Liberty Group SiriusXM (NASDAQ:LSXMA) Receives Average “Moderate Buy” Recommendation From Analysts

Shares of The Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) have been assigned a consensus rating of “moderate buy” by the seven ratings companies that cover the company, reports MarketBeat Ratings. One investment analyst gave the stock a hold rating and two gave the company a buy rating. The 12-month average target price among brokers who have issued ratings on the stock over the past year is $61.33.

Several research companies have recently published reports on LSXMA. Barclays raised its price target on The Liberty SiriusXM Group from $58.00 to $61.00 and gave the stock an “overweight” rating in a Monday August 8 report. Credit Suisse Group lowered its price target on The Liberty SiriusXM Group from $64.00 to $52.00 and set an “outperform” rating on the stock in a Monday, August 8 research report. Pivotal Research lowered its price target on The Liberty SiriusXM Group from $66.00 to $64.00 in a Monday, August 8 research report. Finally, Citigroup raised its price target on The Liberty SiriusXM Group from $53.00 to $59.00 in a Wednesday, July 20 research report.

Liberty SiriusXM Group Stock Performance

LSXMA opened at $42.57 on Monday. Liberty SiriusXM Group has a 52-week low of $34.40 and a 52-week high of $56.26. The company has a market capitalization of $13.91 billion, a PE ratio of 14.78 and a beta of 1.11. The company has a debt ratio of 0.92, a quick ratio of 0.88 and a current ratio of 0.88. The company’s 50-day simple moving average is $40.48 and its 200-day simple moving average is $41.62.

Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) last reported results on Friday, August 5. The technology company reported earnings per share (EPS) of $1.24 for the quarter. Liberty SiriusXM Group posted a return on equity of 5.49% and a net margin of 11.30%. The company posted revenue of $2.25 billion for the quarter.

Insider activity

In related news, major shareholder Gamco Investors, Inc. Et Al acquired 1,000 shares in a transaction that took place on Tuesday, August 23. The shares were purchased at an average price of $28.94 per share, for a total transaction of $28,940.00. Following the completion of the transaction, the insider now directly owns 1,000 shares of the company, valued at $28,940. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. Insiders purchased a total of 4,600 shares of the company worth $123,976 in the past 90 days. 4.02% of the shares are currently held by insiders.

Institutional entries and exits

Several institutional investors have recently increased or reduced their stake in the company. CWM LLC increased its stake in shares of The Liberty SiriusXM Group by 43.5% in the first quarter. CWM LLC now owns 983 shares of the technology company worth $45,000 after buying 298 additional shares in the last quarter. Captrust Financial Advisors increased its stake in shares of The Liberty SiriusXM Group by 4.7% in the second quarter. Captrust Financial Advisors now owns 9,775 shares of the technology company worth $352,000 after buying 439 additional shares in the last quarter. Oak Family Advisors LLC increased its stake in shares of The Liberty SiriusXM Group by 3.2% in the first quarter. Oak Family Advisors LLC now owns 15,440 shares of the technology company worth $706,000 after buying 476 additional shares in the last quarter. Roundview Capital LLC increased its stake in shares of The Liberty SiriusXM Group by 2.6% in the second quarter. Roundview Capital LLC now owns 19,833 shares of the tech company worth $715,000 after buying an additional 500 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in shares of The Liberty SiriusXM Group by 2.2% in the first quarter. Arizona State Retirement System now owns 23,051 shares of the technology company worth $1,054,000 after buying 504 additional shares in the last quarter. 28.05% of the shares are currently held by institutional investors.

Liberty SiriusXM Group Company Profile

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Liberty SiriusXM Group, through its subsidiaries, is engaged in the entertainment business in the United States and Canada. It offers music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcasts and infotainment services through proprietary satellite radio systems, as well as through applications for mobile and home devices, and other consumer electronic equipment.

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