Trexquant Investment LP Has $1.37 Million Stake in Liberty Global PLC $LILAK

Key Points

• Trexquant Investment LP has reduced its position in Liberty Global PLC by 14.2%, resulting in ownership of 220,997 shares valued at approximately $1.37 million.
• Liberty Global reported a significant loss of ($2.12) EPS in its latest earnings, falling short of the consensus estimate and showing a negative net margin of 26.61%.
• Recent analyst reports have downgraded Liberty Global's rating, with Wall Street Zen moving it from a "buy" to a "hold" rating and Scotiabank adjusting their price target to $8.20.

Trexquant Investment LP reduced its position in Liberty Global PLC (NASDAQ:LILAK - Free Report) by 14.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 220,997 shares of the company's stock after selling 36,607 shares during the period. Trexquant Investment LP owned approximately 0.11% of Liberty Global worth $1,372,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of LILAK. Versant Capital Management Inc raised its stake in shares of Liberty Global by 556.5% in the 1st quarter. Versant Capital Management Inc now owns 5,331 shares of the company's stock valued at $33,000 after purchasing an additional 4,519 shares in the last quarter. Bridgefront Capital LLC bought a new stake in Liberty Global during the fourth quarter worth approximately $65,000. GAMMA Investing LLC boosted its stake in Liberty Global by 577.2% in 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 during the period. Teacher Retirement System of Texas acquired a new position in Liberty Global in the 1st quarter worth approximately $121,000. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Liberty Global by 1,604.2% during the 1st quarter. Harbor Capital Advisors Inc. now owns 21,660 shares of the company's stock valued at $135,000 after buying an additional 20,389 shares during the period. Institutional investors and hedge funds own 52.98% of the company's stock.

Liberty Global Stock Up 0.5%

Liberty Global stock traded up $0.04 during mid-day trading on Thursday, reaching $7.75. The company's stock had a trading volume of 908,612 shares, compared to its average volume of 1,194,746. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -1.31 and a beta of 1.02. Liberty Global PLC has a 12 month low of $4.23 and a 12 month high of $10.67. The business's 50 day simple moving average is $7.39 and its 200 day simple moving average is $6.32. The company has a debt-to-equity ratio of 5.00, a quick ratio of 1.08 and a current ratio of 1.08.

Liberty Global (NASDAQ:LILAK - Get Free Report) last announced its quarterly 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%.

Wall Street Analyst Weigh In

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

Liberty Global Company 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.