Sirius XM (SIRI) Downgraded by JPMorgan Chase & Co. to "Underweight"

Friday, 12 Jan, 2018

Concorde Asset Management Ltd Co stated it has 10,886 shares or 0.15% of all its holdings. Following the completion of the sale, the executive vice president now directly owns 227,430 shares in the company, valued at $1,296,351. BidaskClub lowered shares of Sirius XM from a "hold" rating to a "sell" rating in a research note on Wednesday, December 20th. (NASDAQ:SIRI) traded down 0.945% on Tuesday, reaching $4.715. Currently, Sirius XM Holdings Inc. (NASDAQ:SIRI) is a huge mover today! It has outperformed by 8.88% the S&P500.

Bridgecreek Investment Management Llc increased its stake in Intel Corp (INTC) by 9.05% based on its latest 2017Q3 regulatory filing with the SEC. Principal Financial Group Inc. now owns 3,803,755 shares of the company's stock worth $20,807,000 after purchasing an additional 3,432,999 shares during the last quarter. The Georgia-based Suntrust Banks has invested 0% in Sirius XM Holdings Inc. Trading volume for Sirius XM Holdings Inc. was 24.97 Million in its previous trading session. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 9, 2017 and is downtrending. It has underperformed by 43.62% the S&P500. (NASDAQ:SIRI) for 1.07M shares.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. Its down 0.19, from 0.98 in 2017Q2. BOKF NA raised its position in Sirius XM Holdings by 0.6% in the second quarter. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

Shares of Sirius XM Holdings Inc. The firm owned 3,232,585 shares of the company's stock after acquiring an additional 52,900 shares during the quarter. Lincoln invested 0% in Sirius XM Holdings Inc. (NASDAQ:SIRI) for 39,733 shares. Drexel Morgan, a Pennsylvania-based fund reported 4,832 shares. Sirius XM Holdings Inc. (NASDAQ:SIRI). 5.59 million were reported by Robeco Institutional Asset Mngmt Bv. First Mercantile Tru holds 0.05% or 49,570 shares. Teachers Retirement Sys Of The State Of Kentucky holds 1.20M shares or 0.08% of its portfolio. Hap Trading Limited Liability accumulated 0.07% or 89,143 shares. Cetera Advisor Net Ltd Liability Company invested 0.09% of its portfolio in CVS Health Corporation (NYSE:CVS). Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Sirius XM Holdings had 33 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Sector Perform" rating by RBC Capital Markets given on Monday, October 26.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 2.2%, and has a solid year to date (YTD) performance of 2.61% which means that the stock is constantly adding to its value from the previous fiscal year end price. The rating was maintained by KeyBanc Capital Markets with "Hold" on Monday, October 16. Finally, B. Riley reaffirmed a "buy" rating on shares of Sirius XM in a research report on Wednesday, November 1st. The firm has "Buy" rating given on Tuesday, December 26 by Mizuho.

Media coverage about Sirius XM (NASDAQ:SIRI) has trended somewhat positive recently, Accern reports. The firm has "Buy" rating given on Tuesday, December 1 by Guggenheim. (NASDAQ:SIRI) has "Equal-Weight" rating given on Wednesday, March 22 by Barclays Capital. As per Tuesday, January 2, the company rating was downgraded by JP Morgan. (NASDAQ:SIRI) earned "Hold" rating by KeyBanc Capital Markets on Monday, October 16. The stock of Intel Corporation (NASDAQ:INTC) earned "Buy" rating by Argus Research on Monday, September 19.

Investors sentiment increased to 0.96 in 2017 Q3. It increased, as 53 investors sold PFE shares while 700 reduced holdings. Us Natl Bank De holds 0% or 132,997 shares in its portfolio. Azimuth Capital Mngmt Limited Liability reported 1.52% stake. Manufacturers Life Ins Co The invested in 0% or 172,134 shares. Amp Cap Invsts Limited invested in 1.95 million shares. Pictet Asset Management Ltd stated it has 784,400 shares. Bryn Mawr Tru Com reported 0.01% stake. Pinebridge Invs Ltd Partnership stated it has 0.27% in Pfizer Inc. 801.45 million shares or 0.31% less from 803.96 million shares in 2017Q2 were reported. The Brahman Capital Corp holds 45.89M shares with $253.30M value, down from 55.42 million last quarter. It also reduced Lemaitre Vascular Inc.

Analysts await The Habit Restaurants, Inc. During the same quarter a year ago, the business posted $0.04 EPS. SIRI's profit would be $183.83 million giving it 34.72 P/E if the $0.04 EPS is correct. The institutional investor held 245,000 shares of the broadcasting company at the end of 2017Q3, valued at $1.35 million, up from 100,000 at the end of the previous reported quarter.

Since August 16, 2017, it had 0 insider buys, and 7 insider sales for $58.32 million activity. $6.70 million worth of Pfizer Inc. (SIRI)'s shares. The total value of these holdings, in millions, is $4,845. 2,500 shares were sold by SWIFT RICHARD J, worth $199,050.