital Management now owns 9,181 shares of the technology company’s stock worth $357,000 after acquiring an additional 67 shares during the period. Sumitomo Mitsui Asset Management Company LTD lifted its stake in Liberty Sirius XM Group by 2.3% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 6,049 shares of the technology company’s stock worth $235,000 after acquiring an additional 135 shares during the period. Janney Montgomery Scott LLC lifted its stake in Liberty Sirius XM Group by 1.3% in the first quarter. Janney Montgomery Scott LLC now owns 13,546 shares of the technology company’s stock worth $527,000 after acquiring an additional 171 shares during the period. Waldron LP lifted its stake in Liberty Sirius XM Group by 0.7% in the first quarter. Waldron LP now owns 25,384 shares of the technology company’s stock worth $985,000 after acquiring an additional 172 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in Liberty Sirius XM Group by 3.7% in the first quarter. Envestnet Asset Management Inc. now owns 8,738 shares of the technology company’s stock worth $340,000 after acquiring an additional 315 shares during the period. Hedge funds and other institutional investors own 24.68% of the company’s stock.

A number of analysts recently commented on LSXMA shares. Deutsche Bank AG dropped their price target on Liberty Sirius XM Group from $43.00 to $42.00 and set a “hold” rating for the company in a research note on Friday, May 12th. Zacks Investment Research raised Liberty Sirius XM Group from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. FBR & Co reissued a “buy” rating and set a $53.00 price objective on shares of Liberty Sirius XM Group in a research report on Tuesday, May 30th. Citigroup Inc. reissued a “neutral” rating and set a $40.00 price objective (down previously from $43.00) on shares of Liberty Sirius XM Group in a research report on Monday, May 15th. Finally, Pivotal Research raised their price objective on Liberty Sirius XM Group from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Tuesday, August 15th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $45.67.

In other news, Chairman John C. Malone sold 64,000 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $32.80, for a total transaction of $2,099,200.00. Following the transaction, the chairman now owns 2,896,672 shares of the company’s stock, valued at approximately $95,010,841.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark D. Carleton sold 30,816 shares of the stock in a transaction on Monday, June 19th. The stock was sold at an average price of $40.16, for a total value of $1,237,570.56. Following the transaction, the chief financial officer now directly owns 127,446 shares in the company, valued at approximately $5,118,231.36. The disclosure for this sale can be found here. Insiders sold a total of 1,024,821 shares of company stock worth $41,819,013 in the last ninety days.

Liberty Sirius XM Group (NASDAQ LSXMA) opened at 44.53 on Monday. The stock has a market cap of $14.96 billion, a price-to-earnings ratio of 32.36 and a beta of 2.77. The firm’s 50-day moving average price is $43.47 and its 200 day moving average price is $40.46. Liberty Sirius XM Group has a 12 month low of $31.83 and a 12 month high of $46.43.

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About Liberty Sirius XM Group

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

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

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