Illinois Municipal Retirement Fund Has $2.79 Million Stock Holdings in The Liberty SiriusXM Group (NASDAQ:LSXMA)

Illinois Municipal Retirement Fund increased its stake in The Liberty SiriusXM Group (NASDAQ:LSXMA) by 24.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,020 shares of the technology company’s stock after buying an additional 19,018 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in The Liberty SiriusXM Group were worth $2,788,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LSXMA. Equitable Trust Co. boosted its holdings in shares of The Liberty SiriusXM Group by 7.2% during the 4th quarter. Equitable Trust Co. now owns 16,517 shares of the technology company’s stock worth $475,000 after buying an additional 1,105 shares during the period. DAVENPORT & Co LLC lifted its position in The Liberty SiriusXM Group by 1.6% during the third quarter. DAVENPORT & Co LLC now owns 71,865 shares of the technology company’s stock worth $1,829,000 after purchasing an additional 1,115 shares during the period. swisspartners Advisors Ltd grew its stake in The Liberty SiriusXM Group by 0.9% during the third quarter. swisspartners Advisors Ltd now owns 161,770 shares of the technology company’s stock worth $3,769,000 after buying an additional 1,480 shares in the last quarter. Hsbc Holdings PLC increased its holdings in The Liberty SiriusXM Group by 14.8% in the 3rd quarter. Hsbc Holdings PLC now owns 14,318 shares of the technology company’s stock valued at $364,000 after buying an additional 1,845 shares during the period. Finally, Simplex Trading LLC raised its position in shares of The Liberty SiriusXM Group by 4.8% in the 3rd quarter. Simplex Trading LLC now owns 41,614 shares of the technology company’s stock valued at $1,059,000 after buying an additional 1,901 shares in the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of The Liberty SiriusXM Group from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $35.00 to $28.00 in a research report on Wednesday.

Insider Buying and Selling at The Liberty SiriusXM Group

In other news, major shareholder Berkshire Hathaway Inc purchased 495,739 shares of the business’s stock in a transaction dated Tuesday, January 30th. The shares were purchased at an average cost of $30.12 per share, with a total value of $14,931,658.68. Following the completion of the purchase, the insider now owns 47,967,158 shares of the company’s stock, valued at approximately $1,444,770,798.96. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have purchased 6,474,739 shares of company stock worth $183,064,288 over the last quarter. Corporate insiders own 12.47% of the company’s stock.

The Liberty SiriusXM Group Stock Down 0.6 %

NASDAQ:LSXMA opened at $25.23 on Thursday. The Liberty SiriusXM Group has a twelve month low of $22.01 and a twelve month high of $31.69. The stock’s 50-day simple moving average is $28.33 and its 200 day simple moving average is $28.00.

The Liberty SiriusXM Group (NASDAQ:LSXMA) last posted its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter. The company had revenue of $2.29 billion during the quarter. As a group, sell-side analysts predict that The Liberty SiriusXM Group will post 1.41 EPS for the current year.

The Liberty SiriusXM Group Company Profile

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States, the United Kingdom, and internationally. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through SXM App for mobile and home devices, and other consumer electronic equipment.