Published: Wed, September 13, 2017
Business | By Max Garcia

Sirius XM Holdings Target of Unusually Large Options Trading (NASDAQ:SIRI)


Macquarie Group Ltd. now owns 18,392 shares of the company's stock worth $101,000 after purchasing an additional 15,200 shares in the last quarter. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock. Capstone Asset Management Co. grew its holdings in Sirius XM Holdings by 0.3% during the 2nd quarter. However the company reported $0.04 earnings per share for the same quarter during a year ago.

Traders are more bullish on Sirius XM Holdings Inc. recently if you take note of the downtick in short interest.

Sirius XM Holdings I (NASDAQ:SIRI)'s revenue estimates for the current quarter are $1.37 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $1.38 Billion in contradiction of low revenue estimates of $1.35 Billion. Miracle Mile Advisors LLC now owns 19,880 shares of the company's stock worth $102,000 after purchasing an additional 300 shares in the last quarter. The value of the total investment in Sirius XM Holdings Inc. increased from $40,638,000 to $42,016,000 increasing 3.4% since the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its holdings in Sirius XM Holdings by 1.7% during the 1st quarter. The company's past year sales total was 1.28 Million.

Tahoe Resources Inc. (TAHO) is recuperating from the fall at $4.24, the 52-week low. (NASDAQ:SIRI) Cheap From Peers? This represents an increase of 1,054% compared to the average daily volume of 2,213 put options. (NASDAQ:SIRI) has a market cap of $25.6 billion and over the last 12 months, SIRI has risen by 30.63%. Sirius XM Holdings Inc.

Sirius XM Holdings (NASDAQ:SIRI) last released its earnings results on Thursday, July 27th.

On a similar note, analysts expect EPS of $0.04 in September 2017 quarter and $0.04 in December 2017 quarter, representing 0% and 0% growth, respectively.

The consensus recommendation - averaging the work of 17 analysts - of 2.4 for Sirius XM Holdings Inc.

The High Revenue estimate is predicted as 1.38 Million, while the Low Revenue Estimate prediction stands at 1.35 Million. The firm's revenue was up 9.1% on a year-over-year basis. Investors of record on Thursday, August 10th were issued a $0.01 dividend. The dividend was $0.010 per share for the quarter or $0.04 annualized. The ex-dividend date of this dividend was Tuesday, August 8th. Sirius XM Holdings's dividend payout ratio (DPR) is 25.00%.

Several brokerages have recently issued reports on SIRI.

On August 7 Citigroup kept the stock rating at "Buy" but raised the price target from $4.90 to $6.70.

Additionally on 4/19/17 Morgan Stanley "Downgrades" Sirius XM Holdings I (NASDAQ:SIRI) to Underweight setting price target at $4.8 and on 3/22/17 Barclays "Downgrades" the stock to Equal-Weight at $0. Finally, Zacks Investment Research cut Sirius XM Holdings from a "buy" rating to a "hold" rating in a research report on Monday, July 31st. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances.

Sirius XM Holdings I (NASDAQ:SIRI)'s trailing twelve month revenues are $5.22 Billion, whereas its price to sales ratio for the same period is 4.9.

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