31,100 Shares in Sirius XM Holdings Inc. $SIRI Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 31,100 shares of the company’s stock, valued at approximately $622,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SIRI. Brighton Jones LLC purchased a new stake in Sirius XM during the 4th quarter worth about $622,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sirius XM by 11.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 925,313 shares of the company’s stock worth $20,861,000 after purchasing an additional 92,111 shares in the last quarter. Focus Partners Wealth boosted its stake in Sirius XM by 5.2% in the 1st quarter. Focus Partners Wealth now owns 16,273 shares of the company’s stock worth $367,000 after buying an additional 800 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Sirius XM by 36.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock worth $41,000 after buying an additional 493 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Sirius XM in the 2nd quarter worth about $208,000. Hedge funds and other institutional investors own 10.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SIRI. Evercore set a $28.00 price target on Sirius XM in a research note on Friday, May 1st. Guggenheim reissued a “buy” rating and issued a $34.00 price target (up from $29.00) on shares of Sirius XM in a research note on Friday, April 24th. JPMorgan Chase & Co. raised their price target on Sirius XM from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Barrington Research raised their price target on Sirius XM from $28.00 to $32.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Rosenblatt Securities decreased their price target on Sirius XM from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.45.

Insider Buying and Selling at Sirius XM

In other news, insider Scott Andrew Greenstein sold 20,744 shares of Sirius XM stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $29.83, for a total value of $618,793.52. Following the transaction, the insider directly owned 20,163 shares of the company’s stock, valued at $601,462.29. The trade was a 50.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 3.27% of the stock is owned by corporate insiders.

Sirius XM Stock Down 0.1%

Shares of NASDAQ:SIRI opened at $27.59 on Thursday. The stock’s 50-day moving average price is $26.45 and its two-hundred day moving average price is $23.13. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.83. Sirius XM Holdings Inc. has a 12-month low of $19.76 and a 12-month high of $30.11. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 0.60 and a beta of 0.96.

Sirius XM (NASDAQ:SIRI) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.07 billion. Sirius XM had a return on equity of 9.19% and a net margin of 9.86%.The company’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 EPS. On average, research analysts forecast that Sirius XM Holdings Inc. will post 3.1 EPS for the current year.

Sirius XM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Monday, May 11th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, May 11th. Sirius XM’s payout ratio is currently 45.57%.

Sirius XM Profile

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.