Doma Perpetual Capital Management LLC boosted its position in Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,221,898 shares of the company's stock after purchasing an additional 63,500 shares during the period. Sirius XM comprises approximately 13.9% of Doma Perpetual Capital Management LLC's holdings, making the stock its 3rd largest position. Doma Perpetual Capital Management LLC owned about 0.36% of Sirius XM worth $27,859,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of Sirius XM by 4.1% in the fourth quarter. Geode Capital Management LLC now owns 3,914,785 shares of the company's stock valued at $89,284,000 after purchasing an additional 154,765 shares during the period. Seizert Capital Partners LLC increased its holdings in Sirius XM by 16.3% in the fourth quarter. Seizert Capital Partners LLC now owns 2,269,616 shares of the company's stock valued at $51,747,000 after buying an additional 317,289 shares in the last quarter. LSV Asset Management acquired a new stake in shares of Sirius XM during the 4th quarter valued at approximately $51,535,000. Brandywine Global Investment Management LLC boosted its stake in shares of Sirius XM by 7.3% during the 4th quarter. Brandywine Global Investment Management LLC now owns 2,218,017 shares of the company's stock worth $50,571,000 after acquiring an additional 150,744 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its holdings in shares of Sirius XM by 43.3% in the 4th quarter. Epoch Investment Partners Inc. now owns 2,068,251 shares of the company's stock worth $47,156,000 after acquiring an additional 625,044 shares during the period. Hedge funds and other institutional investors own 10.69% of the company's stock.
Sirius XM Trading Up 1.5 %
SIRI traded up $0.31 during trading on Friday, hitting $21.67. The company's stock had a trading volume of 3,018,415 shares, compared to its average volume of 4,987,439. Sirius XM Holdings Inc. has a twelve month low of $18.69 and a twelve month high of $41.60. The stock has a market cap of $7.34 billion, a PE ratio of -3.38, a PEG ratio of 0.79 and a beta of 0.98. The firm's 50 day moving average price is $22.49 and its 200-day moving average price is $24.03. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.42 and a quick ratio of 0.42.
Sirius XM (NASDAQ:SIRI - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.63 by $0.20. Sirius XM had a positive return on equity of 13.44% and a negative net margin of 24.03%. On average, analysts expect that Sirius XM Holdings Inc. will post 3.2 earnings per share for the current year.
Sirius XM Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Friday, May 9th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 4.98%. The ex-dividend date is Friday, May 9th. Sirius XM's dividend payout ratio is presently -16.85%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on SIRI shares. Seaport Res Ptn raised Sirius XM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Guggenheim cut their price target on Sirius XM from $30.00 to $29.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Rosenblatt Securities decreased their price objective on shares of Sirius XM from $29.00 to $24.00 and set a "neutral" rating on the stock in a research report on Monday, February 3rd. Morgan Stanley dropped their target price on shares of Sirius XM from $23.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, January 23rd. Finally, Barrington Research set a $28.00 price target on shares of Sirius XM in a report on Friday, January 31st. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $26.81.
Get Our Latest Stock Report on Sirius XM
Sirius XM Company Profile
(
Free Report)
Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.
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