Liberty Global Ltd. (NASDAQ:LBTYA) Holdings Lifted by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 375.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,744,184 shares of the company’s stock after acquiring an additional 2,166,932 shares during the period. Liberty Global comprises about 1.4% of ACR Alpine Capital Research LLC’s holdings, making the stock its 15th largest holding. ACR Alpine Capital Research LLC owned approximately 0.73% of Liberty Global worth $46,432,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of LBTYA. Tudor Investment Corp Et Al increased its stake in shares of Liberty Global by 42.0% in the third quarter. Tudor Investment Corp Et Al now owns 213,212 shares of the company’s stock worth $3,650,000 after acquiring an additional 63,016 shares during the last quarter. Graham Capital Management L.P. purchased a new stake in shares of Liberty Global during the 3rd quarter worth about $673,000. Vanguard Group Inc. lifted its holdings in shares of Liberty Global by 14.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,877,497 shares of the company’s stock valued at $49,263,000 after buying an additional 364,123 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at approximately $141,000. Finally, BKM Wealth Management LLC acquired a new position in Liberty Global in the fourth quarter worth approximately $409,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Price Performance

Shares of NASDAQ LBTYA traded up $0.39 during midday trading on Thursday, reaching $18.56. 1,325,796 shares of the company traded hands, compared to its average volume of 1,806,828. The firm has a market cap of $6.92 billion, a PE ratio of -2.87 and a beta of 1.16. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.28 and a current ratio of 1.28. The stock’s 50-day simple moving average is $17.24 and its 200-day simple moving average is $17.59. Liberty Global Ltd. has a 12 month low of $15.01 and a 12 month high of $20.56.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. The firm had revenue of $1.95 billion during the quarter. During the same period in the prior year, the business earned ($1.59) earnings per share. As a group, equities analysts anticipate that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.51% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on LBTYA shares. HSBC downgraded Liberty Global from a “buy” rating to a “hold” rating and decreased their price target for the stock from $26.00 to $20.00 in a research note on Monday, March 18th. Barclays dropped their price target on shares of Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, May 3rd. Finally, Benchmark decreased their price objective on shares of Liberty Global from $30.00 to $27.00 and set a “buy” rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $22.70.

Liberty Global Company 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.