Ameriprise Financial Inc. increased its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 391,384 shares of the company's stock after purchasing an additional 37,072 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.11% of Liberty Global worth $4,994,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in the company. ACR Alpine Capital Research LLC grew its holdings in Liberty Global by 333.3% in the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock worth $221,730,000 after purchasing an additional 13,366,743 shares during the period. Norges Bank purchased a new stake in shares of Liberty Global in the 4th quarter worth approximately $48,381,000. Wolf Hill Capital Management LP bought a new position in Liberty Global during the 4th quarter valued at approximately $27,413,000. Vanguard Group Inc. raised its stake in Liberty Global by 55.3% during the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock valued at $66,865,000 after buying an additional 1,866,197 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Liberty Global by 22.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock worth $77,482,000 after acquiring an additional 1,117,935 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors.
Liberty Global Stock Performance
Shares of NASDAQ LBTYA traded up $0.19 during midday trading on Tuesday, hitting $9.78. 5,222,555 shares of the stock traded hands, compared to its average volume of 2,116,588. The firm has a market capitalization of $3.38 billion, a P/E ratio of 2.33 and a beta of 1.23. Liberty Global Ltd. has a one year low of $9.03 and a one year high of $21.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm has a 50-day moving average of $10.45 and a two-hundred day moving average of $11.69.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, equities analysts forecast that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on LBTYA. Barclays set a $11.00 price objective on shares of Liberty Global and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft decreased their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Finally, UBS Group dropped their price objective on Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock in a research report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Liberty Global presently has an average rating of "Hold" and a consensus price target of $16.94.
Check Out Our Latest Research Report on LBTYA
Liberty Global Company Profile
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Free Report)
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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