Short Interest in Sirius XM Holdings Inc. (SIRI) Declines By 5.8%

Gladys Abbott
May 20, 2017

It looks at the stock's Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.

Other hedge funds also recently made changes to their positions in the company.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Sirius XM Holdings Inc. According to these analysts, the Low Revenue Estimate for Sirius XM Holdings Inc.is 1.29 Billion and the High Revenue Estimate is 1.34 Billion. Taking a look back at some historical performance numbers for Sirius XM Holdings Inc. Pivotal Research maintained Sirius XM Holdings Inc. The institutional investor owned 244,930 shares of the company's stock at the end of the first quarter. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company. The company rocked its 52-Week High of $5.53 and touched its 52-Week Low of $3.74.

Sirius XM Holdings (NASDAQ:SIRI) traded up 0.42% on Thursday, hitting $4.80. Approximately 16.8% of the shares of the stock are sold short.

While considering growth estimates of the company, it has next quarter growth estimates of 25% whereas during current quarter it has 33.3% estimations over growth, comparing to the estimations of 12.5% during current year and 22.2% for next year. The stock has a 50-day moving average price of $5.00 and a 200 day moving average price of $4.79. Analysts reported that the Price Target for Sirius XM Holdings Inc. might touch $6 high while the Average Price Target and Low price Target is $5.21 and $4.4 respectively.

Sirius XM Holdings (NASDAQ:SIRI) opened at 4.79 on Wednesday. According to the past 5 years report, the company on average reported 1.30% year-over-year EPS growth and sales growth was recorded at 0.60%. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. The firm's quarterly revenue was up 7.7% on a year-over-year basis. For the past 5 years, the stock's EPS growth has been almost 31.10%. (NYSE:ATHM). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50.

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The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 31st. The ex-dividend date is Monday, May 8th. Evercore ISI lowered shares of Sirius XM Holdings to a "buy" rating in a report on Friday, March 3rd.

04/09/2017 - Sirius XM Holdings Inc. had its "outperform" rating reiterated by analysts at Macquarie. "(SIRI) to Underweight" was first reported by Markets Daily and is owned by of Markets Daily. If you are reading this story on another domain, it was illegally copied and republished in violation of U.S. & global copyright laws. (SIRI) 52 week low value is at $3.72 and its current distance from 52 week low value is 28.92%. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Sirius XM Holdings Inc. The stock has been active on the tape, now trading at $4.86, up from yesterday's close by 2.75%. Dynamic Capital Management Ltd raised its stake in shares of Sirius XM Holdings by 143.7% in the third quarter. Chicago Equity Partners LLC now owns 93,970 shares of the company's stock valued at $392,000 after buying an additional 50,015 shares during the period.

Vetr cut shares of Sirius XM Holdings Inc. The company was able to keep return on investment at 21.00% in the last twelve months.

03/16/2017 - Sirius XM Holdings Inc. was downgraded to " by analysts at Wunderlich. Finally, Nomura Asset Management Co. More interesting news about Sirius XM Holdings Inc. IL now owns 38,211 shares of the company's stock worth $195,000 after buying an additional 551 shares during the period.

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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