Los Angeles Capital Management LLC increased its stake in Liberty Global Ltd (NASDAQ:LBTYA – Free Report) by 27.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 282,453 shares of the company’s stock after purchasing an additional 60,314 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.08% of Liberty Global worth $3,099,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in LBTYA. ACR Alpine Capital Research LLC grew its holdings in Liberty Global by 1.5% during the fourth quarter. ACR Alpine Capital Research LLC now owns 21,546,970 shares of the company’s stock valued at $240,033,000 after purchasing an additional 309,230 shares during the last quarter. Oaktree Capital Management LP lifted its stake in shares of Liberty Global by 4.1% in the third quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock worth $97,997,000 after buying an additional 339,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Liberty Global by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,110,169 shares of the company’s stock worth $92,945,000 after buying an additional 287,889 shares during the period. Rubric Capital Management LP boosted its holdings in shares of Liberty Global by 36.2% during the 3rd quarter. Rubric Capital Management LP now owns 7,750,367 shares of the company’s stock worth $88,819,000 after buying an additional 2,058,142 shares during the period. Finally, AQR Capital Management LLC grew its stake in Liberty Global by 227.4% in the 3rd quarter. AQR Capital Management LLC now owns 7,672,437 shares of the company’s stock valued at $87,926,000 after buying an additional 5,328,998 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on LBTYA shares. Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. UBS Group lifted their price objective on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research note on Tuesday, March 31st. Pivotal Research reissued a “buy” rating and set a $18.00 price objective on shares of Liberty Global in a research report on Monday, May 4th. Finally, Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Liberty Global presently has a consensus rating of “Hold” and an average price target of $16.15.
Liberty Global Stock Performance
NASDAQ LBTYA opened at $11.74 on Wednesday. The company’s fifty day moving average is $12.08 and its two-hundred day moving average is $11.67. Liberty Global Ltd has a 52-week low of $9.45 and a 52-week high of $13.52. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of -0.73 and a beta of 0.92.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Equities research analysts forecast that Liberty Global Ltd will post -1.38 EPS for the current year.
Liberty Global Company 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.
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