Jump Financial LLC Buys Shares of 311,574 Liberty Global Ltd $LBTYA

Key Points

• Jump Financial LLC has acquired a new stake in Liberty Global Ltd, purchasing 311,574 shares valued at approximately $3.6 million, representing about 0.09% ownership.
• Institutional investors have increased their stakes in Liberty Global, with SG Americas Securities LLC leading with a 2,014.6% increase, now holding 565,516 shares.
• Despite recent insider selling, Wall Street analysts maintain a consensus rating of "Hold" for Liberty Global, with price targets ranging from $11.00 to $21.00.

Jump Financial LLC purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYA - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 311,574 shares of the company's stock, valued at approximately $3,586,000. Jump Financial LLC owned approximately 0.09% of Liberty Global as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of LBTYA. ACR Alpine Capital Research LLC grew its stake in shares of Liberty Global by 14.1% in the first quarter. ACR Alpine Capital Research LLC now owns 19,835,384 shares of the company's stock valued at $228,305,000 after acquiring an additional 2,458,406 shares in the last quarter. Contour Asset Management LLC acquired a new position in shares of Liberty Global in the fourth quarter valued at about $25,730,000. Dimensional Fund Advisors LP grew its stake in shares of 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 in the last quarter. Bayberry Capital Partners LP acquired a new position in shares of Liberty Global in the fourth quarter valued at about $13,781,000. Finally, Nuveen LLC acquired a new position in shares of Liberty Global in the first quarter valued at about $10,809,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Benchmark reaffirmed 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. Berenberg Bank raised shares of Liberty Global to a "hold" rating in a research report on Thursday, June 26th. Barclays set a $11.00 price objective on shares of Liberty Global and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Citigroup cut 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. Finally, UBS Group upped their price objective on shares of Liberty Global from $10.60 to $11.80 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $14.26.

Insider Transactions at Liberty Global

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

Liberty Global Price Performance

Shares of LBTYA stock traded up $0.01 on Friday, reaching $11.74. The company had a trading volume of 1,349,741 shares, compared to its average volume of 1,866,169. The stock has a market capitalization of $4.00 billion, a PE ratio of -1.20 and a beta of 1.17. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a one year low of $9.02 and a one year high of $21.56. The business's 50-day moving average is $10.55 and its 200 day moving average is $10.56.

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

Liberty Global 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.