Dynamic Technology Lab Private Ltd Purchases 71,677 Shares of Liberty Global PLC $LILAK

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 raised its position in Liberty Global PLC (NASDAQ:LILAK - Free Report) by 422.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,633 shares of the company's stock after buying an additional 71,677 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Liberty Global were worth $550,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its position in shares of Liberty Global by 27.1% during the 4th quarter. Northern Trust Corp now owns 1,519,252 shares of the company's stock valued at $9,632,000 after acquiring an additional 324,018 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Liberty Global by 241.4% during the 4th quarter. BNP Paribas Financial Markets now owns 96,087 shares of the company's stock valued at $609,000 after acquiring an additional 67,943 shares during the period. Balyasny Asset Management L.P. lifted its position in shares of Liberty Global by 377.1% during the 4th quarter. Balyasny Asset Management L.P. now owns 79,203 shares of the company's stock valued at $502,000 after acquiring an additional 62,601 shares during the period. Deutsche Bank AG lifted its position in shares of Liberty Global by 41.3% during the 4th quarter. Deutsche Bank AG now owns 1,881,436 shares of the company's stock valued at $11,928,000 after acquiring an additional 549,884 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of Liberty Global by 1,341.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 198,882 shares of the company's stock valued at $1,261,000 after acquiring an additional 185,082 shares during the period. 52.98% of the stock is owned by institutional investors and hedge funds.

Liberty Global Trading Up 2.1%

Liberty Global stock traded up $0.16 during trading hours on Tuesday, hitting $7.90. The stock had a trading volume of 1,321,362 shares, compared to its average volume of 1,102,583. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 5.00. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of -1.33 and a beta of 1.02. Liberty Global PLC has a one year low of $4.23 and a one year high of $10.67. The business's 50 day simple moving average is $7.47 and its 200-day simple moving average is $6.34.

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

Wall Street Analysts Forecast Growth

LILAK has been the subject of a number of recent analyst reports. Scotiabank upped their target price on Liberty Global from $5.10 to $8.20 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Wall Street Zen downgraded Liberty Global from a "buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Liberty Global presently has a consensus rating of "Hold" and an average price target of $7.85.

Liberty Global Profile

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.