20,102 Shares in Sirius XM Holdings Inc. $SIRI Acquired by Leonteq Securities AG

Leonteq Securities AG purchased a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,102 shares of the company’s stock, valued at approximately $402,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SIRI. Brighton Jones LLC bought a new stake in shares of Sirius XM during the 4th quarter worth approximately $622,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Sirius XM by 11.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 925,313 shares of the company’s stock worth $20,861,000 after acquiring an additional 92,111 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Sirius XM by 5.2% during the 1st quarter. Focus Partners Wealth now owns 16,273 shares of the company’s stock worth $367,000 after acquiring an additional 800 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Sirius XM by 36.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock worth $41,000 after acquiring an additional 493 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of Sirius XM during the 2nd quarter worth approximately $208,000. 10.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

SIRI has been the subject of a number of research analyst reports. Guggenheim reissued a “buy” rating and set a $34.00 price target (up from $29.00) on shares of Sirius XM in a research note on Friday, April 24th. Citigroup reissued a “sell” rating and set a $22.00 price target (up from $19.00) on shares of Sirius XM in a research note on Monday, May 4th. Weiss Ratings raised Sirius XM from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Barrington Research raised their price target on Sirius XM from $28.00 to $32.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Rosenblatt Securities reduced their price objective on Sirius XM from $46.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.45.

Sirius XM Trading Down 0.3%

SIRI opened at $28.89 on Friday. The stock’s fifty day moving average is $24.88 and its two-hundred day moving average is $22.48. The company has a market capitalization of $9.72 billion, a P/E ratio of 12.19, a PEG ratio of 0.62 and a beta of 0.94. Sirius XM Holdings Inc. has a 52 week low of $19.76 and a 52 week high of $29.60. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.83.

Sirius XM (NASDAQ:SIRI) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.07 billion. Sirius XM had a return on equity of 9.19% and a net margin of 9.86%.Sirius XM’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the business posted $0.59 EPS. Analysts forecast that Sirius XM Holdings Inc. will post 3.1 earnings per share for the current year.

Sirius XM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Monday, May 11th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, May 11th. Sirius XM’s dividend payout ratio (DPR) is presently 45.57%.

About Sirius XM

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.