Thompson Siegel & Walmsley LLC Acquires 135,472 Shares of The Liberty SiriusXM Group (NASDAQ:LSXMK)

Thompson Siegel & Walmsley LLC raised its position in The Liberty SiriusXM Group (NASDAQ:LSXMK - Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,205,655 shares of the technology company's stock after acquiring an additional 135,472 shares during the quarter. The Liberty SiriusXM Group accounts for about 1.5% of Thompson Siegel & Walmsley LLC's investment portfolio, making the stock its 11th largest holding. Thompson Siegel & Walmsley LLC owned approximately 0.98% of The Liberty SiriusXM Group worth $92,259,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Principal Securities Inc. bought a new position in The Liberty SiriusXM Group during the fourth quarter worth $66,000. Signaturefd LLC lifted its stake in The Liberty SiriusXM Group by 52.9% during the third quarter. Signaturefd LLC now owns 3,326 shares of the technology company's stock worth $85,000 after purchasing an additional 1,151 shares during the last quarter. Headlands Technologies LLC lifted its stake in The Liberty SiriusXM Group by 615.9% during the fourth quarter. Headlands Technologies LLC now owns 3,379 shares of the technology company's stock worth $97,000 after purchasing an additional 2,907 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in The Liberty SiriusXM Group during the third quarter worth $178,000. Finally, CI Investments Inc. lifted its stake in The Liberty SiriusXM Group by 3,206.0% during the third quarter. CI Investments Inc. now owns 7,108 shares of the technology company's stock worth $181,000 after purchasing an additional 6,893 shares during the last quarter. Institutional investors and hedge funds own 56.58% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LSXMK shares. Seaport Res Ptn upgraded The Liberty SiriusXM Group from a "neutral" rating to a "buy" rating in a research note on Monday, April 29th. StockNews.com upgraded The Liberty SiriusXM Group from a "sell" rating to a "hold" rating in a research note on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.00.

Insider Activity

In other The Liberty SiriusXM Group news, major shareholder Berkshire Hathaway Inc bought 234,194 shares of the business's stock in a transaction that occurred on Monday, March 4th. The stock was acquired at an average cost of $28.77 per share, with a total value of $6,737,761.38. Following the completion of the purchase, the insider now directly owns 48,733,666 shares in the company, valued at $1,402,067,570.82. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have acquired 6,457,501 shares of company stock valued at $179,148,132. Company insiders own 12.47% of the company's stock.

The Liberty SiriusXM Group Stock Down 1.1 %

LSXMK stock traded down $0.27 during mid-day trading on Friday, reaching $24.69. The company had a trading volume of 984,261 shares, compared to its average volume of 1,921,576. The stock has a market capitalization of $8.06 billion and a P/E ratio of 10.16. The Liberty SiriusXM Group has a one year low of $22.24 and a one year high of $31.67. The stock's 50-day simple moving average is $27.08 and its two-hundred day simple moving average is $27.90.

The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) last posted its earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The company had revenue of $2.29 billion during the quarter. On average, research analysts forecast that The Liberty SiriusXM Group will post 3.52 EPS for the current fiscal year.

The Liberty SiriusXM Group 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.