Baupost Group LLC MA Sells 1,992,832 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Baupost Group LLC MA reduced its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 27.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,201,444 shares of the company's stock after selling 1,992,832 shares during the quarter. Liberty Global makes up approximately 1.9% of Baupost Group LLC MA's investment portfolio, making the stock its 16th biggest position. Baupost Group LLC MA owned approximately 1.45% of Liberty Global worth $66,370,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. ACR Alpine Capital Research LLC lifted its position in shares of Liberty Global by 333.3% in the fourth 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. lifted its holdings in shares of Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock worth $66,865,000 after buying an additional 1,866,197 shares in the last quarter. Norges Bank bought a new position in shares of Liberty Global during the fourth quarter worth $48,381,000. Franklin Resources Inc. grew its stake in Liberty Global by 65.4% during the fourth quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company's stock valued at $33,938,000 after acquiring an additional 1,051,458 shares in the last quarter. Finally, State Street Corp lifted its stake in Liberty Global by 36.8% in the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after purchasing an additional 705,780 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft decreased their price objective on 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 downgraded Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price target for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $17.43.

Liberty Global Trading Up 1.4 %

Shares of LBTYA traded up $0.15 during trading hours on Friday, reaching $10.63. 1,290,998 shares of the company traded hands, compared to its average volume of 2,047,632. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 2.54 and a beta of 1.25. Liberty Global Ltd. has a 12-month low of $9.84 and a 12-month high of $21.56. The stock's fifty day moving average price is $11.20 and its 200 day moving average price is $13.71. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $1.84 billion. Sell-side analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Liberty Global Profile

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.