Liberty Global PLC $LILAK Shares Acquired by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Liberty Global PLC by 422.7% in Q1 and now holds 88,633 shares, valued at $550,000.
• Several institutional investors, including Harbor Capital Advisors Inc. and GAMMA Investing LLC, significantly boosted their stakes in Liberty Global during the same quarter, with increases up to 1,604.2%.
• Liberty Global's stock recently experienced a 2.0% decline and reported a significant earnings miss, with an EPS of ($2.12) compared to analyst expectations of $0.02.

Dynamic Technology Lab Private Ltd lifted its stake in shares of Liberty Global PLC (NASDAQ:LILAK - Free Report) by 422.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,633 shares of the company's stock after purchasing an additional 71,677 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Liberty Global were worth $550,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc increased its stake in Liberty Global by 556.5% in the 1st quarter. Versant Capital Management Inc now owns 5,331 shares of the company's stock worth $33,000 after purchasing an additional 4,519 shares in the last quarter. GAMMA Investing LLC grew its position in Liberty Global by 577.2% during the 1st quarter. GAMMA Investing LLC now owns 11,811 shares of the company's stock worth $73,000 after purchasing an additional 10,067 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in Liberty Global during the 1st quarter valued at $121,000. Harbor Capital Advisors Inc. boosted its position in shares of Liberty Global by 1,604.2% in the first quarter. Harbor Capital Advisors Inc. now owns 21,660 shares of the company's stock worth $135,000 after buying an additional 20,389 shares during the period. Finally, Entropy Technologies LP purchased a new stake in Liberty Global in the 1st quarter worth about $140,000. Institutional investors and hedge funds own 52.98% of the company's stock.

Liberty Global Trading Down 2.0%

Shares of Liberty Global stock opened at $7.71 on Thursday. The company's fifty day simple moving average is $7.37 and its 200-day simple moving average is $6.32. The company has a market cap of $1.54 billion, a price-to-earnings ratio of -1.30 and a beta of 1.02. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 5.00. Liberty Global PLC has a 1 year low of $4.23 and a 1 year high of $10.67.

Liberty Global (NASDAQ:LILAK - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported ($2.12) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($2.14). The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.11 billion. Liberty Global had a negative net margin of 26.61% and a negative return on equity of 71.58%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LILAK. Wall Street Zen cut Liberty Global from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th. Scotiabank boosted their price target on Liberty Global from $5.10 to $8.20 and gave the company a "sector perform" rating in a research note on Thursday, August 28th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Liberty Global currently has a consensus rating of "Hold" and a consensus target price of $7.85.

About Liberty Global

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.

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