Oxford Asset Management LLP Raises Stock Holdings in Sirius XM Holdings Inc. (NASDAQ:SIRI)

Oxford Asset Management LLP raised its position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) by 73.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,007 shares of the company's stock after purchasing an additional 11,877 shares during the quarter. Oxford Asset Management LLP's holdings in Sirius XM were worth $639,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Xponance Inc. grew its stake in Sirius XM by 4.5% during the 4th quarter. Xponance Inc. now owns 12,341 shares of the company's stock valued at $281,000 after purchasing an additional 527 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Sirius XM by 4.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 14,856 shares of the company's stock valued at $339,000 after buying an additional 630 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of Sirius XM by 4.3% in the 4th quarter. Wealthspire Advisors LLC now owns 15,686 shares of the company's stock valued at $358,000 after buying an additional 643 shares during the period. Proficio Capital Partners LLC raised its holdings in Sirius XM by 5.9% in the 4th quarter. Proficio Capital Partners LLC now owns 14,258 shares of the company's stock worth $325,000 after purchasing an additional 791 shares during the period. Finally, Mill Creek Capital Advisors LLC raised its holdings in Sirius XM by 5.8% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 15,273 shares of the company's stock worth $348,000 after purchasing an additional 837 shares during the period. Hedge funds and other institutional investors own 10.69% of the company's stock.

Sirius XM Price Performance

Shares of SIRI stock traded up $0.10 during trading hours on Monday, reaching $21.77. The company had a trading volume of 2,302,645 shares, compared to its average volume of 4,984,167. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 0.42. The stock has a fifty day moving average of $22.32 and a 200-day moving average of $23.99. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of -3.40, a PEG ratio of 0.79 and a beta of 0.98. Sirius XM Holdings Inc. has a 12-month low of $18.69 and a 12-month high of $41.60.

Sirius XM (NASDAQ:SIRI - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, equities analysts anticipate that Sirius XM Holdings Inc. will post 3.2 earnings per share for the current year.

Sirius XM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 9th will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.08 annualized dividend and a yield of 4.96%. Sirius XM's payout ratio is -16.85%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on SIRI shares. Guggenheim reduced their price target on Sirius XM from $30.00 to $29.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. Seaport Res Ptn raised Sirius XM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Rosenblatt Securities reduced their price target on Sirius XM from $29.00 to $24.00 and set a "neutral" rating for the company in a report on Monday, February 3rd. Barrington Research set a $28.00 price target on Sirius XM in a report on Friday, January 31st. Finally, Morgan Stanley reduced their price target on Sirius XM from $23.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, January 23rd. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $26.81.

Sirius XM Profile

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.