Fuller & Thaler Asset Management Inc. Has $10.71 Million Holdings in Sirius XM Holdings Inc. (NASDAQ:SIRI)

Fuller & Thaler Asset Management Inc. increased its position in Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) by 27.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 469,863 shares of the company's stock after acquiring an additional 100,106 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.14% of Sirius XM worth $10,713,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in Sirius XM by 2.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 144,585 shares of the company's stock valued at $3,297,000 after purchasing an additional 3,211 shares during the period. Doma Perpetual Capital Management LLC grew its stake in shares of Sirius XM by 5.5% in the fourth quarter. Doma Perpetual Capital Management LLC now owns 1,221,898 shares of the company's stock worth $27,859,000 after acquiring an additional 63,500 shares during the last quarter. Stifel Financial Corp increased its position in Sirius XM by 63.4% during the fourth quarter. Stifel Financial Corp now owns 108,953 shares of the company's stock worth $2,484,000 after acquiring an additional 42,255 shares during the period. Tower Research Capital LLC TRC raised its stake in Sirius XM by 55.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the company's stock valued at $88,000 after purchasing an additional 1,371 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its holdings in Sirius XM by 371.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,608 shares of the company's stock valued at $128,000 after purchasing an additional 4,419 shares during the period. 10.69% of the stock is currently owned by institutional investors.

Sirius XM Trading Up 1.5 %

SIRI traded up $0.31 during mid-day trading on Friday, reaching $21.67. The stock had a trading volume of 3,018,415 shares, compared to its average volume of 4,994,934. The firm's fifty day simple moving average is $22.39 and its two-hundred day simple moving average is $24.02. The stock has a market capitalization of $7.34 billion, a P/E ratio of -3.38, a P/E/G ratio of 0.79 and a beta of 0.98. Sirius XM Holdings Inc. has a 52 week low of $18.69 and a 52 week high of $41.60. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.20. Sirius XM had a negative net margin of 24.03% and a positive return on equity of 13.44%. On average, equities analysts predict that Sirius XM Holdings Inc. will post 3.2 EPS for the current year.

Sirius XM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Friday, May 9th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.98%. Sirius XM's dividend payout ratio (DPR) is presently -16.85%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SIRI shares. Guggenheim reduced their target price on shares of Sirius XM from $30.00 to $29.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Barrington Research set a $28.00 price objective on Sirius XM in a research report on Friday, January 31st. Seaport Res Ptn upgraded Sirius XM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Morgan Stanley dropped their price objective on shares of Sirius XM from $23.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, January 23rd. Finally, Rosenblatt Securities cut their target price on Sirius XM from $29.00 to $24.00 and set a "neutral" rating for the company in a research report on Monday, February 3rd. Six 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $26.81.

About Sirius XM

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.