Schonfeld Strategic Advisors LLC Boosts Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Schonfeld Strategic Advisors LLC raised its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 47.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 56,056 shares of the company’s stock after acquiring an additional 18,156 shares during the quarter. Schonfeld Strategic Advisors LLC’s holdings in Liberty Global were worth $715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ACR Alpine Capital Research LLC increased 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 period. Norges Bank acquired a new position in Liberty Global during the 4th quarter worth $48,381,000. Wolf Hill Capital Management LP purchased a new stake in Liberty Global during the 4th quarter worth about $27,413,000. Vanguard Group Inc. boosted its stake in shares of Liberty Global by 55.3% in the 4th quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company’s stock valued at $66,865,000 after buying an additional 1,866,197 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Liberty Global by 22.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company’s stock worth $77,482,000 after acquiring an additional 1,117,935 shares during the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

NASDAQ LBTYA opened at $9.25 on Friday. The firm has a market cap of $3.23 billion, a P/E ratio of 2.21 and a beta of 1.23. Liberty Global Ltd. has a 52-week low of $9.19 and a 52-week high of $21.56. The business’s 50-day moving average price is $10.88 and its 200 day moving average price is $12.62. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.09 billion. On average, equities research analysts expect that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on LBTYA shares. Sanford C. Bernstein downgraded Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft dropped 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. Finally, Barclays set a $11.00 target price on Liberty Global and gave the company an “equal weight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.29.

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.