Liberty Global Ltd $LBTYA Shares Purchased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has increased its stake in Liberty Global Ltd by 208.1%, owning 418,174 shares valued at approximately $4.81 million after purchasing an additional 282,431 shares in the first quarter.
• Insider trading activity includes CAO Jason Waldron selling 34,380 shares and CFO Charles H. R. Bracken selling 60,000 shares, resulting in significant decreases of their respective positions by 80.40% and 64.36%.
• Liberty Global's recent quarterly earnings report showed a loss of ($8.09) per share, missing analysts' expectations, though revenue came in at $1.27 billion, surpassing estimates of $1.20 billion.

Graham Capital Management L.P. boosted its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 208.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 418,174 shares of the company's stock after purchasing an additional 282,431 shares during the quarter. Graham Capital Management L.P. owned about 0.12% of Liberty Global worth $4,813,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CWM LLC raised its position in shares of Liberty Global by 81.5% during the first quarter. CWM LLC now owns 2,285 shares of the company's stock valued at $26,000 after buying an additional 1,026 shares during the last quarter. Private Advisor Group LLC increased its holdings in Liberty Global by 11.8% in the 1st quarter. Private Advisor Group LLC now owns 20,163 shares of the company's stock valued at $232,000 after acquiring an additional 2,123 shares during the last quarter. Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Liberty Global by 10.8% during the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 24,657 shares of the company's stock valued at $284,000 after purchasing an additional 2,406 shares during the last quarter. Voya Investment Management LLC grew its position in shares of Liberty Global by 5.6% during the fourth quarter. Voya Investment Management LLC now owns 64,960 shares of the company's stock valued at $829,000 after purchasing an additional 3,437 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Liberty Global by 14.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 32,316 shares of the company's stock worth $412,000 after purchasing an additional 4,128 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 60,000 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total transaction of $678,600.00. Following the transaction, the chief financial officer owned 33,220 shares in the company, valued at approximately $375,718.20. This trade represents a 64.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Miranda Curtis sold 42,600 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $11.77, for a total transaction of $501,402.00. Following the completion of the sale, the director directly owned 129,305 shares of the company's stock, valued at approximately $1,521,919.85. This trade represents a 24.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 136,980 shares of company stock valued at $1,577,091. 11.51% of the stock is currently owned by corporate insiders.

Liberty Global Trading Up 0.8%

Liberty Global stock traded up $0.09 during trading hours on Thursday, hitting $11.91. The company had a trading volume of 1,512,047 shares, compared to its average volume of 2,075,396. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $4.06 billion, a P/E ratio of -1.22 and a beta of 1.17. The company has a 50-day moving average price of $10.66 and a two-hundred day moving average price of $10.58. Liberty Global Ltd has a 1 year low of $9.02 and a 1 year high of $21.56.

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 the consensus estimate of ($0.55) by ($7.54). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.20 billion. On average, sell-side analysts anticipate that Liberty Global Ltd will post -1.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LBTYA shares. UBS Group increased their price target on Liberty Global from $10.60 to $11.80 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. Benchmark reissued a "buy" rating and issued a $21.00 target price (up from $18.00) on shares of Liberty Global in a report on Monday, August 4th. Berenberg Bank raised shares of Liberty Global to a "hold" rating in a research note on Thursday, June 26th. Finally, Citigroup dropped 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 note on Wednesday, May 28th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price 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.