The Liberty SiriusXM Group (NASDAQ:LSXMA) Given Consensus Rating of "Moderate Buy" by Brokerages

The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the three ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $37.67.

Separately, Citigroup cut The Liberty SiriusXM Group from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $35.00 to $28.00 in a research report on Wednesday.

Insider Activity at The Liberty SiriusXM Group

In other news, major shareholder Berkshire Hathaway Inc acquired 139,132 shares of the business's stock in a transaction on Thursday, January 25th. The stock was bought at an average cost of $30.99 per share, for a total transaction of $4,311,700.68. Following the purchase, the insider now owns 47,471,419 shares in the company, valued at $1,471,139,274.81. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders acquired a total of 6,613,871 shares of company stock worth $187,375,989 in the last 90 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LSXMA. Vanguard Group Inc. lifted its holdings in The Liberty SiriusXM Group by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 10,876,251 shares of the technology company's stock valued at $312,583,000 after acquiring an additional 131,699 shares during the last quarter. Aristeia Capital LLC lifted its holdings in The Liberty SiriusXM Group by 5.0% in the third quarter. Aristeia Capital LLC now owns 3,314,144 shares of the technology company's stock valued at $84,345,000 after acquiring an additional 157,677 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in The Liberty SiriusXM Group by 7.8% in the fourth quarter. Point72 Asset Management L.P. now owns 2,620,134 shares of the technology company's stock valued at $75,303,000 after acquiring an additional 190,608 shares during the last quarter. Cadian Capital Management LP lifted its holdings in The Liberty SiriusXM Group by 35.2% in the fourth quarter. Cadian Capital Management LP now owns 1,474,376 shares of the technology company's stock valued at $42,374,000 after acquiring an additional 384,000 shares during the last quarter. Finally, UBS Group AG lifted its holdings in The Liberty SiriusXM Group by 769.2% in the fourth quarter. UBS Group AG now owns 1,402,409 shares of the technology company's stock valued at $40,305,000 after acquiring an additional 1,241,057 shares during the last quarter. 28.72% of the stock is currently owned by institutional investors and hedge funds.

The Liberty SiriusXM Group Trading Down 0.6 %

LSXMA traded down $0.16 during trading on Wednesday, hitting $25.23. 1,187,636 shares of the stock were exchanged, compared to its average volume of 1,610,190. The firm has a 50 day simple moving average of $28.43 and a 200 day simple moving average of $28.01. The Liberty SiriusXM Group has a 1 year low of $22.01 and a 1 year high of $31.69.

The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter. The firm had revenue of $2.29 billion for the quarter. Analysts forecast that The Liberty SiriusXM Group will post 1.41 earnings per share for the current year.

About The Liberty SiriusXM Group

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.