The Liberty SiriusXM Group (NASDAQ:LSXMK) Shares Purchased by AQR Capital Management LLC

AQR Capital Management LLC boosted its stake in The Liberty SiriusXM Group (NASDAQ:LSXMK) by 104.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,517,211 shares of the technology company’s stock after buying an additional 774,684 shares during the period. AQR Capital Management LLC’s holdings in The Liberty SiriusXM Group were worth $33,318,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LSXMK. Mather Group LLC. increased its position in The Liberty SiriusXM Group by 100.5% in the second quarter. Mather Group LLC. now owns 1,674 shares of the technology company’s stock worth $37,000 after buying an additional 839 shares during the period. Quest Partners LLC acquired a new position in shares of The Liberty SiriusXM Group during the second quarter valued at $42,000. Motco increased its holdings in shares of The Liberty SiriusXM Group by 172,300.0% during the first quarter. Motco now owns 1,724 shares of the technology company’s stock valued at $51,000 after purchasing an additional 1,723 shares during the period. UniSuper Management Pty Ltd increased its holdings in shares of The Liberty SiriusXM Group by 91.7% during the first quarter. UniSuper Management Pty Ltd now owns 2,300 shares of the technology company’s stock valued at $68,000 after purchasing an additional 1,100 shares during the period. Finally, TFO Wealth Partners LLC increased its holdings in shares of The Liberty SiriusXM Group by 43,283.3% during the fourth quarter. TFO Wealth Partners LLC now owns 2,603 shares of the technology company’s stock valued at $75,000 after purchasing an additional 2,597 shares during the period. 56.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LSXMK. StockNews.com began coverage on The Liberty SiriusXM Group in a report on Friday. They set a “sell” rating on the stock. Rosenblatt Securities lowered their price target on The Liberty SiriusXM Group from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, August 14th.

The Liberty SiriusXM Group Stock Performance

Shares of LSXMK opened at $22.29 on Monday. The stock’s fifty day moving average is $22.42 and its 200-day moving average is $23.69. The Liberty SiriusXM Group has a one year low of $20.05 and a one year high of $31.67. The firm has a market capitalization of $7.28 billion and a price-to-earnings ratio of 9.17.

The Liberty SiriusXM Group (NASDAQ:LSXMK) last announced its earnings results on Thursday, August 8th. The technology company reported $0.60 earnings per share for the quarter. The firm had revenue of $2.18 billion for the quarter.

The Liberty SiriusXM Group Company 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.