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Investment firm cuts holdings in Sirius-related stocks as Sirius XM reports strong earnings.
Investment firm Brandywine Global reduced its holdings in SiriusPoint Ltd by 4.4%, now owning 398,441 shares.
Meanwhile, Diametric Capital significantly cut its Sirius XM Holdings shares by 72.7%, leaving it with 14,440 shares.
Sirius XM, an audio entertainment company, reported strong earnings with $0.83 EPS, surpassing expectations.
The stock currently trades at $21.96, with analysts predicting a "Hold" rating and a price target of $26.81.
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La firma de inversión reduce sus participaciones en acciones relacionadas con Sirius, ya que Sirius XM informa fuertes ganancias.