ACR Alpine Capital Research LLC Has $80.76 Million Stock Holdings in Liberty Global Ltd $LBTYK

ACR Alpine Capital Research LLC increased its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 7.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,884,624 shares of the company’s stock after buying an additional 467,869 shares during the quarter. Liberty Global accounts for approximately 1.2% of ACR Alpine Capital Research LLC’s holdings, making the stock its 17th biggest position. ACR Alpine Capital Research LLC’s holdings in Liberty Global were worth $80,757,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LBTYK. California State Teachers Retirement System lifted its stake in Liberty Global by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 145,501 shares of the company’s stock worth $1,500,000 after acquiring an additional 1,116 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Liberty Global by 9.7% during the 4th quarter. Arkadios Wealth Advisors now owns 13,061 shares of the company’s stock valued at $144,000 after acquiring an additional 1,157 shares in the last quarter. CWM LLC grew its stake in Liberty Global by 28.1% during the 4th quarter. CWM LLC now owns 5,855 shares of the company’s stock valued at $65,000 after acquiring an additional 1,286 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in shares of Liberty Global by 9.3% in the 4th quarter. Perigon Wealth Management LLC now owns 21,111 shares of the company’s stock valued at $233,000 after purchasing an additional 1,789 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Liberty Global by 15.7% in the 3rd quarter. Raymond James Financial Inc. now owns 13,271 shares of the company’s stock valued at $156,000 after purchasing an additional 1,796 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director J David Wargo sold 55,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the transaction, the director owned 53,876 shares in the company, valued at approximately $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 9.86% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on LBTYK. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Wall Street Zen upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Liberty Global currently has an average rating of “Sell”.

Liberty Global Stock Performance

Shares of NASDAQ LBTYK opened at $10.27 on Friday. The business’s 50-day moving average price is $11.30 and its two-hundred day moving average price is $11.42. 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 one year low of $9.94 and a one year high of $13.12. The company has a market capitalization of $3.47 billion, a P/E ratio of -0.64 and a beta of 0.89.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.