DME Capital Management LP Sells 367,622 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

DME Capital Management LP lessened its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,885,258 shares of the company's stock after selling 367,622 shares during the period. Liberty Global comprises 2.6% of DME Capital Management LP's holdings, making the stock its 12th largest holding. DME Capital Management LP owned 1.09% of Liberty Global worth $49,576,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ACR Alpine Capital Research LLC increased its stake 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in Liberty Global by 22.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock valued at $77,482,000 after acquiring an additional 1,117,935 shares during the last quarter. Vanguard Group Inc. boosted its stake in Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock valued at $66,865,000 after acquiring an additional 1,866,197 shares during the last quarter. Norges Bank purchased a new stake in shares of Liberty Global during the 4th quarter valued at approximately $48,381,000. Finally, Franklin Resources Inc. lifted its stake in Liberty Global by 65.4% in the 4th quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company's stock worth $33,938,000 after purchasing an additional 1,051,458 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on LBTYA shares. Barclays set a $11.00 price objective on shares of Liberty Global and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Sanford C. Bernstein downgraded shares of Liberty Global from an "outperform" rating to a "market perform" rating and decreased their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their target price 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. Finally, UBS Group cut their price target on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock in a report on Monday. One 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. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $16.94.

Liberty Global Stock Performance

NASDAQ:LBTYA traded down $0.03 during mid-day trading on Tuesday, reaching $9.20. The stock had a trading volume of 1,200,353 shares, compared to its average volume of 2,073,278. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 2.20 and a beta of 1.23. Liberty Global Ltd. has a twelve month low of $9.03 and a twelve month high of $21.56. The business has a 50 day simple moving average of $10.83 and a 200 day simple moving average of $12.42.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.09 billion. On average, analysts expect that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

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.