Sirius XM Holdings Inc. (NASDAQ:SIRI) PT Raised to $6.10 at Gabelli

Joanna Estrada
November 14, 2017

Gulf International Bank UK Ltd held its position in Sirius XM Holdings Inc.

A number of brokerages have recently commented on SIRI. The portion of a company's profit allocated to each outstanding share of common stock was $0.19 a share in the trailing twelve months.

Other institutional investors have also bought and sold shares of the company. (NASDAQ:SIRI). Fiera invested 0% of its portfolio in Sirius XM Holdings Inc. The market capitalization of the company is at $24.4 Billion. Moreover, Budros Ruhlin & Roe has 0.03% invested in Sirius XM Holdings Inc. Currently, 4.57 billion total shares are owned by the public and among those 1.39 billion shares have been available to trade.

The Details: Sirius XM Holdings Inc.

The company surged 0.56% and closed its last trading session at $5.31. Janus Henderson Group PLC grew its position in shares of Sirius XM Holdings by 3,767.6% in the 2nd quarter. Engineers Gate Manager LP now owns 423,703 shares of the company's stock worth $2,339,000 after buying an additional 325,813 shares in the last quarter. Colony Group LLC purchased a new stake in shares of Sirius XM Holdings during the 2nd quarter valued at $102,000. Commerzbank Aktiengesellschaft FI now owns 33,446 shares of the company's stock valued at $185,000 after purchasing an additional 11,797 shares in the last quarter. Finally, Marshall Wace North America L.P. grew its position in shares of Sirius XM Holdings by 535.4% in the 2nd quarter. "(SIRI)" was published by Week Herald and is the sole property of of Week Herald. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of USA and worldwide copyright law.

Shares of Sirius XM Holdings Inc. The 52-Week High range of the stock is $34.75, while the 52-week low range is $29.12.

The most recent open market insider trade was Disposition (Non Open Market) of 18 shares on a day where the closing price was 5.7. The company has a debt-to-equity ratio of -6.41, a quick ratio of 0.18 and a current ratio of 0.19.

Beta is also an important valuation ratio for analyzing the stock of the company, SIRI has Beta of 1.13 while its industry and Sector's beta remains at 1.34 and 1.27 respectively. Sirius XM Holdings Inc. (NASDAQ:SIRI). Bedrijfstakpensioenfonds Voor De Media Pno stated it has 0.13% in Sirius XM Holdings Inc. During the same quarter in the previous year, the business posted $0.04 EPS. research analysts expect that Sirius XM Holdings will post 0.19 earnings per share for the current fiscal year. Sirius XM Holdings had a net margin of 16.71% and a negative return on equity of 93.51%. When it comes to net revenue, the average estimate from a total of 14 analysts is 1.39 billion - compared to $1.3 billion posted in the year-ago period. During the same quarter in the prior year, the firm earned $0.04 earnings per share. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.02.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 30th. Investors of record on Thursday, November 9th will be issued a $0.011 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $0.04 dividend on an annualized basis and a yield of 0.82%. BidaskClub downgraded Sirius XM Holdings from a "strong-buy" rating to a "buy" rating in a research note on Friday, July 28th. The percentage of shares being held by the company management was 0.2% while institutional stake was 21.2%. KeyCorp reiterated a "hold" rating on shares of Sirius XM Holdings in a report on Friday, August 25th. Citigroup Inc. raised their price target on shares of Sirius XM Holdings from $4.50 to $4.85 and gave the stock a "buy" rating in a report on Thursday, August 18th. Vetr downgraded shares of Sirius XM Holdings from a "strong-buy" rating to a "hold" rating and set a $6.06 price objective for the company.in a research report on Monday, July 31st. (NASDAQ:SIRI) had its target price lifted by Gabelli from $4.75 to $6.10 in a research note released on Thursday, October 26th.

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.

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