Delta Asset Management LLC TN Buys Shares of 1,152 The Liberty SiriusXM Group (NASDAQ:LSXMK)

Delta Asset Management LLC TN bought a new position in The Liberty SiriusXM Group (NASDAQ:LSXMK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,152 shares of the technology company’s stock, valued at approximately $38,000.

Several other institutional investors have also recently added to or reduced their stakes in LSXMK. ING Groep NV bought a new position in The Liberty SiriusXM Group in the first quarter worth approximately $11,760,000. Baupost Group LLC MA grew its position in The Liberty SiriusXM Group by 8.8% in the 1st quarter. Baupost Group LLC MA now owns 14,851,048 shares of the technology company’s stock valued at $415,681,000 after purchasing an additional 1,200,000 shares during the period. Elo Mutual Pension Insurance Co increased its stake in The Liberty SiriusXM Group by 15.6% during the 1st quarter. Elo Mutual Pension Insurance Co now owns 14,407 shares of the technology company’s stock valued at $403,000 after purchasing an additional 1,939 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in The Liberty SiriusXM Group by 50.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 17,717 shares of the technology company’s stock worth $580,000 after buying an additional 5,959 shares during the last quarter. Finally, Fort Baker Capital Management LP bought a new position in shares of The Liberty SiriusXM Group in the first quarter valued at $1,080,000. 0.27% of the stock is owned by institutional investors and hedge funds.

The Liberty SiriusXM Group Stock Performance

NASDAQ LSXMK opened at $26.47 on Tuesday. The Liberty SiriusXM Group has a 52-week low of $22.24 and a 52-week high of $27.01. The company has a 50-day simple moving average of $24.79 and a 200 day simple moving average of $27.27.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LSXMK shares. Pivotal Research upped their target price on shares of The Liberty SiriusXM Group from $34.00 to $41.00 in a report on Tuesday, September 26th. TheStreet raised The Liberty SiriusXM Group from a “d+” rating to a “c-” rating in a research report on Wednesday, September 27th. StockNews.com started coverage on The Liberty SiriusXM Group in a research report on Thursday, October 5th. They issued a “hold” rating for the company. Morgan Stanley cut their price objective on shares of The Liberty SiriusXM Group from $36.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 15th. Finally, Rosenblatt Securities lowered their target price on shares of The Liberty SiriusXM Group from $53.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, September 6th.

About The Liberty SiriusXM Group

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. 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 applications for mobile and home devices, and other consumer electronic equipment.