Quantbot Technologies LP Boosts Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Quantbot Technologies LP lifted its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 17.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,698 shares of the company’s stock after purchasing an additional 11,274 shares during the quarter. Quantbot Technologies LP’s holdings in Liberty Global were worth $953,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LBTYA. ACR Alpine Capital Research LLC raised its position in Liberty Global by 333.3% in 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 purchasing an additional 13,366,743 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Liberty Global by 2,799.0% in 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 valued at $98,079,000 after buying an additional 4,485,823 shares during the period. State Street Corp lifted 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 acquiring an additional 705,780 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Liberty Global by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company’s stock valued at $47,778,000 after acquiring an additional 141,749 shares during the period. Finally, ARGA Investment Management LP grew its position in Liberty Global by 72.1% in the 4th quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company’s stock valued at $12,897,000 after acquiring an additional 423,526 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LBTYA. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Liberty Global presently has an average rating of “Hold” and a consensus price target of $17.43.

Liberty Global Trading Down 0.3 %

NASDAQ LBTYA opened at $11.52 on Wednesday. Liberty Global Ltd. has a 52 week low of $10.55 and a 52 week high of $21.56. The firm has a 50 day moving average of $11.50 and a two-hundred day moving average of $14.94. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $4.02 billion, a PE ratio of 2.75 and a beta of 1.27.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.92) by $7.25. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, research analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 11.51% of the stock is owned by company insiders.

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.