Liberty Global Ltd $LBTYA Stock Holdings Reduced by Lancaster Investment Management

Key Points

• Lancaster Investment Management reduced its stake in Liberty Global by 13.2% in Q4, selling 549,178 shares and retaining 3,604,640 shares — about 20.6% of Lancaster’s portfolio and roughly 1.07% of Liberty Global (≈$40.16M).
• Liberty Global reported a large quarterly EPS miss of ($8.60) despite roughly in-line revenue, carries negative profitability metrics and a negative PE, and faces mixed analyst coverage with a MarketBeat consensus rating of "Reduce" and a $14.40 average price target.

Lancaster Investment Management cut its position in shares of Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,604,640 shares of the company's stock after selling 549,178 shares during the period. Liberty Global accounts for about 20.6% of Lancaster Investment Management's investment portfolio, making the stock its 2nd largest position. Lancaster Investment Management owned approximately 1.07% of Liberty Global worth $40,156,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in LBTYA. Royal Bank of Canada grew its stake in shares of Liberty Global by 801.7% in the 1st quarter. Royal Bank of Canada now owns 120,200 shares of the company's stock valued at $1,383,000 after buying an additional 106,870 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Liberty Global during the first quarter valued at approximately $64,000. Millennium Management LLC lifted its stake in Liberty Global by 197.8% in the first quarter. Millennium Management LLC now owns 1,520,781 shares of the company's stock valued at $17,504,000 after acquiring an additional 1,010,118 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Liberty Global by 27.8% in the first quarter. Goldman Sachs Group Inc. now owns 451,847 shares of the company's stock valued at $5,201,000 after acquiring an additional 98,182 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Liberty Global by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company's stock worth $301,000 after acquiring an additional 1,153 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.9%

Shares of LBTYA stock opened at $12.28 on Thursday. Liberty Global Ltd has a 12 month low of $9.02 and a 12 month high of $13.52. The company has a market cap of $4.11 billion, a PE ratio of -0.59 and a beta of 1.02. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The business's 50 day moving average is $11.72 and its two-hundred day moving average is $11.35.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing analysts' consensus estimates of ($0.46) by ($8.14). The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%. Equities analysts predict that Liberty Global Ltd will post -1.35 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LBTYA. Weiss Ratings restated a "sell (d-)" rating on shares of Liberty Global in a report on Thursday, January 22nd. Zacks Research cut shares of Liberty Global from a "hold" rating to a "strong sell" rating in a report on Friday, March 20th. UBS Group increased their target price on shares of Liberty Global from $11.80 to $12.60 and gave the stock a "neutral" rating in a research report on Wednesday, December 3rd. Finally, Citigroup raised their target price on Liberty Global from $11.00 to $13.00 and gave the company a "neutral" rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $14.40.

About Liberty Global

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company's footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.

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