Friedenthal Financial Raises Stock Position in Liberty Global Ltd $LBTYA

Friedenthal Financial raised its stake in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 886.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,609 shares of the company’s stock after buying an additional 76,030 shares during the quarter. Friedenthal Financial’s holdings in Liberty Global were worth $943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Clearline Capital LP purchased a new stake in Liberty Global during the 3rd quarter valued at approximately $2,059,000. Gamco Investors INC. ET AL grew its position in shares of Liberty Global by 12.3% during the third quarter. Gamco Investors INC. ET AL now owns 1,902,389 shares of the company’s stock valued at $21,801,000 after purchasing an additional 208,307 shares in the last quarter. American Century Companies Inc. grew its position in shares of Liberty Global by 38.3% during the third quarter. American Century Companies Inc. now owns 2,936,165 shares of the company’s stock valued at $33,648,000 after purchasing an additional 813,798 shares in the last quarter. ACR Alpine Capital Research LLC grew its position in shares of Liberty Global by 3.5% during the third quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after purchasing an additional 719,589 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC purchased a new position in shares of Liberty Global during the third quarter valued at about $5,188,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on LBTYA shares. Zacks Research lowered shares of Liberty Global from a “hold” rating to a “strong sell” rating in a report on Friday, March 20th. UBS Group lifted their price target on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Liberty Global currently has a consensus rating of “Reduce” and a consensus target price of $14.40.

Liberty Global Stock Down 0.5%

NASDAQ LBTYA opened at $12.56 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The company has a fifty day moving average of $12.22 and a two-hundred day moving average of $11.43. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of -0.60 and a beta of 1.01. Liberty Global Ltd has a 52 week low of $9.02 and a 52 week high of $13.52.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Thursday, February 19th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.46) by ($8.14). Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%.The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. On average, analysts predict that Liberty Global Ltd will post -1.35 earnings per share for the current year.

Liberty Global Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.