Counterpoint Mutual Funds LLC Takes $289,000 Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Counterpoint Mutual Funds LLC purchased a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 22,676 shares of the company's stock, valued at approximately $289,000.

Several other large investors have also recently made changes to their positions in the stock. ACR Alpine Capital Research LLC grew its stake in 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 worth $221,730,000 after buying an additional 13,366,743 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock worth $98,079,000 after buying an additional 4,485,823 shares during the last quarter. State Street Corp grew its stake in Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after buying an additional 705,780 shares during the last quarter. Candriam S.C.A. grew its stake in Liberty Global by 273.6% during the 4th quarter. Candriam S.C.A. now owns 807,651 shares of the company's stock worth $10,306,000 after buying an additional 591,498 shares during the last quarter. Finally, ARGA Investment Management LP grew its stake in Liberty Global by 72.1% during the 4th quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company's stock worth $12,897,000 after buying an additional 423,526 shares during the last quarter. 37.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now owns 16,153 shares of the company's stock, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.51% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on LBTYA. Deutsche Bank Aktiengesellschaft dropped their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Bank of America downgraded Liberty Global from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Sanford C. Bernstein cut Liberty Global from an "outperform" rating to a "market perform" rating and decreased their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, Barclays decreased their price objective on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating for the company in a report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $17.43.

Liberty Global Price Performance

NASDAQ LBTYA traded down $0.25 during trading hours on Friday, reaching $11.67. The company's stock had a trading volume of 2,470,876 shares, compared to its average volume of 1,952,677. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 2.79 and a beta of 1.27. Liberty Global Ltd. has a 1-year low of $10.55 and a 1-year high of $21.56. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The company's 50-day moving average is $11.50 and its two-hundred day moving average is $15.13.

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 for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. On average, equities analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current 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.