5 Best Value Stocks To Buy Heading Into 2024 (Picked By Seth Klarman)

2. The Liberty SiriusXM Group (NASDAQ:LSXMA)

Baupost Group’s Q3 2023 Investment: $378 million

Latest Price to Forward Earnings Ratio: 8.82

The Liberty SiriusXM Group (NASDAQ:LSXMA) is an American entertainment company that provides radio networks and other services. Despite the fact that the firm has missed analyst EPS estimates in two of its four latest quarters, analysts have rated the shares as Strong Buy on average.

By the end of this year’s second quarter, 43 out of the 910 hedge funds part of Insider Monkey’s database had invested in the company. The Liberty SiriusXM Group (NASDAQ:LSXMA)’s biggest shareholder during the time period was Warren Buffett’s Berkshire Hathaway as it owned 43 million shares that were worth $1.4 billion.

Follow Liberty Media Corp (NASDAQ:FWONK)