1 week Ago By ABMN Staff
Pictet Asset Management Holding SA lifted its holdings in shares of Sirius XM Holdings Inc. ( NASDAQ:SIRI – Free Report ) by 14.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The fund owned 34,035 shares of the company’s stock after buying an additional 4,225 shares during the period. Pictet Asset Management Holding SA’s holdings in Sirius XM were worth $776,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of the business.
Union Bancaire Privee UBP SA acquired a new stake in shares of Sirius XM during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. bought a new position in Sirius XM during the 4th quarter worth $30,000.
Geneos Wealth Management Inc. increased its position in Sirius XM by 574.9% in the fourth quarter.
Geneos Wealth Management Inc. now owns 1,343 shares of the company’s stock worth $31,000 after buying an additional 1,144 shares during the period. Gables Capital Management Inc.
bought a new stake in Sirius XM in the fourth quarter valued at $43,000. Finally, Avior Wealth Management LLC boosted its holdings in shares of Sirius XM by 670.4% during the fourth quarter.
Avior Wealth Management LLC now owns 2,080 shares of the company’s stock valued at $47,000 after acquiring an additional 1,810 shares during the period. Institutional investors and hedge funds own 10.69% of the company’s stock.
Sirius XM Stock Performance NASDAQ:SIRI opened at $20.36 on Tuesday. The company has a current ratio of 0.
42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93.
The company has a 50-day moving average of $23.88 and a 200-day moving average of $24.40.
Sirius XM Holdings Inc. has a twelve month low of $18.69 and a twelve month high of $41.
60. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of -3.
18, a price-to-earnings-growth ratio of 0.79 and a beta of 0.98.
Sirius XM Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 7th were given a $0.27 dividend.
The ex-dividend date was Friday, February 7th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.
30%. Sirius XM’s dividend payout ratio (DPR) is -16.85%.
Wall Street Analyst Weigh In Several analysts recently weighed in on SIRI shares. Barrington Research set a $28.00 price objective on shares of Sirius XM in a research report on Friday, January 31st.
Morgan Stanley cut their price target on Sirius XM from $23.00 to $21.00 and set an “underweight” rating on the stock in a report on Thursday, January 23rd.
Rosenblatt Securities reduced their price objective 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.
Seaport Res Ptn downgraded Sirius XM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Finally, Guggenheim decreased 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. Six analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.
com, the stock currently has an average rating of “Hold” and an average target price of $26.81. Check Out Our Latest Analysis on SIRI About Sirius XM ( 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. Featured Stories Want to see what other hedge funds are holding SIRI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sirius XM Holdings Inc. ( NASDAQ:SIRI – Free Report ). Receive News & Ratings for Sirius XM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius XM and related companies with MarketBeat.
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