Sirius XM Holdings Inc. (NASDAQ:SIRI) Experiences Lighter than Average Trading Volume

Sirius XM Holdings

(NASDAQ:SIRI) by 154.1% during the second quarter, according to its most recent Form 13F filing with the SEC. Scotia Capital Inc. now owns 25,494 shares of the company's stock valued at $139,000 after buying an additional 206 shares during the period.

Several other hedge funds have also recently made changes to their positions in the company. Sirius XM Holdings expected to lift sales by 5.93% in next year to $5.72B. Capstone Asset Management Co. now owns 65,346 shares of the company's stock valued at $357,000 after buying an additional 170 shares during the period. Miracle Mile Advisors has an ownership of 19,880 stocks of the firms shares valued $102,000 following acquiring an extra 300 shares through out the quarter. The stock volatility for week was 1.21% while for month was 1.69%. TIAA CREF Investment Management LLC owned about 0.11% of Sirius XM Holdings worth $27,226,000 at the end of the most recent quarter. The MF Rank of Sirius XM Holdings Inc. SIRI has diverse figures for different time frames; starting from week's performance dropped 0.92% in last five regular trading sessions. NASDAQ exhibits a P/E ratio of 32.98 with a forward P/E of 25.77. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -1.29% from last close price of 5.49 and act as support or resistance of price limit. Sirius XM Holdings has recorded a 50-day average of $5.58 and a two hundred day average of $5.29.

Sirius XM Holdings (NASDAQ:SIRI) last announced its quarterly earnings results on Thursday, July 27th. (NASDAQ:SIRI) reported Q2 earnings of $0.04, matching consensus estimates of $0.04. Sirius XM Holdings had a net profit margin of 15.47% and a negative ROE of 99.07%. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. -0.36% over the last one month, 3.55% for the last quarter and year to date performance stands at 24.49%. The business's quarterly revenue was up 9.1% compared to the same quarter previous year. After having $0.04 EPS previously, Sirius XM Holdings Inc.'s analysts see 0.00% EPS growth.

Also, the company disclosed a divided for the quarter, to be paid on Early Thur, Aug 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Tuesday, August 8th. Sirius XM Holdings's payout ratio is 25.00%. "(SIRI)" was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and worldwide copyright and trademark law. The correct version of this article can be accessed at (NASDAQ:SIRI). Fred Alger Mgmt Inc reported 3,074 shares. KeyCorp restated a "hold" rating on shares of Sirius XM Holdings in a research report on Friday, August 25th. Vetr upgraded shares of Sirius XM Holdings from a buy rating to a strong-buy rating and set a $6.31 target price on the stock in a research report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. Subscribers can also receive music and other channels, and features, such as SiriusXM On Demand and MySXM, over its Internet radio service, including through applications for mobile devices, home devices and other consumer electronic equipment.



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