Vanguard Group Inc. raised its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 55.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,240,199 shares of the company's stock after buying an additional 1,866,197 shares during the period. Vanguard Group Inc. owned about 1.47% of Liberty Global worth $66,865,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. ACR Alpine Capital Research LLC raised its stake in shares of Liberty Global by 333.3% during 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 during the last quarter. American Century Companies Inc. purchased a new position in shares of Liberty Global during the fourth quarter valued at approximately $9,403,000. State Street Corp lifted its stake in Liberty Global by 36.8% in the third quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after acquiring an additional 705,780 shares during the period. Candriam S.C.A. raised its holdings in Liberty Global by 273.6% in the 4th quarter. Candriam S.C.A. now owns 807,651 shares of the company's stock worth $10,306,000 after purchasing an additional 591,498 shares in the last quarter. Finally, ARGA Investment Management LP boosted its stake in shares of Liberty Global by 72.1% during the 4th quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company's stock valued at $12,897,000 after purchasing an additional 423,526 shares in the last quarter. 37.20% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Liberty Global currently has an average rating of "Hold" and an average target price of $17.43.
Read Our Latest Stock Report on Liberty Global
Liberty Global Stock Down 0.3 %
LBTYA stock traded down $0.03 during trading on Wednesday, hitting $10.63. 71,817 shares of the stock traded hands, compared to its average volume of 2,043,202. 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 stock 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 1 year low of $9.84 and a 1 year high of $21.56. The firm's 50 day moving average is $11.23 and its two-hundred day moving average is $13.88.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating 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 company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. On average, sell-side 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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