Liberty Global Ltd (NASDAQ:LBTYA) Shares Purchased by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP increased its stake in Liberty Global Ltd by 335.6%, owning approximately 204,648 shares valued at about $2.35 million.
• Multiple institutional investors have shown significant interest, with CWM LLC boosting its stake by 81.5% and GAMMA Investing LLC increasing its position by a remarkable 2,370.7%.
• Analysts have set a consensus rating of "Hold" for Liberty Global, with a consensus price target dropping to $14.94 after recent updates from Barclays, UBS Group, and Citigroup.

GSA Capital Partners LLP boosted its position in Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 335.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,648 shares of the company's stock after purchasing an additional 157,668 shares during the period. GSA Capital Partners LLP owned about 0.06% of Liberty Global worth $2,355,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. lifted its holdings in Liberty Global by 10.5% during the 4th quarter. Ameriprise Financial Inc. now owns 391,384 shares of the company's stock worth $4,994,000 after purchasing an additional 37,072 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Liberty Global by 29.6% during the 1st quarter. Bank of New York Mellon Corp now owns 609,426 shares of the company's stock worth $7,014,000 after acquiring an additional 139,294 shares during the period. Hi Line Capital Management LLC increased its holdings in Liberty Global by 21.1% during the 1st quarter. Hi Line Capital Management LLC now owns 1,001,541 shares of the company's stock worth $11,528,000 after acquiring an additional 174,234 shares during the period. Northern Trust Corp increased its holdings in Liberty Global by 22.8% during the 4th quarter. Northern Trust Corp now owns 1,030,866 shares of the company's stock worth $13,154,000 after acquiring an additional 191,179 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Liberty Global by 2,014.6% during the 1st quarter. SG Americas Securities LLC now owns 565,516 shares of the company's stock worth $6,509,000 after acquiring an additional 538,772 shares during the period. Hedge funds and other institutional investors own 37.20% of the company's stock.

Liberty Global Price Performance

LBTYA stock traded up $0.51 during trading on Friday, hitting $10.53. 4,519,379 shares of the company's stock traded hands, compared to its average volume of 2,092,896. Liberty Global Ltd has a 52 week low of $9.02 and a 52 week high of $21.56. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.95 and a current ratio of 0.95. The business has a fifty day simple moving average of $9.88 and a 200 day simple moving average of $10.60. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of -10.86 and a beta of 1.14.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.83) by ($3.01). The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.09 billion. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%. As a group, research analysts expect that Liberty Global Ltd will post -1.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on LBTYA shares. Barclays set a $11.00 price target on shares of Liberty Global and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Berenberg Bank upgraded Liberty Global to a "hold" rating in a research report on Thursday, June 26th. UBS Group dropped their price objective on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a report on Monday, May 12th. Finally, Citigroup dropped their price objective on Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.94.

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.