ACR Alpine Capital Research LLC Purchases 13,366,743 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

ACR Alpine Capital Research LLC boosted its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 333.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,376,978 shares of the company's stock after purchasing an additional 13,366,743 shares during the period. Liberty Global makes up approximately 4.8% of ACR Alpine Capital Research LLC's investment portfolio, making the stock its 13th biggest holding. ACR Alpine Capital Research LLC owned approximately 4.86% of Liberty Global worth $221,730,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Liberty Global by 2.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company's stock worth $595,000 after acquiring an additional 606 shares during the period. Private Advisor Group LLC increased its position in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company's stock worth $235,000 after acquiring an additional 835 shares during the period. Stifel Financial Corp increased its position in shares of Liberty Global by 8.2% during the third quarter. Stifel Financial Corp now owns 12,717 shares of the company's stock worth $268,000 after acquiring an additional 968 shares during the period. Blue Trust Inc. increased its position in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after acquiring an additional 1,081 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Liberty Global by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company's stock worth $5,999,000 after acquiring an additional 1,615 shares during the period. Institutional investors own 37.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays reduced their target price on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Monday, November 25th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. UBS Group lowered shares of Liberty Global from a "buy" rating to a "neutral" rating and cut their price objective for the company from $23.00 to $13.00 in a report on Monday, November 18th. Finally, Bank of America lowered shares of Liberty Global from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $13.10 to $12.60 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Liberty Global currently has an average rating of "Hold" and an average target price of $17.75.

Insider Transactions at Liberty Global

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business's stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 11.51% of the company's stock.

Liberty Global Price Performance

Shares of LBTYA opened at $11.56 on Monday. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 2.76 and a beta of 1.24. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $11.80 and a two-hundred day moving average of $15.86.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, analysts predict that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

About Liberty Global

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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