First Wilshire Securities Management Inc. Has $26.46 Million Position in Liberty Global Ltd $LBTYA

Key Points

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First Wilshire Securities Management Inc. raised its stake in shares of Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,298,762 shares of the company's stock after buying an additional 34,367 shares during the period. Liberty Global makes up 7.6% of First Wilshire Securities Management Inc.'s portfolio, making the stock its 3rd biggest position. First Wilshire Securities Management Inc. owned about 0.67% of Liberty Global worth $26,459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of LBTYA. ACR Alpine Capital Research LLC increased its stake in Liberty Global by 14.1% during the 1st quarter. ACR Alpine Capital Research LLC now owns 19,835,384 shares of the company's stock valued at $228,305,000 after buying an additional 2,458,406 shares during the period. Wolf Hill Capital Management LP acquired a new position in Liberty Global during the 4th quarter valued at about $27,413,000. Contour Asset Management LLC acquired a new position in Liberty Global during the 4th quarter valued at about $25,730,000. Dimensional Fund Advisors LP increased its stake in Liberty Global by 22.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock valued at $77,482,000 after buying an additional 1,117,935 shares during the period. Finally, Bayberry Capital Partners LP acquired a new position in Liberty Global during the 4th quarter valued at about $13,781,000. Institutional investors and hedge funds own 37.20% of the company's stock.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 60,000 shares of the business's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total value of $678,600.00. Following the sale, the chief financial officer owned 33,220 shares in the company, valued at approximately $375,718.20. The trade was a 64.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jason Waldron sold 34,380 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the completion of the sale, the chief accounting officer owned 8,383 shares in the company, valued at $96,823.65. This represents a 80.40% decrease in their position. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by insiders.

Liberty Global Stock Performance

LBTYA traded up $0.23 during trading on Friday, reaching $11.68. 1,780,292 shares of the company's stock were exchanged, compared to its average volume of 2,289,354. Liberty Global Ltd has a fifty-two week low of $9.02 and a fifty-two week high of $21.56. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The business has a 50 day moving average price of $10.36 and a 200 day moving average price of $10.54. The company has a market capitalization of $3.98 billion, a P/E ratio of -1.20 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.55) by ($7.54). Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.20 billion. As a group, analysts predict that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LBTYA shares. Citigroup reduced their price objective on shares of Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research report on Wednesday, May 28th. Barclays set a $11.00 price objective on shares of Liberty Global and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Berenberg Bank upgraded shares of Liberty Global to a "hold" rating in a research report on Thursday, June 26th. Benchmark restated a "buy" rating and set a $21.00 price objective (up previously from $18.00) on shares of Liberty Global in a research report on Monday, August 4th. Finally, UBS Group raised their price objective on shares of Liberty Global from $10.60 to $11.80 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $14.26.

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.