Balyasny Asset Management L.P. Makes New $555,000 Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Balyasny Asset Management L.P. acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 43,461 shares of the company's stock, valued at approximately $555,000.

Several other institutional investors have also added to or reduced their stakes in LBTYA. Bayberry Capital Partners LP acquired a new stake in shares of Liberty Global in the 4th quarter valued at $13,781,000. BNP Paribas Financial Markets lifted its position in shares of Liberty Global by 10.0% during the 4th quarter. BNP Paribas Financial Markets now owns 121,437 shares of the company's stock worth $1,550,000 after buying an additional 11,077 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Liberty Global by 10.5% in the fourth quarter. Ameriprise Financial Inc. now owns 391,384 shares of the company's stock valued at $4,994,000 after buying an additional 37,072 shares in the last quarter. Algert Global LLC grew its position in Liberty Global by 50.0% in the fourth quarter. Algert Global LLC now owns 472,863 shares of the company's stock valued at $6,034,000 after acquiring an additional 157,652 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its stake in Liberty Global by 47.9% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 56,056 shares of the company's stock worth $715,000 after acquiring an additional 18,156 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.1%

Shares of NASDAQ LBTYA traded up $0.01 during trading on Monday, reaching $9.76. The company had a trading volume of 1,457,991 shares, compared to its average volume of 2,115,926. The stock has a market cap of $3.37 billion, a P/E ratio of 2.33 and a beta of 1.23. The company's fifty day moving average price is $10.68 and its 200-day moving average price is $12.13. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12 month low of $9.03 and a 12 month high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.09 billion. As a group, research analysts expect that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on LBTYA. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. UBS Group lowered their price target on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a report on Monday, May 12th. Barclays set a $11.00 price objective on Liberty Global and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and cut their price target for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Liberty Global currently has a consensus rating of "Hold" and a consensus price target of $16.94.

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.