Guggenheim Capital LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 51,832 shares of the company's stock, valued at approximately $661,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. ACR Alpine Capital Research LLC raised its position in shares of Liberty Global by 333.3% during the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock valued at $221,730,000 after acquiring an additional 13,366,743 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Liberty Global by 55.3% during the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock worth $66,865,000 after purchasing an additional 1,866,197 shares during the period. Norges Bank bought a new position in shares of Liberty Global in the 4th quarter worth about $48,381,000. Franklin Resources Inc. boosted its holdings in shares of Liberty Global by 65.4% in the 4th quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company's stock valued at $33,938,000 after buying an additional 1,051,458 shares during the period. Finally, First Wilshire Securities Management Inc. grew its position in shares of Liberty Global by 0.8% during the 4th quarter. First Wilshire Securities Management Inc. now owns 2,264,395 shares of the company's stock valued at $28,894,000 after buying an additional 17,045 shares during the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
LBTYA has been the subject of a number of research reports. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Liberty Global has an average rating of "Hold" and a consensus price target of $17.43.
Check Out Our Latest Research Report on LBTYA
Liberty Global Stock Performance
Shares of NASDAQ LBTYA traded up $0.14 during midday trading on Monday, hitting $11.02. 1,141,499 shares of the company's stock were exchanged, compared to its average volume of 2,031,725. Liberty Global Ltd. has a twelve month low of $9.84 and a twelve month high of $21.56. The firm has a market cap of $3.84 billion, a P/E ratio of 2.63 and a beta of 1.25. The stock's 50 day moving average price is $11.16 and its 200-day moving average price is $13.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. Equities research analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current year.
Liberty Global Company Profile
(
Free Report)
Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.
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