Sirius XM Holdings (SIRI) : Gm Advisory Group has sold out all of its stake in Sirius XM Holdings during the most recent quarter, according to the disclosure filed by the company on May 11, 2016 with the SEC. The investment management company has sold out 56,292 shares of Sirius XM Holdings which is valued at $218,976.
Other Hedge Funds, Including , Shinko Asset Management Ltd. reduced its stake in SIRI by selling 1,728 shares or 24.06% in the most recent quarter. The Hedge Fund company now holds 5,455 shares of SIRI which is valued at $21,220.Blackrock Advisors reduced its stake in SIRI by selling 25,878 shares or 2.36% in the most recent quarter. The Hedge Fund company now holds 1,071,201 shares of SIRI which is valued at $4.2 Million.Janney Montgomery Scott reduced its stake in SIRI by selling 6,200 shares or 9.32% in the most recent quarter. The Hedge Fund company now holds 60,302 shares of SIRI which is valued at $234,575. Sirius XM Holdings makes up approx 0.01% of Janney Montgomery Scott’s portfolio. Stephens Inc Ar sold out all of its stake in SIRI during the most recent quarter. The investment firm sold 10,150 shares of SIRI which is valued $39,890.
Sirius XM Holdings opened for trading at $3.9 and hit $3.93 on the upside on Monday, eventually ending the session at $3.91, with a gain of 0.51% or 0.02 points. The heightened volatility saw the trading volume jump to 2,34,27,237 shares. Company has a market cap of $19,386 M.
On the company’s financial health, Sirius XM Holdings reported $0.03 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $0.03. The company had revenue of $1201.00 million for the quarter, compared to analysts expectations of $1184.28 million. The company’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.
Many Wall Street Analysts have commented on Sirius XM Holdings. Company shares were Reiterated by Wunderlich on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 5 from a previous price target of $4.60 .