GSA Capital Partners LLP Grows Position in Liberty Global Ltd (NASDAQ:LBTYA)

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

A number of other institutional investors and hedge funds have also bought and sold shares of LBTYA. CWM LLC boosted its stake in Liberty Global by 81.5% in the 1st quarter. CWM LLC now owns 2,285 shares of the company's stock worth $26,000 after purchasing an additional 1,026 shares during the period. Versant Capital Management Inc bought a new position in Liberty Global in the 1st quarter worth about $50,000. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Global during the 4th quarter valued at about $73,000. GAMMA Investing LLC boosted its position in shares of Liberty Global by 2,370.7% during the 1st quarter. GAMMA Investing LLC now owns 6,745 shares of the company's stock valued at $78,000 after acquiring an additional 6,472 shares during the last quarter. Finally, Friedenthal Financial purchased a new position in shares of Liberty Global during the 1st quarter valued at about $78,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Liberty Global Stock Performance

NASDAQ LBTYA opened at $10.06 on Tuesday. Liberty Global Ltd has a 52-week low of $9.02 and a 52-week high of $21.56. The business's 50-day moving average price is $9.87 and its 200 day moving average price is $10.62. The firm has a market cap of $3.48 billion, a P/E ratio of -10.37 and a beta of 1.14. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.64.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released 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). The firm had revenue of $1.17 billion during 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%. On average, equities research analysts expect that Liberty Global Ltd will post -1.35 earnings per share for the current 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.

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