BBR Partners LLC raised its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 150.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 150,000 shares of the company's stock after acquiring an additional 90,000 shares during the period. BBR Partners LLC's holdings in Liberty Global were worth $1,914,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in LBTYA. Candriam S.C.A. lifted its holdings in shares of Liberty Global by 273.6% in the fourth quarter. Candriam S.C.A. now owns 807,651 shares of the company's stock valued at $10,306,000 after purchasing an additional 591,498 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Liberty Global in the fourth quarter valued at approximately $295,000. Proficio Capital Partners LLC bought a new position in shares of Liberty Global in the fourth quarter valued at approximately $270,000. ACR Alpine Capital Research LLC lifted its holdings 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 purchasing an additional 13,366,743 shares in the last quarter. Finally, Versor Investments LP lifted its holdings in shares of Liberty Global by 97.0% in the fourth quarter. Versor Investments LP now owns 52,000 shares of the company's stock valued at $664,000 after purchasing an additional 25,600 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on LBTYA. UBS Group downgraded Liberty Global from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Barclays lowered their price objective 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. Sanford C. Bernstein downgraded shares of Liberty Global from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Bank of America cut shares of Liberty Global from a "neutral" rating to an "underperform" rating and lowered their price target for the stock 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 issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $17.75.
Check Out Our Latest Stock Report on Liberty Global
Insiders Place Their Bets
In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now owns 16,153 shares in the company, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 11.51% of the company's stock.
Liberty Global Stock Performance
Liberty Global stock traded up $0.14 during trading on Friday, hitting $11.66. The stock had a trading volume of 1,842,589 shares, compared to its average volume of 2,127,998. Liberty Global Ltd. has a 1 year low of $10.55 and a 1 year 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 stock's 50 day moving average is $11.71 and its two-hundred day moving average is $15.63. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 2.78 and a beta of 1.27.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its 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. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current year.
About Liberty Global
(
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.
Featured Stories
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
