The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) is a huge mover today! About 8.35 million shares traded hands. Sirius XM Holdings Inc. (NASDAQ:SIRI) has risen 14.36% since April 26, 2016 and is uptrending. It has outperformed by 9.10% the S&P500.
The move comes after 5 months positive chart setup for the $21.90B company. It was reported on Nov, 29 by Barchart.com. We have $4.91 PT which if reached, will make NASDAQ:SIRI worth $1.53B more.
Analysts await Sirius XM Holdings Inc. (NASDAQ:SIRI) to report earnings on February, 7. They expect $0.04 earnings per share, up 33.33% or $0.01 from last year’s $0.03 per share. SIRI’s profit will be $190.85M for 28.69 P/E if the $0.04 EPS becomes a reality. After $0.04 actual earnings per share reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Ratings Coverage
Out of 7 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. Sirius XM Holdings has been the topic of 14 analyst reports since July 29, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of SIRI in a report on Wednesday, February 3 with “Sector Perform” rating. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) has “Buy” rating given on Friday, September 18 by Gabelli. The firm has “Neutral” rating given on Monday, September 26 by JP Morgan. On Friday, April 29 the stock rating was maintained by Wunderlich with “Buy”. RBC Capital Markets maintained Sirius XM Holdings Inc. (NASDAQ:SIRI) rating on Monday, October 26. RBC Capital Markets has “Sector Perform” rating and $4.50 price target. On Thursday, October 22 the stock rating was maintained by Pivotal Research with “Buy”. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) earned “Buy” rating by Pivotal Research on Friday, September 30. Wunderlich upgraded the shares of SIRI in a report on Wednesday, July 29 to “Buy” rating. On Tuesday, August 4 the stock rating was downgraded by Zacks to “Buy”. The firm has “Overweight” rating given on Friday, August 14 by Barclays Capital.
According to Zacks Investment Research, “Sirius XM Holdings Inc. is a radio broadcasting company. It creates and broadcasts commercial-free music; premier sports and live events; news and comedy; exclusive talk and entertainment; and the most comprehensive lineup of Latin commercial-free music, sports, and talk programming in radio. SiriusXM content is available via satellite and through the SiriusXM Internet Radio app for smartphones and other connected devices, as well as online at siriusxm.com. Sirius XM Holdings Inc., formerly known as Sirius XM Radio Inc., is headquartered in New York.”
Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.03, from 0.85 in 2016Q1. The ratio dived, as 37 funds sold all Sirius XM Holdings Inc. shares owned while 135 reduced positions. 51 funds bought stakes while 96 increased positions. They now own 996.10 million shares or 5.64% less from 1.06 billion shares in 2016Q1.
Sg Americas Securities Limited Liability has 843,698 shares for 0.02% of their US portfolio. Nordea Management Ab reported 78,550 shares or 0% of all its holdings. Rothschild Asset Mngmt owns 105,030 shares or 0.01% of their US portfolio. Teachers Retirement System Of The State Of Kentucky has invested 0.14% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI). American Int Group holds 349,412 shares or 0% of its portfolio. Mackenzie Financial accumulated 0% or 201,959 shares. Td Asset Management has 0% invested in the company for 387,865 shares. Blackrock Institutional Na last reported 48.36 million shares in the company. Kcg Inc has 1.84 million shares for 0.15% of their US portfolio. Aqr Mngmt Limited Liability Company has invested 0% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI). Robeco Institutional Asset Management Bv accumulated 0.19% or 6.33M shares. Credit Suisse Ag accumulated 0.03% or 5.81M shares. Amalgamated State Bank holds 0.03% or 129,771 shares in its portfolio. Atlantic Tru Gp Limited Liability Co holds 0% or 171,387 shares in its portfolio. Moreover, Proshare Advsr Ltd has 0.07% invested in Sirius XM Holdings Inc. (NASDAQ:SIRI) for 1.44M shares.
More recent Sirius XM Holdings Inc. (NASDAQ:SIRI) news were published by: Forbes.com which released: “The New #17 Most Shorted Nasdaq 100 Component: Sirius XM Holdings” on November 28, 2016. Also Profitconfidential.com published the news titled: “Sirius XM Holdings Inc.: This Is Why Siri Stock Has HUGE Upside” on November 17, 2016. Fool.com‘s news article titled: “Sirius XM Stock Hits a 10-Year High” with publication date: November 15, 2016 was also an interesting one.
SIRI Company Profile
Sirius Xm Holdings Inc., incorporated on May 21, 2013, transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems. 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. The Firm also provides connected vehicle services. The Firm has agreements with automakers to offer satellite radio in their vehicles. Additionally, the Company distributes its satellite radios through retailers online and at locations across the nation and through its Website, www.siriusxm.com. The Firm also offers satellite radio services to clients of certain rental car companies.
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