R.H. Dinel Investment Counsel Inc. Has $1.05 Million Holdings in Sirius XM Holdings Inc. (NASDAQ:SIRI)

R.H. Dinel Investment Counsel Inc. decreased its stake in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) by 29.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 46,108 shares of the company’s stock after selling 19,234 shares during the quarter. Sirius XM accounts for about 0.7% of R.H. Dinel Investment Counsel Inc.’s investment portfolio, making the stock its 29th biggest position. R.H. Dinel Investment Counsel Inc.’s holdings in Sirius XM were worth $1,051,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Coston McIsaac & Partners boosted its holdings in Sirius XM by 113.5% during the third quarter. Coston McIsaac & Partners now owns 1,174 shares of the company’s stock valued at $27,000 after purchasing an additional 624 shares in the last quarter. TCTC Holdings LLC bought a new position in shares of Sirius XM during the third quarter valued at $29,000. Princeton Global Asset Management LLC boosted its stake in shares of Sirius XM by 2,683.7% in the 3rd quarter. Princeton Global Asset Management LLC now owns 1,364 shares of the company’s stock valued at $32,000 after purchasing an additional 1,315 shares in the last quarter. Frank Rimerman Advisors LLC bought a new stake in shares of Sirius XM in the 2nd quarter worth about $47,000. Finally, Trium Capital LLP acquired a new stake in shares of Sirius XM during the 3rd quarter worth about $50,000. Institutional investors and hedge funds own 10.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on SIRI shares. Morgan Stanley reiterated an “underweight” rating and issued a $23.00 price objective on shares of Sirius XM in a research report on Tuesday, September 24th. Guggenheim reissued a “buy” rating and set a $30.00 price objective on shares of Sirius XM in a report on Wednesday, December 11th. The Goldman Sachs Group dropped their target price on shares of Sirius XM from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. StockNews.com assumed coverage on shares of Sirius XM in a research note on Wednesday, November 13th. They set a “sell” rating on the stock. Finally, Seaport Res Ptn downgraded Sirius XM from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.58.

Sirius XM Trading Up 0.4 %

NASDAQ SIRI opened at $22.35 on Wednesday. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of -3.53, a PEG ratio of 1.11 and a beta of 1.05. The business’s fifty day moving average is $24.17 and its 200-day moving average is $27.47. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.37 and a quick ratio of 0.37. Sirius XM Holdings Inc. has a one year low of $20.47 and a one year high of $55.40.

Sirius XM Profile

Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company’s Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.