First Hawaiian Bank Raises Stock Position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

First Hawaiian Bank raised its position in Liberty Sirius XM Group Series C (NASDAQ:LSXMK) by 10.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,695 shares of the technology company’s stock after purchasing an additional 4,197 shares during the quarter. First Hawaiian Bank’s holdings in Liberty Sirius XM Group Series C were worth $1,622,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Massey Quick Simon & CO. LLC acquired a new stake in shares of Liberty Sirius XM Group Series C in the 1st quarter valued at about $25,000. Advisory Alpha LLC bought a new position in shares of Liberty Sirius XM Group Series C in the first quarter worth approximately $31,000. Hexavest Inc. bought a new position in shares of Liberty Sirius XM Group Series C in the second quarter worth approximately $37,000. Icon Wealth Partners LLC bought a new position in shares of Liberty Sirius XM Group Series C in the first quarter worth approximately $78,000. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Liberty Sirius XM Group Series C by 3,978.8% in the first quarter. Rockefeller Capital Management L.P. now owns 2,692 shares of the technology company’s stock worth $103,000 after buying an additional 2,626 shares in the last quarter. Hedge funds and other institutional investors own 77.92% of the company’s stock.

Separately, Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a research note on Wednesday.

LSXMK opened at $40.05 on Friday. The firm has a 50 day moving average price of $40.07 and a 200-day moving average price of $39.41. Liberty Sirius XM Group Series C has a twelve month low of $34.84 and a twelve month high of $47.75. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.86 and a beta of 1.18.

About Liberty Sirius XM Group Series C

The Liberty SiriusXM Group, through its subsidiary, Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series C (NASDAQ:LSXMK)

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