Sirius XM Holdings (SIRI) : Calixto Global Investors Lp reduced its stake in Sirius XM Holdings by 6.4% during the most recent quarter end. The investment management company now holds a total of 4,703,871 shares of Sirius XM Holdings which is valued at $19,779,778 after selling 321,400 shares in Sirius XM Holdings , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Sirius XM Holdings makes up approximately 9.98% of Calixto Global Investors Lp’s portfolio.
Other Hedge Funds, Including , First Allied Advisory Services reduced its stake in SIRI by selling 33,332 shares or 53.56% in the most recent quarter. The Hedge Fund company now holds 28,903 shares of SIRI which is valued at $121,537. Sirius XM Holdings makes up approx 0.01% of First Allied Advisory Services’s portfolio.I.g. Investment Management Ltd. boosted its stake in SIRI in the latest quarter, The investment management firm added 45,358 additional shares and now holds a total of 570,957 shares of Sirius XM Holdings which is valued at $2,420,858. Sirius XM Holdings makes up approx 0.01% of I.g. Investment Management Ltd.’s portfolio.Sumitomo Mitsui Asset Management Company Ltd reduced its stake in SIRI by selling 400 shares or 0.28% in the most recent quarter. The Hedge Fund company now holds 142,161 shares of SIRI which is valued at $624,087. Sirius XM Holdings makes up approx 0.02% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.Ibm Retirement Fund reduced its stake in SIRI by selling 44,614 shares or 15.86% in the most recent quarter. The Hedge Fund company now holds 236,709 shares of SIRI which is valued at $996,545. Sirius XM Holdings makes up approx 0.04% of Ibm Retirement Fund’s portfolio.
Sirius XM Holdings opened for trading at $4.16 and hit $4.19 on the upside on Thursday, eventually ending the session at $4.15, with a gain of 0.24% or 0.01 points. The heightened volatility saw the trading volume jump to 5,95,16,384 shares. Company has a market cap of $20,243 M.
On the company’s financial health, Sirius XM Holdings reported $0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.04. The company had revenue of $1235.57 million for the quarter, compared to analysts expectations of $1224.54 million. The company’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on Sirius XM Holdings. Company shares were Reiterated by RBC Capital Mkts on Jul 27, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 4.75 from a previous price target of $4.25 .Telsey Advisory Group Initiated Sirius XM Holdings on Jul 12, 2016 to “Market Perform”, Price Target of the shares are set at $4.59.