Levin Capital Strategies L.P. Sells 25,944 Shares of Liberty Sirius XM Group Series A (LSXMA)

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Levin Capital Strategies L.P. trimmed its holdings in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 46.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,313 shares of the technology company’s stock after selling 25,944 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Liberty Sirius XM Group Series A were worth $1,116,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. United Services Automobile Association raised its holdings in Liberty Sirius XM Group Series A by 34.4% in the 2nd quarter. United Services Automobile Association now owns 46,460 shares of the technology company’s stock valued at $2,093,000 after acquiring an additional 11,903 shares in the last quarter. New Jersey Better Educational Savings Trust bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter valued at about $391,000. PGGM Investments bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter valued at about $4,231,000. Supplemental Annuity Collective Trust of NJ bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter valued at about $782,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in shares of Liberty Sirius XM Group Series A in the 3rd quarter valued at about $17,376,000. Hedge funds and other institutional investors own 27.06% of the company’s stock.

In other news, CEO Gregory B. Maffei purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 4th. The shares were acquired at an average cost of $30.12 per share, with a total value of $301,200.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

LSXMA stock opened at $39.61 on Tuesday. Liberty Sirius XM Group Series A has a fifty-two week low of $34.92 and a fifty-two week high of $48.57. The company has a market cap of $13.09 billion, a P/E ratio of 11.97 and a beta of 1.21.

Several equities research analysts recently commented on the company. Zacks Investment Research upgraded Liberty Sirius XM Group Series A from a “sell” rating to a “hold” rating in a research report on Friday, February 1st. B. Riley restated a “buy” rating on shares of Liberty Sirius XM Group Series A in a research report on Thursday, November 15th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $59.13.

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About Liberty Sirius XM Group Series A

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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