ACR Alpine Capital Research LLC Increases Position in Liberty Global Ltd $LBTYA

ACR Alpine Capital Research LLC boosted its position in Liberty Global Ltd (NASDAQ:LBTYA) by 9.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,644,817 shares of the company’s stock after acquiring an additional 2,097,847 shares during the quarter. Liberty Global accounts for approximately 4.3% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 13th largest holding. ACR Alpine Capital Research LLC owned about 0.07% of Liberty Global worth $285,866,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in LBTYA. Clearline Capital LP bought a new position in Liberty Global during the third quarter valued at approximately $2,059,000. SG Americas Securities LLC raised its stake in shares of Liberty Global by 1,594.4% during the fourth quarter. SG Americas Securities LLC now owns 507,445 shares of the company’s stock worth $5,653,000 after acquiring an additional 477,497 shares in the last quarter. UBS Group AG lifted its holdings in shares of Liberty Global by 44.2% in the 4th quarter. UBS Group AG now owns 2,754,981 shares of the company’s stock worth $30,690,000 after acquiring an additional 844,265 shares during the last quarter. Lighthouse Investment Partners LLC lifted its holdings in shares of Liberty Global by 30.0% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 406,036 shares of the company’s stock worth $4,653,000 after acquiring an additional 93,700 shares during the last quarter. Finally, Oaktree Capital Management LP boosted its stake in shares of Liberty Global by 4.1% in the 3rd quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock valued at $97,997,000 after purchasing an additional 339,000 shares in the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Down 0.5%

Shares of NASDAQ:LBTYA opened at $10.61 on Friday. The stock’s 50-day moving average is $11.67 and its 200 day moving average is $11.69. The company has a market cap of $3.59 billion, a PE ratio of -0.66 and a beta of 0.93. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. Liberty Global Ltd has a 1 year low of $9.62 and a 1 year high of $13.52.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of ($0.35) by $1.31. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. Sell-side analysts anticipate that Liberty Global Ltd will post -1.38 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on LBTYA. Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Pivotal Research reissued a “buy” rating and issued a $18.00 price target on shares of Liberty Global in a research note on Monday, May 4th. Zacks Research raised Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, UBS Group decreased their price objective on Liberty Global from $12.60 to $12.10 and set a “neutral” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $16.02.

Insider Activity at Liberty Global

In related news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total transaction of $634,700.00. Following the completion of the transaction, the director owned 53,876 shares in the company, valued at $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.34% of the stock is currently owned by corporate insiders.

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.