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Virtu Financial LLC Increases Holdings in Liberty Global PLC (NASDAQ:LILAK)

Liberty Global logo with Computer and Technology background

Key Points

  • Virtu Financial LLC increased its holdings in Liberty Global PLC by 98.1%, owning 195,468 shares valued at $1,214,000 after buying 96,797 additional shares in the 1st quarter.
  • Liberty Global's stock is down 3.9% and the company reported a loss of ($2.12) EPS, missing analyst expectations of $0.02.
  • Analyst ratings for Liberty Global have changed, with Wall Street Zen downgrading its rating from "buy" to "hold".
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Virtu Financial LLC lifted its position in shares of Liberty Global PLC (NASDAQ:LILAK - Free Report) by 98.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,468 shares of the company's stock after purchasing an additional 96,797 shares during the quarter. Virtu Financial LLC owned 0.10% of Liberty Global worth $1,214,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Fourth Sail Capital LP bought a new stake in shares of Liberty Global in the 1st quarter worth $15,734,000. Long Focus Capital Management LLC lifted its position in Liberty Global by 79.0% during the fourth quarter. Long Focus Capital Management LLC now owns 3,034,616 shares of the company's stock valued at $19,239,000 after purchasing an additional 1,339,216 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of Liberty Global by 4,054.1% in the fourth quarter. Hsbc Holdings PLC now owns 809,417 shares of the company's stock valued at $5,087,000 after acquiring an additional 789,932 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Liberty Global by 41.3% in the fourth 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 in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Liberty Global by 27.1% in the fourth 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 in the last quarter. 52.98% of the stock is owned by institutional investors and hedge funds.

Liberty Global Trading Up 3.5%

NASDAQ:LILAK traded up $0.27 during trading hours on Friday, reaching $7.99. 1,634,900 shares of the stock were exchanged, compared to its average volume of 1,198,846. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of -1.35 and a beta of 0.95. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 5.00. Liberty Global PLC has a twelve month low of $4.23 and a twelve month high of $10.67. The business has a 50-day moving average of $6.48 and a two-hundred day moving average of $6.14.

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 business had revenue of $1.09 billion during the quarter, compared to analysts' expectations 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

Separately, Wall Street Zen lowered Liberty Global from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th.

Get Our Latest Analysis on Liberty Global

About Liberty Global

(Free Report)

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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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LILAK)

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