Sirius XM Holdings Inc. (NASDAQ:SIRI) has received a consensus recommendation of “Buy” from the twenty ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, ten have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $6.01.

A number of research analysts have recently commented on SIRI shares. KeyCorp restated a “hold” rating on shares of Sirius XM Holdings in a research note on Friday, August 25th. Zacks Investment Research cut Sirius XM Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, September 19th. Gabelli raised their target price on Sirius XM Holdings from $4.75 to $6.10 and gave the company a “buy” rating in a research note on Thursday, October 26th. Piper Jaffray Companies set a $7.00 target price on Sirius XM Holdings and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, Bank of America Corporation set a $7.00 target price on Sirius XM Holdings and gave the company a “buy” rating in a research note on Thursday, October 12th.

A number of hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new position in Sirius XM Holdings during the 3rd quarter valued at approximately $330,000. California Public Employees Retirement System increased its position in Sirius XM Holdings by 9.6% during the 3rd quarter. California Public Employees Retirement System now owns 4,167,432 shares of the company’s stock valued at $23,004,000 after buying an additional 365,532 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Sirius XM Holdings by 19.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 71,241 shares of the company’s stock valued at $393,000 after buying an additional 11,726 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in Sirius XM Holdings by 6.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 178,472 shares of the company’s stock valued at $987,000 after buying an additional 11,077 shares in the last quarter. Finally, Kalos Management Inc. bought a new position in Sirius XM Holdings during the 3rd quarter valued at approximately $114,000. 20.28% of the stock is owned by institutional investors.

Sirius XM Holdings (NASDAQ SIRI) remained flat at $$5.44 on Friday. 7,844,231 shares of the company traded hands, compared to its average volume of 21,639,559. The company has a market cap of $25,001.26, a PE ratio of 30.22, a PEG ratio of 1.74 and a beta of 1.13. The company has a current ratio of 0.19, a quick ratio of 0.18 and a debt-to-equity ratio of -6.41. Sirius XM Holdings has a 1 year low of $4.22 and a 1 year high of $5.89.

Sirius XM Holdings (NASDAQ:SIRI) last released its earnings results on Wednesday, October 25th. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Sirius XM Holdings had a negative return on equity of 93.51% and a net margin of 16.71%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 EPS. equities analysts expect that Sirius XM Holdings will post 0.19 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be given a dividend of $0.011 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, November 8th. This is a positive change from Sirius XM Holdings’s previous quarterly dividend of $0.01. Sirius XM Holdings’s dividend payout ratio (DPR) is 22.22%.

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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.

Analyst Recommendations for Sirius XM Holdings (NASDAQ:SIRI)

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